News

Sat, 18 Mar 2017 20:54:16 GMT

China's growth prospects improve, PBOC's Zhou says

Zhou Xiaochuan, the Governor of the People's Bank of China, said growth prospects improved in the world's second biggest economy, but its monetary policy remained prudent and neutral.   

Sat, 18 Mar 2017 20:53:52 GMT

Fed's rate hike unlikely to cause capital outflow from Russia

The US Fed's interest rate hike would unlikely prompt problems with capital outflow from Russia as the country had a robust balance of payment and rather good budget, the Finance Minister Anton Siluanov said. 

Sat, 18 Mar 2017 20:12:28 GMT

Lagarde warns wrong policies to undermine world's economic growth

The IMF Managing Director Christine Lagarde said global growth gained traction, but warned wrong policies might undermine the momentum. Lagarde added robust monetary, fiscal and structural economic reform polices were needed to the world's economic direction. 

Sat, 18 Mar 2017 20:02:18 GMT

US Homeland Security Department issues proposals for wall prototypes

The US Department of Homeland Security issued requests for proposals of prototypes for a wall along the Mexican border, adding it should be 9 meters high and the US side should be aesthetically pleasant in colour.  

Sat, 18 Mar 2017 19:07:13 GMT

UK Prime Minister's refusal to discuss Scottish referendum to shatter constitutional structure

The UK Prime Minister's refusal to discuss an independence referendum would shatter the UK constitutional structure, Scotland's First Minister Nicola Sturgeon said, adding that she would stick to her plan to hold a new Scottish referendum.   

Sat, 18 Mar 2017 18:59:52 GMT

G20 financial chiefs adopt list of principles to boost economic resilience

The G20 financial chiefs adopted a list of principles to strengthen economic resilience against future shocks. The list included recommendations for labour market regulation, international trade and the importance of open market.  

Sat, 18 Mar 2017 18:06:03 GMT

Turkey's membership of EU in jeopardy, Germany's Foreign Minister says

Turkey's potential membership of the EU was in jeopardy, as relations between Ankara and Berlin deteriorated significantly, the German Foreign Minister Sigmar Gabriel said, adding that he always had doubts about whether Turkey should join the EU. 

Sat, 18 Mar 2017 17:55:53 GMT

EC President sure that no other country leaves EU

The European Commission President Jean-Claude Juncker expressed his confidence that no other European country would leave the EU after Britain, as Brexit would make them see that it was not worth leaving. 

Sat, 18 Mar 2017 16:57:28 GMT

German BND doubts Gulen's involvement in Turkish coup

Germany's BND foreign intelligence agency doubted that US-based cleric Fethullah Gulen orchestrated a failed coup in Turkey last summer, in which more than 240 people were murdered. The Turkish government wants the US to extradite Gulen.

Sat, 18 Mar 2017 16:57:08 GMT

G20 financial leaders agree open trade is key to economic resilience

The G20 financial chiefs agreed that open trade was key to improving economic resilience, the German Finance Minister Wolfgang Schaeuble said. Some countries like France expressed discontent by the lack of protectionism rejection in the final communique. 

Sat, 18 Mar 2017 15:51:22 GMT

Bangladesh police shoot suspected militant armed with explosives

Bangladesh police shot and killed a suspected militant who tried to enter a security checkpost on a motorcycle armed with explosives on Saturday.

Sat, 18 Mar 2017 15:51:11 GMT

Trump and Merkel show little rapport during firts meeting

The President Donald Trump and German Chancellor Angela Merkel have tried to sidestep their differences but some awkward moments have punctuated their first public appearance.

Sat, 18 Mar 2017 15:00:53 GMT

US and China agree cooperate over North Korean nuke threats

Rex Tillerson, the US Secretary of State, said that the United States and China agreed to cooperate to make North Korea choose a better path to resolve its nuclear and missile problems.

Sat, 18 Mar 2017 14:44:47 GMT

Police places under arrest Paris Orly airport man's relatives

The brother and father of the man who was killed at Orly airport in Paris on Saturday had been placed under police detention, a judicial source reported.

Sat, 18 Mar 2017 13:52:10 GMT

Rebels leave Al Waer district under evacuation deal

Residents and fighters begun leaving a rebel district in the central Syrian city of Homs, about a week after a ceasefire agreement was reached with the government.

Sat, 18 Mar 2017 13:51:54 GMT

EU-Turkey migrant deal in peril

The year-old deal between the EU and Turkey that helped control an unprecedented migration crisis is at risk of collapse amid a diplomatic feud between Ankara and European governments.

Sat, 18 Mar 2017 13:06:50 GMT

Russian parliament to probe into US media's activities in Russia

Russia's State Duma has handed instructions to probe into the activities of the US media organisations that operate in Russia.

Sat, 18 Mar 2017 13:06:41 GMT

Russian elite invests nearly $100 million in Trump buildings

Latest statistics showed at least 63 individuals with Russian passports or addresses have bought at least $98.4 million worth of property in seven Trump-branded luxury towers in southern Florida.

Sat, 18 Mar 2017 12:05:39 GMT

France's CC announces 11 candidates for first round of election

The French Constitutional Council affirmed 11 candidates, including Le Pen and Fillon, who will run in the first round of the France's Presidential Elections in April. 

Sat, 18 Mar 2017 12:04:46 GMT

Cook supports cooperation with China

Apple CEO Cook supported the globalisation, saying that China should go ahead to open country's economy to foreign companies. Apple is planning to open two R&D centers in China.

Sat, 18 Mar 2017 11:03:30 GMT

Anbang Chairman bullish on investing in Europe

At the China Development Forum, the Chairman of China's Anbang Insurance Group stated that despite uncertainty over refugees, he was bullish on investing in Europe amid cheap assets.

Sat, 18 Mar 2017 11:02:39 GMT

Same man is behind several Paris incidents

According to local police, the man who was killed at Paris Orly airport, earlier on Saturday killed security officers in Stains, northern Paris. The man was radicalised Muslim.

Sat, 18 Mar 2017 10:24:30 GMT

Syrian rebels with families leave Homs

Buses with rebels and their families began leaving from the last bastion in the city of Homs, central Syria, under the evacuation agreement with the government. 

Sat, 18 Mar 2017 10:13:08 GMT

Man shot after taking soldier's gun at Paris Orly airport

On Saturday, security forces killed a man who snitched soldier's weapon at Orly airport in Paris. No one else has been injured.

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