News

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Sat, 02 Sep 2017 07:11:44 GMT

US Commerce Secretary wants auto content above 70% in NAFTA

The US Commerce Secretary Wilbur Ross said that the new NAFTA should include a deal that more than 70% of North American vehicle content was built in the US, Mexico and Canada.

Sat, 02 Sep 2017 07:07:00 GMT

Britain needs to increase spending on electric car support to avoid shortages

The UK is required to increase spending on new power plants, electric car charging points and grid networks to avoid power shortages after the ban on diesel and petrol cars.

Sat, 02 Sep 2017 05:52:43 GMT

House speaker asks Trump to keep "Dreamers" immigration policy

The House of Representatives Speaker Paul Ryan urges the President Donald Trump to keep the DACA program that protects immigrants who entered the nation illegally as children.

Sat, 02 Sep 2017 05:52:34 GMT

China, Brazil agree to improve partnership

The Chinese President Xi Jinping and his Brazilian counterpart Michel Temer agreed to further improve the strategic partnership between the two nations.

Sat, 02 Sep 2017 05:28:38 GMT

US, South Korea to revise missile treaty

The US and South Korea agreed to revise a treaty which limits the number of missiles in the country after a meeting between the US President Donald Trump and his Korean counterpart Moon Jae-in.

Sat, 02 Sep 2017 05:27:55 GMT

Vietnam finds violations at central bank in combat with corruption

The central State Bank of Vietnam poorly supervises credit institutions and is inefficient in preventing corruption, the government says.

Sat, 02 Sep 2017 04:26:10 GMT

White House: Juster to become US Ambassador to India

The White House revealed on Friday that the US President Donald Trump was set to nominate the former NEC Deputy Director Kenneth Juster as the Ambassador to India.

Sat, 02 Sep 2017 04:24:41 GMT

Columbia University professor nominated for seat on SEC

Late on Friday, the US President Donald Trump nominated Robert Jackson, a law professor at the Columbia University, for a seat on the US Securities and Exchange Commission.

Fri, 01 Sep 2017 20:07:29 GMT

FDA approves new leukemia medicine

On Friday, the US Food and Drug Administration (FDA) approved the Pfizer's Mylotarg medicine for patients with the acute myeloid leukemia.

Fri, 01 Sep 2017 20:07:13 GMT

Germany threatens to review ties with Turkey

On Friday, the German Chancellor Angela Merkel warned that Germany might "rethink" relations with Turkey after another two German citizens were detained in Antalya.

Fri, 01 Sep 2017 19:00:38 GMT

Perry orders to release oil reserves

On Friday, the US Energy Secretary Rick Perry endorsed the release of 4.5M barrels of oil from the Strategic Petroleum Reserve to cope with disruptions caused by the Hurricane Harvey.

Fri, 01 Sep 2017 19:00:18 GMT

SEC recalls lawsuit against financier Wey

On Friday, the US Securities and Exchange Commission decided to withdraw its fraud lawsuit against the New York Global Group's founder Benjamin Wey.

Fri, 01 Sep 2017 18:11:55 GMT

Oil prices settle down at $52.50

On Friday, crude oil prices lost 36 cents and settled down at $52.50 a barrel, as one-fourth of the US refining sector remained closed after the Hurricane Harvey.

Fri, 01 Sep 2017 18:11:28 GMT

Ryan asks Trump to leave immigration program

On Friday, the US House of Representatives Speaker Paul Ryan urged the US President Donald Trump not to cancel the DACA program that protects illegal underage immigrants.

Fri, 01 Sep 2017 17:07:02 GMT

Microsoft pushes new features with upcoming Windows 10 update

Microsoft announced on Friday that it planned to introduce new features with Windows 10 update, so called "mixed reality" features in the October software release.

Fri, 01 Sep 2017 17:06:46 GMT

Nearly 400 die in Myanmar violence

New official data showed that nearly 400 Rohingya Muslims had died during the last week's violence in Myanmar, authorities reported on Friday. 

Fri, 01 Sep 2017 15:51:38 GMT

Finnish police frees another man over Turku knife attack

The Finnish police reported on Friday that it had released another man of the suspects over the stabbing attack in Turku two weeks ago, leaving only the main suspect in pre-trial detention.

Fri, 01 Sep 2017 15:51:26 GMT

Next US Fed rate hike expected in middle of 2018

The majority of traders continue to see the next Federal Reserve rate hike in the middle of the year 2018, based on a Reuters analysis.

Fri, 01 Sep 2017 15:06:37 GMT

Kremlin says closure of Russian consulate increases US-Russia tensions

The Kremlin reported that the US decision to close Russia's consulate in San Francisco would probably increase tensions between the two countries.

Fri, 01 Sep 2017 15:06:26 GMT

Oil falls after Harvey shuts 24% US refineries

Crude oil slipped down after the tropical storm Harvey damaged and shut down nearly 24% of the US refining industry.

Fri, 01 Sep 2017 13:56:44 GMT

Turkey detains more Germans

Two more citizens of Germany have been detained by Turkish officials for what German authorities named "political" reasons.

Fri, 01 Sep 2017 13:55:41 GMT

Russia pledges action against US

The Foreign minister of Russia Sergey Lavrov on Friday announced that Moscow will respond against US sanctions harshly.

Fri, 01 Sep 2017 13:27:45 GMT

US unemployment rate rises to 4.4% in August

According to the Bureau of Labour Statistics, the jobless rate in the United States climbed to 4.4% in August, topping analysts' expectations for an unchanged reading of 4.3%.

Fri, 01 Sep 2017 13:14:48 GMT

Swiss manufacturing PMI jumps to 61.2 in August

Procure reported on Friday that its PMI for Switzerland's manufacturing sector rose to 61.2 in August, while analysts anticipated a slight drop to 60.4, following the prior month's 60.9 reading.

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