News

Note: This section contains information in English only.
Mon, 05 Feb 2018 12:03:57 GMT

CDU and SPD reach consensus on Europe

The SPD leader Martin Schulz announced on Monday that his party has finally managed to reach an agreement with Angela Merkel's conservatives to invest more funds in the Euro Zone and end austerity.

Mon, 05 Feb 2018 11:01:23 GMT

UK's Barnier calls to respect EU rules

The EU Chief Brexit Negotiator Michel Barnier said on Monday that both the British government and leadership of the European Union must respect the red lines set by each other during the negotiation process.

Mon, 05 Feb 2018 11:01:10 GMT

Oil prices plunge to $68.22

Crude oil prices dropped by 36 cents on Monday morning, thus approaching to a one-month low, as investors focused on combination of rising American output and overall decline in stocks and commodities.

Mon, 05 Feb 2018 10:14:49 GMT

Thailand prepares for 300K Chinese tourists during New Year

The Tourism Authority of Thailand (TAT) stated on Monday it expects nearly 300K tourists from China during the Lunar New Year, which depicts an 18% surge on a year-over-year basis.

Mon, 05 Feb 2018 10:06:15 GMT

Iran accuses US of psychological warfare

Iranian authorities said on Monday that imprisonment of Iran-born American citizen Ahmad Sheikhzadeh for tax evasion is an example of 'psychological warfare' that the US conducts against Iran.

Mon, 05 Feb 2018 09:15:08 GMT

Panasonic's operating profit climbs 23% in Oct-Dec

Panasonic Corp announced on Monday a 23% jump in its third-quarter operating profit to ¥120.1bn, driven by solid sales of factory equipment and car components.

Mon, 05 Feb 2018 09:07:05 GMT

Mitsubishi announces 20.4bn Yen operating profit in October-December

The Japanese car manufacturer Mitsubishi Motors Corp reported on Monday an operating profit of 20.4bn Yen in the fourth quarter of 2017, compared to 8.4bn Yen year-on-year.

Mon, 05 Feb 2018 08:02:20 GMT

Oil prices decline due to global market sell-off and stronger US Dollar

Oil prices extended their losses on Monday, as a global market sell-off and stronger Greenback put bearish pressure on the commodity.

Mon, 05 Feb 2018 08:01:23 GMT

Tesco expects profit above analysts' forecasts in fiscal year 2018

The largest British retailer Tesco expects its operating profit to be around £1.58M for the fiscal year 2018 - reading which is above the analysts' average forecast of £1.56M.

Mon, 05 Feb 2018 07:14:17 GMT

Suzuki reports 68% increase in operating profit among solid sales in India

The Japanese car manufacturer Suzuki Motor Corp announced on Monday a 68% increase in operating profit year-on-year during its third quarter due to stronger sales in India.

Mon, 05 Feb 2018 07:08:51 GMT

Stocks plunge during Asian session in response to resurgent inflation

Asian stocks plunged at their fastest pace in a year on Monday, as resurgent inflation pushed bonds lower and sparked speculation about the end of global monetary stimulus.

Mon, 05 Feb 2018 06:06:33 GMT

Abe hopes BoJ continues "bold" monetary easing

On Monday, the Prime Minister of Japan Shinzo Abe called on the country's central bank to continue its "bold" monetary easing in order to achieve the 2% inflation goal.

Mon, 05 Feb 2018 06:06:15 GMT

EC official: protectionism to curb aviation growth

The EC Director-General for Mobility and Transport said protectionism and potential infrastructure shortages would compromise the strong growth in commercial aviation.

Mon, 05 Feb 2018 05:23:58 GMT

South Korea bars 36K people from entering for Olympics

South Korean media reported on Monday that the country has barred around 36K foreign nationals from entering for the Winter Olympic Games due to security concerns.

Mon, 05 Feb 2018 05:22:46 GMT

Kuroda: CB must keep easy monetary policy

On Monday, the Governor of the BoJ Haruhiko Kuroda highlighted the need to maintain the current ultra-easy monetary policy on the back of still low inflation.

Mon, 05 Feb 2018 04:25:11 GMT

Nissan to invest $9.5B in China's business

Nissan Motor announced plans to invest $9.5B in China over the course of the next five years together with the company's joint-venture partner, seeking to become the third biggest automaker.

Mon, 05 Feb 2018 04:22:58 GMT

Singtel to spend $413M to increase stake in Bharti Telecom

Singapore Telecommunications stated that the company would spend nearly $413M on shares in India's firm Bharti Telecom to increase its stake just under half.

Mon, 05 Feb 2018 03:26:52 GMT

Chinese services activity rises unexpectedly last month

Markit reported on Monday that its PMI for China's services industry rose to 54.7 in January from 53.9 in the prior month, whereas analysts expected the Index to come in at 53.6.

Mon, 05 Feb 2018 03:25:42 GMT

Australian inflation growth accelerates last month

The Melbourne Institute reported that its Inflation Gauge climbed 0.3% last month, after rising 0.1% in December.

Sun, 04 Feb 2018 21:17:17 GMT

Durbin says DACA deal approaching, but unlikely during this week

The US Democrat Dick Durbin noted on Sunday that immigration issues over DACA were under discussion, but not expected to be resolved before government spending ends this week.

Sun, 04 Feb 2018 20:56:14 GMT

Tillerson: US considers limiting exports of refined products to Venezuela

The US Secretary of State Rex Tillerson said the US could limit its exports of refined products to Venezuela in an attempt to pressure the country to ‘return to the constitution'.

Sun, 04 Feb 2018 20:07:26 GMT

House Intelligence Committee is set to discuss Republican memo on Monday

The US House Intelligence Committee will meet on Monday to discuss the Republican memo that alleges bias at the Justice Department and the FBI against the President Donald Trump.

Sun, 04 Feb 2018 19:58:55 GMT

Erdogan to discuss Jerusalem with Pope Francis

The Turkish President Tayyip Erdogan travelled to Italy on Sunday in order to discuss with Pope Francis the US decision to recognise Jerusalem as the capital of Israel.

Sun, 04 Feb 2018 19:08:26 GMT

Germany's CDU, SPD to continue coalition negotiations on Monday

The Merkel-led CDU and the Social Democrats are to continue their negotiations on Monday in order to resolve the last differences on certain issues, a SPD member said on Sunday.

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