News

Thu, 16 Feb 2017 18:47:21 GMT

US housing starts pull back In January

US homebuilding fell in January as the construction of multi-family housing projects dropped, but jump in permits to a one-year high suggested the housing recovery remained on track.

Thu, 16 Feb 2017 18:47:09 GMT

US household debt at highest level since 2008

US household debt surged $460 billion last year, the biggest increase in 10 years, and has nearly returned to the peak level before the global financial crisis in 2008.

Thu, 16 Feb 2017 18:01:04 GMT

Pakistan shrine bombing kills 72

At least 72 people were killed and more than 150 injured in a suicide attack on the shrine of Lal Shahbaz Qalandar in Sehwan on Thursday evening

Thu, 16 Feb 2017 18:00:51 GMT

Trump announces new Labor secretary pick

The President Donald Trump will announce his replacement nominee for Labor secretary during a news conference at the White House on Thursday. 

Thu, 16 Feb 2017 17:52:12 GMT

72 dead amid terrorist attack on Sufi shrine in Pakistan

The Islamic State claimed the terrorist attack on the Pakistani Sufi shrine that caused death of 72 people and dozens of badly wounded as a suicider detonated the bomb among crowd gathered at the shrine.

Thu, 16 Feb 2017 16:55:02 GMT

Car bomb explodes in Baghdad

On Thursday, the capital of Iraq suffered the deadliest attack this year, as a car bomb took the lives of at least 50 people, wounding even more. The Islamic State claimed responsibility for this attack.

Thu, 16 Feb 2017 16:44:05 GMT

NATO receives military training request from Lybia

The Libyan government sent a formal request to NATO on Thursday, asking to provide military training and develop its armed forces.

Thu, 16 Feb 2017 16:20:27 GMT

UN builds new team to assess war crimes in Syria

On Thursday, the UN announced it would establish a new team based in Geneva, that would analyse information and prepare materials concerning war crimes perpetrated in Syria for future prosecutions.

Thu, 16 Feb 2017 16:03:04 GMT

Astana negotiations bear no fruit

On Thursday, Bashar Jaafari, a Syrian government negotiator, stated that no progress was made in Astana peace talks between President Assad's government and rebel participants, blaming the latter for delaying the talks.

Thu, 16 Feb 2017 15:21:36 GMT

Germany calls Russia to pressure separatists in Ukraine

The foreign minister of Germany Sigmar Gabriel urged Russia to influence the eastern Ukraine separatists by forcing them to pull back troops from the fighting line.

Thu, 16 Feb 2017 15:12:23 GMT

Pakistani police kill six Taliban faction suspects

Pakistani anti-terrorism police killed six militants suspected of Taliban group's terrorist activity during the carried out raids over separatist hideouts on Thursday.

Thu, 16 Feb 2017 14:03:56 GMT

Tata Motors & Microsoft to form strategic alliance

Tata Motors will tie-up with Microsoft as the companies are eager to improve their clients' driving experience, making it more personalised by creating an interconnectivity device for the vehicles.

Thu, 16 Feb 2017 14:02:10 GMT

10 people die in air attack in Yemen

Saudi-led coalition military planes bombed a house near Yemen's capital where a funeral feast was held, leaving nine women and a child dead and dozens of people wounded.

Thu, 16 Feb 2017 12:58:03 GMT

Lavror to talk face to face with Tillerson

On Thursday, Russian Foreign Minister Sergei Lavror is to meet his new US counterpart, Secretary of State Rex Tillerson, during talks in the German city of Bonn.

Thu, 16 Feb 2017 12:57:48 GMT

Oil surges on new OPEC news

On Thursday afternoon, oil prices edged higher amid news that OPEC could not only cut production even further, but also expand its output reduction agreement to now involve non-member.

Thu, 16 Feb 2017 12:24:47 GMT

Russia and US to resume dialogue

Both Russian and US intelligence agencies wish to restore contact between one another, Russian President Vladimir Putin stated on Thursday.

Thu, 16 Feb 2017 12:24:03 GMT

Possible Kim Jong Un brother's murderer arrested

On Thursday, Malaysian police arrested a third suspect in the murder case of North Korean leader Kim Jong Un's half-brorther.

Thu, 16 Feb 2017 11:13:05 GMT

Oil prices unchanged in spite of surge in US inventories

On Thursday morning, prices for oil barely changed, even though US Oil Inventories data kept reaching new highs in recent weeks. OPEC supply cuts are helping stabilise the market.

Thu, 16 Feb 2017 11:01:57 GMT

Fillon's luck keeps running dry

On Thursday, Francois Fillon, a persidential candidate in the upcoming elections in France, was delivered a new blow in his campaign, as the French financial prosecutor stated that further investigation into the candidate's recent fake work case will remain open.

Thu, 16 Feb 2017 10:10:30 GMT

Third suspect detained in connection with death of Kim Jong Nam

The Malaysian police announced that the third suspect in relation to death of Kim Jong Nam had been detained as the suspect was the boyfriend of one of the women arrested. 

Thu, 16 Feb 2017 10:10:16 GMT

France's Prosecutor to continue investigation

The French Financial Prosecutor said that the investigation of scandal over money which presidential candidate Francois Fillon's wife had been paid for likely undone work would continue.

Thu, 16 Feb 2017 05:47:31 GMT

China reports 79 deaths from bird flu in January

The death toll reported by the National Health and Family Planning Commission was the highest since November 2013. Most of the H7N9 cases arose around southern and eastern coast.

Thu, 16 Feb 2017 05:47:17 GMT

52 farmers kidnapped by gunmen in North Afghanistan

Most of the seized men are members of the Uzbek community in province of Jowzjan. Provincial police believe the Taliban to be responsible for the kidnapping.

Thu, 16 Feb 2017 05:05:31 GMT

DBS suffers decline in fourth quarter net profit

Singapore's biggest lender reported a 9% annual drop in its net profit as it was forced to increase its bad loans provisions by 87% to $326M.

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