News

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Sat, 29 Dec 2018 13:28:52 GMT

China diminishes prices of retail fuel

China is set to continue to cut retail prices of diesel and gasoline starting from Saturday, the NDRC stated.

Sat, 29 Dec 2018 13:25:55 GMT

US pending home sales fall 0.7% in November

The US pending home sales dropped 0.7% in November, while the latest government shutdown was expected to harm the property market, the NAR stated.

Sat, 29 Dec 2018 12:06:43 GMT

Chrysler recalls more than 2.5K defective cars in China

Chrysler announced the recall of over 2.5K imported cars due to faults in the cover of the MPR plugs and the brake light switch, according to the Chinese top quality supervisor

Sat, 29 Dec 2018 12:01:46 GMT

Chinese SOE profits grow 15.6% in January-November

Profits of Chinese state-owned enterprises jumped 15.6% year-over-year to top $437B in the first eleven months, the Ministry of Finance stated.

Sat, 29 Dec 2018 11:25:26 GMT

UK to spend more than £100M on ferries to deal with no-deal Brexit

The UK government is set to spend more than £100M chartering additional sea ferries to simplify cross-Channel congestion if Britain fails to secure the trade deal before quitting the EU next year.

Sat, 29 Dec 2018 11:21:13 GMT

Russia to double quota on Turkey's tomato imports

The Agriculture Ministry of Russia was considering doubling the quota over tomato imports from Turkey to 100K tonnes a year, the report by Interfax showed.

Sat, 29 Dec 2018 10:00:54 GMT

France, China to open new flight route

On Friday, Hainan Airlines opened a new direct route between France's capital Paris and China's Shenzhen in the Guangdong Province.

Sat, 29 Dec 2018 09:40:57 GMT

Pompeo to visit Colombia and Brazil

The US Secretary of State Mike Pompeo will have an official trip to Colombia and Brazil to strengthen America's positions in the region, the US State Departament notified on Saturday.

Sat, 29 Dec 2018 09:13:02 GMT

Russia and China to increase military cooperation

On Thursday, the Russian Deputy Defence Minister Andrey Kartapolov met with the Chinese Minister of National Defence Wei Fenghe and agreed to enhance cooperation between two countries.

Sat, 29 Dec 2018 09:08:06 GMT

China calls Germany to jointly defend free trade

The Chinese Foreign Ministry Spokesperson Hua Chunying stated on Saturday that China and Germany should work together to protect multilateralism and free trade.

Sat, 29 Dec 2018 08:18:15 GMT

Russia to form group on integration with Belarus

The Russian Prime Minister Dmitry Medvedev ordered on Friday to form working group with Belarussian colleagues to discuss stumbling blocks and bilateral integration.

Sat, 29 Dec 2018 08:13:23 GMT

Duterte maintains good rating

According to poll conducted by the Social Weather Stations, the President of Philippines Rodrigo Duterte is continuing to maintain support among its citizens, as 74% of them are satisfied with his work.

Sat, 29 Dec 2018 07:22:27 GMT

Hunt says UK Parliament might adopt Brexit deal

The UK Foreign Secretary Jeremy Hunt stated on Friday that the Parliament might adopt Theresa May's deal on Brexit under condition that the EU would confirm temporariness of the backstop.

Sat, 29 Dec 2018 07:19:00 GMT

Trump considers closing southern border

On Friday, the US President Donald Trump stated that he might order to close border with Mexico because of the government shutdown.

Sat, 29 Dec 2018 06:16:06 GMT

Brazil to keep embassy in Tel Aviv

On Friday, the newly elected Brazilian President Jair Bolsonaro arrived to Israel and met with the country's Prime Minister Benjamin Netanyahu and both parties agreed to deepen ties, yet no embassy transfer from Tel Aviv to Jerusalem was announced.

Sat, 29 Dec 2018 06:10:11 GMT

China frees Canadian citizen

On Saturday, Chinese authorities ruled to release Canadian citizen Sarah McIver who supposedly was detained in response to Canada's arrest of the Huwei CFO Meng Wanzhou.

Sat, 29 Dec 2018 05:11:29 GMT

Eddie Lampert tries to save Sears Holdings

On Friday, the Chairman of Sears Holdings Corp Eddie Lampert made a $4.4B acquisition bid in an attempt to save the bankrupt American retailer.

Sat, 29 Dec 2018 05:07:08 GMT

China to limit imports of aluminum and scrap steel

The Environment Ministry of China stated on Saturday that the country would move aluminum and scrap steel to a list of restricted imports.

Fri, 28 Dec 2018 20:58:34 GMT

Wells Fargo agrees to pay $575m in settlement

According to a report by the Iowa Attorney General Office, Well Fargo would pay $575 million in a settlement over claims made by US states.

Fri, 28 Dec 2018 20:58:17 GMT

Trump express anger over shutdown, threatens to close Mexico border

On Friday, the US President Donald Trump threatened to close the US-Mexico southern border over funding of his border wall project and blamed Democrats for the government shutdown.

Fri, 28 Dec 2018 20:10:50 GMT

Albania's PM replaces eight Cabinet Ministers amid student protests

On Friday, the Prime Minister of Albania Edi Rama appointed eight Cabinet Ministers after wave of student protests.

Fri, 28 Dec 2018 20:09:50 GMT

US stocks struggle to extend two consecutive days of rally

On Friday, Wall Street bounced between gains and losses, fighting to extend their two days of surge to end the week high.

Fri, 28 Dec 2018 19:16:16 GMT

Global stocks try to finish strong after turbulent week

On Friday, investors and traders moved toward safe-haven assets, as concerns of faltering global economic growth cut short two consecutive days of rebound in US shares.

Fri, 28 Dec 2018 19:14:30 GMT

European shares rebound on Friday

On Friday, European shares regained some of its lost points, bolstered by a surge in US stocks, as the volatile week drew to a close.

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