News

Note: This section contains information in English only.
Sun, 16 Sep 2018 14:51:44 GMT

Cathay Pacific cancels 400 flights because of typhoon

Hong-Kong based airlines Cathay Pacific Airways Ltd have cancelled over 400 flights over the next three days because of the Super Typhoon Mangkhut approaching Hong Kong.

Sun, 16 Sep 2018 14:51:18 GMT

Macau freezes casino operations due to typhoon

The government of Macau said that all casino-related operations in the largest gambling hub in the world need to be frozen because of the upcoming Typhoon Mangkhut. 

Sun, 16 Sep 2018 13:56:21 GMT

UK PM May says she will not back off her Brexit plan

On Sunday, the Prime Minister of the UK Theresa May claimed that she will not back off her plans for departure of the UK from the EU despite the criticism from the Conservative party. 

Sun, 16 Sep 2018 13:51:42 GMT

Go-Jek plans to attract $2B in funds

Indonesian ride-hailing start-up Go-Jek, which has been previously backed by Tencent Holdings, Warburg Pincus and Temasek Holdings, is in talks to attract $2B of funds to accelerate overseas expansion.

Sun, 16 Sep 2018 13:26:25 GMT

CIS states to automatically share tax data

The CIS states are planning to automatically share information regarding taxes payed by corporations and individuals in addition to the information about the real estate which they own.

Sun, 16 Sep 2018 13:21:51 GMT

Chinese Qutoutiao debuts on NASDAQ

Chinese company Qutoutiao, an aggregator of the mobile content in China, has started trading on NASDAQ Stock Market, climbing 110% of the original price after the first day of trading.

Sun, 16 Sep 2018 12:39:32 GMT

Thailand to double Bangkok's airports capacity

On Sunday, the Transport Minister of Thailand Arkhom Termpittayapaisith claimed that Thailand is planning to double the capacity of the Bangkok's airports to surpass Singapore as the main air transport hub in the region.

Sun, 16 Sep 2018 12:36:09 GMT

Saudi Arabia to organise auction to sell detained tycoon's assets

Next month, Saudi Arabia is planning to organise an auction to sell the real estate owned by the detained billionaire Maan al-Sanea to repay billions of riyals to the creditors.

Sun, 16 Sep 2018 11:06:54 GMT

Israeli opposition call Ambassador to US to resign

On Sunday, Karin Elharrar, an opposition Israeli parliamentarian, called the country's Prime Minister Benjamin Netanyahu to fire his envoy to the United States for silencing sexual assault accusations against one of his aides.

Sun, 16 Sep 2018 11:00:47 GMT

Syria holds municipal elections

According to the Ministry of Local Administration of Syria, today the country is holding the first municipal elections with 40K candidates competing for 18.5K seats since 2011.

Sun, 16 Sep 2018 10:05:41 GMT

BMW to recall nearly 140K cars in China

The State Administration for Market Regulation announced on Sunday that BMW will recall approximately 140K 3-series vehicles in China from November 9 amid a faulty in the conditioning system.

Sun, 16 Sep 2018 10:01:01 GMT

UK Khan calls for second referendum

The Mayor of London Sadiq Khan called on Sunday for organization of second referendum on the UK membership in the European Union, arguing that negotiations of the current government were dragging the country down.

Sun, 16 Sep 2018 09:12:12 GMT

Germany considers military base in Middle East

The Defence Minister of Germany Ursula von der Leyen stated on Saturday, that creation of a strategic military base in the Middle East "cannot be ruled out".

Sun, 16 Sep 2018 09:05:13 GMT

Australia to examine aged-care sector

The Prime Minister of Australia Scott Morrison stated on Sunday that authorities will launch a public investigation about reports of various abuses in aged-care sector.

Sun, 16 Sep 2018 08:14:57 GMT

Turkey raises rates for credit cards

The Central Bank of Turkey announced on Sunday it was increasing the interest rates that credit card creditors can charge to 2.25% for operations with national currency and 1.80% for foreign currency exchange.

Sun, 16 Sep 2018 08:03:19 GMT

China calls Taiwan to stop destructive actions

According to the Xinhua news agency, China urged Taiwan to recall its spies that were trying to steal intelligence information with the aim of "sabotage".

Sun, 16 Sep 2018 07:01:30 GMT

China's Geely to take control of Danish Saxo Bank

Chinese carmaker Zhejiang Geely Holding Group will increase its stake in Danish Saxo Bank to more than 50% to develop the payment system for company's car-sharing project using Saxo Bank's specialists.

Sun, 16 Sep 2018 06:51:22 GMT

Mitsubishi Aircraft to increase capital by $1.8B

According to Nikkei Asian Review, Mitsubishi Aircraft is planning to increase its capital by $1.8B to eliminate the negative net worth and to fund the future plane project.

Sun, 16 Sep 2018 06:34:26 GMT

China and Algeria to open joint $6B phosphate plant

The Algerian Minister for Industry and Mines Youcef Yousfi claimed that China and Algeria will work together to build a $6B phosphate plant on the north-east of Algeria.

Sun, 16 Sep 2018 06:28:15 GMT

South Korea's President to visit North Korea to discuss nuclear deal

The President of South Korea Moon Jae-in is planning to visit North Korea to participate in the third summit with North Korean leader Kim Jong Un to move forward negotiations on denuclearisation of North Korea.

Sun, 16 Sep 2018 03:54:09 GMT

Turkey to press ahead with plan for Istanbul canal

The Environmental Minister of Turkey Murat Kurum claimed that Turkey would press ahead with a plan regarding a shipping canal in Istanbul despite the freeze of the government on new investment projects.

Sun, 16 Sep 2018 03:53:58 GMT

Newly-appointed finance minister of Sudan rejects post

On Saturday, Sudan's state news agency SUNA reported that a newly-appointed Minister of Finance of Sudan Abdullah Hamduk has declined the appointment.

Sun, 16 Sep 2018 02:57:42 GMT

Credit Suisse CEO aims for annual profit of $5-6B

The Chief Executive of Credit Suisse Tidjane Thiam claimed that the bank is targeting the annual profit of $5-6B in the next two years as the bank has eliminated the main problems from the past.

Sun, 16 Sep 2018 02:51:06 GMT

Mayor of London calls for second Brexit referendum

On Sunday, the British newspaper Observer reported that the Mayor of London Sadiq Khan has called to organise a second referendum on membership of the UK in the EU.

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