News

Note: This section contains information in English only.
Mon, 25 Dec 2017 11:23:05 GMT

Guatemala to relocate embassy to Jerusalem

Israeli officials have praised Guatemalan President Morales for choosing to relocate the embassy of the Central American country from Tel Aviv to Jerusalem.

Mon, 25 Dec 2017 10:08:38 GMT

Bank profits suffer losses from monetary policy: BOJ

Long run easy monetary policy affects Japan's bank profits, however, financial institutions should not expect business conditions to brighten after raising interest rates, the BOJ said.

Mon, 25 Dec 2017 10:07:41 GMT

China needs to allow bankruptcies: PBoC

According to the PBoC, China should let the local governments take responsibilities for any fiscal issues, including bankruptcies, to defuse the debt risks.

Mon, 25 Dec 2017 09:19:02 GMT

Vietnam moves people from low-lying areas as typhoon approaches

Vietnamese authorities prepared to move millions of people from low-lying areas along the south coast, as a typhoon is approaching after killing at least 230 people in the Philippines.

Mon, 25 Dec 2017 09:17:13 GMT

Emirates to cancel flights to Tunisia

According to Emirates Airlines, the company will terminate flights to Tunisia, after the Tunisian government had banned United Emirates carrier's flights.

Mon, 25 Dec 2017 08:12:23 GMT

China transport infrastructure expenditure in 2018 to be similar to 2017

China is set to invest the same amount on transportation infrastructure in 2018 as it did this year, including projects of 5,000 km new expressways, local media said.

Mon, 25 Dec 2017 08:11:46 GMT

Lavrov: timing of Trump-Putin meeting not discussed

Sergei Lavrov, Russia's Foreign Minister, said that the timing of Russian President Vladimir Putin's meeting with the US President Donald Trump was not determined yet.

Mon, 25 Dec 2017 07:05:15 GMT

France loans $125M to Morocco to fund locomotives' purchase

France signed a $125M loan agreement with Morocco to finance the locomotives' purchase of ONFC, the kingdom's state-run railway operator, local media said on Saturday.

Mon, 25 Dec 2017 07:03:35 GMT

UAE telecom major launches 5G service

Etisalat, the most valuable telecommunications company in the UAE, announced on Sunday the successful launch of 5G service in the country, the first in the Mideast.

Mon, 25 Dec 2017 06:07:32 GMT

Turkey to employ 110K public servants next year

Binali Yildirim, the Prime Minister of Turkey stated that the country would hire an additional 110K public servants next year, including teachers, religious and medical personnel.

Mon, 25 Dec 2017 06:00:12 GMT

China anticipates industrial output to grow 6% in 2018

Chinese industrial production is set to expand nearly 6% over the course of 2018, following a 6.5% gain expected this year, the Industry Ministry stated.

Mon, 25 Dec 2017 05:17:07 GMT

Japan PM Abe satisfied with BoE Kuroda's work

Shinzo Abe, the Japan's PM, likely feels that the country's economy was in good shape, owing to the efforts by the BoJ Governor Haruhiko Kuroda, a government spokesman said.

Mon, 25 Dec 2017 05:13:55 GMT

Israel Central Bank examines issuing digital currency to quicken payments

The Bank of Israel was mulling the digital currency issuing to create faster payments and diminish the amount of cash, though no decision was made, the Bank's source said.

Mon, 25 Dec 2017 04:18:15 GMT

Swiss President aims to clarify country's position in EU

Doris Leuthard, the Swiss President, stated on Sunday that it would be helpful to conduct a referendum in Switzerland to determine the country's relations with the EU.

Mon, 25 Dec 2017 04:16:29 GMT

Guatemala's embassy to be moved to Jerusalem, in wake of US

Jimmy Morales, the President of Guatemala, was given instruction to relocate the country's embassy to Jerusalem, as the government backed the US over the city's status.

Mon, 25 Dec 2017 03:35:54 GMT

China to set M2 expansion goal at record low in 2018

China is expected to set the country's money growth target for next year at a historical low of 9% to contain asset bubbles and diminish debt risks.

Mon, 25 Dec 2017 03:35:24 GMT

Russia's FM sees economy growing 1.8%-2% this year

Anton Sulivanov, Russia's Finance Minister, stated that the Russian economy is anticipated to expand between 1.8% and 2% over the course of 2017.

Sat, 23 Dec 2017 21:01:56 GMT

Peru's Chlimper doubts that Kuczynski victory will last

Jose Chlimper, the Secretary General of the Peruvian right-wing Popular Force, said on Saturday that political scandal related to the country's President Pablo Kuczynski will likely to last despite a sudden victory achieved in Congress.

Sat, 23 Dec 2017 21:01:47 GMT

Kazakhstan to challenge decision of British court

The Kazakh Justice Ministry announced on Saturday it may challenge a decision made by the UK court in an attempt to get access to $22.6B in National Fund assets frozen by Bank of New York Mellon.

Sat, 23 Dec 2017 20:04:59 GMT

Italy's ruling party's rating drops as election nears

According to the survey published by the Ixe agency on Saturday, the country's ruling Democratic Party (PD) received only 22.8% of support due to internal clashes and banking scandal, while the opposition 5-Star movement got 29%.

Sat, 23 Dec 2017 20:04:53 GMT

Macedonia's opposition party names new leader

On Saturday, members of the main opposition party of Macedonia VMRO-DPMNE formally appointed Hristijan Mickoski instead of Nikola Gruevski as their new leader.

Sat, 23 Dec 2017 19:02:30 GMT

Amgen expects its US tax bill at $6B when repatriating cash

Amgen anticipated to incur from $6B to $6.5B tax expenses over time as the company repatriates cash it accumulated over the world due to the new tax law in the US.

Sat, 23 Dec 2017 18:57:58 GMT

Oil producers to talk over exit plans from output cuts

Oil producers are likely to go over exit strategy for oil production cuts deal once the market moves approached to be balanced, Russia's Energy Minister stated.

Sat, 23 Dec 2017 18:23:14 GMT

China to focus on curbing speculation, aiding first-time buyers in 2018

China is set to roll out housing market regulations in 2018 aimed at aiding first-time property buyers, curbing speculation in the same time, a government official stated.

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