Search results for: global

Assailants shoot dead two Buddhist monks in Thailand

-- January 19, 2019 14:51:39

Unknown gunmen shot dead two Buddhist monks and injured two others in an attack at a temple in Thailand’s mainly Muslim south, the first such killing of a Buddhist monk in the restive region in...

IR may ride ‘Train 18’ to $200b market

-- January 19, 2019 14:47:49

Indian Railways (IR) is planning an entry into the $200 billion global market for coaches and wagons (rolling stock) after producing Train 18, an Indian semi-high speed train. The IR fixed the target...

Afghan Taliban reject talks with US in Pakistan

-- January 19, 2019 13:50:43

The Afghan Taliban rejected reports in the Pakistani media that they were prepared to resume meetings with US special envoy Zalmay Khalilzad in Islamabad and repeated their refusal to deal directly wi...

Kenya investigates local role in Nairobi hotel attack

-- January 19, 2019 13:14:09

Investigators in Kenya are exploring the possibility that some of the militants who attacked a Nairobi hotel and office complex may not have been ethnic Somalis, stoking fears that militants are deepe...

Indonesia to release alleged Bali bombing mastermind from jail

-- January 19, 2019 12:26:59

Abu Bakar Bashir, the radical Muslim cleric and alleged mastermind of the 2002 Bali bombings, will be granted early release from jail on humanitarian grounds, Indonesia’s president said on Frida...

World stocks rise; dollar up

-- January 19, 2019 12:20:09

Global stocks rose on Friday and the dollar was on track for its first positive week this year, boosted by optimism that the trade conflict between the United States and China may come to an end....

US stocks post 4th straight week of gains

-- January 19, 2019 11:29:26

US stocks rose on Friday, helping Wall Street’s major indexes advance for a fourth consecutive week, as increased hopes that the United States and China would resolve their trade dispute lifted...

Pipeline blast kills 21 in Mexico

-- January 19, 2019 10:26:45

At least 21 people were killed and 71 were injured on Friday when a pipeline ruptured by suspected fuel thieves exploded in central Mexico as dozens of people tried to fill up containers, state and fe...

Sri Lanka to receive $1.0b from Bank of China

-- January 18, 2019 20:51:06

Sri Lanka will receive a loan of $1.0 billion from Bank of China before the end of the January-March quarter, the chief of the central bank said on Thursday, to help the country meet repayments in the...

China revises 2017 GDP growth down to 6.8pc

-- January 18, 2019 15:28:20

The National Bureau of Statistics of China on Friday revised the country’s gross domestic product (GDP) growth for 2017 from 6.9 per cent to 6.8 per cent in its final verification. The GDP was...

Business leaders urge RBI to cut benchmark rate

-- January 18, 2019 12:48:08

India’s top business groups have urged the RBI to cut its benchmark interest rate and lower the cash reserve ratio it imposes on banks to stimulate an economy that is showing signs of weakness....

SE Asian stocks rise on hopes of Sino-US trade war relief

-- January 18, 2019 12:27:26

Southeast Asian stocks rose on Friday taking cues from broader Asia, after a media report on progress in US-China trade talks stirred hopes of a deal in their tariff dispute and supported risk sentime...

Asian shares advance on trade deal hopes

-- January 18, 2019 12:00:55

Asian shares advanced Friday after investors saw signs of possible progress toward settling the US-Chinese tariff war. The Shanghai Composite Index rose 0.7 per cent to 2,578.73 and Hong Kong's Hang...

Singapore's Dec exports post record fall

-- January 17, 2019 16:16:27

Singapore’s exports recorded their worst decline in more than two years in December as shipments of electronics and pharmaceuticals plunged, according to an official data published on Thursday....

BOJ calls for vigilance to cost of unconventional easing

-- January 17, 2019 16:08:04

Bank of Japan Governor Haruhiko Kuroda said on Thursday central banks must carefully evaluate the impact of unconventional monetary policy steps, as their benefits and side-effects could differ from t...

