News

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Mon, 26 Jun 2017 02:53:05 GMT

China, Pakistan, Afghanistan agree to keep regional stability, peace

China, Pakistan and Afghanistan are determined to maintain regional stability and peace, enhancing economic cooperation and promoting shared development and security.

Mon, 26 Jun 2017 02:26:38 GMT

US urges Arabic states to resolve dispute

Rex Tillerson, the US Secretary of State, revealed that Qatar and the four Arab states should reach an agreement on countering extremism and stopping terrorism.

Mon, 26 Jun 2017 02:24:45 GMT

Italy eliminates Veneto banks for cost up to 17B euros

Italy started winding up two collapsed regional banks in a deal, which costs up to 17B euros and Intesa Sanpaolo, the biggest retail bank, is likely to hold the lender's good assets.

Sun, 25 Jun 2017 19:52:09 GMT

RBS to downsize staff in UK and relocate many jobs to India

The Royal Bank of Scotland announced on Sunday that the company is to cut 443 jobs in the UK and relocate many of these positions to India due to restructuration.

Sun, 25 Jun 2017 19:51:59 GMT

Earthquake hits area near Tonga

The US Geological Survey said that a 6.3 magnitude earthquake had hit a territory located 200km northwest from Tonga on Sunday; no reports of casualties or damage.

Sun, 25 Jun 2017 18:55:09 GMT

Israel attacks Syrian targets in response to cross-border fire

The Israeli military said that the country had attacked Syrian military posts on Sunday in response to cross-border fire landing in an Israeli-controlled territory.

Sun, 25 Jun 2017 18:52:05 GMT

Mosul commemorates first Eid holiday without Islamic State

Residents of Mosul commemorated the Muslim Eid holiday on Sunday, the first celebration in years without the Islamic State's authority in the city.

Sun, 25 Jun 2017 17:58:29 GMT

Tillerson encourages Arab states to resolve Gulf dispute

The US Secretary of State Rex Tillerson urged Arab states to reach a resolution in the Gulf crisis through productive talks and fight collectively against terrorism.

Sun, 25 Jun 2017 17:56:04 GMT

Italy estimates to pay around €17B to round off Veneto banks

The Italian Economy Minister Pier Carlo Padoan said on Sunday that the country is to pay €5.2B to round off two ailing Veneto banks; however, total costs may amount to €17B.

Sun, 25 Jun 2017 17:03:48 GMT

Chad's President Deby says tight funding may limit its fight against terrorism

The Chadian President Idriss Deby said on Sunday that the country may be forced to renounce fight against terrorism in case no funding is found.

Sun, 25 Jun 2017 16:58:08 GMT

Australia to push for greater access to encrypted communication

Australia is to request greater powers at the ‘Five Eyes' meeting next week to deal more effectively with encrypted messages used by criminals and terrorists.

Sun, 25 Jun 2017 16:00:51 GMT

Italian cabinet holds emergency meeting over Veneto-based lenders

The Italian cabinet held an emergency meeting on Sunday to approve a decree that would start a liquidation process for Banca Popolare di Vicenza and Veneto Banca.

Sun, 25 Jun 2017 15:54:24 GMT

Schulz outlines SPD's focus in German election

Social Democrats leader Martin Schulz explained on Sunday that the party's focus for the German election on Sept. 24 will be social justice, investment and a stronger Europe.

Sun, 25 Jun 2017 15:04:35 GMT

UK's Patel: deal with Northern Ireland's DUP progressing successfully

UK's International Development Secretary Priti Patel explained on Sunday that talks between the Tories and the DUP to form a parliamentary majority are progressing successfully.

Sun, 25 Jun 2017 14:55:55 GMT

US Senate Democrat Schumer says 50-50 chance to pass Republican healthcare bill

The US Senate Democrat Chuck Schumer said in an interview on Sunday that there is a 50-50 chance that Republicans manage to pass the healthcare bill.

Sun, 25 Jun 2017 14:10:49 GMT

East-west division in EU grows

While the French and German leaders enjoyed a close ties between the countries during the EU summit, divisions between western and eastern European leaders increased. 

Sun, 25 Jun 2017 14:04:01 GMT

Merkel rival puts stronger Europe in focus of German election

With Germany's SPD falling behind in the polls, its leader urged the party to take on the Chancellor Angela Merkel in a September election on a programme of investment, a stronger Europe and social justice.

Sun, 25 Jun 2017 13:05:04 GMT

Rot in global monetary system has not been cut out, BIS says

The Bank for International Settlement warned that the rot in the global monetary system has not been eliminated since the Lehman crisis in 2008.

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.

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