News

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Mon, 12 Jun 2017 02:54:33 GMT

Aldi to invest $3.4B amid US supermarket wars

German grocery network Aldi is set to invest $3.4B to expand the amount of its stores in the US to 2,500 until 2022, aiming to be low-price leader.

Mon, 12 Jun 2017 02:54:08 GMT

Japan's core machinery orders fall more than expected in April

Japan core machinery orders showed a 3.1% fall in April compared with expectations of 0.6% decline, adding to concerns over fragile economic recovery.

Mon, 12 Jun 2017 02:10:44 GMT

Bank of Korea sees policy to stay accommodative for now

South Korea's Central Bank head revealed that monetary policy needs to remain accommodative to support economic growth, but with adjustments in case of strong improvement.

Mon, 12 Jun 2017 02:06:57 GMT

British consumer spending drops for first time in four years

Credit card Visa reported that the UK consumer spending fell for the first time in about four years, as household already became more cautious before election results.

Sun, 11 Jun 2017 20:04:36 GMT

UK's Lidington appointed as new Justice Minister

In a statement released on Sunday, Downing Street reported the British PM Theresa May had appointed David Lidington to the post of the new Justice Minister.

Sun, 11 Jun 2017 20:04:03 GMT

Demand for memory chips to bolster Lam Research shares

An American financial magazine reported memory chip demand could drive shares of Lam Research, a California-based semiconductor equipment supplier, up 20% next year.

Sun, 11 Jun 2017 19:05:39 GMT

Senator Reed to question Jeff Sessions over Comey firing

Jack Reed, a Democratic Senator, stated he sought to question Jeff Sessions, the US Attorney General, over involvement in the firing of the FBI head James Comey.

Sun, 11 Jun 2017 19:05:12 GMT

Congo prison attack puts 11 to death

A local governor said on Sunday 11 people had been killed and over 900 inmates had escaped after unknown attackers stormed a prison near Beni, Congo.

Sun, 11 Jun 2017 18:07:53 GMT

Poll: Peru President's approval rating falls in June

A poll by Ipsos Peru demonstrated on Sunday that the Peruvian President Pedro Pablo Kuczynski's approval rate fell in June, responding to a cancelled airport project near Cusco.

Sun, 11 Jun 2017 18:02:48 GMT

Puerto Rico votes on whether to become official US state

Citizens of Puerto Rico, a poverty-stricken US territory, voted this Sunday on whether to become the 51st state of the United States of America.

Sun, 11 Jun 2017 17:04:24 GMT

FIFA says 2022 World Cup in Qatar not threatened

FIFA's President Gianni Infantino assured on Sunday that the diplomatic crisis in the Gulf region is unlikely to threaten Qatar's role as the host nation of the 2022 World Cup.

Sun, 11 Jun 2017 16:58:43 GMT

UK's May appoints Greg Clark as Business Minister for second term

The British Prime Minister Theresa May reported on Sunday that the current Business Minister Greg Clark is to retain his position in the new parliament.

Sun, 11 Jun 2017 16:06:40 GMT

US carried out military strike against Somalia's al Shabaab on Sunday

The US realised a military strike against Somalia's al Shabaab, thus reacting to the militant group's recent attacks, the US Department of Defence reported on Sunday.

Sun, 11 Jun 2017 15:59:38 GMT

Kuwait says Qatar is willing to address Gulf concerns

Qatar is willing to address concerns expressed by other Gulf states on its involvement in terrorism funding, Kuwait said on Sunday in an attempt to mediate the dispute.

Sun, 11 Jun 2017 15:03:32 GMT

Italy's Galletti says no possibility to win over US on Paris accord

Italy's Environment Minister Gian Luca Galletti said that the US is unlikely to change its stance on the Paris accord, despite other G7 countries' attempts to improve the situation.

Sun, 11 Jun 2017 14:59:16 GMT

Israel's public debt falls by 1.7 percentage points in 2016

Israel's public debt fell for the seventh consecutive year in 2016 as a result of diminished government spending and low interest rates, thus equalling 62.2% of its GDP.

Sun, 11 Jun 2017 14:13:01 GMT

Guardian: Trump's state visit to UK postponed due to protest fears

According to a British newspaper The Guardian, the US President Donald Trump's planned state visit to the United Kingdom has been delayed due to possible protests.

Sun, 11 Jun 2017 14:06:38 GMT

Cutting VAT would have little impact on Germany's trade surplus, says ministry

Germany's Federal Ministry for Economic Affairs and Energy said on Sunday that a decrease of the country's value-added tax would have little impact on reducing its trade surpluses.

Sun, 11 Jun 2017 13:09:31 GMT

Source: VW considers to hire back Opel CEO

According to a source familiar with the matter, the Volkswagen thinks about rehiring Karl-Thomas Neumann, the CEO of GM's Opel, to take a lead in its Audi brand. 

Sun, 11 Jun 2017 13:09:01 GMT

Duterte claims didn't ask US for help

Rodrigo Duterte, the President of the Philippines, said on Sunday that he had never asked the United States to help to free the besieged city. 

Sun, 11 Jun 2017 12:08:22 GMT

Iran sends food supplies to Qatar

According to Iranian authorities, the IranAir made so far four cargo flights to Qatar, delivering water, fruits and vegetables. 

Sun, 11 Jun 2017 12:07:54 GMT

Kosovo holds early parliamentary elections

Kosovo holds third and early parliamentary election since unilaterally declaring independence from Serbia in 2008. 

Sun, 11 Jun 2017 11:12:31 GMT

Iran sends two warships to Oman

On Sunday, two ships of the Iranian navy will depart to Oman and then take a course to the Gulf of Aden to start their mission in the open seas.

Sun, 11 Jun 2017 11:11:32 GMT

Iran arrests 43 in connection with Tehran attacks

The Iranian authorities say that security forces have arrested 43 people in connection with terrorist attacks in Tehran in which 17 people were killed the previous week.

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