News

Note: This section contains information in English only.
Sun, 19 Mar 2017 17:04:12 GMT

German SPD supports Schulz in upcoming election

German SPD formally supported the EP President Schulz as the leader and Chancellor Merkel's contender in upcoming tightly challenged national election on September 24.

Sun, 19 Mar 2017 16:16:07 GMT

Turkey blames Germany for supporting group behind Turkish coup attempt

Turkey accused Germany of backing up the network of a US-based Muslim cleric, who was blamed for orchestrating last year's failed coup, comments likely to exacerbate a diplomatic confrontation between the countries.  

Sun, 19 Mar 2017 16:15:47 GMT

US Republicans work on changes to healthcare overhaul bill

The US House of Republicans worked on changes to the healthcare overhaul bill, which would implement a work requirement for the Medicaid programme for the poor, the US House Speaker Paul Ryan said. 

Sun, 19 Mar 2017 15:48:06 GMT

G20 finance leaders agree to review banking rules

The G20 finance leaders agreed to review banking rules, but it would not automatically mean the financial market regulation would be rolled back, the Bundesbank President Jens Weidmann said. 

Sun, 19 Mar 2017 14:41:25 GMT

IMF delays aid to Ukraine

The IMF delayed a decision to provide more aid to Ukraine as a part of a $17.5B bailout programme in order to evaluate the effect of an economic blockade Kiev imposed on separatist-held territory.

Sun, 19 Mar 2017 14:05:01 GMT

Erdogan accuses jailed journalist of being terrorist agent

The Turkish President Tayyip Erdogan accused a journalist of the German Die Welt newspaper of being a terrorist agent, comments likely to spur further unease in Berlin over the issue. 

Sun, 19 Mar 2017 13:58:56 GMT

Macron to beat Le Pen, poll shows

The French centrist Emmanuel Macron would be ahead of the far-right leader Marine Le Pen in the first round of the presidential election and then would beat her in the second-round run-off, an Odoxa poll revealed. 

Sun, 19 Mar 2017 13:09:35 GMT

Scotland's Sturgeon softens her stance on referendum timing

Scotland's First Minister Nicola Sturgeon softened her stance on a timing of a second independence referendum. The Scottish leader said that she could be ready to hold a vote later, but it should not be too long after Brexit.

Sun, 19 Mar 2017 13:02:37 GMT

China's policy to restrict market access is vital for growth

China's policy of limiting market access is crucial for domestic growth, the head of China's Ministry of Industry and Information Technology said. The comment followed the President Xi Jinping's expressed intention to defend globalisation and keep China's trade door wide open.  

Sun, 19 Mar 2017 08:53:59 GMT

South Korea to raise sunken ferry

On Sunday, South Korea reported its readiness to raise the Sewol ferry, which sank three years ago killing over 300 people.

Sun, 19 Mar 2017 08:53:45 GMT

Turkey plans more pro-Erdogan rallies in Germany

The Turkish President's spokesman reported on Sunday that the country's ministers could organise more pro-Erdogan rallies in Germany ahead of a constitutional referendum.

Sun, 19 Mar 2017 08:19:00 GMT

Chinese police officer sentenced to 17 years for corruption

On Sunday, a Chinese court sentenced a top police officer to 17 years in prison over a graft scandal.

Sun, 19 Mar 2017 08:08:37 GMT

Suicide bomb attack kills four and injures eight in Nigeria

On Sunday, four people were killed and eight injured in a suicide bomb attack in the Nigerian town of Maiduguri.

Sun, 19 Mar 2017 07:34:12 GMT

Munich prosecutors raid VW CEO offices

Munich prosecutors visited Volkswagen Chief Executive Matthias Mueller's offices amid diesel emission investigation after searching the Audi's headquarters the previous week.

Sun, 19 Mar 2017 07:33:10 GMT

Unilever prepares $7.4B sale of assets

Unilever prepares a $7.4B sale of part of its food brands, which include Flora margarine and Stork butter brands, after rejecting a surprise $143B takeover proposal from Kraft Heinz the previous month.

Sun, 19 Mar 2017 06:31:56 GMT

Chinese Premier Li to discuss trade with New Zealand, Australia

China's Premier Li Keqiang will visit New Zealand and Australia to discuss trade deals with government and business leaders after the President Trump ended US involvement in the Trans-Pacific Partnership.

Sun, 19 Mar 2017 06:30:54 GMT

US Tillerson ends Asia tour

The US Secretary of State Rex Tillerson ended his tour to Asia after discussing a range of issues with the Chinese President Xi Jinping on Sunday.

Sun, 19 Mar 2017 01:30:05 GMT

North Korea tests new rocket engine

On Sunday, the North Korean official media reported a test of the country's new high-thrust rocket engine was a success, which would give North Korea the capability to launch satellites, as well as new long-range ballistic missiles.

Sun, 19 Mar 2017 01:19:03 GMT

Sturgeon refuses to give up on new referendum

On Saturday, Scotland's First Minister Nicola Sturgeon stated that she would continue to push towards a new Scottish independence referendum, while UK May's ignorance on the matter could 'shatter' the country's constitutional structure.

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.   

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