News

Note: This section contains information in English only.
Mon, 05 Mar 2018 09:35:02 GMT

Amazon plans to launch grocery market in France

Amazon is planning to launch the French grocery delivery service amid the US e-commerce giant's ambitions to expand in the food retail sector.

Mon, 05 Mar 2018 09:32:11 GMT

EU seeks to tax tech giants' revenue at 2%-6% rate

The European Union is set to reveal this month its plans to tax tech giants' revenue at rate in the 2%-6% range, according to France's Finance Minister Bruno La Maire.

Mon, 05 Mar 2018 08:34:31 GMT

Saudi Arabia, Egypt sign $10B deal to develop mega-city

On Sunday, Egypt and Saudi Arabia signed a $10B joint fund over a planned development of the mega-city during the countries' president meeting in Cairo.

Mon, 05 Mar 2018 08:31:31 GMT

Syrian rebels promise to allow civilians leave Ghouta

According to the Russian military, Syria's rebels promised to allow civilians leave their enclave in the eastern Ghouta in exchange for the humanitarian aid.

Mon, 05 Mar 2018 07:34:13 GMT

South Korea aims to bring US, North to nuclear talks

On Monday, the South Korean delegation headed to North Korea as it seeks to bring together its neighbour and the United States for talks in its efforts to rein the missile and nuclear programme.

Mon, 05 Mar 2018 07:30:51 GMT

GM South Korea's 15% workers apply for redundancy package

About 2,500 workers or 15% stuff at the General Motors unit in South Korea applied for a voluntary redundancy package offered by the US carmaker as part of its drastic restructuring.

Mon, 05 Mar 2018 05:56:00 GMT

Turnbull's popularity drops over recent sex scandal

A closely-watched poll revealed on Monday that Australia's PM Malcolm Turnbull's popularity had dropped significantly over his handling of a recent sex scandal between his ex-deputy and a staffer.

Mon, 05 Mar 2018 05:55:45 GMT

US accuses Russia of civilian deaths in Syria

The White House has directly accused Russia of killing civilians in Syria, saying Russian military jets carried out daily bombing missions over Damascus and eastern Ghouta.

Mon, 05 Mar 2018 05:21:10 GMT

China not to tolerate separatist activities for Taiwan

On Monday, China said it would not tolerate separatist activities for Taiwan, adding it is ready to ensure China's territorial integrity aiming at "reunification" with the self-ruled island.

Mon, 05 Mar 2018 05:20:17 GMT

US embassy in Ankara to be closed on Monday

A statement released on Sunday revealed that the US embassy in Ankara, Turkey, will be shut on Monday on the back of security concerns.

Mon, 05 Mar 2018 04:26:35 GMT

China increases defence spending due to military modernisation

China revealed its biggest increase in defence spending in three years, setting an 8.1% growth target in comparison to 2017, due to military modernisation.

Mon, 05 Mar 2018 04:26:05 GMT

Australia new car sales enjoy strong run last month

Australia's new vehicle sales extended strong run in the month of February, with solid demand in the commercial sector contributing to business investment.

Mon, 05 Mar 2018 02:55:41 GMT

Australian inflation gauge turns negative in February

The Melbourne Institute reported on Monday that its Inflation Gauge Index fell -0.1% last month, after increasing 0.3% in January.

Mon, 05 Mar 2018 02:54:11 GMT

China services sector growth falls more than expected last month

Markit reported that its Caixin PMI for the Chinese services sector dropped to 54.2 in February from the prior month's 54.7, while analysts anticipated a decrease to 54.3.

Sun, 04 Mar 2018 20:53:38 GMT

Barron's: homebuilder shares become attractive due to booming housing market

According to Barron's, shares of homebuilders, including Lennar Corp, NVR Inc and Meritage Homes Corp, look attractive due to the strong recovery of the US housing market.

Sun, 04 Mar 2018 20:53:30 GMT

Magnitude 6.0 earthquake hits Papua New Guinea

A magnitude 6.0 earthquake hit Papua New Guinea late on Sunday, as reported by the US Geological Survey.

Sun, 04 Mar 2018 20:01:22 GMT

FTR: semi-truck orders rise by 76% in February

Semi-truck orders in the US, Canada and Mexico jumped by 76% in February, as companies attempt to increase their carrying capacity, data by FTR showed on Sunday.

Sun, 04 Mar 2018 19:54:35 GMT

Study: China's funds leave eight countries financially vulnerable

According to a study by the Centre for Global Development, China's investments in the Belt and Road Initiative have left eight countries financially dependent on its funds.

Sun, 04 Mar 2018 18:58:19 GMT

SWF seeks higher environmental standards for its companies

The Norwegian sovereign wealth fund has requested its 9 100 companies to submit data on climate effects to the London-based CDP in a bid to improve their environmental standards.

Sun, 04 Mar 2018 18:57:03 GMT

India's CBI makes more arrests in PNB fraud

India's Central Bureau of Investigations has arrested four more people in relation to Punjab National Bank's $2B fraud case.

Sun, 04 Mar 2018 18:15:42 GMT

Four dead after building collapses in Poland

Four people died and 20 more were hurt in a building collapse in the Polish city of Poznan on Sunday, presumably caused by a gas explosion.

Sun, 04 Mar 2018 18:06:36 GMT

Slovak President seeks ways to regain public trust after murder of journalist

The Slovak President Andrej Kiska said he would urge parties to form a new government or hold early elections to re-gain public trust in the wake of a journalist's murder.

Sun, 04 Mar 2018 16:52:07 GMT

UK's May expresses ‘deep concern' over aluminium, steel tariffs

In a phone call with the US President Donald Trump on Sunday, the British Prime Minister Theresa May expressed ‘deep concern' about the US setting tariffs on steel and aluminium.

Sun, 04 Mar 2018 16:41:38 GMT

Siemens sets lower price for Healthineers' IPO

Siemens has set the price for the initial public offering of its diagnostics and medical imaging unit Healthineers at a lower-than-expected value of €31B.

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