Search results for: global

Oracle Corporation’s earning per share rises by 18pc

FE Online Desk December 19, 2018 13:41:04

Oracle Corporation (NYSE: ORCL) announced fiscal 2019 Q2 results on Tuesday. Total Revenues were unchanged at $9.6 billion and up 2% in constant currency, compared to Q2 last year. Total Cloud Servic...

Japan posts goods trade deficit of $6.56b in Nov

-- December 19, 2018 12:31:05

Japan logged a goods trade deficit in November, the government said in a report on Wednesday. According to the Finance Ministry, the country posted a goods trade deficit of 737.3 billion yen (6.56 bi...

Indian drug regulator to test samples of J&J baby powder

-- December 19, 2018 12:24:04

India’s federal drug regulator will seize samples of Johnson & Johnson’s baby powder for testing on Wednesday, local media said, following a Reuters report that the company knew for de...

Nikkei hits near nine-month low

-- December 19, 2018 12:18:13

Japan’s Nikkei fell over 1.0 per cent on Wednesday to its lowest level in nearly nine months amid caution ahead of the US Federal Reserve’s upcoming policy decision. After swerving in and...

Asian stocks see mixed

-- December 19, 2018 12:13:07

Asian stocks were mixed on Wednesday, as traders mulled over the Federal Reserve’s interest rate decision and weaker-than-expected Japanese trade data. Japan’s Nikkei 225 index fell 0.4 p...

Facebook removes hundreds of accounts over Myanmar army links

-- December 19, 2018 11:47:45

Facebook Inc has removed hundreds of additional accounts, pages and groups in Myanmar from its social networks after discovering what it called “coordinated inauthentic behaviour” and link...

Brazil arrests 50 cops over ‘drug gang links’

-- December 19, 2018 11:10:56

More than 50 police officers who patrolled the same area at Sao Paulo in Brazil were arrested on Tuesday, accused by state prosecutors of taking bribes from Brazil’s largest drug gang to allow i...

Mexico recovers bodies of two Honduran migrant youths

-- December 19, 2018 10:53:26

The bodies of two slain Honduran migrant youths were found in the Mexican border city of Tijuana over the weekend, officials said on Tuesday, in a sign of the dangers facing Central Americans in Mexic...

Trump warns Federal Reserve against 'another mistake'

-- December 18, 2018 20:18:18

US President Donald Trump has warned the Federal Reserve not to “make yet another mistake” ahead of an expected interest rate hike. Trump made the remarks on twitter on Tuesday to put pre...

S Korean fire dept recovers bodies of three teens from motel

-- December 18, 2018 14:27:26

South Korean fire department officials say three teenage boys were presumed dead and seven other boys were being treated for injuries after they were found unconscious at a motel in the seaside town o...

UK economy likely to hit nine-year low

-- December 18, 2018 14:07:07

British economic growth this year and in 2019 looks set to be the nine years low, due to a freeze in business investment and weak consumer demand ahead of Brexit, the BCC said. The British Chambers o...

EC asks Italy to cut €2.5-3b to clear budget with EU

-- December 18, 2018 13:53:33

The European Commission (EC) has asked Italy for a further €2.5 billion-€3 billion ($3.40 billion) in savings before approving the country’s 2019 budget, Corriere della Sera daily r...

US petroleum exports jumps in recent years: EIA

-- December 18, 2018 13:34:47

The petroleum exports of United States have increased in recent years, the US Energy Information Administration (EIA) said in a report on Monday. The EIA said in its latest Petroleum Administratio...

Indian shares break five-day rally

-- December 18, 2018 13:27:31

Indian shares halted their five-day rally on Tuesday, amid concerns that global economic growth was weakening and as investors booked profits after five straight days of gains. The losses came as inv...

Court frees Salvadoran woman jailed under anti-abortion laws

-- December 18, 2018 12:36:41

A Salvadoran woman accused of the attempted murder of her newborn baby under the country’s strict abortion laws after she was raped by her stepfather was freed by a court on Monday after more th...

