News

Note: This section contains information in English only.
Mon, 15 Jan 2018 06:19:15 GMT

Singapore CB's head hopes crypto technologies can survive crash

Ravi Menon, the Managing Director of the Monetary Authority of Singapore, said he hoped that technologies supporting cryptocurrencies would survive an eventual digital money crash.

Mon, 15 Jan 2018 05:21:43 GMT

Trump denies saying he presumably had strong ties with Kim

The US President Donald Trump has denied remarks in a newspaper in which he was quoted as saying he presumably had a "very good relationship" with Kim Jong Un.

Mon, 15 Jan 2018 05:20:47 GMT

Ford to increase investments in EVs

The chairman of Ford said the company was planning to increase its investments in EVs to $11B and have 40 electrified vehicles by 2022.

Mon, 15 Jan 2018 04:29:51 GMT

VW to spend $3.3B on US model expansion by 2020

Volkswagen is likely to spend more than $3.3B on production and development of its new models in the United States from 2018 to 2020 years.

Mon, 15 Jan 2018 04:29:07 GMT

SiftBank plans $18B mobile phone unit IPO

SoftBank Group is set to list the company's mobile phone business to raise $18B, completing transformation into world's technology investor, the Nikkei said.

Mon, 15 Jan 2018 02:50:43 GMT

Japan's M2 money stock rises less-than-expected

Official data released on Monday showed that Japan's M2 money stock rose 3.5% year-over-year last month, missing analysts' expectations for a gain of 4.0%.

Mon, 15 Jan 2018 02:50:30 GMT

Melbourne Institute: inflation gauge rises 0.1% last month

The Melbourne Institute reported on Monday that its gauge of inflation climbed 0.1% in December, after rising 0.2% in the prior month.

Sun, 14 Jan 2018 21:07:06 GMT

Heads of EU might clash with Trump

The President of France and the Chancellor of Germany are speculated to be preparing for a clash with the President of the US at the economic forum next week due to competing world views.

Sun, 14 Jan 2018 21:06:53 GMT

World Economic Forum will take place next week

The World Economic Forums is scheduled to take place next week at Davos. The event is most likely to take most of the attention of the political and financial world, as even Donald Trump is planning to attend.

Sun, 14 Jan 2018 19:50:18 GMT

Merkel will join Macron at Davos

The Chancellor of Germany Angela Merkel is planning to join the French President Emmanuel Macron in Davos at the World Economic Forum.

Sun, 14 Jan 2018 19:50:06 GMT

Macron welcomes upcoming reform

The President of France Emmanuel Macron is speculated to have approved the still unpublished document, which has recommendations for a Euro Zone reform.

Sun, 14 Jan 2018 19:23:56 GMT

EU economists to reveal new reform

Leading French and German economists are scheduled to publish new recommendations, which are aimed at reforming the euro zone.

Sun, 14 Jan 2018 19:23:24 GMT

Germany set out to continue reforms

As Angela Merkel has made a deal with the German Social Democrats, the leader of Germany has sent her representative to make an alliance with French EU reformists.

Sun, 14 Jan 2018 18:01:03 GMT

Turkey officially denounces US decision

The spokesman of the President of Turkey on Sunday officially denounced the US efforts to train Syrian border security forces. The outrage is due to some of the forces being Kurdish YPG fighters.

Sun, 14 Jan 2018 18:00:40 GMT

Iraqi PM to work with Shi'ite group

The Prime Minister of Iraq is set to receive support in the next election from a powerful Shi'ite group, which has close ties with Iran.

Sun, 14 Jan 2018 17:16:21 GMT

Pakistan rushes airline sale

Authorities of Pakistan have revealed that the country will try to privatize the national airline before the next general elections, which are due this year.

Sun, 14 Jan 2018 17:15:39 GMT

Iraqi PM will candidate in elections

The head of the Iraqi government Haider al-Abadi on Sunday announced plans to candidate in the next elections. The elections are set to take place on May 12.

Sun, 14 Jan 2018 16:00:34 GMT

Oil production recovers in Venezuela

Oil production in Venezuela has almost reached 1.9 million barrels per day. This is seen as a recovery after the record low level of last year.

Sun, 14 Jan 2018 16:00:03 GMT

US led coalition angers Turkey

By starting the creation of a new Syrian border force, the US lead coalition has managed to anger Turkish officials, which have expressed dissatisfaction with the coalition efforts.

Sun, 14 Jan 2018 14:50:56 GMT

Iranian tanker sinks

The Iranian tanker, which was burning in the East China Sea since January 6, sank on Sunday.

Sun, 14 Jan 2018 14:50:15 GMT

Shinzo Abe visits Lithuania

The Prime Minister of Japan Shinzo Abe on Sunday visited the former consulate of Japan in Lithuania to commemorate a diplomat, who saved an estimate 6,000 Jews in 1940.

Sun, 14 Jan 2018 14:08:55 GMT

Greeks stand against use of "Macedonia" in old name dispute

According to a poll results announced on Sunday, majority of Greek population do not want to see the word "Macedonia" used in solution to an old clash over the ex-Yugoslav republic's name.

Sun, 14 Jan 2018 14:02:13 GMT

UKIP leader faces criticism amid Markle remarks

The head of British Independence Party (UKIP) Henry Bolton faced calls on Sunday to leave his post amid inappropriate remarks made about Prince Harry's fiancee actress Meghan Markle

Sun, 14 Jan 2018 13:06:26 GMT

Hamas official gets injured in blast in Lebanon

According to the al-Manar TV channel, a member of the Hamas group Mohamed Hamdan got injured on Sunday after a blast destroyed his car in the city of Sidon.

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