News

Note: This section contains information in English only.
Thu, 16 Nov 2017 13:29:42 GMT

Russia, Iran, Turkey to hold summit on Syria next week

According to the Turkish broadcaster NTV, Iran, Russia and Turkey are set to hold a summit on November 22 in Russia's resort of Sochi to discuss Syria's developments.

Thu, 16 Nov 2017 13:05:29 GMT

Wal-Mart Q3 comparable sales top forecasts

On Thursday, Wal-Mart reported its comparable sales surged 2.7% in the Q3, driven by a higher number of shoppers and online purchases, beating analysts' estimates for a 1.7% rise.

Thu, 16 Nov 2017 12:01:44 GMT

T-Mobile to launch 5G network in US by 2020

The US mobile operator giant T-Mobile is planning to launch its 5G network in the United States by 2020, the company's CTO Neville Ray stated on Thursday.

Thu, 16 Nov 2017 12:01:05 GMT

Merkel sees German coalition talks to reach deal

Germany's Chancellor Angela Merkel stated that she believed the difficult coalition talks between the country's parties could come to an agreement to cooperate in a new government.

Thu, 16 Nov 2017 11:01:21 GMT

Subaru recalls vehicles, suffers losses from improper quality control

Subaru Corporation is to recall around 395 000 cars in Japan, as well as be subject to costs of $177M related to inadequate inspection procedures at local plants.

Thu, 16 Nov 2017 10:59:36 GMT

Inflation in Euro zone falls to 1.4% in October

The Consumer Price Index in the Euro zone slowed down to 1.4% month-on-month, as telecommunications and garments put downward pressure on the inflation rate.

Thu, 16 Nov 2017 10:16:38 GMT

Turkey wants EU to pledge rest of €6B under migrant deal

Turkey is expecting the European Union to pledge the total €6B by the end of 2018, as the bloc owes it a half of the price under a migrant accord, the country's Foreign Minister stated.

Thu, 16 Nov 2017 10:01:18 GMT

Thailand seeks joint arms plant with China

Thailand defence technology agency seeks to establish a joint arms centre with China to manufacture and maintain their military equipment on the back of deepening security relationship.

Thu, 16 Nov 2017 09:28:50 GMT

Airbus signs record order deal on Wednesday

On Wednesday, Airbus clinched its largest ever airliner deal to sell 430 aircraft worth about $50B to the US budget airlines' investor Bill Franke.

Thu, 16 Nov 2017 09:21:04 GMT

Lebanese Hariri to visit France within two days

The former Lebanon PM Saad al-Hariri is seen to visit Paris within 48 hours, after he accepted an invitation to come to France.

Thu, 16 Nov 2017 08:28:06 GMT

Singapore ceases trade ties with North Korea

Singapore decided to cut commercial relations with North Korea amid the UN severe sanctions over its nuclear weapon programme.

Thu, 16 Nov 2017 08:24:15 GMT

Britain to transfer over £400M to Iran

Britain is planning to transfer more than £400M to Iran amid its intention to release an imprisoned Iranian-British aid worker, according to The Telegraph newspaper.

Thu, 16 Nov 2017 07:32:34 GMT

France's jobless rate jumps to 9.7% in Q3

According to the INSEE data reported on Wednesday, French unemployment rate surged to 9.7% in the Q3, compared to the prior quarter's 9.5% rate.

Thu, 16 Nov 2017 07:30:16 GMT

Time, Meredith resume talks on acquisition

On Wednesday, Meredith and Time renewed their talks over Time's acquisition, supported by the billionaire Koch brothers, who had invested over $500M, according to the New York Times.

Thu, 16 Nov 2017 06:07:53 GMT

Philippines, China agree to prevent force in South China Sea issue

The Philippines and China agreed to exclude the use of force to resolve the differences on the South China Sea, the joint statement issued by China revealed.

Thu, 16 Nov 2017 06:07:08 GMT

Volkswagen to build, develop China electric vehicles for $11.8B

Volkswagen Group is set to spend nearly $11.8B by 2025 to manufacture and develop so-called NEVs, the new-energy vehicles, in China, the Chief of Group Jochem Heizmann said.

Thu, 16 Nov 2017 05:07:33 GMT

Rosengren: solid US growth calls for rate hike in December

Fed's Eric Rosengren stated that lower unemployment and lingering expansion indicate the US economic growth at sustainable level, so the Federal Reserve should proceed with raising rates.

Thu, 16 Nov 2017 05:06:58 GMT

China sets new regulation for policy banks to restrain risks

Chinese banking regulator introduced new rules for three policy banks within the country to support reining in risks due to wider tightening of controls on the financial sector.

Thu, 16 Nov 2017 04:20:48 GMT

Carlyle to raise $1B for energy fund

The world's biggest private equity firm Carlyle was raising $1B for its new fund to invest in gas and oil outside the US amid solid outlook for prices of oil, banking sources stated.

Thu, 16 Nov 2017 03:56:26 GMT

NAFTA unlikely to weaken US-Mexico security ties

Mexico's threats to hurt US migration and narcotics co-operation if NAFTA dies are unlikely, the US and Mexican officials said, while the next year's election might.

Thu, 16 Nov 2017 03:07:55 GMT

Australian unemployment rate falls to 5.4% in October

The Australian Bureau of Statistics stated that the country's unemployment rate decreased to 5.4% in October, the lowest level since February 2013.

Thu, 16 Nov 2017 03:07:10 GMT

Philippines economy grows 6.9% in third quarter

The Philippines gross domestic product increased at the fastest yearly pace of 6.9% in the Q3, driven by strong industrial production and services.

Wed, 15 Nov 2017 21:18:43 GMT

US embassy defends credibility of Liberia presidential poll

The US embassy in Liberia defended the last month's presidential election credibility in country, amid statements of fraud and irregularities that held back a run-off poll.

Wed, 15 Nov 2017 21:08:53 GMT

Senate calls off proposal to change tax overhaul plan

Startup executives and venture capitalists expressed relief after the US Senate had called off the measures from the tax overhaul plan on Wednesday. 

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