Asian shares follow Wall Street lower

-- December 18, 2018 11:59:39

Asian stocks slipped on Tuesday, tracking losses on Wall Street as traders braced for an interest rate hike by Federal Reserve. Japan’s Nikkei 225 index was 1.2 per cent lower at 21,242.66 and...

Russia ‘used social media for widespread meddling in US politics’

-- December 18, 2018 11:23:33

Russian interference in the 2016 US presidential election on social media was more widespread than previously thought and included attempts to divide Americans by race and extreme ideology, said repor...

Euro rebounds ahead of Fed meeting

-- December 17, 2018 19:00:00

The euro recovered nearly half a per cent from recent lows on Monday as the dollar slipped, with traders reluctant to push the US currency much higher before the Federal Reserve’s policy meeting...

Mideast stocks eke out some gains in early trading

-- December 17, 2018 15:41:58

Mideast stocks eked out some gains in early hours of trading on Monday, while Saudi Arabia’s stock rose, boosted by petrochemical shares. However, Qatar fell as most of its banks slipped. Oil p...

Car blast claims nine lives in Syrian city near Turkey border

-- December 17, 2018 15:06:02

At least nine people were killed when a car bomb exploded in a vegetable market in the northwest Syrian city of Afrin, in the latest such attack in towns under control of Turkey-backed rebel groups, w...

Canada gets consular access to second man detained in China

-- December 17, 2018 14:55:33

Canadian diplomats gained consular access on Sunday to the second of two men detained by China over the past week, Canada’s foreign ministry said in a statement that gave few details, as China s...

Mexico launches $7.4bn Tren Maya railway project

-- December 17, 2018 13:42:05

Mexican President Andrés Manuel López Obrador has launched the Maya Train - an ambitious project to build a railway through five south-eastern states. At an indigenous ceremony near the...

Singapore's NODX declines by 2.6pc in Nov

-- December 17, 2018 13:22:05

The total non-oil domestic exports (NODX) of Singapore declined by 2.6 per cent in November from the high base a year ago, after the recalculated 8.2 per cent year-on-year growth in October. Accordin...

1984 Sikh riots: Indian Congress leader Sajjan Kumar gets lifer

-- December 17, 2018 13:06:40

An Indian court has sent a senior Congress party politician to jail for life in what is being seen as the most important conviction so far over the anti-Sikh riots of 1984. Sajjan Kumar was found gui...

Explosion near Greece’s SKAI TV smashes windows

-- December 17, 2018 11:14:22

A device exploded near the premises of SKAI TV in Athens early on Monday, smashing windows and causing extensive damage to the building but no injuries. Police said a makeshift explosive device went...

SE Asian stocks edge down after China data

-- December 17, 2018 11:07:27

Southeast Asian stocks edged down on Monday as risk appetite was curbed after poor economic data from China. Singaporean shares shook off losses from the previous session as investors sought bargains....

Aussie lawmaker quits over ‘website date’ on Hong Kong trip

-- December 17, 2018 11:03:30

An Australian government lawmaker on Monday resigned from Cabinet over a media report he used a website to meet a younger woman while on a Hong Kong work trip — overshadowing the government post...

Asian shares inch up ahead of Fed meeting

-- December 17, 2018 10:40:18

Asian shares inched up Monday on hopes that the Federal Reserve would re-evaluate its hawkish stance at a meeting later this week, following signs of slower global growth. Japan’s Nikkei 225 in...

Saudi Arabia condemns US Senate’s ‘interference’

-- December 17, 2018 10:32:55

Saudi Arabia has denounced US Senate resolutions to end US military aid for a Riyadh-led war in Yemen and to blame the country's crown prince for the murder of journalist Jamal Khashoggi. The Saudi f...

A review of China-US trade war in 2018

-- December 16, 2018 17:45:43

There is no doubt that the China-US trade war was one of the biggest stories of 2018. The tit-for-tat tariffs levied between the world's two largest economies have put the global supply chain and trad...