News

Note: This section contains information in English only.
Sun, 25 Jun 2017 13:03:58 GMT

Euro zone lenders continue to dampen global banking rebound

Even though a stronger economy helps global banks to recover a decade after the financial crisis started, the Euro zone lenders remain a dampener on the sector's rebound, the BIS said.

Sun, 25 Jun 2017 12:03:22 GMT

Merkel's conservatives widen their lead over SPD

The German Chancellor Angela Merkel's conservatives increased their lead over the Social Democrats to 15 points in a weekly opinion poll. 

Sun, 25 Jun 2017 11:58:40 GMT

France's Macron to convene Parliament in Versailles palace

The French President Emmanuel Macron considers convening the Parliament in the palace of Versailles to address senators and deputies. 

Sun, 25 Jun 2017 11:08:26 GMT

BoE to order banks to rein in lending

The BoE is set to order banks to control lending to prevent Britain's credit market from dangerously overheating amid a boom in household debt.

Sun, 25 Jun 2017 11:08:10 GMT

North Sea debt battle to be prolonged amid dimmed oil price forecast

As hope for oil price rebound begins to wane, the North Sea's drillers may face a much longer struggle to overcome a billion-pound debt burden.

Sun, 25 Jun 2017 10:06:26 GMT

Brexit Secretary confident in free trade deal with EU

The Brexit Secretary David Davis expressed confidence that he would manage to get a free trade deal with the EU.

Sun, 25 Jun 2017 10:00:15 GMT

Trump asks why Obama did not react to Russia's meddling

In a series of tweets the US President Donald Trump asked why then-President Barack Obama did not take steps to stop Russia's intervention in the presidential election.

Sun, 25 Jun 2017 09:25:22 GMT

Erdogan says Saudi-led ultimatum on Qatar "against international law"

The Turkish President Recep Tayyip Erdogan has welcomed Qatar's stand on a list of demands from Saudi Arabia and its allies, saying that the ultimatum was "against international law".

Sun, 25 Jun 2017 09:25:03 GMT

Three police and family of six die in latest Mexico violence

Three federal police officers were mowed down in Mexico, where gunman also killed a family of six, in the latest spasm of violence linked to criminal gangs.

Sun, 25 Jun 2017 08:13:21 GMT

Two arrests as police use pepper spray during clash of protests in Melbourne

A knife and knuckle duster have been found among demonstrators after left and right wing groups clashed in Melbourne during a rally.

Sun, 25 Jun 2017 08:13:02 GMT

Syria's Assad performs Eid prayers in Hama al-Nouri mosque

Syria's President performed the special morning prayers of the Muslim Eid al-Fitr feast in the central city of Hama on Sunday, his first declared visit to that city during the six-year war.

Sun, 25 Jun 2017 07:27:25 GMT

15 bodies found after landslide buries scores in China

Crews searching through the rubble left by a landslide that buried a mountain village under tons of soil and rocks in southwestern China found 15 bodies, but about 120 more remained missing.

Sun, 25 Jun 2017 07:27:08 GMT

Number of high-rise buildings to fail fire safety tests rises to 34

The number of blocks found to have failed safety tests rose to 34, following an urgent nationwide inspection of cladding used on the outsides of buildings.

Sun, 25 Jun 2017 06:15:05 GMT

Arabs threaten Qatar

Senior officials of the United Arab Emirates have announced that in case the 13 point ultimatum to Qatar is not complied with, the Arab world would part ways with the country.

Sun, 25 Jun 2017 06:03:42 GMT

Audi internal struggle gets leaked

German carmaker's Audi management board and the chief executive officer Rupert Stadler have been criticized by the managers of the company. The information has been acquired and published by Bild.

Sun, 25 Jun 2017 04:58:43 GMT

Italians vote in municipal elections

Italian voters are set to choose the municipal mayors of the country's towns. The elections might bolster the center right parties before the next year's national elections.

Sun, 25 Jun 2017 04:58:11 GMT

Albanian parliamentary elections begin

Albanians have begun to vote in the parliamentary elections. The socialists are set to rival democrats. Both sides aim to achieve a majority to push reforms for a future EU membership.

Sun, 25 Jun 2017 04:11:00 GMT

Portugal investigates Venezuelan fund

Authorities in Portugal are investigating possible appropriation of funds in PDVSA, which is the state oil company of Venezuela. The reputation of the company has already been hit hard in the last years due to the reveal of a billion US Dollar corruption scheme.

Sun, 25 Jun 2017 04:10:30 GMT

Xi Jinping is set to visit Hong Kong

The President of Chinese People's Republic is set to visit Hong Kong in a visit from June 29 until July 1. Jinping will visit the 20th anniversary of the handover of the previous British colony.

Sun, 25 Jun 2017 03:00:50 GMT

Macron rises in approval polls

The President of France Emmanuel Macron and Edouard Philippe, the French Prime Minister, are both rising in popularity polls, as 64% of the population approve of the politicians.

Sun, 25 Jun 2017 02:59:51 GMT

Shinzo Abe pushes for reform

Prime Minister of Japan Shinzo Abe has declared his intentions to accelerate the efforts of amending the Japanese pacifist constitution. A revision will be submitted by the end of the year.

Sun, 25 Jun 2017 02:18:26 GMT

Mongolians prepare to vote in Presidential elections

The June 26 Presidential Election in Mongolia is set to be a vote between the Chinese investment friendly candidates against the resource nationalist rival. The vote will be the choice in economic policy, and it will set the role of China in the country.

Sun, 25 Jun 2017 02:17:20 GMT

OAS chief would resign if Venezuela holds free elections

The President of the Organization of American States Luis Almagro on Saturday stated that he would resign if Venezuela would hold free elections and pushes for democratic reforms.

Sat, 24 Jun 2017 19:53:10 GMT

Depressed oil prices likely to delay Fed's rate hikes

Depressed oil prices are fuelling concerns that the recent raft of weak inflation data may be more than transitory, which could derail the Fed's schedule for future interest rate hikes. 

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