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Search results for: global

LatAm to see slow economic growth in 2020

-- December 20, 2019 14:59:25

The Latin American economy will accelerate slowly in 2020 due to decreased concerns over global political and commercial risks, according to experts. After showing almost zero growth in 2019, the reg...

State-run banks help Indian shares open at all-time highs

REUTERS December 20, 2019 13:56:04

Indian shares opened at record highs on Friday, driven by gains in state-run banks, as investors cheered a central bank decision to conduct a special open market operation to bring down long-term yiel...

Iran calls for transport insurance for Muslim nations

-- December 19, 2019 15:42:17

Hit by US sanctions that make it difficult to get Western insurers from covering Iranian exports, Iranian President Hassan Rouhani on Thursday proposed setting up a transport insurance mechanism exclu...

China says in touch with US on signing of Phase 1 trade deal

-- December 19, 2019 14:40:38

China and the United States are in touch over the signing of their Phase 1 trade deal, China’s commerce ministry said, which will see lower US tariffs on Chinese goods and higher Chinese purchas...

India police ban protests against citizenship law

-- December 19, 2019 13:14:53

Police have banned protests against a controversial new citizenship law in several parts of India. The ban has been imposed in parts of the capital Delhi, Uttar Pradesh state, and some areas of Karna...

Pakistan’s Musharraf calls death sentence a ‘personal vendetta’

-- December 19, 2019 12:21:43

Speaking from his hospital bed in Dubai, Pakistan’s former military ruler Pervez Musharraf said a special court’s decision to sentence him to death in a high treason case was the result of...

State of emergency declared in Australia over bushfire crisis

-- December 19, 2019 11:19:03

A state of emergency has been declared in New South Wales, Australia, amid fears a record-breaking heatwave will exacerbate the state's bushfire crisis. The nation experienced its hottest day on reco...

Kashmir sees $2.4b losses since lockdown

-- December 18, 2019 15:46:47

A lockdown in Indian-administered Kashmir has cost its economy more than 2.4 billion US dollar since the government stripped it of its special status, Kashmir Chamber of Commerce and Industry (KCCI) s...

EU approves $557m soft loan to Jordan

-- December 18, 2019 12:51:49

Jordan has said that the European Parliament approved with a vast majority to grant Jordan a soft loan of 500 million euros (557 million US dollars) with a low-interest rate. According to a statement...

Cuba to see 0.5pc GDP growth in 2019

-- December 18, 2019 12:44:32

Cuba's gross domestic product (GDP) will see a slight 0.5-per cent expansion in 2019, the country's Economy Minister Alejandro Gil said has on. Speaking to legislatures, Gil said the country's econom...

Indian SC turns down petition to stop implementation of citizenship law

-- December 18, 2019 12:40:50

India’s top court on Wednesday refused to stall the implementation of a new law that lays out a path for non-Muslim minorities from some neighbouring countries for Indian citizenship, despite vi...

IT stocks propel Indian shares to all-time high

-- December 18, 2019 12:38:28

Indian shares extended gains to scale record levels early on Wednesday, as a weaker rupee boosted IT stocks and on optimism that the initial Sino-US trade pact will allay one of the major risks to glo...

PBOC injects 200b yuan into market

-- December 18, 2019 12:34:00

China's central bank pumped 200 billion yuan (about 28.57 billion US dollars) into the financial system Wednesday, after a suspension of reverse repos that lasted for 20 straight trading days. The Pe...

Vietnam c bank cuts reference exchange rate

-- December 18, 2019 12:10:51

The State Bank of Vietnam (SBV) has adjusted its daily reference exchange rate between Vietnamese dong and US dollar down by 4 Vietnamese dong to 23,158 Vietnamese dong per US dollar. With the curren...

Japanese journo wins damages in lawsuit over alleged rape

-- December 18, 2019 12:09:33

A Japanese court on Wednesday ordered prominent reporter Noriyuki Yamaguchi to pay 3.3 million yen ($30,375) in damages to journalist Shiori Ito in a civil lawsuit over her allegations he had raped he...

