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Search results for: global

China bus crash kills 36

-- September 29, 2019 11:02:09

A bus veered into the opposite lane in China on Saturday morning, hitting a truck and killing 36 people, according to an official police notice. The bus, which was driving north, broke through a barr...

Bulgarian economist Kristalina Georgieva becomes new IMF head

BBC September 28, 2019 18:21:28

Bulgarian economist Kristalina Georgieva has been appointed as the new managing director of the International Monetary Fund for a five-year term, starting on October 1. Ms Georgieva, who was previous...

Fire on oil tankers at S Korean port injures nine: Yonhap

-- September 28, 2019 12:55:35

A fire onboard two oil tankers that injured nine sailors at a South Korean port has been put out, the Yonhap news agency said on Saturday. An explosion occurred on the Stolt Groenland, a 25,000-tonne...

Australia pledges $68m more in aid to farmers

-- September 28, 2019 12:10:52

Australia will set aside an additional $100 million Australian dollar (68 million US dollar) to support the country’s drought-stricken farmers, Prime Minister Scott Morrison said on Friday. Aus...

Trump’s special envoy to Ukraine resigns

-- September 28, 2019 10:57:41

Kurt Volker, a former US ambassador to NATO caught in the middle of a whistleblower complaint over the President Donald Trump’s dealings with Ukraine, resigned Friday from his post as special en...

Hundreds of thousands join Canada climate strikes

-- September 28, 2019 10:40:52

Hundreds of thousands of people have joined climate strike marches across Canada, with almost 100 events planned in cities and towns. Protesters are taking part in the global climate strike movement,...

Battle to woo trade war's corporate refugees intensifies

Reuters September 27, 2019 20:42:22

When trade war tariffs jolted Chinese tire-maker Prinx Chengshan into speeding up foreign investment plans, the company wound up in Thailand, thanks to that country’s relentless courtship. With...

European shares rise on trade optimism

-- September 27, 2019 14:35:12

European shares rose on Friday while hopes of a quick resolution to the US-China trade war offset worries of slowing economic growth and rising political risks. The pan-European STOXX 600 index rose...

PBOC drains 10b yuan from market

-- September 27, 2019 14:30:43

People's Bank of China (PBOC) drained 10 billion yuan (about 1.41 billion US dollars) from the financial system on Friday, with more reverse repos maturing than conducted. The central bank injected a...

China to further reduce poverty via industrial dev

-- September 27, 2019 14:27:05

China will further encourage industrial development and entrepreneurship in rural areas in a bid to alleviate poverty, officials have said. Poverty-stricken areas will be supported to develop feature...

ADB lowers S Korea’s 2019 growth outlook to 2.1pc

Xinhua September 26, 2019 13:09:19

The Asian Development Bank (ADB) has lowered South Korea's 2019 growth outlook to 2.1 per cent, according to South Korean Finance Ministry. The revised forecast was down from 2.4 per cent estimated i...

Strong quake rattles Indonesia’s Ambon, one dead

-- September 26, 2019 12:06:47

At least one person died on Thursday after a magnitude 6.5 earthquake hit Indonesia’s eastern province of Maluku, damaging buildings and sending people fleeing to the hills, officials and witnes...

US, Japan agree initial trade deal focusing on agriculture

-- September 26, 2019 11:37:07

The US and Japan have agreed an initial trade deal that will eliminate or lower tariffs on certain products traded between them. Duties on some agricultural goods will be removed or lowered, while di...

Malaysia's leading index shows brighter economic outlook

-- September 25, 2019 15:54:45

Malaysia's leading index has signalled a brighter economic outlook in November 2019 until January 2020, according to official data released Wednesday. Malaysian Statistics Department said in a statem...

Mahathir slams UN, Myanmar govt over Rohingya crisis

-- September 25, 2019 15:32:41

The United Nations and Myanmar government came under fire on Tuesday for their inaction in resolving the Rohingya crisis which has displaced more than a million people in the country. The UN’s...

