News

Note: This section contains information in English only.
Tue, 26 Dec 2017 11:13:20 GMT

China exports no oil products to North Korea last month

China halted its oil product exports to North Korea in November, following the UN sanctions imposed to reduce petroleum shipments to the Korean Peninsula.

Tue, 26 Dec 2017 10:32:15 GMT

Hyundai Heavy plans to conduct rights issue worth $1.2B

On Tuesday, South Korean Hyundai Heavy announced it would conduct a $1.2B rights issue, expecting to complete it in March 2018.

Tue, 26 Dec 2017 10:11:09 GMT

Pakistan, China likely to extend Economic Corridor to Afghanistan

Pakistan and China are planning to look at including Afghanistan to their $57B China-Pakistan Economic Corridor, the Chinese Foreign Minister Wang Yi stated on Tuesday.

Tue, 26 Dec 2017 09:32:27 GMT

Russia establishes permanent presence at Syria's bases

On Tuesday, Russia's Defence Minister Sergei Shoigu stated that his country began to establish a permanent presence at its Syria military bases in Hmeimim and Tartus.

Tue, 26 Dec 2017 08:34:21 GMT

Japanese Denso seeks investment into JOLED

Japan's car parts maker Denso is considering a $440M investment into the organic light-emitting diode panel maker JOLED, the Kyodo news reported on Tuesday.

Tue, 26 Dec 2017 08:27:07 GMT

LG Display to build OLED plant in China

The South Korean trade ministry approved LG Display's plan to construct a new OLED panel production factory in China, following the company's announcement about the investment five months ago.

Tue, 26 Dec 2017 07:31:17 GMT

Japan seeks to convert helicopter carrier for US stealth fighters

Japan is thinking over refitting its Izumo helicopter carrier for the US Marines F-35B stealth fighters on the back of the North Korean nuclear development and China's maritime expansion.

Tue, 26 Dec 2017 07:26:38 GMT

Japan overcomes deflation by making steady progress

According to the Finance Minister Taro Aso, Japan is making rather small but steady progress to overcome deflation the country's economy had been suffering in the past years.

Tue, 26 Dec 2017 06:01:25 GMT

Price of Bitcoin rises by 10%

The price of the world's biggest cryptocurrency Bitcoin rose by 10% on Tuesday, reaching $15,129, thus recovering from last week's massive selloff.

Tue, 26 Dec 2017 06:01:19 GMT

Kuroda urges to monitor excessive risk-taking

In a speech delivered on Tuesday, the Bank of Japan Governor Haruhiko Kuroda said it was important to examine whether economic growth was leading to undue risk-taking in markets.

Tue, 26 Dec 2017 05:19:00 GMT

Oman delays VAT introduction

According to local media, Oman will postpone the introduction of a 5% value-added tax (VAT) until 2019, while Saudi Arabia and United Arab Emirates are ready to do it from January 1, 2018.

Tue, 26 Dec 2017 05:14:02 GMT

PM Abe urges companies to raise wages

On Tuesday, the Prime Minister of Japan Shinzo Abe urged enterprises to raise wages by at least 3% in order to sustain positive economic cycle and beat deflation.

Mon, 25 Dec 2017 21:01:51 GMT

Russia to get rid of repatriated funds' profit tax

Russia should scrap 13% profit tax on repatriated funds and renew the amnesty from penalties for business returning capital, ahead of Washington sanctions, President Putin said.

Mon, 25 Dec 2017 21:00:58 GMT

Companies' web activities to be monitored during election: Putin

Local authorities should scrutinise the companies' activities on social media during the Presidential Elections to assess their involvement in domestic politics, Vladimir Putin said.

Mon, 25 Dec 2017 20:11:41 GMT

Avalanches kill three people in Swiss Alps

According to Swiss police, three people have died in the separate avalanche accidents in the Swiss Alps, close to the 2,844-metre high Hofathorn, southern canton of Wallis.

Mon, 25 Dec 2017 20:08:12 GMT

Aston Martin to withdraw around 5,500 cars in US

According to the NHTSA, Aston Martin, British sports car manufacturer, will recall at least 5,500 cars in the US amid issues with battery cables and powertrains.

Mon, 25 Dec 2017 15:04:03 GMT

Kyrgyzstan and Kazakhstan to improve ties, end trade war

The leaders of Kyrgyzstan and Kazakhstan have pledged to improve business and trade ties, after relations between former Soviet republics were degenerated into a trade war.

Mon, 25 Dec 2017 15:02:59 GMT

Iran upholds death sentence for Sweden-based academic over spying

The Iranian Supreme Court has confirmed a death sentence against the Iranian academic living in Sweden, who was convinced of spying for Israel, the Tehran prosecutor said.

Mon, 25 Dec 2017 14:07:27 GMT

Bus crashes into pedestrian underpass in Moscow, five dead

A passenger bus has swerved off course and drove into a pedestrian underpass on the Moscow's busiest road, killing five people, while at least 15 people were injured.

Mon, 25 Dec 2017 14:06:28 GMT

Nissan to recall more than 120,000 cars in Russia

According to Russian technological safety regulator Rosstandart, Japan's automaker Nissan will recall 127,738 vehicles in Russia amid possible issues with the airbag safety device.

Mon, 25 Dec 2017 13:11:38 GMT

Only professionals should trade cryptocurrencies: Siluanov

According to Russian Finance Minister Siluanov, only professional market participants should be allowed to trade cryptocurrencies, not ordinary people.

Mon, 25 Dec 2017 13:10:17 GMT

Middle East needs two-state solution: Pope Francais

Pope Francais called for the negotiated two-state solution to end the Palestinian-Israeli conflict, after Donald Trump eased regional tension by recognising Jerusalem as Israeli capital.

Mon, 25 Dec 2017 12:21:33 GMT

China calls for help to deal with North Korean tension

China has urged all countries to make a constructive effort to ease North Korean tension after the country called the UN sanctions "an act of war" that could force economic blockade.

Mon, 25 Dec 2017 12:09:19 GMT

Israel seeks to ban bitcoin-based firms from TASE

Israel Securities Authority's Chairman Hauser said that he will propose regulations to ban bitcoin-based and other cryptocurrencies-based companies from trading on the TASE.

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