News

Mon, 17 Apr 2017 10:51:38 GMT

Lavrov hopes US does not take unilateral actions against North Korea

Sergei Lavrov, the Foreign Minister of Russia, claimed that although the country condemned North Korea's nuclear operations, he wished the US would not take independent actions on the matter.

Mon, 17 Apr 2017 10:02:57 GMT

Daewoo bailout is allowed

The National Pension Service of South Korea has agreed to the restructuration of $1.4 billion worth of bonds, which have been issued by Daewoo Shipbuilding and Marine Engineering. The NPS is the largest debt holder of the company's bonds.

Mon, 17 Apr 2017 10:01:02 GMT

Violence sparks in Indian Kashmir

In the aftermath of a video surfacing, where the Indian army tied a local to the front of a vehicle, local militants have noticeably increased attacks in the Indian part of Kashmir.

Mon, 17 Apr 2017 09:05:10 GMT

Sudden strike on North Korea to be considered

In the wake of North Korea's failed medium-range missile test this weekend, the US President Donald Trump wants to consider ordering military action, including a sudden strike.

Mon, 17 Apr 2017 09:04:58 GMT

Pence says "era of strategic patience" over

Mike Pence warned that the "era of strategic patience is over" with North Korea and urged China to use its "extraordinary levers" to pressure the regime into abandoning its nuclear missile programmes.

Mon, 17 Apr 2017 08:01:07 GMT

Erdogan declares victory in historic referendum

The Turkish President declared victory in the country's referendum, with 51.3% of the vote, while the opponents said the vote was marred by irregularities and they would challenge its result.

Mon, 17 Apr 2017 08:00:55 GMT

Kuroda wants continue with easy policy for price target

The BoJ Governor Haruhiko Kuroda, in his latest speech today, said that there was a need to continue with policy easing till the Central Bank's 2% inflation goal is reached.

Mon, 17 Apr 2017 07:05:42 GMT

Yum China CEO says infrastructure spending boosts businesses

The CEO of Yum China Micky Pant said infrastructure spending was the main driver for the country's businesses, adding Yum China seeks to open 600 stores in 2017.

Mon, 17 Apr 2017 07:05:11 GMT

Singapore's NODX rise 16.5% y/y in March

Data released by the International Enterprise Singapore trade agency revealed non-oil domestic exports were up 16.5% year-on-year in March.

Mon, 17 Apr 2017 06:04:47 GMT

Mexico's ex-governor detained in Guatemala awaits extradition

The former Veracruz state governor Javier Duarte detained in Guatemala on Saturday is now waiting for extradition to Mexico.

Mon, 17 Apr 2017 06:04:04 GMT

Police on high alert in Ohio after man broadcasts murder on Facebook

Police was on high alert in Cleveland after a man posted a video to his Facebook timeline showing him murdering a 74-year-old man.

Mon, 17 Apr 2017 05:01:30 GMT

Randal Quarles to become Trump's pick for top Fed post

A senior US official said Randal Quarles, a former George W. Bush administration's official, was widely expected to be tapped as the Federal Reserve's Vice Chair.

Mon, 17 Apr 2017 05:01:02 GMT

Japan's Suga says country committed to G20 FX policy

On Monday, Yoshihide Suga, the Japanese Chief Cabinet Secretary, said the country was adherent to the G20 FX policy agreement and was not manipulating the Yen.

Mon, 17 Apr 2017 04:16:44 GMT

Chinese retail sales surge 10.9% in March

According to the official data, Chinese retail sales were up 10.9% year-over-year in March, beating analysts' expectations for a 9.7% gain.

Mon, 17 Apr 2017 04:15:53 GMT

China's industrial production up 7.6% in March

Data released by the Chinese National Bureau of Statistics revealed industrial output jumped 7.6% from a year ago in March, marking the highest level since late-2014.

Mon, 17 Apr 2017 02:58:17 GMT

Chinese GDP rise more than expected in Q1

China's gross domestic product increased unexpectedly 6.9% on an annual basis in the first quarter, fueled by cheap credit and government outlays.

Mon, 17 Apr 2017 02:55:30 GMT

US Treasury Secretary and Japan Finance Minister to meet on Thursday

Japan's Finance Minister Taro Aso and US Treasury Secretary Steve Mnuchin planned a meeting on Thursday to discuss the "too strong" Dollar hurting the US economy.

Mon, 17 Apr 2017 02:22:04 GMT

Japan PM urges North Korea to stop provocative conduct

Shinzo Abe, the Prime Minister of Japan, urged North Korea to desist from provocative actions, stop further nuclear missile enhancement and follow UN resolutions.

Mon, 17 Apr 2017 02:18:03 GMT

Adviser to China central bank flags potential reserve ratio cuts

China's central bank adviser said that the PBoC could cut the amount of cash other banks have to hold, seeing that as a norm amid the sharp falls in foreign reserves.

Sun, 16 Apr 2017 20:14:04 GMT

Saudi Arabia to reform billions of Dollars worth of unfinished projects

The Saudi Arabian government has ordered local ministries to review economic development and unfinished infrastructure projects worth billions of Dollars to reform or shelve them.

Sun, 16 Apr 2017 20:04:23 GMT

US to initiate talks with Russia over Syria and actions in Europe

According to White House National Security Adviser, the US had decided to begin talks with Russia regarding its support for the Syrian government and its destructive actions in Europe.

Sun, 16 Apr 2017 19:20:11 GMT

Turkey's main opposition to request recount of 60% of votes

Turkish main opposition would demand to recount at least 60% of all referendum votes due to alleged illegal acts that were carried out in favour of President Erdogan.

Sun, 16 Apr 2017 19:00:34 GMT

Death toll rises to 126 amid bomb attack in Syria

The death toll rose to 126 people, including 60 kids amid bomb attack on the crowded bus convoy in Aleppo, Syria, the deadliest incident in almost a year.

Sun, 16 Apr 2017 18:07:22 GMT

Pakistan opens investigation on student killed for alleged blasphemy

On Sunday, Pakistan's police opened hate speech investigation that involved two Muslim clerics, after a university student for alleged blasphemy was beaten to death.

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