Seven dead in Philippines dragon boat capsize

-- September 25, 2019 12:23:24

The Philippine coast guard says seven rowers drowned and 14 others were rescued when their dragon boat was suddenly lashed by strong waves and overturned in the central Philippines. Coast guard spoke...

Teen climate activist Thunberg takes on Trump’s Twitter taunt

-- September 25, 2019 11:30:57

Swedish teenage climate activist Greta Thunberg shot back on Tuesday at US President Donald Trump’s attempt to mock her on Twitter by changing her profile on the social media site to reflect Tru...

UK MPs, peers return after court rules shutdown unlawful

-- September 25, 2019 11:03:01

MPs and peers will return to Parliament later after the Supreme Court ruled that its suspension was unlawful. Boris Johnson is returning early from a UN summit in New York, while Labour cut its confe...

Eight infants dead in Algeria hospital fire

-- September 24, 2019 14:57:55

Eight infants died in a fire in a hospital in Algeria’s El Oued early on Tuesday the fire service was quoted as saying on state media without giving any further details. The government has open...

PBOC pumps $5.6 billion into market

-- September 24, 2019 14:11:51

The People's Bank of China (PBOC), the central bank of the country, pumped 40 billion yuan (about 5.6 billion US dollars) into the financial system Tuesday. The PBOC injected the liquidity through 14...

New Zealand removes tax barriers for economic development

Xinhua September 24, 2019 14:08:15

New Zealand government removed two kinds of taxes to support local companies for a more productive, sustainable, and inclusive development on Monday. As part of the release of the government's econom...

Nissan paying $15m, Ghosn $1m to settle US fraud charges

-- September 24, 2019 12:48:42

Nissan will pay $15 million and former chairman Carlos Ghosn will pay $1 million to settle allegations by US regulators that they hid more than $140 million of Ghosn’s retirement benefits from i...

Boeing to pay families of 737 Max crash victims $144,500 each

-- September 24, 2019 12:07:54

Families who lost relatives in fatal Boeing 737 Max air crashes are set to receive about $144,500 (£116,200) each from the company. The money comes from a $50m financial assistance fund, which...

Time for Iran to take steps to reduce tensions: Macron

-- September 24, 2019 11:07:49

The path to reduce tensions in the region has become smaller and the moment has come for Iran to help defuse the crisis, France’s president told his Iranian counterpart on Monday, his office sai...

Papua protests: 16 dead in burned buildings

-- September 24, 2019 10:52:15

At least 16 people are dead and dozens injured in Indonesia's eastern region of Papua after hundreds of protesters, mostly high school students, set fire to several buildings in one city. Among the d...

Trump hails Modi at ‘historic’ Texas rally

-- September 23, 2019 15:34:45

US President Donald Trump and Indian Prime Minister Narendra Modi exchanged warm words of friendship in Texas at a rare mass rally for a foreign leader. Around 50,000 people gathered for what Mr Trum...

S Korea's ICT export posts double-digit fall in August

-- September 23, 2019 13:15:33

South Korea's export of information and communications technology (ICT) products fell in double digits last month on weak demand and lower product price, a government report showed Monday. The ICT ex...

Spain police detain nine Catalan separatists

-- September 23, 2019 13:04:03

Nine Catalan separatists were detained in Catalonia early on Monday for planning violent actions, Spanish police said. “The detentions were ordered by Spain’s High Court,” a spokesw...

Asian shares dip on geopolitical tensions

-- September 23, 2019 12:30:00

Most Asian share markets slipped on Monday as investors waited for more clarity on the Sino-US trade talks after recent negotiations, while oil gained more than 1.0 per cent as Middle East tensions re...

Buildings set ablaze amid fresh unrest in Indonesia's Papua

-- September 23, 2019 12:02:29

Indonesian security forces were battling on Monday to restore order in a town in the easternmost province of Papua, a police spokesman said, following media reports of buildings set ablaze and gunfire...