12 inmates die in Panama prison shooting

-- December 18, 2019 10:56:54

Twelve inmates were killed and about a dozen more were wounded in a gunfight Tuesday inside a prison in the capital, Panamanian authorities said. The shooting occurred in a cell block that holds inma...

Indian citizenship law: Modi defiant despite widespread protests

-- December 18, 2019 10:49:12

Indian Prime Minister Narendra Modi has reacted with defiance to widespread protests against a new citizenship law. The law offers citizenship to non-Muslims from three nearby countries. The governm...

Ex-Pak president Musharraf gets death in high treason case

-- December 17, 2019 13:52:35

A special court in Islamabad on Tuesday found former military ruler retired Gen Pervez Musharraf guilty of high treason and handed him death sentence — a first in Pakistan's history. A three-me...

China objects to Malaysia’s UN submission on South China Sea

-- December 17, 2019 13:05:04

China has protested against Malaysia filing a submission with the United Nations last week seeking to establish the limits of Malaysia's continental shelf in the northern part of the disputed South Ch...

Estonia apologises after minister mocks Finland PM

-- December 17, 2019 11:24:12

Estonia's president has apologised after the country's interior minister described Finland's new prime minister as "a sales girl". President Kersti Kaljulaid said she was "embarrassed" by the comment...

India citizenship law protests spread across campuses

-- December 17, 2019 10:49:34

Protests over a new Indian citizenship law based on religion spread to student campuses on Monday as critics said the Hindu nationalist government was pushing a partisan agenda in conflict with the co...

Amazon blocks sellers from using FedEx for some Prime shipments

-- December 17, 2019 10:35:19

Amazon.com Inc is temporarily blocking third-party sellers from using FedEx Corp’s ground delivery network to handle Prime shipments as it strives to hit accelerated delivery deadlines this holi...

Equinox to buy Leagold for about $578m

-- December 16, 2019 20:57:17

Canada’s Equinox Gold Corp will buy rival Leagold Mining Corp for C$769.3 million ($578.38 million), the company said on Monday, the latest consolidation in the industry that has seen deals wort...

European shares hit record as trade, Brexit fog clears

-- December 16, 2019 16:59:57

European shares hit an all-time high on Monday as a “totally done” initial trade deal between the United States and China kept the momentum rolling after a rally last week spurred by Brita...

China’s factory, retail sectors shine as trade tensions thaw  

-- December 16, 2019 14:36:13

Growth in China’s industrial and retail sectors beat expectations in November, as government support propped up demand in the world’s second-largest economy and amid easing trade hostili...

Asian shares jump on ‘phase one’ Sino-US trade deal

-- December 16, 2019 13:41:39

Asian shares hit their highest in nearly eight months on Monday after the United States and China agreed on a preliminary trade deal, with Australian shares leading the way on expectations of more eas...

Greta apologises for ‘put leaders against the wall’ comment

-- December 15, 2019 15:20:31

Greta Thunberg has apologised for saying world leaders should be "put against the wall" in a speech. The teenage climate activist made the comment while addressing a Fridays For Future protest in Tur...

14 die in Nepal bus crash

-- December 15, 2019 12:00:01

At least 14 passengers were killed while around 16 others injured in a bus crash at Sindhupalchowk district in central Nepal on Sunday morning, authorities confirmed. Ganesh Khanal, spokesperson at d...

Argentina’s new govt hikes export taxes on disgruntled farmers

-- December 15, 2019 11:21:51

Argentina’s new government has hiked export levies on soy, wheat and corn, according to an official decree on Saturday, hitting farmers in the grains exporting nation to raise revenue needed to...

US sanctions on Iran violate international law: Mahathir

-- December 14, 2019 14:29:30

The American sanctions imposed on Iran violate the United Nations charter and international law, Malaysian Prime Minister Mahathir Mohamad told a conference in Qatar on Saturday. “Malaysia does...