News

Sat, 15 Jul 2017 13:57:05 GMT

Protesters in Singapore demand inquiry into PM's alleged abuse of power

Protesters gathered in Singapore on Saturday to demand an independent inquiry into PM Lee Hsien Loong's alleged abuse of power in a property-related dispute with siblings.

Sat, 15 Jul 2017 13:06:34 GMT

Iran blames Trump for conflicting policies in region

The Ministry of Foreign Affairs of Iran said that the US President Donald Trump should deal with "arbitrary and conflicting policies" of the US and its allies in the region.

Sat, 15 Jul 2017 12:52:01 GMT

Merkel says Brexit and French election changed her view on Europe

The German Chancellor Angela Merkel said that Brexit and the French election had changed her view on the EU, emphasising that it was important to fight for stronger Europe.

Sat, 15 Jul 2017 11:55:16 GMT

Austrian lawmaker Peter Pilz files complaint against Daimler over fraud

A lawmaker of the Austrian Green party Peter Pilz filed a complaint against Daimler, accusing the firm for deception and fraud regarding a purchase of Eurofighter jets in 2003.

Sat, 15 Jul 2017 11:45:27 GMT

Tony Blair says EU may compromise on freedom of movement

The former British Prime Minister Tony Blair said that the European Union was willing to adjust its rules on freedom of movement, thus helping Britain to avoid "hard Brexit".

Sat, 15 Jul 2017 11:06:54 GMT

No surprises expected in ECB monetary policy meeting on July 20

The European Central Bank is not expected to change its rhetoric at the monetary policy meeting on July 20; however, it may hint to some adjustments to the asset-buying programme.

Sat, 15 Jul 2017 11:02:32 GMT

Fire at tower block in Honolulu kills three people

According to media reports, the massive fire that broke out at the 36-storey Marco Polo tower block in Honolulu, Hawaii, had killed three people.

Sat, 15 Jul 2017 10:20:33 GMT

Honda to recall more than 1M cars in US due to battery fires

Honda is set to recall more than 1M of Accord cars in the US after receiving reports that the vehicle's battery sensors caused fires in the engine.

Sat, 15 Jul 2017 10:20:26 GMT

GM and Uber try expanding Maven to Australia

General Motors stated that the company was checking its car-sharing programme Maven in Australia throughout a pilot programme with Uber.

Sat, 15 Jul 2017 08:59:45 GMT

More than 100K reach Europe by sea in 2017

The UN International Organisation for Migration reported that more than 100K refugees and migrants entered Europe by sea this year until July 12.

Sat, 15 Jul 2017 08:59:22 GMT

Trump ex-adviser denies presidential campaign ties with Russia

Donald Trump's ex-adviser Michael Caputo stated that he never noticed of anyone in the campaign while having contacts with Russians.

Sat, 15 Jul 2017 07:53:09 GMT

Bank of Italy expects stronger economic growth

The Bank of Italy revised its forecasts for 2017 GDP growth from 0.9% to 1.4% amid more favorable developments in the energy raw materials market as well as in foreign demand.

Sat, 15 Jul 2017 07:52:01 GMT

Beijing invests $31.69B to improve people's well-being

Beijing invested $31.69B in public service, environment and infrastructure in the past five years, which amounted more than 90% of total government investment.

Sat, 15 Jul 2017 07:23:11 GMT

Mercedes-Benz to recall cars in China amid brake problem

Mercedes-Benz started recalling 16K cars, manufactured within the year ended April 2013 and then imported to China, due to a brake booster issue.

Sat, 15 Jul 2017 07:21:09 GMT

Slovenian President wants more cooperation with China in sciences

Slovenian President voiced willingness to strengthen cooperation with China in science and technologies while meeting a delegation of China's scientists.

Sat, 15 Jul 2017 06:10:41 GMT

Australia to join UN Human Rights Council

As reported by the Herald Sun paper on Saturday, Australia is set to join the UN Human Rights Council following the decision of France to withdraw from the process.

Sat, 15 Jul 2017 06:10:10 GMT

Bank of Communications to put $1B in HK subsidiary

In a statement released late on Friday, Bank of Communications said it was ready to invest $1.01B to set up a new Hong Kong unit that will deal with private and retail banking.

Sat, 15 Jul 2017 05:02:43 GMT

Russian FM: Russia is ready to expel US diplomats

Russia is ready to expel US diplomats and seize diplomatic property in a tit-for-tat action unless Washington returns confiscated Russian property, the Russian Foreign Ministry says.

Sat, 15 Jul 2017 05:01:52 GMT

China's fiscal revenue rises sharply

China's fiscal revenue increased by 8.9% to $251B in June, compared to the same period the previous year, according to data from the Finance Ministry.

Sat, 15 Jul 2017 04:30:58 GMT

Ashley Madison parent to pay $11.2M over data breach

The parent company of the Ashley Madison adultery website agreed to pay $11.2M to settle US litigation brought by clients whose personal data leaked to the Internet in July 2015. 

Sat, 15 Jul 2017 04:29:15 GMT

Mexico FM: NAFTA talks increase economic uncertainty

Talks with Canada and the United States to review the North American Free Trade Agreement (NAFTA) create economic uncertainty, the Mexican Finance Minister Jose Antonio Meade says.

Fri, 14 Jul 2017 20:03:11 GMT

Fed may wind down its balance sheet in September, says Kaplan

Dallas Federal Reserve Bank President Robert Kaplan said that the Fed might allow to reduce its $4.5T balance sheet in September, but told to be patient on interest rate hikes.

Fri, 14 Jul 2017 19:54:35 GMT

Sources: Toyota to invest $310M in UK plant

The Japanese car manufacturer Toyota Motor Corporation plans to invest more than $310M in a UK plant after securing post-Brexit trading arrangements with the British government.

Fri, 14 Jul 2017 19:10:03 GMT

CalPERS reports 11.2% increase in annual return

The California Public Employees' Retirement System reported a 11.2% preliminary return on investment for the fiscal year ended June 30, compared to 0.61% last year.

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