News

Note: This section contains information in English only.
Tue, 18 Jul 2017 02:52:33 GMT

US sets no timeline to restore beef imports from Brazil

Brazil needs to show progress on improving its inspections before the US would set any timeline to stop a ban on fresh Brazilian beef imports, the US agriculture secretary stated.

Tue, 18 Jul 2017 02:07:33 GMT

BNP Paribas fined by Fed $246M

The US Federal Reserve announced that it is set to fine BNP Paribas and some of its subsidiaries in the US $246M for its unsaafe practices in Forex markets.

Tue, 18 Jul 2017 02:06:34 GMT

US sees lower trade deficit as top priority in NAFTA talks

The United States made the first step in the renegotiation of NAFTA, emphasizing its top priority was diminishing the US trade deficit with Mexico and Canada.

Mon, 17 Jul 2017 20:07:09 GMT

Egypt to terminate visa-free entry for Qatar nationals

According to Egypt's Foreign Minister, the country would terminate visa-free entry for Qataris, the latest and the major measures against Doha, which three Gulf states are boycotting.

Mon, 17 Jul 2017 20:05:38 GMT

World stocks hit record high on China's growth data

World stocks' gauge hit a record high during the New York session, while MSCI Asia-Pacific shares reached a two-year high and copper prices rose to four-months high amid China's growth data.

Mon, 17 Jul 2017 19:17:59 GMT

US TSA terminates laptop ban on Saudi Arabian Airlines

According to a spokesman, the US TSA stated that the large electronics on-board ban on Saudi Arabian Airlines' passengers for the US-bounded flights had been lifted.

Mon, 17 Jul 2017 19:07:03 GMT

Tesla driver rejects Autopilot's fault in car crash

The Tesla driver who was involved in a car crash in Minnesota stated that the car's Autopilot system did not lead to the incident, since it was deactivated at the time of the crash.

Mon, 17 Jul 2017 18:16:08 GMT

China's economy expands faster-than-expected

Chinese GDP rose 6.9% in the second quarter of 2017, while analysts expected economy to expand by 6.8%, allowing policymakers to tackle major economic challenges.

Mon, 17 Jul 2017 18:05:58 GMT

Shares of Blue Apron drop due to Amazon.com

Shares of Blue Apron Holdings Inc dropped 11% on Monday amid possible Amazon.com Inc's acquisition of Whole Foods Market Inc because of the fast expansion of meal-kit industry.

Mon, 17 Jul 2017 17:01:05 GMT

UAE not responsible for Qatar hacking

The UAE Foreign Minister Anwar Gargash has denied allegations of hacking into Qatari websites, which sparked a month-long diplomatic crackdown in Doha.

Mon, 17 Jul 2017 17:00:46 GMT

Dutch open memorial to victims of 2014 Malaysia Airlines jetliner crash

On Monday, the Netherlands opened a national monument in memory of 2014 Malaysia Airlines plane crash victims, where 298 people including 196 Dutch citizens were killed.

Mon, 17 Jul 2017 16:02:59 GMT

Lithuanian citizen to be extradited to US

On Monday, a Vilnius court ruled that Evaldas Rimasauskas, who has been kept in custody since March over alleged involvement in a $100M e-mail fraud, must be extradited to the US.

Mon, 17 Jul 2017 16:02:22 GMT

New York Manufacturing Index falls to 9.8 in July

The Empire State Manufacturing Index for the month of July dropped 10 points to come in at 9.8 after hitting its strongest level in over two years in the prior month.

Mon, 17 Jul 2017 15:05:52 GMT

Canada's foreign securities purchases reach $29.5B in May

Data released by Statistics Canada revealed international transactions in Canadian securities surged to $29.5B for the month of May from $10.6B in April.

Mon, 17 Jul 2017 15:05:27 GMT

Euro zone inflation comes in at 1.3% in June

According to the data released by Eurostat on Monday, the inflation rate in the 19-country bloc dipped to 1.3% over the month of June from 1.4% registered in the preceding month.

Mon, 17 Jul 2017 14:34:49 GMT

Qatar blames UAE for hack and Gulf crisis

Qatar accused the United Arab Emirates of an alleged hack on the state news outlet and sparking a diplomatic crisis among Doha and its neighbours after the US officials unveiled such an information on Monday.

Mon, 17 Jul 2017 14:25:52 GMT

BlackRock Q2 profit surges 8.6%

The world's giant asset manager BlackRock posted an 8.6% jump to $857M in its Q2 profit on Monday that rose on the back of the company's higher fees.

Mon, 17 Jul 2017 13:31:58 GMT

EU imposes sanctions on 16 Syria's officials over gas attack

The European Union put sanctions on 16 Syrian military officials and scientists on Monday following the suspicion of their involvement in the chemical gas attack in April.

Mon, 17 Jul 2017 13:22:26 GMT

17 soldiers wounded amid bomb blast in Southeast Turkey

On Monday, a bomb blast planted by PKK militants hit Turkish military vehicle, leaving 17 soldiers wounded in the Southeast Turkey.

Mon, 17 Jul 2017 12:34:43 GMT

Chinese Lufax to debut with first overseas platform in Singapore

On Monday, China's online wealth management company Lufax stated it was eager to launch its first international platform in Singapore, trying to upstage neighbouring Hong Kong.

Mon, 17 Jul 2017 12:19:46 GMT

Ex-Visa CEO Scharf becomes BNY Mellon director

The Bank of New York Mellon appointed the former head of Visa Charles Scharf as its CEO on Monday following the replacement of Gerald Hassell, who would be serving as board's chairman until December 31.

Mon, 17 Jul 2017 10:59:29 GMT

Next Digital to sell its five magazines for $64M

Hong Kong's media firm Next Digital announced on Monday about its intention to sell its five magazines, including the flagship one, to a local entrepreneur for the price of $64.08M.

Mon, 17 Jul 2017 10:59:19 GMT

Jordan soldier jailed for life over US trainers murders

On Monday, a Jordanian soldier was sentenced to life in prison with hard labour for killing the US military trainers at the major air base in 2016.

Mon, 17 Jul 2017 10:21:45 GMT

Pakistan's PM trial begins

The Supreme Court of Pakistan on Monday started the hearing, which will set the future of the Prime Minister Nawaz Sharif.

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