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Search results for: global

Global FDI drops in 2017: UNCTAD

FE Online Report January 23, 2018 10:50:10

Global flows of Foreign Direct Investment (FDI) dropped by 16 per cent in 2017, according to the latest UNCTAD Global Investment Trends Monitor. The UN body estimated the provisional value of globa...

Vietnam jails ex-politburo official in graft case

-- January 22, 2018 14:39:27

A court in Vietnam on Monday sentenced a former politburo official to 13 years in prison and another high-profile energy official to life imprisonment for embezzlement and violating state rules, in a...

Elvis Presley’s paper cup up for auction

-- January 22, 2018 14:21:49

A paper cup allegedly used by Elvis Presley six decades ago in Oklahoma is up for auction, and bids have already surpassed $1,200. North Carolina resident Wade Jones is a collector of all things Elvi...

1.0pc richest own 82pc global wealth: Oxfam

-- January 22, 2018 13:25:24

Some 82 per cent of money generated in 2017 went in the pockets of the richest one per cent, while the poorest half saw no increase at all, Oxfam international said on Monday. The gap between the sup...

India, Japan to introduce robotics in defence

-- January 22, 2018 13:22:20

India and Japan will work together to introduce artificial intelligence and robotics in the defence sector, the next level of strategic cooperation between the two Asian partners. Kentaro Sonoura, Ja...

Govt troops clash with rebels in Philippines, five dead

-- January 22, 2018 13:09:39

Five people have been killed after violent clashes erupted between the government troops and leftist rebels in the southern Philippines on early Monday, a military official said. The dead included fo...

German SPD votes in favour of coalition talks

-- January 22, 2018 12:51:24

German Chancellor Angela Merkel’s conservatives start preparing for formal coalition talks with the Social Democrats (SPD) on Monday, wasting no time after the centre-left party narrowly voted t...

Police shoot dead seven festival goers in Ethiopia

-- January 22, 2018 12:26:13

Clashes during a religious festival in Ethiopia's northern Amhara regional state have taken the lives of seven people, a regional official said Sunday. Amare Goshu, Head of North Wollo Zone Police De...

Nikkei slips after US govt shutdown

-- January 22, 2018 12:16:11

Japanese shares inched lower on Monday as the US government shutdown hurt risk appetite globally. The US Senate set a vote for 12 pm on Monday for advancing a measure that would provide temporary gov...

Single blood test ‘detects eight common cancers’

-- January 22, 2018 12:10:20

US researchers have taken a major step forward in the fight against cancer by developing a single blood test that screens for eight common types of tumours in early stages. Larger studies of the test...

Asian shares mixed after US govt shutdown

-- January 22, 2018 12:07:13

Asian share markets were mixed on Monday after global investors shrugged off the latest US government shutdown. The Shanghai Composite Index rose 0.2 per cent to 3,495.40 while Tokyo’s Nikkei 2...

Five die in Congo anti-Kabila protests

-- January 22, 2018 11:54:55

At least five people have been killed in the Democratic Republic of Congo during demonstrations on Sunday across the country against delayed elections and the continuation of Joseph Kabila’s pre...

Slow labour growth 'unavoidable' for Singapore

-- January 22, 2018 11:11:37

Slower rates of labour force growth in Singapore are unavoidable, the city-state’s central bank head said on Monday, and any attempt to completely offset it by increasing foreign workers is not...

Sydney train hits buffer leaving 16 wounded

-- January 22, 2018 11:09:58

Sixteen people have been injured after a train hit a railway buffer on the outskirts of Australia’s Sydney, said police.   The accident happened at the end of a railway line in Richmond, i...

Global stocks, dollar sag after US govt shutdown

-- January 22, 2018 10:51:54

US stock futures, Asian equities and the dollar pulled back slightly on Monday after the US government was forced to shut down amid a dispute between President Donald Trump and Democrats over immigrat...

Thai market bomb blast takes three lives

-- January 22, 2018 10:37:19

Three people have been killed and 18 others wounded after a motorcycle bomb exploded in a market in Thailand’s southern Yala province on Monday, said a spokesman for the Internal Security Operat...

Brazil declares emergency over yellow fever outbreak

-- January 21, 2018 15:13:10

Brazil's south-eastern state of Minas Gerais has declared a public health emergency following a deadly outbreak of yellow fever. At least 15 people have died there since December. Many areas, includi...

China economy to grow better in 2018

Xinhua January 21, 2018 13:41:43

China's economic performance beat market expectations in 2017, but will the bullish momentum continue into the new year? A moderation in GDP growth is the popular view among global investors given a...

British Airways hauls 'drunk' pilot off plane

BBC January 21, 2018 12:30:17

A pilot was taken off a flight from Gatwick Airport after fears were raised he was drunk. The British Airways flight to Mauritius on Thursday was delayed and the pilot replaced, BA said. An airline...

Nigerian police confirm release of abducted expatriates

-- January 21, 2018 12:19:49

Two Americans and two Canadians have been freed after being kidnapped in the northern Nigerian state of Kaduna, a police spokesman said on Saturday, as it emerged that five oil workers had been abduct...

Violent clashes erupt in Honduras over poll result

-- January 21, 2018 11:59:41

Clashes have broken out in Honduras as demonstrators protesting President Juan Orlando Hernandez's re-election blocked roads in several locations and police moved into to break up the barricades. Fou...

SA ruling party to force Zuma to step down- eNCA TV

-- January 21, 2018 11:25:47

South Africa’s ruling African National Congress (ANC) declined to comment on a report its executive planned to force Jacob Zuma to quit as president, as its leaders gather to outline the party&r...

Turkey bus crash kills 11, wounds 46

-- January 21, 2018 10:58:18

Eleven people have been killed and 46 wounded after a bus carrying families on a skiing trip crashed into trees on a motorway in north-western Turkey, local officials said. The bus, which was making...

US military chopper crash leaves two dead

-- January 21, 2018 10:42:47

A US Army Apache attack helicopter crashed in California, killing two soldiers, a spokesman for the Army said. An investigation is ongoing into the crash of the AH-64 Apache helicopter on the sprawli...

NY Fed reduces Q1 GDP target

-- January 20, 2018 13:10:54

The New York Fed, the Federal Reserve Bank of New York, has reduced its estimate on US gross domestic product (GDP) growth for the first quarter of 2018. The bank on Friday reduced the estimated GDP...

May insists comprehensive trade deal with EU

-- January 20, 2018 12:45:32

Britain wants to have a comprehensive trade deal with the European Union as well as a defence pact in place once it leaves the bloc, Prime Minister Theresa May said in remarks published in a German ne...

Argentina GDP grows 2.9pc in 2017

-- January 20, 2018 12:28:52

Argentina's economy expanded by 2.9 per cent in 2017, and grew 0.7 per cent in the fourth quarter from the third quarter, a Treasury Ministry source said. The gross domestic product (GDP) of the uppe...

Philippines bans deployment of workers to Kuwait

-- January 20, 2018 12:17:03

The Philippines has suspended sending workers to Kuwait, while it investigates the deaths of several Filipinos there. The ban comes a day after President Rodrigo Duterte claimed abusive employers in...

Global equity markets hit record high

-- January 20, 2018 11:56:22

World equity markets hit a record high on Friday as the US dollar held near three-year lows, while US Treasury yields continued their ascent to hit their highest levels since September 2014. US stock...

Tourists in Jamaica urged to ‘stay in hotel’ during curfew

-- January 20, 2018 11:55:29

Tourists are being warned they should stay inside their resorts in Montego Bay, Jamaica. The Jamaican government has declared a state of emergency in the St James parish, after a number of "shooting...