News

Note: This section contains information in English only.
Sun, 10 Sep 2017 08:03:07 GMT

China's CEFC to buy 14.16% stake in Russian Rosneft for $9.1B

China's oil company CEFC plans to buy a stake of 14.16% in Russia's oil firm Rosneft for a total value of $9.1B after the US imposes new sanctions on Russia.

Sun, 10 Sep 2017 06:50:21 GMT

Apple to release iPhone X

Sources close to the matter reported on Saturday that Apple's brand-new smartphone would be called iPhone X.

Sun, 10 Sep 2017 06:50:10 GMT

Turkey issues warning for Turkish citizens living in Germany

The Turkish Foreign Minister cautioned Turkish citizens living in Germany to take care during the election cycle, citing rising racism.

Sun, 10 Sep 2017 06:22:53 GMT

US Undersecretary of State to meet Russian Deputy Foreign Minister

The US Department of State reported that the US Undersecretary of State Thomas Shannon would meet Russia's Deputy Foreign Minister Sergei Ryabkov on September 10-12 in Helsinki.

Sun, 10 Sep 2017 06:16:03 GMT

Mexico earthquake death toll rises to 90

The death toll from the 8.2-magnitude earthquake that hit Mexico on Thursday rose to at least 90, according to local media.

Sun, 10 Sep 2017 04:53:26 GMT

North Korea's leader holds celebration for nuclear scientists

The leader of North Korea Kim Jong Un hosted a celebration for nuclear scientists who directed and oversaw its largest nuclear test last week, the country's news agency reported.

Sun, 10 Sep 2017 04:47:15 GMT

Rohingya insurgents introduce temporary ceasefire to help humanitarian crisis

Arakan Rohingya Salvation Army declared a one-month unilateral ceasefire from this Sunday to enable humanitarian aid groups to provide assistance in northwest Myanmar.

Sun, 10 Sep 2017 04:06:18 GMT

China aims to limit $3T shadow banking industry

In order to deal with the fast growing $3T shadow banking industry, Chinese regulators ordered trust companies to strengthen their compliance practices and increase transparency.

Sun, 10 Sep 2017 03:53:52 GMT

China conducts research on when to stop production, sales of fuel cars

China began studies to determine a timeline for when to halt the production and sale of diesel and petrol cars, as reported by the Chinese news agency Xinhua.

Sun, 10 Sep 2017 02:50:19 GMT

Egypt DM to visit South Korea on military cooperation

Sedqi Sobhi, the Egyptian Defence Minister, is set to visit South Korea to negotiate over security and military cooperation between both countries.

Sun, 10 Sep 2017 02:50:09 GMT

Turkey's Erdogan and Trump accept ties' strengthening amid tension

The US President Donald Trump and his Turkish counterpart Tayyip Ergodan agreed to proceed on work towards stronger regional security and ties.

Sun, 10 Sep 2017 02:32:29 GMT

Russian, US diplomatic officials to met in Helsinki

Thomas `Shannon, the US Undersecretary of State, and Sergey Ryabkov, the Russian Deputy FM, are set to meet in Helsinki to discuss areas of bilateral cooperation and concern.

Sun, 10 Sep 2017 02:31:19 GMT

EU condemns Trump's economic policy

The EU economic and financial committee criticised Donald Trump's economic policy, being worried that the President's efforts to increase protectionism could threaten global economy.

Sat, 09 Sep 2017 20:03:23 GMT

Kosovo's new PM pledges to continue dialogue with Serbia and end corruption

The newly-elected Prime Minister of Kosovo Ramush Haradinaj pledged to continue a constructive dialogue with Serbia, as well as stop 'endemic corruption' in local institutions.

Sat, 09 Sep 2017 20:02:39 GMT

US Undersecretary to meet Russian Deputy Foreign Minister in Helsinki

The US Undersecretary of State Thomas Shannon is to meet the Russian Deputy Foreign Minister Sergei Ryabkov during his visit in Helsinki on September 10-12.

Sat, 09 Sep 2017 19:01:55 GMT

GSAM's CEO says private investment boosts sovereign wealth funds

The CEO of Goldman Sachs Asset Management Sheila Patel said that private market investments helped to realise the potential of emerging markets, thus boosting SWF's portfolios.

Sat, 09 Sep 2017 18:59:50 GMT

Reuters: Brazil's prosecutor requests arrest of billionaire Batista

According to Reuters, Brazil's Prosecutor-General Rodrigo Janot requested on Friday the arrest of billionaire Joesley Batista and the former CEO of J&F Investimentos Ricardo Saud.

Sat, 09 Sep 2017 18:01:27 GMT

Saudi Arabia says its economic reform on track despite few adjustments

The government of Saudi Arabia informed investors on Saturday that the country's economic reform program Vision 2030 was on track in spite of few adjustments.

Sat, 09 Sep 2017 17:59:16 GMT

Macron discusses North Korea with Trump, Abe

The French President Emmanuel Macron confirmed on Saturday that he had discussed North Korea with the US President Donald Trump and the Japanese PM Shinzo Abe.

Sat, 09 Sep 2017 17:01:51 GMT

Germany's minister says EU should create standardised asylum system

The German Interior Minister Thomas de Maiziere said on Saturday that the EU should harmonise its asylum system across the region due to massive differences in standards.

Sat, 09 Sep 2017 16:59:31 GMT

AstraZeneca's chief will not sign UK government letter due to slow Brexit progress

The CEO of AstraZeneca Pascal Soriot said he could not show public support for the British government due to the slow progress of Brexit negotiations.

Sat, 09 Sep 2017 16:18:56 GMT

European countries insist on revenue tax for digital giants

Italian, Spanish, French and German Financial Ministers stated that countries want digital multinationals to be taxed on their revenues in Europe, rather than solely profits.

Sat, 09 Sep 2017 16:18:04 GMT

German Greens refuse three-way coalition

German environmentalist Greens have ruled out a three-way coalition with the pro-business FDP and Chancellor Merkel's conservatives after the upcoming Election on September 24.

Sat, 09 Sep 2017 15:09:45 GMT

Palestine to strengthen ties with Egypt

The new leader of Palestine's Islamist group Haniyeh has arrived in Cairo to hold the talks with Egypt's Senior officials to strengthen ties between two countries. 

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