News

Mon, 29 May 2017 02:00:49 GMT

Fed aims to keep market calm, when raises interest rates

The Federal Reserve wants to be confident that markets stay calm, while the bank keeps rising interest-rates in a gradual way, Fed of San Francisco President John Williams revealed.

Sun, 28 May 2017 20:07:43 GMT

Saudi Arabia to impose tax on sugary drinks and tobacco

Saudi Arabia is set to impose a tax on sugary drinks and tobacco coming into effect from 10 June in order to diminish budgetary deficit induced by low oil prices.

Sun, 28 May 2017 20:01:39 GMT

Sturgeon: independence vote will have to be granted if SNP wins in Scotland

According to the Scottish First Minister Nicola Sturgeon, Theresa May will have to grant an independence vote if the Scottish National Party obtains most seats in the region.

Sun, 28 May 2017 19:07:02 GMT

Saudi Arabia's foreign assets fall by $8.5B in April

According to Reuters, foreign assets of the Saudi Arabian central bank fell by $8.5B in April due to massive borrowing overseas that were supposedly caused by low oil prices.

Sun, 28 May 2017 19:02:18 GMT

Egypt denies access to major financial newspaper amid media blackout

A major financial newspaper Al-Borsa reported on Sunday that the Egyptian government had blocked access to its website, describing the move as an attempt to control media coverage.

Sun, 28 May 2017 18:26:00 GMT

North Korea tests newly-developed anti-aircraft weapon system

The North Korean leader Kim Jong Un guided a test of a system of anti-aircraft weapons, ordering its production and distribution all over the country, as reported on Sunday.

Sun, 28 May 2017 18:18:46 GMT

Merkel claims Europe should act on its own initiative

Following G7 and NATO meetings, German Chancellor Angela Merkel said that Europe can no longer rely completely on other associates and, thus, should act on its own initiative.

Sun, 28 May 2017 16:51:24 GMT

US may ban laptops on all incoming and outgoing flights

In an interview on Sunday, the US Secretary of Homeland Security John Kelly said the government might prohibit laptops on all incoming and outgoing flights.

Sun, 28 May 2017 16:50:53 GMT

Trump says many White House leaks are "fake news"

Following allegations that Jared Kushner attempted to establish secret communications channel with Moscow, the US President said many White House leaks were "fake news".

Sun, 28 May 2017 16:12:33 GMT

BMW production hit by supply problems

A German magazine reported on Sunday BMW was forced to pause its production in Leipzig on the back of supply problems.

Sun, 28 May 2017 16:12:08 GMT

Israeli PM appoints new Communications Minister

On Sunday, the Prime Minister of Israel Benjamin Netanyahu appointed Ayoob Kara, a member of the Likud Party, to the post of the Communications Minister.

Sun, 28 May 2017 15:10:17 GMT

Germany to decide on Incirlik troop withdrawal within two weeks

On Sunday, a German Foreign Ministry official stated the country would decide on troop withdrawal from Incirlik air force base within two weeks.

Sun, 28 May 2017 15:08:48 GMT

ICM poll: Conservatives lead over Labour in UK

An ICM poll published on Sunday revealed the UK PM Theresa May's Conservatives had a 14-point lead over the Labour Party ahead of the next month's election.

Sun, 28 May 2017 14:08:27 GMT

G7 leaders divided on global climate change issue

At the Group of Seven summit, nations' leaders appeared divided on the global climate change issue, with the US President being pitted against other countries' officials.

Sun, 28 May 2017 14:07:51 GMT

UK's Fallon denies May's team divisions ahead of election

On Sunday, Michael Fallon, the UK Defence Secretary, denied The Sunday Times' reports of divisions in PM May's team before the June 8 vote.

Sun, 28 May 2017 13:03:12 GMT

Cambodia's Sokha certain to win majority in local and general election

Kem Sokha, the leader of Cambodia's opposition, said on Sunday he was sure his party was set to win a majority votes in both local and general election.

Sun, 28 May 2017 13:02:34 GMT

UK seeks ways to put pressure on Internet firms over extremist content

On Sunday, the UK Security Minister Ben Wallace said Britain sought ways to put additional pressure on technology firms to do more to tackle extremist content.

Sun, 28 May 2017 12:16:12 GMT

Terrorist network behind Manchester attack remained potentially large

The UK Interior Minister Amber Rudd reported on Sunday that the network behind the Manchester Arena suicide bomb attack remained potentially large.

Sun, 28 May 2017 12:15:32 GMT

Israel says Palestinian prisoners ended 40-day hunger strike

The Israel Prison Service reported on Sunday that Palestinian prisoners ended a 40-day hunger strike launched over jail conditions.

Sun, 28 May 2017 10:57:01 GMT

US Tillerson declines to host annual Ramadan event

The US Secretary of State Rex Tillerson has declined to host an event commemorating the Muslim holy month of Ramadan, according to two US officials.

Sun, 28 May 2017 10:56:18 GMT

Vietnam intends to open three economic

The Vietnamese Finance Minister said that Vietnam would open three special economic zones to offer investors fewer restrictions and greater incentives.

Sun, 28 May 2017 09:51:07 GMT

Britain and tech companies work on decryption of ISIS messages

The UK Interior Minister Amber Rudd reported on Sunday that Britain and tech companies made significant progress in decrypting messages of the Islamic State.

Sun, 28 May 2017 09:50:45 GMT

Heathrow Airport expects further delays of British Airways flights

Heathrow Airport said it expected further delays of BA flights, adding that passengers whose flights were cancelled should not travel to the airport unless they were rebooked on another flight.

Sun, 28 May 2017 09:03:31 GMT

UK Conservatives 14 points ahead of Labour Party

The latest ICM poll revealed that the British PM Theresa May's Conservative Party maintained a 14-point lead over the Labour Party.

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