News

Note: This section contains information in English only.
Thu, 14 Dec 2017 10:23:45 GMT

Russia's Putin to run for re-election in 2018

Russia's President Vladimir Putin made an official statement that he would run for the new Kremlin term as an independent candidate in the March 2018 election.

Thu, 14 Dec 2017 09:33:38 GMT

Sweden to lift minimum pension age as retirees live longest

Sweden is set to raise the minimum retirement age at which working people can take the state pension over the following years, amid an increase in people's average life spans.

Thu, 14 Dec 2017 09:22:07 GMT

Atos shares drop 2.8% after Gemalto's bid rejection

On Thursday, Atos shares plunged as much as 2.8%, following Gemalto chipmaker's rejection of its takeover bid worth $5B.

Thu, 14 Dec 2017 08:33:19 GMT

China accuses US of interfering in its internal affairs

On Thursday, China angered as the United States were interfering in the country's internal affairs by considering the navy visits to the self-ruled country Taiwan.

Thu, 14 Dec 2017 08:24:35 GMT

Disney to buy Murdoch's Fox for over $75B

Walt Disney agreed to buy Rupert Murdoch's film, TV and international businesses 21st Century Fox for more than $75B or $40 per share.

Thu, 14 Dec 2017 07:11:37 GMT

Japan approves corporate income tax cut

On Thursday, the ruling bloc led by Prime Minister Shinzo Abe approved the corporate income tax cut to 20% from 30%. However, the bill is supposed to be applied only for those companies that increase wages aggressively and boost local capital spending.

Thu, 14 Dec 2017 07:03:05 GMT

South Korea seeks four-year prison sentence for Lotte group chief

According to the Lotte group spokesman, South Korean prosecutors are asking a four-year prison term for their chief Shin Dong-bin. In addition to that, they demand a 25-year jail time for South Korean ex-president's friend Choi Soon-sil.

Thu, 14 Dec 2017 05:52:43 GMT

Rakuten aims to become fourth main wireless carrier in Japan

Japan's Rakuten is set to apply for a 4G license, in a bid to become the fourth largest wireless carrier in Japan, while analysts warned over an uphill battle to get consumers.

Thu, 14 Dec 2017 05:51:18 GMT

China's Central Bank raises rates after US Fed

The People's Bank of China hiked interest rate just after the Fed increased its benchmark, as China sought to avoid capital outflows instability without hurting economic expansion.

Thu, 14 Dec 2017 05:27:13 GMT

Airbus considering A380 production cuts

Airbus CEO said that the company was considering cuts of A380 superjumbo jets production up to seven planes per year, but no final decision was made.

Thu, 14 Dec 2017 05:26:33 GMT

UK May urges EU to speed up Brexit talks

Britain's Prime Minister Theresa May urged leaders of the EU to accept an agreement to enter the second phase of Brexit negotiations on Thursday.

Thu, 14 Dec 2017 03:52:45 GMT

World Bank raises Malaysia's growth forecast to 5.8% for 2017

The World Bank raised 2017 growth projection for the Malaysian economy to 5.8%, the strongest yearly expansion in four years, buoyed by improved job market and soaring domestic demand.

Thu, 14 Dec 2017 03:52:21 GMT

Japan's factory activity grows at fastest pace in four years in December

The Markit/Nikkei Manufacturing PMI for Japan increased to 54.2 in December, indicating the strongest activity growth in nearly four years, supported by a rise in new orders.

Thu, 14 Dec 2017 03:27:13 GMT

Chinese property investment growth slows to 7.5% in January-December

Real estate investment in China increased 7.5% in January-November from the similar period a year ago, slowing from a 7.8% rise in the first ten months of the year, official report stated.

Thu, 14 Dec 2017 03:26:22 GMT

Britain's RICS house price balance flat in November

The UK house prices were unchanged in a three months period to November for the first time since March 2013, as prices' decrease in the area of London dragged the country's average.

Wed, 13 Dec 2017 20:53:19 GMT

Mexican authorities say cryptocurrencies are risky investments

On Wednesday, the Finance Ministry of Mexico and the state's Central Bank said cryptocurrencies were dodgy investments and warned that ICOs could be a crime.

Wed, 13 Dec 2017 20:52:03 GMT

Delta to order 100 Airbus A321neo planes

According to sources with knowledge on the matter, Delta Air Lines may place an order for 100 Airbus A321neo planes, as the company seeks to narrow the order gap with Boeing.

Wed, 13 Dec 2017 20:14:42 GMT

Temer: economy to suffer if pension reform fails

The President of Brazil Michel Temer said on Wednesday that the state's economy might suffer in case the social security reform bill is not passed by the Congress.

Wed, 13 Dec 2017 20:13:40 GMT

Fed hikes interest rates

The Federal Reserve increased the federal funds rate by 0.25% to a target range of 1.25%-1.50%, though still left the 2018 policy outlook unaltered.

Wed, 13 Dec 2017 18:53:16 GMT

Saudi King Salman wants to tackle corruption

On Wednesday, Saudi Arabia's King Salman bin Abdulaziz said that the kingdom's government relentlessly wanted to tackle corruption.

Wed, 13 Dec 2017 18:52:54 GMT

T-Mobile to set up new TV service next year

The third-largest wireless carrier in the US T-Mobile unveiled its plans to launch a brand new television service next year as well as to acquire Layer3 TV.

Wed, 13 Dec 2017 18:17:09 GMT

Omarosa Manigault Newma resigns from White House

Trump's spokesperson Sarah Sanders revealed that Omarosa Manigault Newman, a close aide to the US President Donald Trump, had left the White House.

Wed, 13 Dec 2017 18:16:18 GMT

House and Senate strike deal on tax reform legislation

On Wednesday, the US Senate Finance Committee Chairman Orrin Hatch revealed the House of Representatives and the Senate had struck a deal on tax legislation.

Wed, 13 Dec 2017 17:14:08 GMT

EA19 employment up by 0.4% in Q3

Eurostat reported on Wednesday that EA19 employment rose by 0.4% in the Q3 of 2017, while the EU28 employment advanced by 0.3% over the same period.

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