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Search results for: global

Maruti Suzuki recalls over 60,000 vehicles across three brands

-- December 07, 2019 13:46:18

India's largest car manufacturer Maruti Suzuki has proactively recalled 63,493 certain petrol Smart Hybrid (SHVS) variants of Ciaz, Ertiga and XL6 vehicles, the company said in a statement to the Bomb...

Indian rape victim dies in hospital after being set ablaze

Reuters December 07, 2019 10:40:33

A 23-year-old rape victim died in a hospital in the Indian capital two days after she was set on fire by a gang of men, including her alleged rapist, Reuters partner ANI reported on Saturday. The wom...

Trump calls for World Bank to stop loaning to China

-- December 07, 2019 10:28:33

US President Donald Trump on Friday called for the World Bank to stop loaning money to China, one day after the institution adopted a lending plan to Beijing over Washington’s objections. The W...

Trade war goes digital: Countries eye tariffs on Internet economy

REUTERS December 07, 2019 10:17:24

A 20-year global moratorium on imposing tariffs on digital trade could end next week if India or South Africa makes good on threats, according to trade officials and documents, potentially forcing peo...

Saudi Aramco raises $25.6b in world's biggest share sale

BBC December 06, 2019 17:31:09

State-owned oil giant Saudi Aramco has raised a record $25.6bn (£19.4bn) in its initial public offering in Riyadh. The share sale was the biggest to date, surpassing that of China's Alibaba whi...

ADB approves $1b emergency loan for Pakistan

-- December 06, 2019 14:23:33

The Asian Development Bank (ADB) has approved an emergency loan of 1.0 billion US dollar for Pakistan to provide immediate support to the country's finances and help strengthen a slumping economy. Th...

ADB approves $160m loan for Mongolia

-- December 06, 2019 14:14:31

The Asian Development Bank (ADB) has approved a loan of 160 million US dollars to support Mongolian government's efforts to improve the air quality and health in Mongolia's capital Ulan Bator. "Air p...

NZ c. bank alerts public to phone call scam

-- December 06, 2019 14:07:40

The Reserve Bank of New Zealand (RBNZ) is alerting the public to what appears to be an automated phone call scam randomly targeting members of the public, according to a statement on Friday. The scam...

Gas explosion at Polish ski resort kills four

-- December 05, 2019 12:36:31

Four people have died after a three-story building in the southern Polish ski resort of Szczyrk collapsed on Wednesday following a gas explosion, a local police spokesman said on Thursday. The bodies...

1.6m tourists visit Sri Lanka till Nov end

-- December 05, 2019 12:23:07

Tourist arrivals to Sri Lanka hit the 1.6 million mark in November with the arrival of over 175,000 tourists to the country by the end of the month, statistics from the Sri Lanka Tourism Ministry has...

Argentine central bank chief Sandleris steps down

Reuters December 05, 2019 11:42:02

Argentina central bank chief Guido Sandleris resigned on Wednesday, an expected step as Latin America’s third-largest economy transitions to Peronism next week under newly elected President Albe...

Huawei launches new legal challenge against US ban

-- December 05, 2019 11:24:35

Huawei has launched new legal action against the US over claims the Chinese telecoms giant poses a security risk. It comes after the US Federal Communications Commission (FCC) put curbs on rural mobi...

Six including Japanese NGO head killed in Afghan gun attack

-- December 04, 2019 14:03:55

Six people including the head of a Japanese NGO were killed on Wednesday after unknown gunmen attacked their vehicle in Jalalabad, the capital city of Afghanistan’s eastern Nangarhar province, o...

Trump comments, Uighur bill hurt prospects of US-China deal

Reuters December 04, 2019 13:57:03

US President Donald Trump’s comments that a trade agreement with China may have to wait until late 2020 and a House of Representatives bill targeting camps for Muslims in Xinjiang have cast doub...

Afghan gov't approves 35 contracts worth $46m

-- December 04, 2019 13:47:08

The Afghan government's National Procurement Commission (NPC) has approved 35 contracts worth 46 million US dollars, the Presidential Palace said on Wednesday. The NPC presided by President Mohammad...

