News

Note: This section contains information in English only.
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.

Tue, 21 Feb 2017 20:02:06 GMT

Egypt to establish closer relationship with Hamas

Egypt is set to establish closer cooperation with Gaza's Hamas in an attempt to defend the Sinai border from possible attacks by the Islamic State.

Tue, 21 Feb 2017 20:01:44 GMT

Supreme Court split on 2010 civil rights case

The Supreme Court of the United States appeared to be divided over the 2010 cross-border shooting lawsuit renewal, with judges expected to end up with a 4-4 split.

Tue, 21 Feb 2017 19:19:39 GMT

EC to provide support to Ireland in wake of Brexit

On Tuesday, European Commission's Frans Timmermans said the executive department of the EU would stand at Ireland's side when the country needs to deal with Brexit.

Tue, 21 Feb 2017 19:19:17 GMT

Trump denounces anti-Semitism after threats against Jews shake US

On Monday, the US President Donald Trump condemned hostility towards Jewish people in the United States following a streak of bomb threats to Jewish community centres.

Tue, 21 Feb 2017 17:53:34 GMT

"Dreamer" immigrants to stay in US

On Tuesday, the Trump administration said it would leave protections for immigrants falling under the "Dreamer" programme in place.

Tue, 21 Feb 2017 17:53:16 GMT

Wal-Mart shares up 3% on strong sales data

Having posted better-than-expected sales in both conventional and online stores, Wal-Mart shares jumped 3% on Tuesday.

Tue, 21 Feb 2017 17:01:32 GMT

Oil jumps on better OPEC compliance with output cut deal

Oil prices climbed on Tuesday, as the OPEC Secretary confirmed the major producers stuck to their promises to cut oil output, expecting even higher compliance with the deal.

Tue, 21 Feb 2017 17:00:48 GMT

Pruitt to turn to EPA staff on concerns over cuts

Scott Pruitt, the newly appointed chief of the US Environmental Protection Agency, will turn to the staff on the back of Trump's intentions to reverse Obama-era green rules.

Tue, 21 Feb 2017 16:15:39 GMT

Tiffany to hire three directors in JANA deal

Tiffany & Co, the American luxury jewelry and specialty retailer, announced it would designate three independent executives to the company's board in a pact with JANA hedge fund.

Tue, 21 Feb 2017 16:14:49 GMT

US shares peak to record highs on upbeat retail results

Wall Street kicked off the NY trading session at record-high levels today on the back of a 1.5% surge in oil prices coupled with upbeat results from leading US retailers.

Tue, 21 Feb 2017 15:31:15 GMT

Facebook users to transfer money via Messenger app

TransferWise company has put on drive a new service allowing the Facebook users to transfer money internationally using a specially designed automated "chatbot" programme for Messenger.

Tue, 21 Feb 2017 15:14:21 GMT

50 dead amid severe snowstorms in Afghanistan

At least 50 people dead and hundreds wounded in the past three days in Afghanistan as the heavy blizzards and rainfalls hit the country.

Tue, 21 Feb 2017 14:29:59 GMT

Northern California expects rainfalls of up to 13cm

The National Weather Service warns about possible floods as strong windstorms and heavy rain will hit the Northern California this Wednesday, presumably affecting the region of San Francisco.

Tue, 21 Feb 2017 14:13:49 GMT

US top officials to meet Mexican President for talks

On Wednesday, the US Secretary of State and Secretary of Homeland Security are eager to meet the Mexican President Enrique Pena Nieto for talks over boarder security and trade.

Tue, 21 Feb 2017 13:31:24 GMT

Verizon and Yahoo agree to lower deal price by $350M

According to the Wall Street Journal, Yahoo has finally agreed to sell its core Internet business to Verizon for the price of $4.83B, which is $350M lower than the original one.

Tue, 21 Feb 2017 13:08:38 GMT

EU to crackdown corporations over tax-dodging

The EU finance ministers have come to the single agreement to crackdown large corporations and close loopholes of tax avoidance by applying new severe rules in 2020.

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