News

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Sat, 12 Aug 2017 08:10:55 GMT

Xi urges restraint over North Korea tensions in phone talk with US leader

All parties should exercise restraint over North Korea tensions, the Chinese President Xi Jinping said in a phone call with his American counterpart.

Sat, 12 Aug 2017 07:29:01 GMT

Lavrov: risks of military conflict with North Korea are high

The risks of an armed conflict with North Korea over its nuclear program are high, the Russian Foreign Minister Sergei Lavrov says.

Sat, 12 Aug 2017 07:28:03 GMT

Trump: US is "locked and loaded" in confrontation with North Korea

The US military is "locked and loaded" in a possible confrontation with North Korea, the US President Donald Trump says.

Sat, 12 Aug 2017 05:58:27 GMT

Venezuela's Padrino calls Trump's comments about intervention "act of craziness"

The Venezuelan Defence Minister Vladimir Padrino said that the threats of the US President Donald Trump of a military intervention in the country was an "act of craziness".

Sat, 12 Aug 2017 05:58:00 GMT

China's Xi Jinping says peaceful settlement needed for US-North Korea dispute

In a telephone call to the US President Donald Trump, his Chinese counterpart Xi Jinping said that the North Korean nuclear dispute needed a peaceful resolution and control.

Sat, 12 Aug 2017 05:09:27 GMT

Reuters: Saudi Arabia plans to list Aramco in NYSE

Saudi Arabia might choose to list the country's oil giant Aramco on the New York Stock Exchange instead of London to strengthen US-Saudi relations, Reuters reported on Saturday.

Sat, 12 Aug 2017 05:08:34 GMT

Mongolians protest new commercial buildings in Beatles Square in Ulaanbaatar

Mongolians protested plans to construct various commercial properties in the Beatles Square in Ulaanbaatar where a monument dedicated to the group is at risk of destruction.

Sat, 12 Aug 2017 04:10:37 GMT

Peru to expel Venezuelan ambassador to protest Maduro's regime

Peru informed on Friday that the country would expel Venezuela's ambassador to Peru, thus protesting its political regime led by the President Nicolas Maduro.

Sat, 12 Aug 2017 04:04:58 GMT

Tesla raises $1.8B from bonds

Tesla Inc sold $1.8B worth of unsecured bonds with 5.30% yield, thus attracting investors who seek for higher returns, the news agency Reuters reported on Friday.

Fri, 11 Aug 2017 20:02:09 GMT

Kenyatta wins presidential elections

On Friday, the Kenya election commission officially named Uhuru Kenyatta, as a winner of the state's presidential elections.

Fri, 11 Aug 2017 20:01:56 GMT

Dollar drops amid disappointing CPI data

The American Dollar fell against all major currencies on Friday, after the US Consumer Price Index rose modestly 0.1% in July, thus missing expectations for a 0.2% gain.

Fri, 11 Aug 2017 19:00:16 GMT

Two trains collide in Alexandria, Egypt

On Friday, two passenger trains collided in the Egypt's city of Alexandria, leaving at least 37 people dead and 123 injured.

Fri, 11 Aug 2017 18:59:44 GMT

Italy's Monte dei Paschi reports $3.1B loss

Italy's fourth largest bank Monte dei Paschi di Siena reported a $3.1B loss in the second quarter amid additional write-offs of the sub-prime loans.

Fri, 11 Aug 2017 18:03:18 GMT

Trump to send negotiators to Middle East

According to the White House official, the US President Donald Trump will send Jason Greenblatt and Jared Kushner to the Middle East to discuss with regional leaders the Israeli-Palestinian conflict.

Fri, 11 Aug 2017 18:03:06 GMT

One soldier killed by suicide bomber in Somalia

According to the Somali police, one soldier has been killed by an unknown suicide bomber in the centre of Mogadishu.

Fri, 11 Aug 2017 16:53:53 GMT

US-North Korea tensions take $1T from world stocks

Growing tensions between the US and North Korea have caused $1T damage to world stocks, as investors transfer funds to safe-haven currencies, gold and government bonds.

Fri, 11 Aug 2017 16:53:35 GMT

Dutch students introduce prototype of biodegradable car

Students at the Eindhoven University of Technology in the Netherlands have invented a prototype of a biodegradable car made of sugar beets that can travel up to 80km per hour.

Fri, 11 Aug 2017 16:14:14 GMT

Canada has advantage over US in terms of infrastructure funding, says Larsen

Bjarne Graven Larsen, CIO at Ontario Teachers' Pension Plan, said that Canada had an advantage over the US in terms of attracting infrastructure funding.

Fri, 11 Aug 2017 16:06:59 GMT

Kaplan says Fed should wait for rise in inflation to tighten policy

The President of the Federal Reserve Bank of Dallas Robert Kaplan said that the Fed's interest rate was close to "neutral"; however, evidence of rising inflation was still needed.

Fri, 11 Aug 2017 14:56:23 GMT

Brazilian economy to recover gradually

The economy of Brazil is set to recover in a gradual pace during the next months, as key interest rates would keep falling, the country's Central Bank President stated.

Fri, 11 Aug 2017 14:54:34 GMT

US consumer prices increase less than anticipated in July

The Labour Department reported that the US Consumer Price Index rose modestly 0.1% in July, after being unchanged in the previous month and missing expectations for a 0.2% gain.

Fri, 11 Aug 2017 14:17:02 GMT

Merkel views no military solution to North Korea-US conflict

On Friday, the German Chancellor Angela Merkel stated that she considered military approach as a wrong way to solve the conflict between the United States and North Korea.

Fri, 11 Aug 2017 14:00:13 GMT

Blast hits house in Northern England, injuring one

At least one person was injured in a house blast in the Northern England's city of Sunderland, which was not caused by any militant activity, the police confirmed on Friday.

Fri, 11 Aug 2017 13:34:57 GMT

Snap shares drop as user growth misses expectations

Snap's shares plunged over 11% on Friday after its messaging app Snapchat posted a report on its Q2 daily active user's growth with a drop of 2.2M users, missing analysts' expectations.

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