News

Tue, 20 Jun 2017 05:08:09 GMT

Philippines resumes an attack on Marawi

A Philippine military spokesman said on Tuesday that infantry supported by aircraft renewed the offensive against Islamist militants in the southern part of Marawi. 

Tue, 20 Jun 2017 04:23:07 GMT

Ryan promises to finish tax reform in 2017

Paul Ryan, the Speaker of House of Representatives, said that both Congress and the White House are actively working to deliver the tax reform by the end of 2017.

Tue, 20 Jun 2017 04:22:06 GMT

OAS fails to find solution on Venezuela

34 foreign ministers of the Organization of American States gathered in Mexico to find a resolution to political and economic crisis in Venezuela. However, members of the organization failed to publish a joint statement. 

Tue, 20 Jun 2017 02:51:56 GMT

Number of wealthy Chinese increase nearly 9 times in past decade

Number Chinese with at least $1.47M of investable assets rose to 1.6M in 2016 as the strong economic growth spurred the creation of wealth, a private survey showed.

Tue, 20 Jun 2017 02:51:44 GMT

Protectionism set to compromise financial sector in China

The financial services industry in China only benefited from being open, while protectionism is likely to compromise further strengthening of the sector, PBOC's Governor said.

Tue, 20 Jun 2017 02:14:11 GMT

China Railway to build $2.5B rail in Russia

China Railway Group signed memorandum of agreement with Russia to build a $2.5B high-speed railway in the country's territory between Chelyabinsk and Yekaterinburg.

Tue, 20 Jun 2017 02:12:29 GMT

Fed's Evans appeals for gradual rate hikes

With slow inflation growth despite an extremely low US unemployment rate, the Fed should trim bond portfolio and raise interest rates only gradually, Fed's Charles Evans said.

Mon, 19 Jun 2017 20:12:08 GMT

Germany criticises US for imposing tariffs on steel imports

On Monday, the German Economy Minister Brigitte Zypries has sent a letter to the US Commerce Secretary, in which she criticised the United States' intention to slap duties on steel imports.

Mon, 19 Jun 2017 20:11:29 GMT

Trump to meet with top tech CEOs

The White House reported that the US President Donald Trump would meet today with some of America's top tech CEOs to look for ways to improve IT services and modernise the government.

Mon, 19 Jun 2017 19:14:05 GMT

Merkel says UK may copy EU's low tax islands after Brexit

On Monday, the German Chancellor Angela Merkel claimed the UK might follow the example of other bloc's islands with low taxes after Brexit.

Mon, 19 Jun 2017 19:13:40 GMT

Pope Francis plans to visit Peru and Chile next year

The Vatican reported on Monday Pope Francis had accepted invitations to visit Peru and Chile between January 15 and January 21, 2018.

Mon, 19 Jun 2017 18:01:41 GMT

Ukraine's Sadovyi begins hunger strike over Lviv trash row

On Monday, the Samopomich Party leader and Lviv Mayor Andriy Sadovyi launched a hunger strike, blaming the government for letting trash pile up in the city.

Mon, 19 Jun 2017 18:01:12 GMT

Qatar Airways chief sees no need for Boeing to "reinvent the wheel"

The CEO of Qatar Airways said he saw no need for Boeing to "reinvent the wheel" by making a brand new mid-market jet, saying the company could instead upgrade its 737-8 aircraft.

Mon, 19 Jun 2017 16:57:09 GMT

Schulz to tax rich citizens more

In an attempt to attract more working-class voters, the leader of the German SPD Party Martin Schulz said he would impose a higher tax for rich citizens.

Mon, 19 Jun 2017 16:56:37 GMT

Saudi Navy confines three Iranian Revolutionary Guards

In a statement released on Monday, the Saudi Information Ministry said the Royal Navy had detained three Iranian Revolutionary Guard Corps members.

Mon, 19 Jun 2017 16:06:49 GMT

GECAS places order for 100 Airbus A320neo jets

At the Paris Airshow on Monday, GECAS, the world's leading commercial jet leasing company, announced an order for 100 Airbus A320neo aircraft set to be delivered between 2020 and 2024.

Mon, 19 Jun 2017 16:06:20 GMT

Bruno Rodriguez: Trump's speech on Cuba is "grotesque spectacle"

On Monday, the Foreign Minister of Cuba Bruno Rodriguez said Donald Trump's comments on Cuba were a "grotesque spectacle" right out of the Cold War.

Mon, 19 Jun 2017 15:16:05 GMT

Merkel: G20 needs to resist attempts to undermine fin market rules

On Monday, the German Chancellor Angela Merkel claimed the G20 had to resists all attempts to undermine financial market rules and do more to control shadow banking.

Mon, 19 Jun 2017 15:14:39 GMT

Qatar Airways wants US to carry out airport audit to remove laptop ban

The CEO of Qatar Airways said the company wanted the US Homeland Security Department to carry out its Doha hub audit in the wake of the ban on certain electronic devices in plane cabins.

Mon, 19 Jun 2017 14:33:49 GMT

Portugal deadliest forest blaze claims lives of 62 people

According to the Portugal police, the deadliest forest fire that left no less than 62 people dead still rages as over 1K of firefighters cannot battle the blaze.

Mon, 19 Jun 2017 14:08:48 GMT

AerCap places order for 30 Boeing 787-9 Dreamliners

On Monday, Boeing and the jet leasing giant AerCap announced a $8.1B order deal for 30 787-9 Dreamliners at the 2017 Paris Air Show, making AerCap the largest customer for the 787 jets.

Mon, 19 Jun 2017 13:31:43 GMT

London Grenfell block blaze death toll rises to 79

The number of casualties of the London high-rise block blaze has surged to 79, the British police reported on Monday.

Mon, 19 Jun 2017 13:13:07 GMT

France votes record number of women into Parliament

According to the French election results, the total number of the new elected lawmakers is 577 with the record tally of 223 women into the Parliament.

Mon, 19 Jun 2017 12:33:18 GMT

Merkel seeks good deal for UK and EU in Brexit talks

Germany's Chancellor Angela Merkel stated that she hoped for a good Brexit deal for both, the European Union and Britain, in the negotiations on UK's withdrawal from the bloc.

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