News

Note: This section contains information in English only.
Sat, 08 Sep 2018 14:28:45 GMT

Alibaba will reveal future plans next week

Alibaba Group will reveal the succession plan of the company's founder and long-time creator Jack Ma next week.

Sat, 08 Sep 2018 14:23:51 GMT

Jack Ma will remain as executive chairman

On Saturday, the head of Alibaba Group Holdings Jack Ma revealed that he will remain as the executive chairman of the company.

Sat, 08 Sep 2018 14:23:06 GMT

Italian Finance Minister expects improvements

On Saturday, the Finance Minister of Italy announced that he is expecting a minor improvement in the Italian structural finance balance next year. The statement reassured the markets of EU financial stability.

Sat, 08 Sep 2018 12:52:19 GMT

Chinese Government defends Beijing's initiative

The top diplomat of China during his visit to Pakistan on Saturday defended the Belt and Road initiative, stating that it will not indebt Pakistan.

Sat, 08 Sep 2018 12:51:59 GMT

France seeks compromise on EU digital tax

On Saturday, although Germany called once more for a European Union tax overhaul, the French counterpart was seeking a compromise that would pause the initiative.

Sat, 08 Sep 2018 12:29:43 GMT

Merkel announces future plans

The Chancellor of Germany Angela Merkel on Saturday announced that Germany will reduce its government debt and invest in infrastructure and employment.

Sat, 08 Sep 2018 12:29:04 GMT

Russia confirms North Korean visit

Officials of the Russian Federation on Saturday announced that the North Korean leader is ready to visit Russia.

Sat, 08 Sep 2018 11:13:38 GMT

EIB considers capital hike

The European Investment Bank (EIB) stated on Saturday that it is examining a capital increase to enable a certain number of its shareholders to raise their stake after Brexit.

Sat, 08 Sep 2018 11:10:20 GMT

Yemen peace talks fail in Geneva

The UN Special Envoy Martin Griffiths stated on Saturday that non-arrival of the Houthi movement delegation signified failure of this round of talks, though did not mean collapse of the whole process.

Sat, 08 Sep 2018 10:07:47 GMT

Drought affects 2M people in Central America

According to the World Food Program, nearly two million people living in Central America are at risk of hunger because of bad harvest caused by drought.

Sat, 08 Sep 2018 10:03:37 GMT

France to strengthen defence ties with Cyprus

The Foreign Minister of France Jean-Yves Le Drian stated on Friday that his government is willing to improve defence cooperation with Cyprus in order to enhance presence of the EU in the east Mediterranean.

Sat, 08 Sep 2018 09:05:31 GMT

Germany emphasizes importance of digital tax

The Finance Minister of Germany Olaf Scholz stated on Saturday that an increase of levies on large European digital firms will time to agree with all stakeholders, though its necessity is indisputable.

Sat, 08 Sep 2018 09:01:03 GMT

Vietnam to order weapons worth $1B

According to the TASS news agency, the Defence Ministry of Vietnam has ordered weapons and accompanying services from Russia worth slightly more than $1B.

Sat, 08 Sep 2018 08:10:04 GMT

US seeks negotiations with Iran

The President of Iran Hassan Rouhani stated on Saturday that the United States continuously sends invitations to the government to begin talks.

Sat, 08 Sep 2018 08:07:08 GMT

Trump threatens to impose new tariffs

The US President Donald Trump said on late Friday he was considering imposing duties on imports from China on another $267B of goods.

Sat, 08 Sep 2018 06:52:06 GMT

Imports into China increase by 20 percent

On Saturday, Chinese trade data revealed that imports into the country in August have increased by 20%, compared to the same period last year.

Sat, 08 Sep 2018 06:51:47 GMT

China's export rise almost ten percent

China's trade data on Saturday revealed that China's exports have increased by almost ten percent in August, compared to the same month last year.

Sat, 08 Sep 2018 06:18:46 GMT

Umm Qasr port opens after protests

The main seaport of Iraq reopened during the night between Friday and Saturday after being closed down due to protesters blocking the entrance.

Sat, 08 Sep 2018 06:17:35 GMT

Go-Jek invests in online media

Indonesian online payments and ride-hailing company Go-Jek announced plans to invest in Kumparan, which is an online media start up.

Sat, 08 Sep 2018 04:55:15 GMT

US recalls diplomats over Taiwan's recognition

On Friday, the United States recalled their diplomats from Dominican Republic, Panama and El Salvador because these countries no longer acknowledge Taiwan as a sovereign country.

Sat, 08 Sep 2018 04:55:06 GMT

US corporate profits are expected to grow

On Friday, a report published by Reuters stated that the revenue growth of the S&P 500 companies is the fastest since 2011.

Sat, 08 Sep 2018 04:24:12 GMT

Tesla shares plummet

The share price of Tesla Inc dropped by almost nine percent, as the company's Chief Accounting Officer quit after being in the positions only for a month.

Sat, 08 Sep 2018 04:23:24 GMT

Chinese diplomats will visit Pakistan

On Saturday, the government of China sent its top diplomats to Pakistan for a high level meeting with Pakistan's new Prime Minister.

Sat, 08 Sep 2018 02:54:16 GMT

Amazon to open second check-out free store

On Friday, Amazon.com Inc claimed that it is planning to open a second check-out free Amazon Go store in New York after opening the first store from the chain in Seattle in 2018.

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