Hyundai to invest $51b in future mobility devices, services by 2025

-- December 04, 2019 13:34:11

South Korea's biggest carmaker Hyundai Motor said Wednesday that it will invest around 51 billion US dollars in future mobility devices and services by 2025 as part of efforts to facilitate its transi...

Mahathir prepares to host his second APEC summit

-- December 04, 2019 12:51:56

Malaysian Prime Minister Mahathir Mohamad formally launched on Wednesday preparations to host next year’s APEC summit, recalling with pride how his country hosted the event more than 20 years ag...

Ceramics factory fire in Sudan kills 23

-- December 04, 2019 12:20:22

Twenty-three people were killed and more than 130 injured when a fire broke out after a gas tanker exploded while unloading at a ceramics factory in the Sudanese capital Khartoum on Tuesday, the gover...

South Korean court upholds record fine against Qualcomm

-- December 04, 2019 11:15:42

A South Korean court on Wednesday upheld a record $873 million fine against US chip giant Qualcomm for unfair business practices related to patent licensing and modem chip sales, rejecting the company...

US House passes Uighur bill seeking sanctions on Chinese officials

-- December 04, 2019 11:03:57

The US House of Representatives has passed a bill to counter what it calls the "arbitrary detention, torture, and harassment" of Uighur Muslims in China. The bill calls for "targeted sanctions" ...

ADB approves $400m loan for Philippines

-- December 03, 2019 13:41:41

The Asian Development Bank (ADB) said on Tuesday that it has approved a 400 million US dollars policy-based loan to support the Philippine government's efforts to reduce the number of out-of-school an...

US Cyber Monday sales to hit record $9.2b

-- December 03, 2019 11:18:16

Cyber Monday sales were on course to bring in a record $9.2 billion, according to evening estimates, building on a bumper Black Friday weekend for US retailers driven by earlier-than-usual promotions...

Ex-Malaysian PM Najib takes stand in 1MDB scandal-linked trial

-- December 03, 2019 11:06:01

Former Malaysian Prime Minister Najib Razak took to the witness box for the first time on Tuesday to defend himself on criminal charges linked to a multibillion-dollar scandal at state fund 1Malaysia...

US-China trade deal stalled because of Hong Kong legislation: Axios

Reuters December 02, 2019 13:38:52

A trade deal between United States and China was now “stalled because of Hong Kong legislation”, news website Axios reported on Sunday, citing a source close to US President Donald Trump&r...

Hong Kong gears up for lunchtime rallies after weekend unrest

-- December 02, 2019 12:42:08

Hong Kong protesters geared up for a week of lunchtime rallies on Monday, a day after a mass demonstration showed the anti-government movement can still draw people to the streets even after sweeping...

US online shoppers spend $68 billion in Nov

-- December 02, 2019 12:31:43

US online shoppers spent 68.1 billion US dollars in November, with 7.4 billion dollars on Black Friday (Nov. 29) alone, data from the web analytics tool Adobe Analytics showed. US online shoppers spe...

Burkina Faso church attack kills 14

-- December 02, 2019 10:55:52

At least 14 people have been killed after gunmen opened fire inside a church in Burkina Faso. The victims were attending a service at a church in Hantoukoura, in the eastern part of the country on Su...

ADB elects new president

-- December 02, 2019 10:42:14

The Asian Development Bank (ADB) announced on Monday that its Board of Governors has "unanimously elected" Masatsugu Asakawa as ADB president. Asakawa, 61, currently special advisor to Japan's prime...

Namibia’s president Hage Geingob wins re-election

-- December 01, 2019 14:54:10

Namibia's president Hage Geingob has been re-elected for a second term, the country's electoral commission says. Mr Geingob polled 56.3 per cent in Wednesday's election, well ahead of his nearest riv...

India plans to invest $1.39 trillion in infrastructure to spur economy

-- December 01, 2019 14:11:21

India will unveil a series of infrastructure projects this month as part of a plan to invest 100 trillion rupees ($1.39 trillion) in the sector over the next five years, the finance minister said on S...