News

Note: This section contains information in English only.
Mon, 17 Jul 2017 14:25:52 GMT

BlackRock Q2 profit surges 8.6%

The world's giant asset manager BlackRock posted an 8.6% jump to $857M in its Q2 profit on Monday that rose on the back of the company's higher fees.

Mon, 17 Jul 2017 13:31:58 GMT

EU imposes sanctions on 16 Syria's officials over gas attack

The European Union put sanctions on 16 Syrian military officials and scientists on Monday following the suspicion of their involvement in the chemical gas attack in April.

Mon, 17 Jul 2017 13:22:26 GMT

17 soldiers wounded amid bomb blast in Southeast Turkey

On Monday, a bomb blast planted by PKK militants hit Turkish military vehicle, leaving 17 soldiers wounded in the Southeast Turkey.

Mon, 17 Jul 2017 12:34:43 GMT

Chinese Lufax to debut with first overseas platform in Singapore

On Monday, China's online wealth management company Lufax stated it was eager to launch its first international platform in Singapore, trying to upstage neighbouring Hong Kong.

Mon, 17 Jul 2017 12:19:46 GMT

Ex-Visa CEO Scharf becomes BNY Mellon director

The Bank of New York Mellon appointed the former head of Visa Charles Scharf as its CEO on Monday following the replacement of Gerald Hassell, who would be serving as board's chairman until December 31.

Mon, 17 Jul 2017 10:59:29 GMT

Next Digital to sell its five magazines for $64M

Hong Kong's media firm Next Digital announced on Monday about its intention to sell its five magazines, including the flagship one, to a local entrepreneur for the price of $64.08M.

Mon, 17 Jul 2017 10:59:19 GMT

Jordan soldier jailed for life over US trainers murders

On Monday, a Jordanian soldier was sentenced to life in prison with hard labour for killing the US military trainers at the major air base in 2016.

Mon, 17 Jul 2017 10:21:45 GMT

Pakistan's PM trial begins

The Supreme Court of Pakistan on Monday started the hearing, which will set the future of the Prime Minister Nawaz Sharif.

Mon, 17 Jul 2017 10:21:18 GMT

US tech firms urge for net neutrality

Major US tech firms have created a group, which has begun lobbying the US government to stop the plans for the reversal of the 2015 internet service rules.

Mon, 17 Jul 2017 09:23:33 GMT

UK and EU negotiators trigger Brexit first round

On Monday, the British and European Union's Brexit negotiators launched the first round of talks over UK's withdrawal from the bloc at the official meeting in Brussels.

Mon, 17 Jul 2017 09:13:34 GMT

Turkey arrests 115 more suspects in post-coup crackdown

According to the Anadolu news agency, Turkey detained 127 suspects, including midwives, businessmen and journalists, who were presumably linked to the failed last year's military coup.

Mon, 17 Jul 2017 08:31:26 GMT

Kurdish security official claims Islamic State leader alive

A senior Kurdish counter-terrorism official claimed on Monday he was 99% sure that the leader of the IS Abu Bakr al-Baghdadi was alive following the new received information and after confirmed reports on his death.

Mon, 17 Jul 2017 08:16:32 GMT

Mazda revokes 19K more cars in South Africa over airbags

On Monday, Mazda Motor announced about calling off additional 19K vehicles in South Africa amid presumably defective airbags as Japan's automaker extended its global recall.

Mon, 17 Jul 2017 07:33:54 GMT

France's Worldline to acquire Digital River World Payments

France's payments firm Worldline came to an agreement to buy the Swedish company Digital River World Payments; however, declined to disclose the price of a deal.

Mon, 17 Jul 2017 07:16:10 GMT

Telegram to shut down terrorist-related public channels

The message service Telegram is willing to shut all public channels that are related to terrorists after the Indonesian government banned access to the messaging platform on the ground of security concerns.

Mon, 17 Jul 2017 06:34:42 GMT

Dubai-based Careem acquires stake in Egypt's transport start-up

The Dubai-based ride-hailing company Careem bought a minority stake in an Egyptian transport start-up that connected commuters with the Cairo private buses.

Mon, 17 Jul 2017 06:25:23 GMT

Uber to cease operations in Macau

On Monday, Uber announced about suspension of its operations in Macau, starting from July 22 amid inability to secure business environment and unlock all the benefits of a ride-sharing service.

Mon, 17 Jul 2017 05:00:20 GMT

Lloyd's: global cyber attack to trigger $53B of losses

In a report released on Monday, Lloyd's of London said a hypothetical global cyber attack could spur a total of $53B in economic losses.

Mon, 17 Jul 2017 04:59:36 GMT

P&G to face biggest proxy fight

According to people with knowledge on the matter, Nelson Peltz is set to start a fight for a seat in P&G's board in an attempt to jolt the US-based consumer goods corporation.

Mon, 17 Jul 2017 04:15:24 GMT

Australia to respond to "terrorist incidents" much quicker

Under the government's proposed law changes, Australian military forces are supposed to respond to "terrorist incidents" as soon as such incident is declared.

Mon, 17 Jul 2017 04:14:55 GMT

UAE urges for international monitoring of Qatar dispute

The UAE Minister of Foreign Affairs Anwar Gargash said the state wanted to see a "regional solution" and international monitoring of the Qatar-Gulf crisis.

Mon, 17 Jul 2017 02:53:27 GMT

China's retail sales rise unexpectedly in June

On a yearly basis, Chinese retail sales surged 11.0% in June, while economists anticipated it to decline to 10.6% in the reported month.

Mon, 17 Jul 2017 02:14:22 GMT

China GDP increase 6.9% in Q2

China's GDP rose 6.9% year-over-year in the second quarter, beating expectations for a 6.8% reading, the country's National Bureau of Statistics revealed.

Mon, 17 Jul 2017 02:02:25 GMT

Argentina, Egypt discuss enhancing trade, economic cooperation

Argentina and Egypt discussed ways to boost bilateral trade and economic cooperation, as the countries marked the 70th anniversary of their diplomatic relations.

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