News

Note: This section contains information in English only.
Wed, 13 Sep 2017 11:17:22 GMT

Juncker calls not to separate Euro zone Parliament, budget

The European Commission head Jean-Claude Juncker stated that the European Union should not separate the Euro zone Parliament or budget, but should have an Economy and Finance Minister.

Wed, 13 Sep 2017 11:17:06 GMT

Slovakia names new Education Minister

The SNS Party candidate Martina Lubyova was appointed as a new Slovak Education Minister on Wednesday, ending a month-long coalition crisis.

Wed, 13 Sep 2017 09:58:18 GMT

China issues more AML guidelines

Chinese authorities on Wednesday issued more guidelines for stopping money laundering, tax evasion and terrorism financing.

Wed, 13 Sep 2017 09:57:32 GMT

Israel endorses Kurdish independence

Prime Minister of Israel Benjamin Netanyahu on Wednesday announced that Israel supports the idea of an independent Kurdish state.

Wed, 13 Sep 2017 09:32:53 GMT

Macron to unveil Euro zone reform proposals soon

France's President Emmanuel Macron is set to present more detailed reform proposals to the Euro zone on September 26, two days after Germany's federal election.

Wed, 13 Sep 2017 09:27:37 GMT

UK unemployment rate falls to 1975 low

According to the ONS, the jobless rate in the United Kingdom dropped to the record-low 4.3% between May and July, while analysts anticipated an unchanged reading of 4.4%.

Wed, 13 Sep 2017 08:34:22 GMT

Euro zone employment improves in Q2

Eurostat reported on Wednesday that employment in the region rose 0.4% in the Q2, topping analysts' expectations for an increase of 0.3% and following the prior month's surge of 0.5%.

Wed, 13 Sep 2017 08:24:38 GMT

Five crew members missing in Singapore's waters

According to the MPA, five members of the Dominican dredger's crew went missing on Wednesday, following a collision with Indonesia's tanker in the Singapore territorial waters.

Wed, 13 Sep 2017 07:32:01 GMT

UN calls for "massive" aid for Rohingya Muslims

The top UN official stated on Wednesday that aid agencies had to step up the operations "massively", following the arrival of 400K Rohingya Muslims in Bangladesh, who were fleeing ethnic violence in Myanmar.

Wed, 13 Sep 2017 07:25:28 GMT

UK EasyJet triggers platform to book long-haul flights

On Wednesday, the British airline EasyJet launched a new platform that would let its customers to book other airlines' flights for a long-haul trips planning.

Wed, 13 Sep 2017 06:34:25 GMT

Myanmar's Suu Kyi to miss UN Assembly amid Rohingya crisis

The national leader of Myanmar Aung San Suu Kyi is not eager to attend the upcoming UN General Assembly amid the outrage the country had faced over ethnic violence towards the 370K Rohingya Muslims.

Wed, 13 Sep 2017 06:19:20 GMT

Japan wholesale prices jump 2.9% in August

According to the Bank of Japan, wholesale prices rose 2.9% in August, compared to the prior month's increase of 2.6%, slightly missing analysts' expectations for a 3.0% pick-up.

Wed, 13 Sep 2017 05:34:55 GMT

Apple sets flagship price tag, tempers iPhone enthusiasm in China

According to analysts, the price tag of $1K for the new iPhone 8 set by Apple Inc. is not likely to make a significant impact on the US sales and may dampen the flagship's enthusiasm compared to the previous model's price of $800.

Wed, 13 Sep 2017 05:21:32 GMT

Singapore declares Halimah Yacob as first woman President

On Wednesday, the ex-speaker of Singapore's Parliament Halimah Yacob was declared elected the country's first woman President as she was the sole nominee to qualify for this contest.

Wed, 13 Sep 2017 04:32:22 GMT

Toxic gas traces confirmed from North Korean nuclear test

On Wednesday, South Korea confirmed traces of radioactive xenon gas from North Korea's sixth nuclear test that had been launched earlier this month.

Wed, 13 Sep 2017 04:22:57 GMT

Toshiba to speed up talks with Bain over chip business sale

According to the Nikkei newspaper, Toshiba has signed a memorandum to accelerate negotiations over its memory chip business sale with Bain, while talks with Western Digital are still running.

Wed, 13 Sep 2017 03:34:05 GMT

WhatsApp co-founder to leave his company

Brian Acton, the co-founder of WhatsApp, which is now owned by Facebook, announced that he would leave the messaging service business to begin a new foundation. 

Wed, 13 Sep 2017 03:33:40 GMT

Trump to visit China during Asia trip in November

The US President Donald Trump is likely to make a stop in China during his first Asia trip in November, an unidentified US official stated.

Tue, 12 Sep 2017 20:10:26 GMT

JPMorgan Chase&Co CEO is against Bitcoin

JPMorgan Chase&Co CEO Dimon stated that Bitcoin, virtual crypto-currency, is a fraud and it would not work because the currency was invented from a "thin air".

Tue, 12 Sep 2017 20:09:30 GMT

Goldman to unveil $5B worth growth plan

Goldman Sachs Group Inc has unveiled a growth plan, which could increase company's annual revenues by $5B and could help them to deal with poor trading quarters.

Tue, 12 Sep 2017 19:55:29 GMT

Wall Street banks warn about poor trading revenue in Q3

Executives from three Wall Street banks warned on Tuesday that trading revenue from stocks and bonds was expected to be poor in Q3 due to reduced market activity and volatility.

Tue, 12 Sep 2017 19:54:47 GMT

Goldman Sachs outlines three-year growth plan

Goldman Sachs Group Inc presented on Tuesday its growth initiative that is expected to add $5B to annual revenue within three years.

Tue, 12 Sep 2017 19:14:25 GMT

Germany to soften stance on arms sales to Turkey

Chancellor Merkel stated that Germany would restrict only some arms sales to Turkey, softening the previous announcement since it could hurt the fight against the Islamic State.

Tue, 12 Sep 2017 19:07:54 GMT

US Treasury doubts corporate tax goal of 15%

The US Treasury Secretary Mnuchin stated that the goal of Trump's Administration to cut the corporate tax to 15% will be unattainable.

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