Loading...

Search results for: global

15 die as truck falls off cliff in Philippines

-- September 17, 2019 14:22:01

Philippine police say at least 15 villagers were killed and several others injured when the truck they were riding in lost control and fell off a cliff in a remote mountain village in the country&rsqu...

ADB President Takehiko Nakao announces resignation

Xinhua September 17, 2019 13:52:42

Takehiko Nakao announced his resignation on Tuesday as the president of the Asian Development Bank (ADB), effective Jan. 16, 2020. Nakao assumed office as the bank's president on April 28, 2013.

US reaches trade deals with Japan

Reuters September 17, 2019 13:23:39

US President Donald Trump said on Monday Washington had struck trade agreements with Tokyo that could be implemented without congressional approval, but stopped short of assuring Japan that new tariff...

Trump says he doesn’t want war after Saudi oil plant attack

-- September 17, 2019 11:17:30

US President Donald Trump said on Monday it looked like Iran was behind attacks on oil plants in Saudi Arabia but stressed he did not want to go to war, as the attacks sent oil prices soaring and rais...

There will be no Rouhani-Trump meeting at UN: Iran

-- September 16, 2019 13:20:20

Iran said on Monday there would be no meeting between Iranian President Hassan Rouhani and his US counterpart Donald Trump at the United Nations, Iranian state television reported, after the White Hou...

Dozens feared dead in DR Congo boat accident

-- September 16, 2019 12:24:49

At least 34 people are feared drowned after a boat sank on the River Congo. Police said 76 passengers were rescued from the whaleboat - a flat-bottomed vessel used to transport people on lakes and ri...

UK will reject Brexit delay, Johnson to tell Juncker

-- September 16, 2019 12:07:56

The UK is not prepared to postpone Brexit beyond the current 31 October deadline, Boris Johnson is to tell European Commission President Jean-Claude Juncker at talks on Monday. The lunchtime meeting...

Pound climbs to highest level since July

-- September 15, 2019 16:33:47

The pound has hit its highest level against the dollar since July in Britain amid hopes a no-deal Brexit can be avoided. Sterling jumped more than 1 per cent on Friday to over $1.24 against the dolla...

Saudi stocks plunge after attack on oil plants

Reuters September 15, 2019 14:02:39

Saudi stocks .TASI opened 2.3 per cent lower on Sunday, reacting to news of attack on two plants at the heart of the kingdom’s oil industry on Saturday, knocking out more than half Saudi output....

Voting begins in Tunisian presidential poll

-- September 15, 2019 13:59:04

Tunisians began casting votes in an unpredictable presidential election on Sunday where there is no overwhelming front-runner, with the young democracy’s economic ills dominating the agenda. Po...

Taliban revoke ban on Red Cross

-- September 15, 2019 12:48:19

The Taliban on Sunday revoked their ban on the International Committee of the Red Cross (ICRC) in Afghanistan and gave a guarantee of security for its staff doing humanitarian work in areas under thei...

Osama bin Laden's son Hamza killed in US raid, Trump says

-- September 15, 2019 11:39:10

Hamza bin Laden, a son of slain al Qaeda leader Osama bin Laden and himself a notable figure in the militant group, was killed in a US counterterrorism operation, President Donald Trump said on Saturd...

Fires from drone attacks on Aramco oil plants ‘under control’

-- September 14, 2019 12:07:46

Drone attacks on two Saudi Aramco factories in Abqaiq and Khurais provinces on Saturday sparked fires that the state oil company brought under control, the Saudi interior ministry spokesman said witho...

Erdogan says will discuss buying US Patriot missiles with Trump

-- September 14, 2019 10:46:09

Turkish President Tayyip Erdogan said he will discuss buying US Patriot missiles with President Donald Trump this month, saying his personal bond with the US leader could overcome a crisis caused by A...

US, China tariffs could lower global GDP in 2020: IMF

-- September 13, 2019 21:53:52

Tariffs imposed or threatened by the United States and China could shave 0.8 per cent off global economic output in 2020 and trigger more losses in future years, the International Monetary Fund said o...

