Search results for: global

Singapore's CPI inflation hits nine-month low

-- March 25, 2019 14:51:50

The core inflation rate of Singapore eased to a nine-month low in February, reinforcing expectations that the central bank will keep monetary policy unchanged when it meets next month. The core infla...

Britain's financial sector has 'gloomiest outlook' since 2008

-- March 25, 2019 13:41:06

Optimism about the business outlook among Britain’s financial services firms has fallen at its fastest rate since the 2008 financial crisis amid concerns about Britain’s exit from the Euro...

Indian shares slip; financials top drag

-- March 25, 2019 12:35:31

Indian shares slipped on Monday tracking Asian peers, with banking stocks taking the brunt, as fears of recession in the United States intensified. Concerns about the health of the world economy heig...

Asian shares fall; Nikkei tumbles

-- March 25, 2019 12:26:44

Asian shares fell on Monday after Wall Street ended last week with a broad retreat, while Thailand’s market saw a moderate loss following the general election. Japan’s Nikkei 225 stock in...

Mali president disbands vigilante group after Fulani massacre

-- March 25, 2019 11:27:49

Mali’s President Ibrahim Boubacar Keita sacked and replaced two generals and disbanded an anti-jihadi vigilante group on Sunday, a day after gunmen massacred 134 Fulani herders in the country&rs...

Caravan of 1,200 migrants in Mexico begins moving towards US

-- March 25, 2019 11:03:19

A caravan of some 1,200 migrants from Central America and Cuba began moving towards the US border from southern Mexico this weekend, migration authorities said on Sunday. The National Migration Insti...

New Zealand PM says will travel to China to meet Xi

-- March 25, 2019 10:51:47

New Zealand’s Prime Minister Jacinda Ardern said on Monday she will travel to China at the end of the week for a meeting with Chinese President Xi Jinping, amid concerns of strained relations be...

China 'confident' of achieving key 2019 economic targets

-- March 24, 2019 15:11:30

China’s economy may face a more challenging environment this year but the government is nevertheless confident of achieving its key 2019 targets, Vice Premier Han Zheng said on Sunday. Han, spe...

Mali gunmen kill at least 134 Fulani herders as UN visits

-- March 24, 2019 12:10:54

Gunmen killed at least 134 Fulani herders in central Mali on Saturday, a local mayor said, the deadliest such attack of recent times in a region reeling from worsening ethnic and jihadist violence. T...

Mexico detains over 100 Central American migrants

-- March 24, 2019 11:39:53

Mexican police and federal officials on Saturday detained 107 Central American migrants seeking to enter the United States in the border city of Reynosa, the government of the northeastern state of Ta...

Al Shabaab car bomb blast rocks Somali ministry building

-- March 23, 2019 15:32:39

Central Mogadishu was shaken on Saturday by a car bomb blast at a government ministry building, with Islamist group al Shabaab claiming responsibility for the attack in the Somali capital. “The...

US-backed forces in Syria declare victory over IS

-- March 23, 2019 13:42:24

Islamic State has been defeated at its final shred of territory of Baghouz in Syria, the US-backed Syrian Democratic Forces (SDF) said on Saturday, announcing the end of its self-declared ‘calip...

US budget deficit reaches record $234b in Feb

-- March 23, 2019 11:02:17

The US federal budget deficit reached 234 billion US dollars in February, the biggest budget deficit on record for the month, the Treasury Department said Friday. The figure is 8.7 per cent up from t...

World stocks fall amid slowdown fears

-- March 23, 2019 10:54:52

Markets in the UK and US have tumbled with analysts attributing the drop to growing fears of a global slowdown. The FTSE 100 saw its worst day of trading this year, closing 2% lower. In the US, the t...

US stocks tumble as weak factory data fuels slowdown worries

-- March 23, 2019 10:46:32

Wall Street’s main indexes tumbled about 2.0 per cent on Friday after a raft of weak manufacturing data from the US and Europe led to an inverted yield curve, stoking fears of an economic slowdo...

