News

Note: This section contains information in English only.
Tue, 09 Jan 2018 10:51:47 GMT

Germany's industrial workers go on strike over pay dispute

On Monday, industrial workers in Germany staged strikes at engineering and metal firms, backing the wage claims by IG Metall union that reported about further walkout wave for Tuesday.

Tue, 09 Jan 2018 10:33:13 GMT

Japan turns down S. Korea's call for more steps in 'comfort women'

On Tuesday, Japan stated that it would not accept the South Korean call for extra steps over "comfort women", a controversial issue that Japan believed it had been resolved in 2015.

Tue, 09 Jan 2018 10:18:44 GMT

South Korea to temporary lift sanctions on KP

North Korea is eager to send its delegation to South Korea during the Pyeongchang Winter Olympics next month, while Seoul will temporary ease some bans to facilitate the visit.

Tue, 09 Jan 2018 09:29:46 GMT

Tesco reports best performing in Christmas trade

According to Kantar Worldpanel, the British largest supermarket group Tesco triumphed in the Christmas trade battle with a 3.1% jump in sales in 12 weeks.

Tue, 09 Jan 2018 09:15:14 GMT

JD.com to sell €2B in French goods

The Chinese retailer JD.com stated on Tuesday it considered selling €2B of French imports to China's consumers over the following two years, seeking to purchase another €100M in French-made products.

Tue, 09 Jan 2018 08:34:14 GMT

Didi Chuxing to trigger bike-sharing service

China's ride-hailing app Didi Chuxing is planning to launch a bike-sharing service platform to host partner firms like Ofo, the company announced on Tuesday.

Tue, 09 Jan 2018 08:21:16 GMT

Etihad Airways names ex-JetBlue exec as CFO

On Tuesday, Abu Dhabi's Etihad Airways appointed the former executive of JetBlue Mark Powers as the company's new group CFO.

Tue, 09 Jan 2018 07:33:49 GMT

GM vows to make profitable EVs by 2021

According to the CEO Mary Barra, General Motors has assured the investors it would build a formula to design money selling electric vehicles by 2021.

Tue, 09 Jan 2018 07:31:51 GMT

Samsung Elec reveals autonomous car parts

At this week's Las Vegas annual trade show Samsung Electronics has revealed a set of vehicle parts for an automotive driving and its infotainment platform, developed with Harman International.

Tue, 09 Jan 2018 06:08:51 GMT

North Korea still intends to send delegation to Winter Olympics

According to a highly-ranked South Korean official, North Korea pledged to send a cheering squad, athletes and a delegation of senior officials to the Pyeongchang Winter Olympics.

Tue, 09 Jan 2018 06:02:53 GMT

BOJ to slow monetary stimulus in 2018

According to analysts, the Bank of Japan may reduce monetary stimulus this year. The speculation appeared after the central bank announced it will decrease the amount of its purchases of sovereign bonds.

Tue, 09 Jan 2018 05:30:22 GMT

Intel to create cybersecurity group after chip flaw

Intel Corp is set to create a new cybersecurity group in the consequence of newly disclosed microchip flaws, a newspaper reported citing a memo.

Tue, 09 Jan 2018 05:30:09 GMT

AT&T quits deal of selling Huawei smartphones

One of the largest US wireless carrier AT&T walked away from a deal of selling China's Huawei-made smartphones, according to a sources familiar with the matter.

Tue, 09 Jan 2018 04:24:46 GMT

Facebook's Oculus to cooperate with Xiaomi over VR headsets

Facebook's Oculus stated that it was cooperating with China's phone producer Xiaomi to make its new VR headset and an create exclusive version for the China market

Tue, 09 Jan 2018 04:24:11 GMT

Airbus to increase China production, nearing jet deal

Airbus is likely to increase output of narrowbody planes in China, as the company nears a deal to supply the world's largest aviation market during France's Emmanuel Macron visit.

Tue, 09 Jan 2018 03:27:06 GMT

UK retail sales value rises 0.6% last month

The British Retail Consortium reported that the value of retail sales rose 0.6% on an annual basis in December, after increasing 0.6% in the preceding month.

Tue, 09 Jan 2018 03:26:04 GMT

Australian building approvals rebound in November

The ANZ reported on Tuesday that building approvals jumped 11.7% in November, following the prior month's fall of 0.1%, whereas analysts anticipated a decline of 0.9%.

Mon, 08 Jan 2018 21:13:13 GMT

Atlanta Fed expresses doubts over three rate hikes in 2018

On Monday, the Atlanta Fed President Raphael Bostic said that two rate hikes would be enough in 2018, pointing to weak inflationary pressures.

Mon, 08 Jan 2018 21:10:42 GMT

Top UN official to visit Syria

Official sources reported on Monday that the Head of the UN Mark Lowcock would pay a three-day visit to Syria starting Tuesday.

Mon, 08 Jan 2018 20:22:08 GMT

Venezuela's 2017 annual inflation reaches 2,616%

On Monday, Venezuela's opposition-controlled National Assembly reported that consumer prices surged 2,616% over the last year.

Mon, 08 Jan 2018 20:21:04 GMT

Americans borrow more in November

The Federal Reserve reported on Monday that total consumer credit rose $28B to $3.83T in November, following the prior month's gain of $20.5B.

Mon, 08 Jan 2018 18:54:12 GMT

Mexican vehicle exports grow almost 17% in December

The Mexican vehicle industry group stated that the country's auto exports increased 16.7% in December, while production grew 1.5% in the same period.

Mon, 08 Jan 2018 18:19:44 GMT

Pence to visit Israel, Jordan, Egypt in January

Mike Pence, the US Vice President, is expected to visit Israel, Jordan, Egypt from January 20 to 23 to discuss ways of cooperation in the fight against terrorism, the White House stated.

Mon, 08 Jan 2018 17:50:52 GMT

Airbus suggests China role of A380 producer

Airbus offered China to be a producer of its A380 jet for the first time, aiming to ensure a new order for the weak-selling model, a source familiar with the matter said.

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