German economy not heading for pronounced recession: Ministry

-- September 13, 2019 21:15:08

Europe's largest economy is not facing a bigger downturn or a pronounced recession after contracting slightly in the second quarter but there are no signs of a turnaround yet either, the German Econom...

ECB cuts deposit rate and restarts asset purchase programme

Xinhua September 13, 2019 17:11:02

The European Central Bank (ECB) on Thursday announced its key policy decisions to cut the deposit rate by 10 basis points to minus 0.50 per cent and to restart net purchases under its asset purchase p...

Japan Aug exports seen in sharpest fall in three years

-- September 13, 2019 11:44:10

Japan’s exports likely contracted at the fastest pace in more than three years in August, a Reuters poll showed on Friday. Adding to the challenges policymakers face, Japan’s core consume...

Climate crisis could see collapse of some economies: UN

-- September 12, 2019 12:20:53

United Nation’s trade chief has said climate change poses an “existential threat to commodity-dependent developing countries” and highlighted the need to diversify economies and expo...

Hong Kong Exchanges bids $39b to take over London Stock Exchange

-- September 11, 2019 18:06:47

Hong Kong Exchanges and Clearing has made an unsolicited $39 billion takeover bid for the London Stock Exchange, an offer contingent on the LSE ditching its acquisition of data company Refinitiv, repo...

Trudeau kicks off tough re-election campaign

-- September 11, 2019 12:15:47

Canadian Prime Minister Justin Trudeau, admired abroad for his progressive policies but damaged by scandals at home, kicks off a six-week re-election campaign on Wednesday with opinion polls suggestin...

Trump fires national security adviser John Bolton

-- September 11, 2019 10:45:07

US President Donald Trump abruptly fired his national security adviser John Bolton amid disagreements with his hard-line aide over how to handle foreign policy challenges such as North Korea, Iran, Af...

WeWork IPO valuation likely below $20 billion, clouding SoftBank’s vision

-- September 10, 2019 20:29:01

WeWork owner The We Company is weighing slashing the valuation of its forthcoming IPO to below $20 billion, two sources said, in the latest headwind for leading shareholder SoftBank Group whose key gr...

Ford makes big electric push in Europe with new launches

-- September 10, 2019 19:45:40

Ford Motor Co said on Tuesday it would launch eight electric vehicles in Europe this year, a key step in its target of achieving a majority of its overall sales from electric cars by the end of 2022,...

White House adviser urges patience in US-China trade talks

-- September 10, 2019 19:07:39

White House adviser Peter Navarro on Tuesday called for investors, the public and others to be patient ahead of key US-China trade negotiations planned for next month between top officials in Washingt...

Bengaluru Goldman official swindled 380 million to pay off poker debt

-- September 10, 2019 18:41:39

A senior executive of global investment firm Goldman Sachs was arrested in Bengaluru on Tuesday for allegedly swindling the firm of Rs. 380 million to overcome financial losses while playing an online...

RBI external benchmark for bank loans credit negative: Moody’s

-- September 10, 2019 17:19:25

Moody’s Investor Service on Tuesday said the RBI’s mandate on aligning commercial bank floating loan rates to the external benchmark from next month is credit negative for Indian banks, re...

SoftBank urges WeWork to shelve IPO over valuation concerns

-- September 10, 2019 16:25:50

SoftBank Group, a leading shareholder in the holding company of US office-sharing startup WeWork, has urged it to shelve a planned IPO on concerns over the valuation, the Financial Times reported on M...

Nissan CEO resigns after admitting he was overpaid

-- September 10, 2019 15:46:25

Nissan CEO Hiroto Saikawa has resigned, dealing a new blow to the Japanese carmaker as it struggles to recover from the ousting of Carlos Ghosn last November, reports CNN Business. The company’...

Nikkei ends at six-week high

-- September 10, 2019 15:19:50

Tokyo shares closed higher Tuesday, with the benchmark Nikkei stock index ending at a six-week high as investor sentiment was bolstered by the yen's retreat against the US dollar. The 225-issue Nikke...