News

Note: This section contains information in English only.
Mon, 20 May 2019 05:02:31 GMT

Australian Dollar edges higher on Monday

The AUD/USD pair rose by 0.80% on Monday. The currency pair upward swing came after Australia's Centre-right Liberal National Party booked a surprise victory in the country's general elections.

Mon, 20 May 2019 04:07:24 GMT

Japan's economy accelerates in January

The Japanese economy grew at an annualised 2.1% in the Q1, driven by contributions from exports. However, the growth was overshadowed by weak domestic spending.

Mon, 20 May 2019 04:03:45 GMT

Crude oil prices surge on Monday

Crude oil prices got off to a steady start on Monday after the Organization of the Petroleum Exporting Countries indicated that it would maintain supply cuts.

Sun, 19 May 2019 19:57:22 GMT

Lockheed Martin secures $1.1B US defence contract

Lockheed Martin's Sikorsky has secured a $1.1B agreement for 12 CH-53K King Stallion helicopters from the Pentagon, the company reports.

Sun, 19 May 2019 19:57:15 GMT

US State Department approves $314M missile sale to South Korea

The US State Department has approved a $314M air defence missile sale to South Korea, the Pentagon reports.

Sun, 19 May 2019 19:10:25 GMT

Saudi crown prince and Pompeo discuss regional developments

Saudi Arabia's crown prince and the US Secretary of State Mike Pompeo on Sunday discussed security and stability in the region.

Sun, 19 May 2019 19:09:50 GMT

ECB wants higher inflation

Inflation in the euro area is not at the level of 2% the ECB wants it to be, the ECB policy maker Klaas Knot says.

Sun, 19 May 2019 18:02:15 GMT

Poll: Bank of Israel to hold rate at 0.25%

Israel's central bank is widely expected to keep the key rate unchanged at 0.25%  for a fourth consecutive month amid a strengthening shekel.

Sun, 19 May 2019 18:01:54 GMT

Zimbabwe central bank secures $500M

Zimbabwe's central bank has received a $500M loan from international banks to assist interbank currency trading and ease dollar shortages, the Governor John Mangudya says.

Sun, 19 May 2019 17:03:25 GMT

Cuba, Turkey to strengthen ties

The Cuban Foreign Minister Bruno Rodriguez met with his Turkish counterpart Mevlut Cavusoglu on Saturday to discuss improvement of bilateral relations.

Sun, 19 May 2019 17:03:17 GMT

Merkel: Croatia euro ambitions realistic

Croatia is on track to join the European common currency area of 19 countries by 2024, the German chancellor Angela Merkel says.

Sun, 19 May 2019 16:09:17 GMT

Lebanese budget deficit to be below 9% of GDP in 2019

The Lebanese budget deficit for 2019 will be below 9% of expected gross domestic product, the Finance Minister Ali Hassan Khalil says.

Sun, 19 May 2019 16:08:42 GMT

Huawei growth to slow slightly on US sanctions

The growth of the Chinese tech giant Huawei Technologies may slow slightly after recent US restrictions, the Founder and Chief Executive Ren Zhengfei says.

Sun, 19 May 2019 15:18:34 GMT

Erdogan: Turkey to produce S-500 together with Russia

Ankara plans to produce S-500 air defence systems together with Russia after the purchase of S-400, the Turkish President Tayyip Erdogan says.

Sun, 19 May 2019 15:18:25 GMT

Canada to ratify new trade pact with USA quickly

Canada plans to move quickly to approve the new North American trade agreement after the US agreed to lift tariffs on aluminium and steel, the Foreign Minister Chrystia Freeland says.

Sun, 19 May 2019 14:11:44 GMT

Bolivia's Morales to run for fourth term

The Bolivian President Evo Morales on Saturday announced his run for a fourth term, defying constitutional term limits.

Sun, 19 May 2019 14:11:36 GMT

Cristina Fernandez to run for VP

Argentina's Cristina Fernandez de Kirchner plans to run as Vice President in the upcoming elections this year instead of challenging the current President Mauricio Macri.

Sun, 19 May 2019 13:04:25 GMT

China asks cities to stabilize home prices

The cities of Nanning, Foshan, Dalian and Suzhou have been asked to stabilize growing land and housing prices, the Chinese Ministry of Housing and Urban-Rural Development reports.

Sun, 19 May 2019 13:04:15 GMT

Saudi Arabia wants to avert war with Iran

Saudi Arabia seeks to avert tensions in the region with Iran, but is ready to respond with "strength" after attacks on Saudi oil assets the previous week.

Sun, 19 May 2019 12:33:14 GMT

Russia waits White House response on leaders' meeting

According to the Interfax news agency, the Kremlin has still not received an answer from the White House over the possibility of Vladimir Putin and Donald Trump meeting.

Sun, 19 May 2019 12:30:14 GMT

Saudi do not wish war with Iran

The Minister of State for Foreign Affairs of Saudi Arabia Adel al-Jubeir stated on Sunday that the country did not want to wage a war with Iran, though it reserved the right with "all strength" to any new provocation or direct attack.

Sun, 19 May 2019 11:29:47 GMT

China to keep yuan stable

The Deputy Governor of the People's Bank of China Pan Gongsheng stated on Sunday that the bank would continue supporting the stability of the yuan's exchange rate.

Sun, 19 May 2019 11:24:23 GMT

Swiss to rework tax system

On Sunday, tens of thousands of Swiss voters supported repairment of the country's corporate tax system in order to keep its status of a global business hub.

Sun, 19 May 2019 09:51:33 GMT

Exxon Mobil evacuates foreign engineers from Iraq

On Saturday, the US multinational oil and gas corporation ExxonMobil announced the evacuation of all its foreign workers from the West Qurna oil field in Iraq.

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