News

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Mon, 15 Jan 2018 10:28:46 GMT

UAE claims Qatari fighters intercepted civilian jet

Qatari fighter jets had intercepted a civilian aircraft of the United Arab Emirates during its civilian flight to Bahrain, the state news outlet WAM stated on Monday.

Mon, 15 Jan 2018 10:16:49 GMT

Moscow not to back US bid to modify Iran's nuclear deal

On Monday, Russia's Foreign Minister Sergei Lavrov stated that Moscow would not support Washington's attempts to change the Iran nuclear accord.

Mon, 15 Jan 2018 09:34:04 GMT

Singapore wants to extradite Canada's suspect

Singapore seeks to extradite Canada's suspect David James Roach, who had allegedly stole around $23K from a bank in July 2016, following his detention in Britain last week.

Mon, 15 Jan 2018 09:28:32 GMT

Lego, China's Tencent join hands over online games

Toymaker Lego and China's Internet giant Tencent tied up with intention to jointly develop various online games and a new social network designed for Chinese children.

Mon, 15 Jan 2018 08:30:38 GMT

New Indonesia's Parliament speaker to be sworn in on Monday

On Monday, Bambang Soesatyo will be sworn in as a new speaker of the Indonesian Parliament to replace the previous official, who was involved in a huge graft scandal.

Mon, 15 Jan 2018 08:21:16 GMT

Russia ready to back direct talks on KP crisis

On Monday, Russia's Foreign Minister Sergei Lavrov stated that Moscow was ready to back direct talks between sides involved in the North Korean missile crisis.

Mon, 15 Jan 2018 07:32:10 GMT

Indonesia's Stock Exchange reopens for afternoon session

On Monday, Indonesia's Stock Exchange building was reopened for the afternoon session, following the first floor collapse that injured dozens of people and caused the building evacuation.

Mon, 15 Jan 2018 07:29:05 GMT

North Korea seeks to discuss Olympics with South

North Korea requested talks over the next month's Winter Olympics in South Korea to be held on January 2017, offering the demilitarised zone on the South's side as a meeting point.

Mon, 15 Jan 2018 06:19:21 GMT

Volkswagen car sales hit 6.23M last year

Volkswagen brand car sales jumped to a record high of 6.23M in 2017 on the back of a strong demand in Americas and China, which managed to offset a drop in Western Europe.

Mon, 15 Jan 2018 06:19:15 GMT

Singapore CB's head hopes crypto technologies can survive crash

Ravi Menon, the Managing Director of the Monetary Authority of Singapore, said he hoped that technologies supporting cryptocurrencies would survive an eventual digital money crash.

Mon, 15 Jan 2018 05:21:43 GMT

Trump denies saying he presumably had strong ties with Kim

The US President Donald Trump has denied remarks in a newspaper in which he was quoted as saying he presumably had a "very good relationship" with Kim Jong Un.

Mon, 15 Jan 2018 05:20:47 GMT

Ford to increase investments in EVs

The chairman of Ford said the company was planning to increase its investments in EVs to $11B and have 40 electrified vehicles by 2022.

Mon, 15 Jan 2018 04:29:51 GMT

VW to spend $3.3B on US model expansion by 2020

Volkswagen is likely to spend more than $3.3B on production and development of its new models in the United States from 2018 to 2020 years.

Mon, 15 Jan 2018 04:29:07 GMT

SiftBank plans $18B mobile phone unit IPO

SoftBank Group is set to list the company's mobile phone business to raise $18B, completing transformation into world's technology investor, the Nikkei said.

Mon, 15 Jan 2018 02:50:43 GMT

Japan's M2 money stock rises less-than-expected

Official data released on Monday showed that Japan's M2 money stock rose 3.5% year-over-year last month, missing analysts' expectations for a gain of 4.0%.

Mon, 15 Jan 2018 02:50:30 GMT

Melbourne Institute: inflation gauge rises 0.1% last month

The Melbourne Institute reported on Monday that its gauge of inflation climbed 0.1% in December, after rising 0.2% in the prior month.

Sun, 14 Jan 2018 21:07:06 GMT

Heads of EU might clash with Trump

The President of France and the Chancellor of Germany are speculated to be preparing for a clash with the President of the US at the economic forum next week due to competing world views.

Sun, 14 Jan 2018 21:06:53 GMT

World Economic Forum will take place next week

The World Economic Forums is scheduled to take place next week at Davos. The event is most likely to take most of the attention of the political and financial world, as even Donald Trump is planning to attend.

Sun, 14 Jan 2018 19:50:18 GMT

Merkel will join Macron at Davos

The Chancellor of Germany Angela Merkel is planning to join the French President Emmanuel Macron in Davos at the World Economic Forum.

Sun, 14 Jan 2018 19:50:06 GMT

Macron welcomes upcoming reform

The President of France Emmanuel Macron is speculated to have approved the still unpublished document, which has recommendations for a Euro Zone reform.

Sun, 14 Jan 2018 19:23:56 GMT

EU economists to reveal new reform

Leading French and German economists are scheduled to publish new recommendations, which are aimed at reforming the euro zone.

Sun, 14 Jan 2018 19:23:24 GMT

Germany set out to continue reforms

As Angela Merkel has made a deal with the German Social Democrats, the leader of Germany has sent her representative to make an alliance with French EU reformists.

Sun, 14 Jan 2018 18:01:03 GMT

Turkey officially denounces US decision

The spokesman of the President of Turkey on Sunday officially denounced the US efforts to train Syrian border security forces. The outrage is due to some of the forces being Kurdish YPG fighters.

Sun, 14 Jan 2018 18:00:40 GMT

Iraqi PM to work with Shi'ite group

The Prime Minister of Iraq is set to receive support in the next election from a powerful Shi'ite group, which has close ties with Iran.

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