News

Note: This section contains information in English only.
Mon, 26 Jun 2017 09:08:31 GMT

German business confidence hits record high

A survey released by the Ifo Institute for Economic Research on Monday showed that business confidence of German companies surged from 114.6 to 115.1 and, thus, set a new record high. 

Mon, 26 Jun 2017 09:07:39 GMT

China to increase supervision of foreign investment

According to the Xinhua news agency, China plans to increase oversight of foreign investment and create a special system that would protect foreign undertakings.

Mon, 26 Jun 2017 08:10:50 GMT

Surprise taxes frighten off investors in Australia

According to two Australia's major banks, surprise taxes applied to the country's banking sector are scaring away potential overseas investors.

Mon, 26 Jun 2017 08:10:29 GMT

WSJ: Facebook to film TV-quality shows

The Wall Street Journal reported late on Sunday Facebook was in negotiations with Hollywood studios over production of its own original TV-quality shows.

Mon, 26 Jun 2017 07:04:32 GMT

Canada and China pledge not to launch cyber attacks against each other

Canada and China have sealed an agreement pledging not to launch any state-funded cyber attacks on each other's private sectors.

Mon, 26 Jun 2017 07:03:10 GMT

Fed's Williams: economy needs gradual rate hikes

The President of the San Francisco Federal Reserve said the US Central Bank would need to proceed with gradual rate hikes to make sure the economy is growing at a decent pace.

Mon, 26 Jun 2017 06:03:15 GMT

Iranian President voices support for Qatar

IRNA news agency reported the President of Iran Hassan Rouhani had expressed his support for Doha in its argument with Saudi Arabia, the UAE, Egypt and Bahrain.

Mon, 26 Jun 2017 06:02:51 GMT

Recode: Pandora Media chief to resign

According to Recode, Tim Westergren, the founder and CEO of the Oakland-based music discovery platform Pandora Media, is planning to resign from his post.

Mon, 26 Jun 2017 05:02:24 GMT

US envoy to China sees North Korea as top priority

In a video address to the Chinese, the newly-appointed US envoy to China stated stopping the menace posed by North Korea would be the top priority.

Mon, 26 Jun 2017 05:02:05 GMT

Senator Collins seriously concerned about healthcare bill

Susan Collins, the Republican Senator of Maine, expressed her extreme concerns over the planned healthcare overhaul and said the bill would unlikely pass this week.

Mon, 26 Jun 2017 04:14:31 GMT

Tradeweb to be key "Bond Connect" offshore trading platform

The US-based financial services company Tradeweb will provide first offshore bond trading platform for the long-awaited mutual access programme "Bond Connect".

Mon, 26 Jun 2017 04:13:42 GMT

South Korean economy to enjoy slight improvement in 2017

In a report released on Monday, the Central Bank of South Korea said the country's economy was on the course to post a mild improvement in 2017.

Mon, 26 Jun 2017 02:54:04 GMT

US government websites hacked with IS message

Several US government websites in Ohio were hacked to broadcast a pro-Islamic and anti-government message accompanied by music.

Mon, 26 Jun 2017 02:53:05 GMT

China, Pakistan, Afghanistan agree to keep regional stability, peace

China, Pakistan and Afghanistan are determined to maintain regional stability and peace, enhancing economic cooperation and promoting shared development and security.

Mon, 26 Jun 2017 02:26:38 GMT

US urges Arabic states to resolve dispute

Rex Tillerson, the US Secretary of State, revealed that Qatar and the four Arab states should reach an agreement on countering extremism and stopping terrorism.

Mon, 26 Jun 2017 02:24:45 GMT

Italy eliminates Veneto banks for cost up to 17B euros

Italy started winding up two collapsed regional banks in a deal, which costs up to 17B euros and Intesa Sanpaolo, the biggest retail bank, is likely to hold the lender's good assets.

Sun, 25 Jun 2017 19:52:09 GMT

RBS to downsize staff in UK and relocate many jobs to India

The Royal Bank of Scotland announced on Sunday that the company is to cut 443 jobs in the UK and relocate many of these positions to India due to restructuration.

Sun, 25 Jun 2017 19:51:59 GMT

Earthquake hits area near Tonga

The US Geological Survey said that a 6.3 magnitude earthquake had hit a territory located 200km northwest from Tonga on Sunday; no reports of casualties or damage.

Sun, 25 Jun 2017 18:55:09 GMT

Israel attacks Syrian targets in response to cross-border fire

The Israeli military said that the country had attacked Syrian military posts on Sunday in response to cross-border fire landing in an Israeli-controlled territory.

Sun, 25 Jun 2017 18:52:05 GMT

Mosul commemorates first Eid holiday without Islamic State

Residents of Mosul commemorated the Muslim Eid holiday on Sunday, the first celebration in years without the Islamic State's authority in the city.

Sun, 25 Jun 2017 17:58:29 GMT

Tillerson encourages Arab states to resolve Gulf dispute

The US Secretary of State Rex Tillerson urged Arab states to reach a resolution in the Gulf crisis through productive talks and fight collectively against terrorism.

Sun, 25 Jun 2017 17:56:04 GMT

Italy estimates to pay around €17B to round off Veneto banks

The Italian Economy Minister Pier Carlo Padoan said on Sunday that the country is to pay €5.2B to round off two ailing Veneto banks; however, total costs may amount to €17B.

Sun, 25 Jun 2017 17:03:48 GMT

Chad's President Deby says tight funding may limit its fight against terrorism

The Chadian President Idriss Deby said on Sunday that the country may be forced to renounce fight against terrorism in case no funding is found.

Sun, 25 Jun 2017 16:58:08 GMT

Australia to push for greater access to encrypted communication

Australia is to request greater powers at the ‘Five Eyes' meeting next week to deal more effectively with encrypted messages used by criminals and terrorists.

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