News

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Tue, 02 Jan 2018 17:00:15 GMT

Israel confirms law hindering changes to status of Jerusalem

The Israel's parliament has approved second and third readings of a bill that would make it necessary to obtain the approval of 120 assembly members to change the status of Jerusalem.

Tue, 02 Jan 2018 17:00:08 GMT

UK considers extremism tax on social media giants

The UK government has started the new year with another warning shot across social media giants on considering a tax on tech firms to cover the rising costs of policing related to online radicalization.

Tue, 02 Jan 2018 16:29:14 GMT

Hyundai Motor and Kia Motors declares slow sales recovery in 2018

South Korea's Kia Motors and Hyundai Motor on Tuesday announced a 4% sales growth in 2018, indicating a slow rebound from a slowdown linked to diplomatic tensions with China.

Tue, 02 Jan 2018 16:19:06 GMT

South Korea proposes talks with North on Olympics

South Korea on Tuesday proposed to hold high-level talks with North Korea next week, a day after Kim Jong-un suggested to discuss his country's participation in the Winter Olympics.

Tue, 02 Jan 2018 14:51:09 GMT

Markets start 2018 higher

The new year in finance has started with a higher opening for stock indices. However, the previous few session tendency to decline after a higher opening seemed to be persistent.

Tue, 02 Jan 2018 14:50:51 GMT

President of Moldova shuns court decision

Igor Dodon, the President of Moldova, has criticized the decision of the constitutional court to temporarily suspend his powers. The suspension comes, as the president quarrels with the pro-Western government.

Tue, 02 Jan 2018 14:02:59 GMT

Turmoil in India's finance capital

Thousands of lower caste, Dalit, people have begun to protest in Mumbai causing various disruptions in the city.

Tue, 02 Jan 2018 14:02:04 GMT

Oil prices are influenced by Iran

Oil prices have posted their highest opening since 2014. The reason for the surge was the unrest occurring in Iran.

Tue, 02 Jan 2018 12:52:53 GMT

Tencent denies accusations

The operator of the largest messenger app of China has announced that the company does not store chat histories of its users.

Tue, 02 Jan 2018 12:52:45 GMT

Bulgarian anti-corruption law is stopped

The President of Bulgaria Rumen Radev has vetoed the anti-graft legislation. He has stated that the law wouldn't allow efficient investigation.

Tue, 02 Jan 2018 11:59:22 GMT

Iran's leader blames enemies for unrest

The Supreme Leader of Iran on Tuesday accused "enemies" of the country for creating unrest in the country, as more than 450 people had been arrested by the middle of the day.

Tue, 02 Jan 2018 11:58:21 GMT

British Petroleum 2017 tax is known

British Petroleum is set to take a one $1.5 billion tax charge for the period of the last quarter of 2017. The company will use a new US corporate income tax ruling.

Tue, 02 Jan 2018 11:12:58 GMT

Australia's IPOs expected to show solid growth in 2018

Initial public offerings in Australia are expected to pick up speed in 2018, thus rising around A$10B ($7.84B).

Tue, 02 Jan 2018 10:59:49 GMT

Renault reports 3.4% sales increase in France

Sales of Renault Group in France rose by 3.4% during the previous year, boosted primarily by solid interest in its Dacia brand.

Tue, 02 Jan 2018 09:54:25 GMT

German PMI reaches record high in December

Solid foreign demand allowed the German Purchasing Managers' Index to reach a record high of 63.3 in December, compared to 62.5 month-on-month.

Tue, 02 Jan 2018 09:52:53 GMT

Euro zone's PMI hits 60.6 in December

The Purchasing Managers' Index for the Euro zone climbed to an all-time high of 60.6 in December, showing that raising demand could provide a solid start for 2018.

Tue, 02 Jan 2018 09:12:27 GMT

European stocks start year slow

European stocks lost momentum early on Tuesday, as stronger banks and oil companies could not offset the massive dip of mining stocks and metals.

Tue, 02 Jan 2018 09:04:02 GMT

Indonesia's budget deficit in 2017 below target

The Indonesian Finance Minister Sri Mulyani said on Tuesday that the country's budget deficit in 2017 was 2.6% of the gross domestic product, compared to the target of 2.9%.

Tue, 02 Jan 2018 08:24:18 GMT

BP anticipates US earnings rising from tax reform

Britain's energy company BP anticipated a beneficial impact on forthcoming post-tax earnings form the United States, following the changes in the US corporate taxes.

Tue, 02 Jan 2018 08:21:49 GMT

UK wants financial services added in EU trade agreement

Britain would like financial services to be included in a trade agreement between the country and the EU, which includes full coverage of economic areas.

Tue, 02 Jan 2018 07:14:49 GMT

Irish factory growth hit record high in December

Irish manufacturing activity rose at the strongest yearly growth pace, as 2017 neared completion, supporting steady downtrend in unemployment rate.

Tue, 02 Jan 2018 07:14:09 GMT

Kia, Hyundai global sales at 7.25M in 2017, below target

Kia Motors and Hyundai Motor reported that they sold 7.25M cars over the course of 2017, far below their estimate of 8.25M vehicles for the period.

Tue, 02 Jan 2018 06:18:12 GMT

Indonesia's foreign tourist arrivals dip 0.81% in November

Indonesia's foreign tourist arrivals stood at 848K in last year's November, falling 0.81% on the year, due to the Bali's Mount Agung volcano high alert status and its eruption later in the month.

Tue, 02 Jan 2018 06:17:47 GMT

India factories shows fastest growth pace in five years in December

India's manufacturing activity revealed the strongest growth in five years over the month of December, fuelled by a rise in new orders and output.

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