News

Note: This section contains information in English only.
Wed, 12 Apr 2017 09:58:35 GMT

Putin admits worsening ties with US

On Wednesday, during an interview broadcast, the President of Russia Vladimir Putin admitted that the trust levels between Moscow and Washington have significantly decreased since Donald Trump was elected President of the US.

Wed, 12 Apr 2017 09:32:20 GMT

Schaeuble claims to slightly lower taxes after election

On Wednesday, the Finance Minister of Germany Wolfgang Schaeuble stated in an interview that he would propose to slightly lower tax cuts for the low- and middle-income recipients after the election would be held in September.

Wed, 12 Apr 2017 09:15:10 GMT

Germany investigates Dortmund bus attack

According to the Sueddeutsche Zeitung newspaper, Germany launched an investigation over the Dortmund bus attack to find out whether there were any links to the Islamist militants.

Wed, 12 Apr 2017 08:26:35 GMT

Brexit referendum web page may be hacked

On Wednesday, the British lawmaker committee stated that foreign hackers could hack the Brexit referendum website that crashed right before the last vote deadline in June 2016.

Wed, 12 Apr 2017 07:34:50 GMT

United Airlines shares drop 4.4% amid Asian doctor scandal

United Airlines shares plunged 4.4% after the incident with an Asian doctor who was physically dragged off the plane that triggered rush of indignation across the world and led to the company's loss of about $250M.

Wed, 12 Apr 2017 07:22:25 GMT

Carmakers expect to achieve US deal over vehicle emissions

On Tuesday, the Automobile Manufacturers Alliance stated it expected to achieve the deal with Trump's Administration and California over 2025 vehicle fuel efficiency regulations, calling for rational and stable policy.

Wed, 12 Apr 2017 06:33:49 GMT

White House concerned Russia covers up Syrian government

On Tuesday, the Donald Trump Administration accused Russia of an attempt to cover up the Syrian authorities over the toxic gas attack.

Wed, 12 Apr 2017 06:17:28 GMT

Akzo Nobel receives meeting request over Chairman dismissal

The Elliott Advisors group of shareholders sent a request to the Dutch paint manufacturer Akzo Nobel to hold a special meeting over the Chairman Antony Burgmans dismissal.

Wed, 12 Apr 2017 05:13:59 GMT

Xi Jinping contacts Trump regarding North Korea

On Wednesday the President of Chinese People's Republic made a telephone call to US President Donald Trump in an effort to stress that a peaceful resolution is needed for the tensions building up in Korea.

Wed, 12 Apr 2017 05:13:18 GMT

Japan and US plan joint navy drills

The US Navy's strike group is planning to conduct joint drills with the Japanese navy in an effort to show force to the North Korean regime, as tensions in the region rise.

Wed, 12 Apr 2017 04:12:18 GMT

North Korea threatens with nuclear strikes

State media of North Korea announced a warning to Donald Trump that, if the country spots any signs of aggression from the US, it will retaliate with nuclear strikes. Meanwhile, the US Navy strike group continues on its path to the western Pacific.

Wed, 12 Apr 2017 04:11:40 GMT

Trump asks for spending cut plans

Although Donald Trump throughout his campaign and afterwards promoted the increase of fiscal spending on infrastructure, the President of the US has asked various government agencies to offer spending cut plans.

Wed, 12 Apr 2017 03:06:26 GMT

China's producer price inflation gains slow on steel oversupply fears

China's producer inflation growth slowed for the first time since mid-2016 as coal and iron ore prices tumbled, pressured by steel glut fears.

Wed, 12 Apr 2017 03:03:00 GMT

BOJ Governor says yen decline may spur achievement of inflation target

Haruhiko Kuroda, the Governor of the Bank of Japan, said further yen depreciation may help to achieve central bank's 2% inflation goal more quickly.

Wed, 12 Apr 2017 02:21:48 GMT

Obscurity over Toshiba earnings results is problematic

Japan Finance Minister Taro Aso revealed that an obscurity on why Toshiba Corp's earnings audit was not signed is problematic for financial markets and shareholders.

Wed, 12 Apr 2017 02:17:37 GMT

South Korea presidential contender promises extra budget if wins

South Korea's presidential frontrunner for the upcoming May 9 election Moon Jae-in pledged a supplementary budget to be prepared if he is chosen.

Tue, 11 Apr 2017 21:30:06 GMT

Remitly expands to UK

Remitly, a US-based digital payment transfer service that is also backed by Amazon, expanded its activities to the UK, now providing Britons with the capability of transferring funds abroad.

Tue, 11 Apr 2017 21:19:05 GMT

Gold, Yen and US bonds rise on geopolitical turmoil

On Tuesday, due to the rising tensions between Russia and the US, as well as the recent 'pleasantry exchange' between the US and North Korea, demand for safe-haven assets edged higher, with investors attempting to minimize risk by buying gold, the Japanese Yen and US Treasury bonds.

Tue, 11 Apr 2017 20:15:53 GMT

France revises up 2017 public deficit target

France revised its 2017 public deficit target to 2.8% of GDP from 2.7% stated in its draft budget proposal to be submitted to the European Commission on Wednesday, sources close to the matter reported.

Tue, 11 Apr 2017 20:13:51 GMT

Trump hints at Dodd-Frank revamp

The US President Donald Trump said on Tuesday that the White House was working on revamping the 2010 Dodd-Frank Wall Street reform law.

Tue, 11 Apr 2017 18:56:26 GMT

Bank of Italy says local banks need more time to get rid of bad loans

The Bank of Italy Governor Ignazio Visco said on Tuesday that Italian bank should be allowed to sell their bad loans in a "reasonable" amount of time.

Tue, 11 Apr 2017 18:53:14 GMT

Altice USA files for $2B IPO

On Tuesday, Altice USA, formed from the acquisition of Cablevision Systems and Suddenlink Communications, filed for an IPO that could raise up to $2B.

Tue, 11 Apr 2017 18:01:27 GMT

UCH shares plunge amid passenger-dragging scandal

Shares of United Continental Holdings dropped around 4.4% on Tuesday after the passenger-dragging scandal emerged.

Tue, 11 Apr 2017 18:00:01 GMT

North Korea threatens US with nuclear attack

North Korea's media reported on Tuesday that the government would launch a nuclear attack against the US at any signs of aggression.

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