News

Note: This section contains information in English only.
Wed, 22 Feb 2017 16:10:59 GMT

US equities drop on lower oil prices

Wall Street saw a weak start of the NY session on the back of a 1.2% slide in oil prices that caused the S&P500 energy index slump 0.64% on Wednesday.

Wed, 22 Feb 2017 16:08:46 GMT

US home resales soar 3.3% in January

The NAR reported that existing home sales in the US surged 3.3% over the month of January, suggesting that buyers are getting more confident in the country's economy.

Wed, 22 Feb 2017 15:13:50 GMT

Iran to talk with Saudi Arabia on haj

Following last year's boycott of the haj, Iran sent a group of representatives to lead talks with Saudi Arabia in order to clear the matter on this year's Muslim pilgrimage.

Wed, 22 Feb 2017 15:07:52 GMT

Deal on border check curbs to bring 0.5% growth to world economy

A global deal aiming to boost the world economy by 0.5% with softened border regulations and reduced bureaucracy was enforced on Wednesday and is said to face no threats by rising protectionism in the US.

Wed, 22 Feb 2017 14:32:23 GMT

BMW & Mobileye clinch deal on self-driving car tool

German carmaker BMW and Israeli Mobileye teamed up and signed a contract over Mobileye vision sensing would be contributing to the construction of the high-definition maps for automated vehicles.

Wed, 22 Feb 2017 14:15:02 GMT

UK to spend $250M more to help African countries

The UK is eager to supply Somalia and South Sudan with extra money of $250M for each state in 2017/2018 as an additional help to fight hunger spread over the countries.

Wed, 22 Feb 2017 13:30:57 GMT

"Contrarian" journalist gets out of jail after 18 years

On Wednesday, an Uzbek opposition journalist Muhammad Bekjanov emerged from jail after 18 years as he was imprisoned for spreading and publishing banned newspapers and staging the forbidden political protests.

Wed, 22 Feb 2017 13:13:56 GMT

Media reports false alert over gunman at school

A media report received by the police officers about an armed man to enter the school in the West of Germany with intentions to shoot people proved to be fake alert.

Wed, 22 Feb 2017 11:28:58 GMT

Euro zone inflation reaches annual rate in January

According to the EU statistics agency, the Euro zone inflation climbed to the 1.8% annual rate in the previous month on the back of energy cost surplus up to 8.1%.

Wed, 22 Feb 2017 11:28:42 GMT

Californians flee for safety amid flooding

About 1M of San Jose citizens in the Northern California had to urgently evacuate from their homes as the floods hit the region, putting people lives in danger.

Wed, 22 Feb 2017 10:32:55 GMT

US security advisor differs from Trump on key issues

The Lieutenant General Herbert Raymond McMaster who was named as the US Security Advisor by the President Donald Trump, expresses different point of view on the majority of the top issues unlike Trump, including Russia, counterterrorism and the US army.

Wed, 22 Feb 2017 10:18:45 GMT

Euro slides below $1.05 amid Le Pen possible win

The Euro plunged to the weakest level in nearly six weeks due to indications that the anti-EU French Presidential candidate Marine Le Pen is likely to win the upcoming Election.

Wed, 22 Feb 2017 09:30:34 GMT

Airbus calls for negotiations on A400M

The aerospace group Airbus seeks for the new talks with the European nations to limit its fine fee for its A400M military plane delays.

Wed, 22 Feb 2017 09:17:07 GMT

China to finish Spratly Islands structures for missiles

China is close to complete building about two dozen constructions on Spratly Islands in the South China Sea designed for the ground-to-air missiles housing.

Wed, 22 Feb 2017 08:29:04 GMT

Provocative columnist resigns Breitbart News

Firebrand conservative columnist Milo Yiannopoulos stepped down from the post as he was accused of defending pedophilia in his remarks.

Wed, 22 Feb 2017 08:02:40 GMT

Senior General of Yemeni dies in missile attack

On Wednesday, the Houthi militants blasted a military camp with a ballistic missile, leaving the major Yemeni general Ahmed Saif al-Yafei together with other members of military dead.

Wed, 22 Feb 2017 07:30:12 GMT

Former Hong Kong CEO jailed to 20 months

On Wednesday, the Court of China sentenced the ex-Chief Executive Donald Tsang to 20 months for misconduct in the public office.

Wed, 22 Feb 2017 06:58:11 GMT

Car giants prompt EPA to eliminate Obama green rules

The world's carmakers such as GM, Toyota Motors & VW want the head of EPA to eliminate the fuel-efficiency requirements established by the former US President Barack Obama as these rules lead to job and revenue cuts.

Wed, 22 Feb 2017 06:27:40 GMT

Brazil likely to cut rates further

Despite pressures to expand the monetary easing program to heal the stagnating economy, Brazil is likely to remain aggressive on rate cuts Wednesday afternoon.

Wed, 22 Feb 2017 06:22:47 GMT

Wall Street, Asia celebrate gains, Dollar dips

While Wall Street profits supplied investors with record-gains, Asian stocks rallied and European factory data topped analyst expectations, the Dollar slipped on Wednesday's session.

Wed, 22 Feb 2017 05:29:37 GMT

Malaysia finds two suspects in Kim Jong Nam murder

Malaysia identified two suspects in the killing of Kim Jong Nam: one of them is a member of the North Korean embassy in Malaysia and the other – linked to a North Korean airline.

Wed, 22 Feb 2017 05:23:30 GMT

China claims Taiwanese 1947 protests an attempt to halt Chinese liberation

Chinese officials claimed on Wednesday that the 1947 Taiwanese demonstrations against Nationalist forces was an attempt to halt the Chinese liberation.

Tue, 21 Feb 2017 21:02:37 GMT

UPS to lift delivery prices in nearest future

Following a surge in costs of packages shipping to e-commerce clients, the American delivery firm UPS announced it would consider lifting prices of its services.

Tue, 21 Feb 2017 21:02:13 GMT

Daimler to open plant in Russia

On Tuesday, Daimler announced its plans to start making Mercedes-Benz cars in Russia, with the first vehicles expected go off the assembly line as soon as 2019.

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