News

Note: This section contains information in English only.
Sun, 08 Jul 2018 10:00:45 GMT

Eritrea and Ethiopia hold historic talks

The President of Eritrea Isaias Afwerki met on Sunday with Ethiopian Prime Minister Abiy Ahmed in an attempt to end a 20-year military conflict.

Sun, 08 Jul 2018 09:09:50 GMT

Pompeo pursues talks despite criticism

The US Secretary of State Mike Pompeo on Sunday rejected accusations of "gangster-like" negotiations approach and said that talks will continue after brief meeting with South Korean and Japanese colleagues.

Sun, 08 Jul 2018 09:02:36 GMT

Abe supports Pompeo

The Prime Minister of Japan Shinzo Abe on Sunday supported position taken by the US Secretary of State Mike Pompeo at denuclearization negotiations with North Korean leadership.

Sun, 08 Jul 2018 08:26:50 GMT

Facebook to enhance security measures ahead of Elections in Pakistan

Facebook announced the decision to have strengthened security measures before the July 25 Pakistan General Elections, a media report stated on Sunday.

Sun, 08 Jul 2018 08:21:26 GMT

China's economy to expand 6.7% in H1

The Chinese economy is predicted to expand 6.7% in the first half of this year, slightly retreating from the expansion seen in the Q1, but revealing continued resilience, according to financial institutions' and economists' forecast.

Sun, 08 Jul 2018 07:22:57 GMT

Singapore's Temasek to report record portfolio

Singapore's state investor Temasek is expected to book a record $221B for the value of portfolio, supported by growth in DBS Group and China's banks, while it increases investment in tech start-ups.

Sun, 08 Jul 2018 07:18:15 GMT

China to delay new regulations for wealth management products

China is likely to delay the release of new rules for wealth management products of banks due to the recent market turmoil, Caixin reported citing sources.

Sun, 08 Jul 2018 06:02:46 GMT

China vows consolidation of political foundation with Czech Republic

Li Keqiang, the Chinese Premier, met with the Czech counterpart Andrej Babis, pledging to consolidate the political foundation for development of the basic conditions for cooperation and bilateral ties.

Sun, 08 Jul 2018 05:56:44 GMT

Morocco Forex reserves up 10.7% in June

Net international reserves of Morocco amounted to $22.76B by the end of June, a year-over-year increase of 10.7%, the country's Central Bank stated.

Sun, 08 Jul 2018 02:34:07 GMT

Huawei unlikely to be US sanctions' aim

China's Huawei, the biggest telecommunication network equipment maker, is unlikely to become the target of the US sanctions and would keep buying the US chips in 2018.

Sun, 08 Jul 2018 02:29:05 GMT

Mexico's new president to end imports of foreign fuel in three years

Andres Manuel Lopez Obrador, the next President of Mexico, is likely seek to end fuel imports, almost all from the US, during the first three years of the term, aiming to boost refining at home.

Sat, 07 Jul 2018 19:53:59 GMT

Mexico's new Finance Chief to combat co-ops' use to evade tax

The next President of Mexico, Andres Manuel Lopez Obrador, planned to boost revenue and fight tax evasion by clamping down on firms, which take advantage of regulations for cooperatives to avoid paying taxes.

Sat, 07 Jul 2018 19:53:45 GMT

May gets support from government on plan for Brexit

The UK Prime Minister Theresa May won a cabinet agreement for her plan to quit the European Union, overcoming rifts among ministers to get support for proposal aimed to spur Brexit negotiations.

Sat, 07 Jul 2018 19:16:15 GMT

Orange open to France's telecom tie-up negotiations, not instigator

France's telecoms firms Orange was open to discussing possible tie-ups with other operators in home market, but is unlikely to be the consolidation instigator in the sector, the company's Financial Chief stated.

Sat, 07 Jul 2018 19:11:02 GMT

NATO, German officials wary of Trump-Putin meeting

Germany's lawmakers were increasingly concerned that the US President Donald Trump could take actions at the summit with Russia's President Vladimir Putin, which would be not coordinated with the NATO.

Sat, 07 Jul 2018 18:31:36 GMT

Chile government to raise 2018 growth forecast

Chilean government is set raise the estimate for this year's economic growth from 3.5%, as the country's economy expanded 4.7% in the five-month period, the Finance Minister stated.

Sat, 07 Jul 2018 18:26:07 GMT

IMF Lagarde: EZ budget to be conditional over discipline

Christine Lagarde, the IMF Managing Director, stated that a proposed budget for the Euro zone could be conditional so that it is not a transfer of rich countries' cash to poorer members.

Sat, 07 Jul 2018 17:24:49 GMT

Soybean features show record increase

Soybean futures, which plummeted over the past months, when the US-China trade tensions escalated, showed a record-high growth, as promised tariffs were imposed.

Sat, 07 Jul 2018 17:11:20 GMT

Elliott to take control of soccer club AC Milan

Elliott Management is expected to take control of Italy's soccer team AC Milan, as its Chinese owner failed to repay the debt owed to the US investor by deadline, according to sources familiar with the matter.

Sat, 07 Jul 2018 14:51:27 GMT

BP front-runner to purchase US shale unit of BHP

BP emerged as the front-runner to purchase BHP Billiton's onshore gas and oil operations in the US, according to a source familiar with the matter.

Sat, 07 Jul 2018 14:51:02 GMT

Asiatravel.com stops trading amid going concern risk

Asiatravel.com Holdings announced the decision to suspend trading of the company's shares, as auditors flagged the ability to continue operating as going concern.

Sat, 07 Jul 2018 14:32:44 GMT

China to stick to path of opening markets, reform

China is set to keep the path of opening the country's markets and other reforms that would lift its expansion, Premier Li Keqiang stated after Beijing and the Washington slapped tariffs on each others' imports worth $34B.

Sat, 07 Jul 2018 14:26:46 GMT

Twitter suspends more than 70M accounts in two months

Twitter suspended over one million accounts per day in recent two months to diminish the flow of misinformation published on the platform, report by the Washington Post stated.

Sat, 07 Jul 2018 12:51:24 GMT

Iranian oil minister calls Trump's statement insulting

The oil minister of Iran on Saturday announced that Donald Trump has insulted OPEC by stating that the organization should increase oil production.

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