News

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Sat, 19 Aug 2017 18:56:16 GMT

Fitch upgrades Greece's credit rating

Greece's government welcomed the latest upgrade of the country's credit rating to B- from CCC by Fitch. 

Sat, 19 Aug 2017 18:18:48 GMT

AliPay, WeChat fights for dominance in foreign markets

China's tech titans AliPay and WeChat expand into foreign markets, sealing deals with merchants in Southeast Asia and Europe. 

Sat, 19 Aug 2017 18:18:32 GMT

China's company to build Afghan embassy in Pakistan

A leading Chinese company will build the Afghan embassy in Islamabad worth nearly $17M. This will be the country's biggest enclave in the world.  

Sat, 19 Aug 2017 16:58:30 GMT

IS claims responsibility for knife attack in Russian Surgut

The Islamic State terrorist group claimed responsibility for a knife attack in the Russian city Surgut, injuring seven people on Saturday. 

Sat, 19 Aug 2017 16:52:08 GMT

German Envoy welcomes Ukraine's success

Decentralisation in Ukraine following the 2014 revolution was the right step to take, the German Envoy Georg Milbradt said, adding that citizens have more influence on the country's political system.   

Sat, 19 Aug 2017 16:20:51 GMT

Iran's Foreign Minister critises Trump on slackening to condemn racism at home

The Iranian Foreign Minister said that the US President Donald Trump dawdled on condemning racism in the country.

Sat, 19 Aug 2017 16:20:33 GMT

China's natural gas consumption to grow 10% in 2017

China's natural gas consumption is seen to keep double-digit growth in 2017 following signs of declining over the pas two years

Sat, 19 Aug 2017 15:04:25 GMT

Trump to skip arts awards ceremony

The US President Donald Trump and the First Lady Melania Trump will skip an arts awards ceremony recognising the lifetime contribution of performing artists to allow them to celebrate without political distraction.

Sat, 19 Aug 2017 14:53:19 GMT

Britain's second-home ownership increases

The number of Britons owing at least two properties jumped 30% to 5.2M between 2000-02 and 2012-14, whereas overall ownership has declined this century amid prices increase.

Sat, 19 Aug 2017 14:03:20 GMT

Trump thanks Steve Bannon after his exit on Twitter

The US President Donald Trump twitted thanks to Steve Bannon for serving in his campaign on Saturday morning, one day after the resignation of the White House Chief Strategist.

Sat, 19 Aug 2017 14:02:40 GMT

Spain maintains security alert level at 4

Spanish authorities announced on Saturday that they maintained the country's anti-terrorism alert level at four, reinforcing security measures at the same time.

Sat, 19 Aug 2017 13:01:11 GMT

Lebanon starts offensive against ISIL on Syria border

The Lebanese army announced on Saturday the start of a military operation against the Islamic State militants near the Syrian border in the east of the country.

Sat, 19 Aug 2017 13:00:59 GMT

Finnish police arrest four other Moroccan over knife attack

The Finnish police announced they arrested four other Moroccan suspects over the possible link to the man who killed two and wounded eight other in knife attacks on Friday.

Sat, 19 Aug 2017 12:00:38 GMT

Storm kills two people in Austria

A storm that broke through a beer tent in Austria, had killed two people and injured dozens more on Saturday, the Austrian Press Agency reported.

Sat, 19 Aug 2017 12:00:19 GMT

Car blast hits Syrian city

A car bomb hit the Syrian port city on Saturday with the reports of several people being injured.

Sat, 19 Aug 2017 11:05:10 GMT

Knife attacker in Russia wounds eight

A knifeman attacked pedestrians in the Russian city of Surgut, wounding at least eight people before being shot dead by police, security sources reported.

Sat, 19 Aug 2017 11:04:53 GMT

Knife attack in Finland investigated as terror

The Finnish police investigated Friday's knife attacks in which were killed two and wounded eight other as crimes related to terrorism, authorities reported on Saturday.

Sat, 19 Aug 2017 10:05:56 GMT

South Africa's Deputy Minister resigns

The President of South Africa, Jacob Zuma, on Saturday annunced that he had accepted Mduduzi Manana resignation, the Deputy Minister of Higher Education and Training.

Sat, 19 Aug 2017 10:05:35 GMT

Japan holds evacuation drill on rising tensions over Korean missiles

Over 150 residents of Japan took part in an evacuation drill held by country's authorities on Saturday amid rising tensions over possible missile launch by North Korea.

Sat, 19 Aug 2017 09:22:00 GMT

India's Infosys offers to buy back $2B shares

Infosys approved a repurchase of $2B share in order to improve returns for stakeholders of the Indian software exporter a day after the resign of the Chief Executive Officer.

Sat, 19 Aug 2017 09:10:39 GMT

Japan launches third satellite of new GPS constellation

Japan successfully launched the third of its new Quasi-Zenith Satellite System on Saturday in order to improve the accuracy of country's global positioning data.

Sat, 19 Aug 2017 07:55:08 GMT

State banks in India need more capital

State banks in India need more capital to handle bad loans, the Reserve Bank of India Governor Urjit Patel says.

Sat, 19 Aug 2017 07:54:04 GMT

Mercosur condemns Venezuela's new assembly

Full members of the South American trade bloc Mercosur condemn Venezuela's new legislative superbody, according to a recent statement.

Sat, 19 Aug 2017 07:32:02 GMT

China tightens regulation of outbound direct investments

The Chinese government further tightened regulation of outbound direct investments in sectors including entertainment, real estate, casinos and sports.

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