News

Note: This section contains information in English only.
Mon, 04 Dec 2017 14:27:17 GMT

China to permit more private capital in arms industry

China is set to permit more private flows in the military enterprises' shares to enhance military-civilian integration, according to guidelines issued by the State Council.

Mon, 04 Dec 2017 12:55:24 GMT

Saudi Arabia hires Nasdaq

Saudi Arabia's Stock Exchange on Monday announced that the group has hired Nasdaq to replace their sixteen year old infrastructure.

Mon, 04 Dec 2017 12:51:36 GMT

Erdogan won't ask for capital flow limits

The president of Turkey on Monday announced that he is not asking for a limit on various capital flows. The comment was made after on Sunday the president called his cabinet to block "traitors" who move capital out of the country.

Mon, 04 Dec 2017 12:07:25 GMT

Odinga's advisor is arrested

One of the most prominent strategists of the Kenyan oppositions has been arrested on Sunday.

Mon, 04 Dec 2017 12:06:39 GMT

EU will approve easyJet and Air Berlin deal

The EU officials are set to approve the sale of parts of failed German company Air Berlin to the British low price airline easyJet.

Mon, 04 Dec 2017 11:03:14 GMT

Switzerland releases anti-extremism plan

On Monday, the Swiss government published a national plan that is aimed at detection and prevention of violent extremism and inter alia presupposes re-integration of already radicalized people.

Mon, 04 Dec 2017 11:03:05 GMT

Maduro wants to launch oil-backed crypto

On Monday, the President of Venezuela Nicolas Maduro announced his plans to launch the new cryptocurrency called "petro" that would be backed by crude oil reserves and would help the country to circumvent American sanctions.

Mon, 04 Dec 2017 10:01:55 GMT

Ireland reports progress on Brexit talks

On Monday, a spokesman for the Prime Minister Leo Varadkar admitted that Ireland made "significant progress" in negotiations with Britain over the post-Brexit Northern Irish border. However, both parties are "not there yet".

Mon, 04 Dec 2017 09:56:30 GMT

UK tries to put Bitcoin under AML law

According to media reports that cite a notice prepared on November 3, Britain wants to subject Bitcoin and other cryptocurrencies to the EU anti-money laundering rules (AML) that require market players to disclose their identities and inform about suspicious activity.

Mon, 04 Dec 2017 08:54:39 GMT

McEntee says progress over UK, Ireland's border has been made, still lacks agreement

The Irish Minister for European Affairs Helen McEntee said that there was sufficient progress over a border dispute between the UK and Ireland; however, agreement was still needed.

Mon, 04 Dec 2017 08:52:45 GMT

Zenith forecasts 4.1% rise in global advertising expenditure in 2018

Expenditure for advertising is likely to increase by 4.1% to $578B by the end of 2018 but still remain behind the global economic growth, the forecaster Zenith reported on Monday.

Mon, 04 Dec 2017 07:53:15 GMT

Pendragon plans to sell its US division

The British car dealer Pendragon planned to sell its US Motor Group division after conducting a strategic review, the company said on Monday.

Mon, 04 Dec 2017 07:52:50 GMT

China's 2018 economic targets will reflect emphasis on quality development

China's State Council Information Office said early on Monday that the country's economic targets for 2018 would reflect its re-focus on quality development.

Mon, 04 Dec 2017 06:57:16 GMT

Villeroy says no bubbles exist in EU, local bubbles are still possible

The Governor of the Bank of France Francois Villeroy de Galhau said that no financial bubbles were apparent in the EU as a whole; however, some local bubbles were still possible.

Mon, 04 Dec 2017 06:55:23 GMT

US Dollar, S&P futures gain on Monday due to tax bill

The US Dollar and S&P futures strengthened their positions on Monday, as the Senate tax bill approved over the weekend increased investor confidence in the US economy.

Mon, 04 Dec 2017 06:01:39 GMT

Uber joins UITP

The San Francisco-based transportation technology company Uber said on Monday it had joined the International Association of Public Transportation (UITP) to improve its service.

Mon, 04 Dec 2017 06:00:59 GMT

Kuroda urges for reforms to use advantage of fintech

On Monday, the Governor of the Bank of Japan Haruhiko Kuroda urged financial companies to implement reforms to their business structures to take the advantage of fintech.

Mon, 04 Dec 2017 05:15:39 GMT

US McConnell sees tax bill agreement between House and Senate

The US Senate Republican frontrunner Mitch McConnell expressed his optimism over the possible tax bill agreement between the Senate and the House of Representatives.

Mon, 04 Dec 2017 05:14:53 GMT

US and South Korea launch largest-ever aerial drills

According to sources with knowledge on the matter, the US and South Korea kicked off their largest-ever air exercise on Monday amid rising tensions over North Korea.

Mon, 04 Dec 2017 04:26:32 GMT

Exxon views Egypt's offshore gas and oil

Exxon Mobil was considering the company's foray into Egypt offshore gas and oil, in a bid to boost reserves and replicate rivals' success.

Mon, 04 Dec 2017 04:25:58 GMT

Facebook opens new headquarters in London, to add 800 jobs

Facebook opened its new head office in London and is set to create 800 jobs in the city next year, confirming the company's commitment to the UK ahead of Brexit.

Mon, 04 Dec 2017 02:55:38 GMT

Australia to probe Google, Facebook in media disruption

Australian competition regulator stated that it is set to investigate whether the US online majors Google and Facebook disrupted the media to the detriment of consumers and publishers.

Mon, 04 Dec 2017 02:55:05 GMT

Rio Tinto diminishes capital expanditure projection for 2017

Rio Tinto said that it anticipates capital spending of less that $4.5B in 2017 down from a prior $5B projection, while focusing on better returns to shareholders.

Sun, 03 Dec 2017 21:02:45 GMT

North Korea says US is ‘begging' for nuclear war

North Korea said that the United States was "begging" for a nuclear war, pointing to the "largest-ever" South Korea-US joint military drill.

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