News

Note: This section contains information in English only.
Wed, 26 Jun 2019 09:48:52 GMT

British banks resume Hard Brexit preparations

On Wednesday, the consulting firm Ernst & Young announced that various British banks have resumed the preparations for a Hard Brexit scenario.

Wed, 26 Jun 2019 09:41:09 GMT

US wants to restart trade talks

On Wednesday, US officials announced that the US government hopes to re-start trade talks with China. The announcement was made after the leaders of the two countries met in Japan.

Wed, 26 Jun 2019 09:34:30 GMT

Alibaba launches Tmall website

On Wednesday, Alibaba launched an English language website for the holding's Tmall marketplace. The company intends to attract additional 20,000 brands to the e-commerce marketplace.

Wed, 26 Jun 2019 07:56:06 GMT

US launches $50B economic formula for Mideast peace

The White House senior adviser Jared Kushner opened a two-day international meeting in Bahrain to rally support for $50 billion economic formula for the Palestinian-Israeli peace plan.

Wed, 26 Jun 2019 07:00:46 GMT

Oil prices surge on Wednesday

On Wednesday, crude oil prices edged higher by 1%, buoyed by concerns about the rising tensions between the United States and Iran.

Wed, 26 Jun 2019 06:01:06 GMT

Apple acquires self-driving shuttle firm Drive.ai

On Tuesday, Apple Inc confirmed the acquisition of self-driving car startup company Drive.ai, as the company is vying against rivals such as Alphabet Inc's Waymo to develop self-driving cars.

Wed, 26 Jun 2019 05:00:38 GMT

Tesla faces delivery bottleneck

Tesla Inc shares declined by 1.7% on Tuesday after a report showed that the company has only delivered forty-nine thousand cars in North America during the Q2.

Wed, 26 Jun 2019 04:00:08 GMT

Acting US Customs Commissioner resigns

According to a CBP official, the acting Customs and Border Protection Commissioner John Sanders is set to resign, as the Trump administration faces fury over the treatment of migrant children.

Wed, 26 Jun 2019 03:14:53 GMT

UK PM contender Johnson warns EU against higher tariffs

The top contender to become the next UK's Prime Minister Boris Johnson said he was ready to take UK out of the EU with or without an agreement on October 31, and he warned the EU against Napoleonic tariffs.

Wed, 26 Jun 2019 02:18:28 GMT

Hunt believes he can deliver Brexit

Jeremy Hunt, the British Foreign Secretary, said on Tuesday that he believed he can take the UK out of the European Union and unite all units of the Tory Party.

Tue, 25 Jun 2019 18:45:56 GMT

Powell comments on politics

On Tuesday, the Chairman of the Federal Reserve announced in a speech that the Fed is insulated from political pressures, as President Donald Trump has been calling for rate cuts.

Tue, 25 Jun 2019 18:03:04 GMT

Sales of new US homes decline for second straight month

According to the US Commerce Department on Tuesday, sales of new homes dropped by 7.88% in May, the lowest level since December.

Tue, 25 Jun 2019 18:02:18 GMT

EU demands details on Libra

On Tuesday, officials from various EU regulation agencies and the ECB demanded Facebook to provide more details on its announced cryptocurrency Libra.

Tue, 25 Jun 2019 17:03:46 GMT

France warns Iran not to break its nuclear commitments

On Tuesday, France's Foreign Minister Jean-Yves Le Drian warned Tehran against violating the 2015 nuclear agreement.

Tue, 25 Jun 2019 16:05:19 GMT

Mexico's National Guard not instructed to detain migrants

On Tuesday, the President of Mexico Andres Manuel Lopez Obrador stated that the country's National Guard was not instructed to detain migrants.

Tue, 25 Jun 2019 15:05:52 GMT

US stocks open flat on Tuesday

On Tuesday, Wall Street opened flat on signs that China-US trade negotiations might produce little progress, kept traders and on the sidelines.

Tue, 25 Jun 2019 13:54:34 GMT

BMW reveals new hybrid mode

On Tuesday, BMW announced that the company's new hybrid models will automatically switch to using only electric driving mode in polluted city areas.

Tue, 25 Jun 2019 12:40:39 GMT

SNB comments on Libra

Thomas Moser, who is a member of the Swiss National Bank's governing board, announced on Tuesday that the central bank is relaxed in regards to Facebook Libra project.

Tue, 25 Jun 2019 11:46:16 GMT

Iran comments on recent sanctions

On Tuesday, Iranian government announced that the recent sanctions set on the country's Supreme Leader and Foreign Minister have closed the only route to peace.

Tue, 25 Jun 2019 10:43:12 GMT

Grab invests in Splyt

The Singapore ride-hailing company Grab is investing in a London startup Splyt Technologies. Grab intends to use the partnership to expand beyond Southeast Asia.

Tue, 25 Jun 2019 10:00:20 GMT

Boris Johnson comments on Hard Brexit

On Tuesday, the favorite candidate for the chair of the British Prime Minister Boris Johnson announced that would go through with a Hard Brexit, if no deal is made with the EU until October 31.

Tue, 25 Jun 2019 07:56:34 GMT

US and China trade representatives talk

Senior US and Chinese trade representatives spoke on Monday ahead of this week's meeting between the US President Donald Trump and the Chinese President Xi Jinping at the G20 summit in Japan.

Tue, 25 Jun 2019 06:57:17 GMT

Esper heads to NATO

According to a top US official, Mark Esper, the Acting US Defense Secretary, is set to arrive NATO headquarters on Wednesday and he would update the EU allies on the growing tensions with Iran.

Tue, 25 Jun 2019 06:00:20 GMT

US imposes sanctions on Iranian supreme leader

The US President Donald Trump imposed sanctions on Iran's Supreme Leader Ayatollah Ali Khamenei and other senior Iranian officials.

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