News

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Mon, 24 Jul 2017 07:25:32 GMT

Malaysia's CIMB to form EJV with Ant Financial Services

The second-biggest bank of Malaysia CIMB Group is willing to tie-up with Ant Financial Services in an equity joint venture over mobile payment platform.

Mon, 24 Jul 2017 07:10:39 GMT

Death toll in Kabul car blast climbs to 35

According to the Afghani government, the death toll in a suicide bomb explosion of a vehicle in Kabul rose to no less than 35 on Monday.

Mon, 24 Jul 2017 06:34:24 GMT

Australia launches inquiry into Takata airbag recall

The Australian consumer watchdog launched an investigation into the Takata car airbag recall the next day after the police announced that man's death in a car accident was likely caused by a faulty airbag.

Mon, 24 Jul 2017 06:25:50 GMT

Israel to keep Jerusalem mosque's metal detectors

Israel announced on Sunday that the Jerusalem mosque metal detectors would stay despite the rough clashes with the Palestinians triggered by the walk-through gates' installation.

Mon, 24 Jul 2017 04:56:41 GMT

IMF expects global GDP to come in at 3.5% in 2017

On Monday, the International Monetary Fund kept its global growth forecast unchanged, expecting the world economy to expand at a 3.5% pace over the course of 2017.

Mon, 24 Jul 2017 04:56:25 GMT

Grab expects to raise $2.5B in financing round

Grab, the main rival of Uber in Southeast Asia, reported it anticipated to raise $2.5B in its current financing round set to boost the company's leading position in the area.

Mon, 24 Jul 2017 04:09:20 GMT

Japan's Abe denies cronyism allegations

On Monday, the Japanese PM Shinzo Abe denied cronyism allegations, saying he had never helped his long-time friend to establish a new veterinary school.

Mon, 24 Jul 2017 04:08:43 GMT

Kabul car bomb blast kills 12

According to the Afghan Interior Ministry, a car bomb explosion that occurred in western Kabul on Monday claimed lives of at least 12 people and injured 10 others.

Mon, 24 Jul 2017 02:54:38 GMT

UK to launch first phase of investment in energy storage

British Business Minister Greg Clark is set to launch the first £246M worth phase of investment into battery technologies, part of the country's industrial development strategy.

Mon, 24 Jul 2017 02:54:09 GMT

Japan's manufacturing PMI at 52.2 in July

Markit reported its PMI for Japan's manufacturing sector dropped to 52.2 in July, marking the second straight month of a decrease, a preliminary survey showed.

Mon, 24 Jul 2017 02:11:46 GMT

Trump open to sing legislation on Russia's sanctions

The White House stated the Donald Trump was open to sign legislation of tightening sanctions against Russia, after House Leaders and Senate reached an agreement on the bill.

Mon, 24 Jul 2017 02:10:46 GMT

Russia sees great prospects for cooperation on aviation with China

Russia and China both had a potential in bilateral cooperation in the aerospace sector, contributing to the amplification of economic ties, Russia's industry insiders stated.

Sun, 23 Jul 2017 20:21:15 GMT

Senate Minority Leader says Muller's dismissal will cause cataclysm

The Senate's Minority Leader Chuck Schumer said on Sunday that the US President Donald Trump would cause a "cataclysm" if he fires the Special Counsel Robert Muller.

Sun, 23 Jul 2017 20:19:40 GMT

Confused voters lower Macron's rating

The French President Emmanuel Macron's approval rating dropped markedly over the past month amid uncertainties surrounding the future of the tax system and the upcoming labour law reform, according to the IFOP.

Sun, 23 Jul 2017 18:59:14 GMT

Turkish police detain 61 protesters in Ankara

On Sunday, Turkey's police detained 61 protesters in the city of Ankara, who were demonstrating in support of two educators imprisoned two months ago for starting a hunger strike.

Sun, 23 Jul 2017 18:58:00 GMT

White House and Senate back new sanctions against Russia

The White House Press Secretary Sarah Sanders said on Sunday that both the House and the Senate were ready to impose new sanctions against Russia over the situation in Ukraine.

Sun, 23 Jul 2017 18:28:26 GMT

US says Syria not used chemical weapon since US airstrike

US military officials reported that Damascus had not used any chemical weapon since the US airstrike on Syria's air base located in the province of Idlib.

Sun, 23 Jul 2017 18:26:10 GMT

BBC stars urge to fix gender pay disparity

Female stars of the BBC wrote an open letter to the company's top management, urging to fix the wage gap between men and women.

Sun, 23 Jul 2017 17:00:19 GMT

BWM denies reports on emissions manipulations

BWM rejected reports that the systems of emissions treatment in its vehicles were not working effectively and that there was a collusion with rivals on prices and design.

Sun, 23 Jul 2017 16:59:42 GMT

Schulz urges Germany to take action to prevent refugee crisis' repeat

Martin Schulz, the Angela's Merkel rival, stated that Germany needs to act now to stop a re-run of 2015 crisis, when some 890K migrants moved into the country.

Sun, 23 Jul 2017 15:56:00 GMT

Spanish firm aims to tap Iranian car parts market

Spain's car parts manufacturer was looking for partnership with Iran for car parts production within the country, Iranian newspaper reported.

Sun, 23 Jul 2017 15:54:57 GMT

UAE Central Bank posts rise in total assets, foreign currency supply

The Central Bank of United Arab Emirates reported that its total assets rose 10.8% to $106.8B, while foreign currency supply increased to $92.19B in the first half of 2017.

Sun, 23 Jul 2017 14:56:57 GMT

Spanish business leaders fear Catalan secession

Almost three fourth of all Spain's business leaders were worried about illegal Catalonia's intention to hold an independence referendum, which would harm the economy of Spain.

Sun, 23 Jul 2017 14:55:52 GMT

France, Egypt, Sweden ask to discuss Israeli-Palestinian violence

France, Egypt, Sweden requested an urgent UN Security Council meeting to discuss ways to curb the Israeli-Palestinian violence's outbreak, a Swedish diplomat stated.

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