News

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Sat, 30 Sep 2017 13:18:02 GMT

Renewable energy investors to benefit from Hurricane Maria

Renewable energy investors saw the outstanding opportunity to use Puerto Rico's federal funds to invest in the demolished grid after the Hurricane Maria has smashed the island.

Sat, 30 Sep 2017 12:05:00 GMT

Military cargo plane crashes in DRC

According to Kinshasa main airport's director, a military cargo plane has crashed in the capital of the Democratic Republic of Congo, killing the crew.

Sat, 30 Sep 2017 12:04:46 GMT

FINMA investigates ICOs, while South Korea bans them

While Switzerland's financial regulator FINMA is investigating a number of initial coin offerings for potential breaches of the Swiss law, South Korea decided to ban the crowdfunding method altogether. 

Sat, 30 Sep 2017 10:59:24 GMT

Iran bans crude oil transportation from Kurdistan region

Iran's Road Trafficking Organisation banned crude oil products transportation to and from the Iraqi Kurdistan.

Sat, 30 Sep 2017 10:59:13 GMT

China to fight against money laundering, terrorist financing in non-financial sectors

China plans to extend its fight against money laundering and terrorist financing activities in non-financial sectors, according to the PBoC. 

Sat, 30 Sep 2017 09:52:40 GMT

Wealthiest Americans would benefit the most from Trump's proposed tax cuts

The richest Americans are expected to benefit the most from the US President Donald Trump's offered tax cuts, whereas many upper middle-income people would face higher taxes.

Sat, 30 Sep 2017 09:52:18 GMT

Final Catalan rally prior to Sunday's independence vote

Tens of thousands of Catalan separatists took part in a final rally ahead of Sunday's referendum on independence from Spain.

Sat, 30 Sep 2017 09:18:24 GMT

Britain's Johnson insists on 2-year Brexit transition period

The UK Foreign Minister Boris Johnson said that a transition period after Britain's exit from the EU in March 2019 should not last more than two years. 

Sat, 30 Sep 2017 09:18:09 GMT

APEC economic to support women

Officials from the 21 member states of Asia-Pacific Economic Cooperation issued a statement saying that joint actions would be implemented to support women's access to capital and markets, skills development and leadership.

Sat, 30 Sep 2017 07:52:21 GMT

US Health and Human Services Secretary resigns

Under pressure from the US President Donald Trump, the US Health and Human Services Secretary Tom Price resigned amid an uproar over use of expensive private charter planes for government business.

Sat, 30 Sep 2017 07:51:57 GMT

Tillerson to hold talks in China as US tightens North Korean economic squeeze

The US Secretary of State Rex Tillerson will hold top-level negotiations in China today as the US plans to tighten an economic squeeze to persuade North Korea to retreat from its nuclear arms and missile programme.

Sat, 30 Sep 2017 07:14:33 GMT

North Korea to take provocative actions soon

Several North Korea's missiles were spotted moved from a rocket facility in Pyongyang, fuelling speculation that the country was preparing to take more provocative actions. 

Sat, 30 Sep 2017 07:14:09 GMT

China's non-manufacturing sector expands in September

China's non-manufacturing sector grew at the fastest pace since June 2014 in September, with the sector's business activity index rising 55.4 from 53.4 in August.

Sat, 30 Sep 2017 05:52:12 GMT

China's Xi: Communist Party must not deviate from Marxism

The Chinese President Xi Jinping said on Saturday that the ruling party members should study capitalism but must not deviate from Marxism.

Sat, 30 Sep 2017 05:50:57 GMT

Trump to travel to Asia in November

Joined by Melania, the US President Donald Trump will be on an 11-day trip to Asia in November, stopping at South Korea, Japan, Vietnam, China and the Philippines.

Sat, 30 Sep 2017 04:52:21 GMT

Trump interviews four candidates for Fed Chair position

The US President Donald Trump said he had interviewed four candidates for the position of the Federal Reserve Chairman and would make a final decision within the upcoming weeks.

Sat, 30 Sep 2017 04:51:34 GMT

Bloomberg: Citigroup and Lehman resolve dispute over $2.1B

According to Bloomberg, Citigroup Inc and Lehman Brother Holdings Inc settled a dispute over $2.1B Lehman had deposited in Citigroup prior to its bankruptcy.

Sat, 30 Sep 2017 04:08:50 GMT

China's PMI rises to record 52.4 in September

China's Purchasing Manufacturing Index rose to 52.4 in September, compared to 51.7 in the previous month, thus recording the fastest monthly manufacturing growth since 2012.

Sat, 30 Sep 2017 04:06:13 GMT

FSOC to loosen control over ailing AIG

The US Financial Stability Oversight Council agreed to reduce control over American International Group, as its financial problems are no longer a threat to the financial stability.

Fri, 29 Sep 2017 20:00:58 GMT

Tanzania closes another newspaper

As a part of the media crackdown in the country, Tanzania banned another newspaper from publishing for at least 90 days starting today.

Fri, 29 Sep 2017 20:00:35 GMT

Spanish court orders Google to delete "On Votar 1-Oct" app

On Friday, the High Court of Catalonia ordered Google to remove the "On Votar 1-Oct" application supposedly used by separatists to spread controversial information.

Fri, 29 Sep 2017 19:02:06 GMT

IS behind suicide attack in Kabul

The IS claimed responsibility for the blast that hit the Qala-e Fatehullah area of the Afghan capital city of Kabul on Friday, killing one person and injuring five others.

Fri, 29 Sep 2017 19:01:41 GMT

Canadian August IPPI misses expectations

Data released by Statistics Canada revealed the country's Industrial Product Price Index for August rose 0.3%, missing economists' expectations for a 0.5% increase.

Fri, 29 Sep 2017 17:56:54 GMT

Chicago PMI rises steeply in September

The MNI Chicago Business Barometer surged to 65.2 over the month of September from 58.9 registered in the preceding month.

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