Indian divers locate one body in ‘rat-hole’ mine after 35 days

-- January 17, 2019 14:14:13

Indian navy divers found the body of one of 15 miners who went missing in a flooded coal mine in a remote corner of the country more than a month ago, officials said on Thursday. Rescuers have been s...

Pompeo’s North Korea counterpart reaches Beijing: Yonhap

-- January 17, 2019 13:00:03

North Korea’s top envoy involved in talks with the United States arrived in Beijing on Thursday and is thought to be en route to Washington, South Korean news agency Yonhap said on Thursday. US...

Goldman Sachs boss apologises to Malaysia over 1MDB scandal

-- January 17, 2019 11:24:44

Goldman Sachs new boss has apologised to Malaysia for the role an ex-partner played in the corruption scandal at one of the country's wealth funds. However, chief executive David Solomon also distanc...

Asia shares falter on China unease

-- January 17, 2019 09:47:49

Asian share markets faltered on Thursday as unease over China’s economic outlook eroded early gains, though an anti-climactic end to the latest chapter in the Brexit saga did offer sterling a mo...

US, Britain conduct first joint drills in disputed S China Sea

-- January 16, 2019 16:06:51

The United States and Britain have conducted their first joint naval drills in the disputed South China Sea since China built island bases there, the two navies said on Wednesday, as Washington seeks...

China's central bank boosts liquidity

-- January 16, 2019 14:28:04

The People's Bank of China (PBOC) on Wednesday injected liquidity into the banking system through reverse repos to offset the impact from a tax payment peak. The central bank said the injection was t...

Australia to allow imports of kava to boost Pacific ties

-- January 16, 2019 13:24:53

Australia will allow imports of the intoxicating drink kava, Prime Minister Scott Morrison said on Wednesday, as it seeks to forge closer ties with its Pacific neighbours amid growing Chinese interest...

SE Asian stocks dip after Asian shares slip

-- January 16, 2019 12:54:03

Most Southeast Asian markets remained subdued on Wednesday tracking broader Asia as optimism over China's economic stimulus waned while Philippine stocks plunged. The Philippine benchmark index dropp...

Asian shares mixed on poor Japanese data

-- January 16, 2019 12:19:59

Asian share markets were mixed on Wednesday as poor Japanese data and worries about global growth put a damper on trading. Japan's Nikkei 225 index slipped 0.6 per cent to 20,430.73 while South Korea...

Mexican drug lord ‘El Chapo’ paid ex- president $100m bribe

-- January 16, 2019 11:30:00

Accused Mexican drug lord Joaquin ‘El Chapo’ Guzman once paid a $100 million bribe to former Mexican President Enrique Pena Nieto, an ex-Guzman associate testified on Tuesday that he previ...

India's plunging inflation rate opens door to monetary easing

-- January 15, 2019 14:40:53

India’s annual retail inflation rate dropped to an 18-month low of 2.19 per cent in December, strengthening views of some economists that the central bank could ease monetary policy next month a...

Tokyo court denies Ex-Nissan boss Ghosn’s request for release on bail

-- January 15, 2019 13:39:54

The Tokyo District Court on Tuesday denied former Nissan Motor Co Ltd Chairman Carlos Ghosn’s request for release on bail after his indictment last week on two new charges, including for aggrava...

Indonesia posts record trade gap in 2018

-- January 15, 2019 13:17:05

Indonesia, classified as a newly industrialised country, posted wider-than-expected trade deficit in December, bringing the gap for 2018 to the largest ever, the statistics bureau said on Tuesday. De...

Bank of China offers Sri Lanka $300m loan

-- January 15, 2019 12:42:25

Bank of China (BOC) has offered a loan of $300 million (232.68 million pounds) to Sri Lanka which can be raised to $1 billion, a source in Colombo with direct knowledge of the matter, said. The sourc...

China starts new recycling drive as foreign trash ban widens

-- January 15, 2019 12:36:12

China plans to launch 100 new large-scale recycling ‘bases’ by the end of next year, part of a campaign to make better use of its resources after extending a ban on foreign trash imports....