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Search results for: global

Mizoram becomes power-surplus - 3rd in NE India

-- September 01, 2017 16:26:39

    Over two decades after it was conceptualised, the first unit of a 60 MW power plant in Mizoram began generating electricity this week -- making it the third power-surplus state in nort...

Axiata Group ratings not affected by company's acquisition of tower assets from Pakistan Mobile Com

FE Online Desk September 01, 2017 15:32:55

  S&P Global Ratings said Thursday that its rating and outlook on Malaysia-based wireless services provider Axiata Group Bhd. (BBB+/Stable/--) are not affected by the company's acquisition...

Most Asian currencies gain

-- September 01, 2017 13:33:47

Most emerging Asian currencies edged up on Friday as the dollar slipped after tepid US economic data casts doubts on whether the Federal Reserve will raise rates again this year, according to Reuters....

India likely to post stronger growth

Reuters August 31, 2017 11:51:06

India’s economy likely showed further signs of recovery in the latest quarter from a shock cash squeeze late last year, but the rebound is not expected to be strong enough to help it reclaim the...

Australia shares steady

-- August 30, 2017 17:35:32

Australia's benchmark stock index wobbled on Wednesday as a positive lead from Wall Street was offset by a plunge in shares of the country's biggest telecommunications company, Telstra. Telstra Corp'...

Thai market hits over four-year high

-- August 30, 2017 17:33:36

Thai shares hit their highest level in more than four years on Wednesday before erasing the gains to trade marginally higher ahead of the release of factory output and inflation data this week. Thail...

Euro zone yields rise

-- August 30, 2017 17:29:08

Euro zone government bond yields edged up on Wednesday as forecast-beating inflation in Spain was expected to be followed by similar data in Germany, defying the euro's recent strength. Analysts said...

European stocks rebound

-- August 30, 2017 17:22:22

Europe's stock markets rebounded at the start of trading on Wednesday, reversing the previous day's heavy losses after US President Donald Trump's measured response to North Korea's missile launch &n...

Sensex rises 193 points

-- August 30, 2017 17:17:41

The benchmark BSE Sensex recovered over 193 points and the Nifty regained the 9,800-mark in early trade Wednesday on buying in banking, oil and FMCG stocks after recent losses.   Speculators co...

Moody’s predicts G20 to grow over 3pc  

Reuters August 30, 2017 10:39:42

Moody’s Investors Service kept its forecast for G20 economic growth at just over 3 per cent for this year and next, but warned of geopolitical risks, US protectionism and spillovers from globa...

Asian shares mostly lower

-- August 29, 2017 12:42:58

Asian shares were mostly lower Tuesday, as the region was rattled by a ballistic missile launch in which the projectile flew over Japan and fell into the Pacific Ocean.   Japan's benchmark Nikk...

Asian shares mixed

AP August 28, 2017 10:52:22

Asian shares were mixed Monday after gasoline futures spiked after Tropical Storm Harvey battered Texas' refinery-rich Gulf Coast, while investors found no surprises from last week's key meeting of ce...

China sees slowest industrial profit growth in three months

Reuters August 27, 2017 10:48:48

Earnings growth for China’s industrial firms cooled in July after accelerating for three straight months, reinforcing expectations the economy will slow over coming quarters as higher lending...

S Korean stocks rise for fourth day

-- August 26, 2017 17:13:16

South Korean shares rose for a fourth straight session on Friday, largely shrugging off news that the billionaire head of Samsung Group had been jailed for five years for bribery, one of the toughest...

SL shares recover after govt drops plan to tax trading profits

-- August 26, 2017 17:11:33

Sri Lankan shares ended firmer on Friday, recovering from an over four-month closing low hit in the previous session as investors bought battered shares following the government's decision to drop a p...

TSX edges lower

-- August 26, 2017 16:59:47

Canada's main stock index inched lower on Friday, caught between a plunge in Tahoe Resources Inc and jumps in shares of retailer Hudson Bay Co and construction company Aecon Group, report agencies....

Germany Q2 GDP grows 0.6pc

-- August 25, 2017 20:38:55

The German economy grew by 0.6 per cent in the second quarter of 2017, helped by private consumption and state spending, data showed on Friday.   Confirming a preliminary reading for growth, th...

‘Storm of the decade’ hurricane Harvey move towards Texas

-- August 25, 2017 14:28:07

Texas is bracing itself for the storm of the decade as Hurricane Harvey barrels towards the state, which is expecting catastrophic flooding, power outages, winds up to 130mph and 30 inches of rain. &...

Train derailment in India injures 74

-- August 23, 2017 05:11:07

At least 74 people were injured after a passenger train derailed early Wednesday in the northern Indian state of Uttar Pradesh, the second rail accident in the state in four days. According to offic...

Asian shares rise modestly

AP August 23, 2017 04:25:01

Asian shares rose modestly on Wednesday after overnight gains on Wall Street as geopolitical risks and turmoil at the White House abated while investors eyed the annual gathering of central bankers....

Asian shares rise after US stocks gain

AP August 22, 2017 07:54:50

Asian stock markets were mostly higher Tuesday after Wall Street gained as investors looked ahead to this week's gathering of central bankers in Jackson Hole, Wyoming.   The Shanghai Composite...

J&J loses $417m talcum powder lawsuit

Reuters August 22, 2017 07:47:02

A California jury on Monday ordered Johnson & Johnson to pay $417 million to a woman who claimed she developed ovarian cancer after using the company's talc-based products like Johnson's Baby Powd...

Trump clears way for more troops to Afghanistan

FE Online Desk August 22, 2017 06:43:08

Reversing course from his campaign pledges, President Donald Trump on Monday night committed the United States to an open-ended conflict in Afghanistan, signaling he would dispatch more troops to Amer...

Dollar price inches higher

-- August 22, 2017 06:29:45

The dollar inched higher against a basket of currencies on Tuesday, with traders focusing on the annual central banking conference in Jackson Hole this week for insights into the outlook for monetary...

US stocks end higher; energy fall

Reuters August 22, 2017 05:14:48

The benchmark US S&P 500 stock index ended up slightly on Monday after two days of declines, though a drop in oil prices weighed on energy shares. Market participants began to turn their focus to...

New Zealand shares slightly up

Reuters August 22, 2017 05:08:13

New Zealand shares were seen slightly higher on Tuesday amid tensions between the United States and North Korea kept investors on edge.   The benchmark S&P/NZX 50 index rose 17 points, or 0...

Australian shares edge up

Reuters August 22, 2017 05:05:43

Australian shares edged up on Tuesday thanks to some encouraging results including for BHP Billiton, whose stock jumped after the global miner posted robust annual earnings.   The S&P/ASX 2...

WB's proposal to develop Dhaka eastward - a critique

Abu Reza August 22, 2017 05:00:13

The World Bank (WB)-sponsored international conference in Dhaka, held on July 19 last, highlighted the need for a move 'Towards Great Dhaka'. However, many disheartening features of the current condit...

China's Great Wall sets sights on Fiat Chrysler

FE Online Desk August 22, 2017 04:50:47

A direct overture by Chinese automaker Great Wall Motor Co Ltd to Italian-American automaker Fiat Chrysler Automobiles NV sent FCA shares up sharply on Monday, as investors cheered the potential sale...

Thai Q2 GDP growth fastest in four years

Reuters August 21, 2017 08:16:21

Thailand's economy capped a solid performance for Southeast Asia in the second quarter, growing at its fastest clip in over four years on strong exports. Robust tourism and farm output also helped th...