News

Note: This section contains information in English only.
Mon, 08 Jan 2018 04:05:13 GMT

Vietnam begins high-profile trial on oil firm losses

Vietnam brought 22 executives to high-profile trial on losses at the country's oil firm, where the most serious offences might be the death penalty.

Mon, 08 Jan 2018 03:24:40 GMT

AIG Construction Index falls last month

The Australian Industry Group reported on Monday that its Construction Index fell to 52.8 in December from the prior month's 57.5.

Mon, 08 Jan 2018 03:23:10 GMT

Norwegian Labour Party's leader resigns

The leader of Norway's Labour Party Trond Giske has resigned following sexual harassment allegations, according to official sources.

Sun, 07 Jan 2018 21:04:17 GMT

Biggest Saudi companies to increase wages for locals

Saudi Arabian Oil and other major local companies stated that they will increase Saudi staff's salaries, matching the royal order to ease public discontent over the rising prices.

Sun, 07 Jan 2018 21:03:11 GMT

Takata recalls 3.3M air bags under US order

Takata Corp that filed for bankruptcy, has called back 3.3M air bags as part of the US order, which scheduled the potentially deadly devices' repairs over several years.

Sun, 07 Jan 2018 20:29:22 GMT

Chinese FAW to buy 10% stake in Mobike

FAW Car Co has aimed to purchase a 10% stake in Chinese startup Mobike Chuxing Technology's new car-sharing unit, while financial details were not disclosed.

Sun, 07 Jan 2018 20:08:03 GMT

UK retailers to publish holiday shopping figures next week

At least 20 UK retailers will publish their holiday shopping season's performance figures next week, while Tesco anticipates to be one of the leaders but M&S continues to struggle.

Sun, 07 Jan 2018 20:07:25 GMT

Labour MPs urge May to drop KPMG auditors from Grenfell inquiry

British Labour MPs have urged PM May to cancel the appointment with KPMG to assist with the Grenfell Tower inquiry amid conflict of interest due to auditing work for involved firms.

Sun, 07 Jan 2018 19:00:18 GMT

Former chief of Goldman, WTO, BP dies at 71

Former World Trade Organisation's director general Sutherland, also known as the overseas arm of Goldman Sachs and long-serving chairman of BP, the oil giant, died aged 71.

Sun, 07 Jan 2018 17:54:55 GMT

Iran unblocks Telegram

Local media reported on Sunday that Iranian authorities had unblocked Telegram, a messaging application that was banned during the anti-government protests.

Sun, 07 Jan 2018 17:54:16 GMT

China's Xi: military should modernise

The Chinese President Xi Jinping called for the modernisation and digitalisation of the People's Liberation Army.

Sun, 07 Jan 2018 17:09:36 GMT

Xinjiang to invest $70B in infrastructure this year

China's Xinjiang Uygur autonomous region's planning body revealed it would invest at least $70B in infrastructure construction in 2018.

Sun, 07 Jan 2018 17:09:17 GMT

Egypt's Shafik not to run for presidency

A Twitter post revealed on Sunday that the Egyptian ex-PM Ahmed Shafik is not planning to run for presidency this year.

Sun, 07 Jan 2018 16:01:27 GMT

Saudi royal handouts to cost government $13.3B

On Sunday, the kingdom's Information Minister said that handouts to Saudi Arabian nationals to compensate for increases in the cost of living would cost the government around $13.3B.

Sun, 07 Jan 2018 16:01:08 GMT

South Africa's parliament to review president removing rules

On Sunday, South Africa's parliament revealed its intention to review the rules on removing the state's president.

Sun, 07 Jan 2018 15:01:22 GMT

Weidmann: ECB should set bond-buying end date

The head of the German Bundesbank Jens Weidmann said that the European Central Bank should set a fixed date to end the bond-buying programme.

Sun, 07 Jan 2018 15:00:12 GMT

Yemen's ex-President Saleh's party picks new leader

On Sunday, the Yemeni ex-President Ali Abdullah Saleh's General People's Congress party picked a new leader following the assassination of the President last month.

Sun, 07 Jan 2018 14:07:15 GMT

One man dies in Stockholm incident

According to Swedish police, one man died after getting fatal injuries from explosion that happened at the Varby Gard subway station, Stockholm.

Sun, 07 Jan 2018 14:02:06 GMT

Malaysia's opposition names their PM candidate

Mahathir Mohamad was named as Malaysia's opposition alliance prime ministerial candidate, thus substituting Anwar Ibrahim in the upcoming general election that will take place in August.

Sun, 07 Jan 2018 13:04:19 GMT

Pier Padoan presumes creation of left-right coalition

According to the Corriere della Sera newspaper, the Economy Minister of Italy Pier Padoan said that under current political situation a coalition between the left-wing Partito Democratico (PD) and the right-wing Forza Italia (FI) cannot be ruled out.

Sun, 07 Jan 2018 13:04:12 GMT

Syrian army continues offensive in Idlib

According to local media, Syrian army has liberated the town of Sinjar and several other villages, thus continuing to successfully combat militants in the southern province of Idlib.

Sun, 07 Jan 2018 12:02:09 GMT

Theresa May plans changes in government

On Sunday, the British Prime Minister Theresa May announced an upcoming change in the government; the Foreign, Interior, Finance and Brexit Ministers are expected to keep their positions.

Sun, 07 Jan 2018 12:01:43 GMT

CDU and SPD to begin government talks

The German Chancellor Angela Merkel said on Sunday she believes that the Christian Democrats (CDU) and the Social Democrats (SPD) could find a mutually acceptable solution in the upcoming five-day government talks.

Sun, 07 Jan 2018 07:54:32 GMT

Japan's Abe calls for more reflation attempts

The Japanese Prime Minister Shinzo Abe said on Sunday that he wanted the BoJ Governor Haruhiko Kuroda to keep up efforts to try to reflate the economy.

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