26 die in China tour bus fire

-- March 23, 2019 10:44:53

Twenty six people were killed after a tour bus in which they were travelling caught fire in central China’s Hunan Province on Friday, local authorities said. The 28 injured in the incident were...

Special counsel Mueller delivers Trump-Russia report

-- March 23, 2019 10:25:18

Special Counsel Robert Mueller has submitted his long-awaited report on alleged collusion between Russia and President Donald Trump's 2016 campaign. The Attorney General William Barr will now summari...

Indian shares edge down on profit booking

-- March 22, 2019 14:39:14

Indian shares edged down on Friday as investors sold to benefit from recent gains, with losses in energy stocks outweighing gains in index heavyweights such as Larsen and Toubro. The broader NSE inde...

Bank of England holds interest rates steady

-- March 22, 2019 13:48:40

The Bank of England (BOE), the central bank of the country, on Thursday held the bank interest rate unchanged at 0.75 per cent. The lender said in its March Monetary Policy Committee (MPC) report r...

Asian stocks stumble on trade worries

-- March 22, 2019 11:40:21

Asian markets were mostly lower on Friday as caution set in ahead of US-China trade talks in Beijing next week. The Shanghai Composite index gave up 0.8 per cent to 3,077.56 and Hong Kong’s Han...

Asian shares rise on Fed dovishness; growth concerns linger

-- March 21, 2019 14:16:02

Shares in Asia rose on Thursday after the US Federal Reserve abandoned forecasts for any interest rate hikes this year, but concerns over US-China trade talks and slowing global growth continued to we...

Brexit: Labour’s Corbyn to discuss ‘alternative’ plan with EU

-- March 21, 2019 12:35:51

British Labour leader Jeremy Corbyn will travel to Brussels on Thursday to discuss an ‘alternative’ Brexit plan with European Union (EU) leaders, including the bloc’s chief negotiato...

Australian unemployment rate hits eight-year low

-- March 21, 2019 12:34:29

Australia’s jobless rate fell to a near eight-year low in February as a bumper run in employment extended, sending the local dollar sharply higher on expectations the country’s central ban...

NZ GDP grows 0.6pc in December 2018 quarter

-- March 21, 2019 11:41:11

New Zealand's gross domestic product (GDP) grew 0.6 per cent over the year in the December 2018 quarter, Statistics New Zealand (Stats NZ) figures showed on Thursday. "Growth in this quarter was led...

Tariffs on Chinese goods may stay for ‘substantial period’: Trump

-- March 21, 2019 10:56:13

US President Donald Trump warned on Wednesday that the United States may leave tariffs on Chinese goods for a ‘substantial period’ to ensure that Beijing complies with any trade agreement....

Indian shares pause for cues

-- March 20, 2019 13:49:39

Indian were largely unchanged on Wednesday as investors looked for further cues before taking bets, with gains in IT and financials countering losses in consumer and energy scrips. The broader NSE in...

May to request short delay to Brexit: Sky

-- March 20, 2019 13:08:38

British Prime Minister Theresa May will request a short delay to Brexit in a letter to the European Union on Wednesday, Sky cited an unidentified senior government source as saying. The delay, nearly...

Australia cuts annual intake of immigrants by 15pc

-- March 20, 2019 12:32:22

Australia cut its annual intake of immigrants by nearly 15 per cent on Wednesday, and barred some new arrivals from living in its largest cities for three years, in a bid to ease urban congestion. Pr...

Asian shares trend lower

-- March 20, 2019 12:08:28

Asian share markets are mostly lower after a lackluster day of trading on Wall Street. Mixed signals on the progress of China-US trade talks also revived caution in Chinese markets. The Shanghai Comp...

France reduces 2019 growth target

-- March 20, 2019 11:03:05

France has reduced its economic growth target for this year to 1.4 per cent from 1.7 per cent after the "Yellow Vest" protest movement severely impacted the country's economy. "What's obvious is that...