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Search results for: global

Zika kills cancer cells: study

BBC September 06, 2017 11:59:12

According to US scientists, a harmful virus that can cause devastating damage to the brains of developing fetuses could offer up a surprising new treatment for adult brain cancer.   Zika has be...

China, Hong Kong shares fall

-- September 06, 2017 11:18:52

China and Hong Kong stocks fell on Wednesday, in step with weakness in Asian markets and Wall Street’s slide as tensions in the Korean Peninsula continued to haunt investors.   Pyongyang...

Consensus on key economic issues

From Jubair Hasan in Xiamen, China September 06, 2017 10:50:41

A three-day long BRICS Summit came to an end on Tuesday reaching consensus on some key economic issues that leaders believe will make voices of the developing countries much stronger in the globalised...

Asian shares lower on cautious stance

-- September 06, 2017 10:40:45

Asian shares were lower on Wednesday as investors found ample reasons to stay away from risky assets amid still-high tensions on the Korean Peninsula and the powerful hurricane approaching the US. &n...

Global stocks in defensive mode

Reuters September 05, 2017 14:32:12

Asian shares eked out small gains on Tuesday as expectations that Beijing will maintain support for its economy ahead of a key congress supported Chinese stocks and metals prices, but worries about...

Axiata sees strong QoQ results

FE Online Desk September 05, 2017 14:13:34

Axiata Group Berhad reported a strong quarter-on-quarter (QoQ) performance leading to a better first half for 2017. The Asian telecom giant, recently published its quarterly financial report for the s...

China pledges $76m for BRICS co-op plan

Reuters September 04, 2017 10:56:44

Chinese President Xi Jinping arrives for a group photo during the BRICS Summit at the Xiamen International Conference and Exhibition Center in Xiamen, southeastern China's Fujian Province, China Septe...

Stock futures dip after North Korea nuclear test

-- September 04, 2017 10:20:38

US equity index futures dipped at the open on Sunday, as stock traders showed caution following news that North Korea had escalated diplomatic tensions by conducting what it said was a test of a hydro...

Confce on climate change begins Sep 26 in Tokyo

FE Online Desk September 03, 2017 15:09:11

  A two-day international conference titled  ‘Globalization, Environment and Climate Change’ begins  September 26 in Tokyo, Japan.   Asian Development Bank Institute...

Strong rupee hurting India

-- September 02, 2017 21:46:07

India's stronger currency has become a threat for its growth aspirations, piling pressure on the central bank to aggressively intervene in the foreign exchange market even at the risk of incurring the...

Int’l confce on challenges for sustained growth in Asia begins in Seoul Sept 7

FE Online Desk September 02, 2017 20:13:45

A two-day  international conference titled  ‘Prospects and Challenges for Sustained Growth in Asia’, co-organised by the Korean Ministry of Strategy and Finance, the Bank of Kore...

Tech Billionaire pledges $36m in Harvey relief

-- September 02, 2017 20:02:14

Michael Dell, the billionaire Texan who founded Dell Technologies, has pledged $36 million of his foundation’s money to help disaster relief efforts in the wake of Hurricane Harvey. The gift fr...

Slowdown-hit Indian economy counts costs of stronger rupee

-- September 02, 2017 18:09:12

NEW DELHI: India's stronger currency has become a threat for its growth aspirations, piling pressure on the central bank to aggressively intervene in the foreign exchange market even at the risk of in...

Australia invests $79.7m to secure mining investment

-- September 02, 2017 15:33:25

Australia will commit A$ 100 million (US $ 79.7 million) to secure private investment in greenfield mineral exploration across the country to drive a new wave of discoveries and restart the flagging m...

BIDV outlook on long-term rating is stable, says S& P

FE Online Desk September 02, 2017 13:42:11

S&P Global Ratings affirmed the 'B+' long-term and 'B' short-term issuer credit ratings on the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV). The outlook on the lon...

US job growth slows in August

-- September 02, 2017 10:49:54

US job growth slowed more than expected in August after two straight months of hefty increases, but the pace of gains should be more than enough for the Federal Reserve to announce a plan to start tri...

US CEOs urge Trump not to scrap 'Dreamers' programme

-- September 01, 2017 22:28:30

  Hundreds of chief executives and business leaders in the US have signed a letter urging President Donald Trump not to scrap a programme known as “Dreamers” that prevents the deport...

Kuwait Airways expands Dhaka flights from Jan

-- September 01, 2017 17:46:35

Kuwait Airways in the first quarter of 2018 plans to increase Kuwait City – Dhaka service, as it schedules 12 weekly flights from 03JAN18, instead of 10 weekly. Boeing 777-300ER operates all 12...

Pak population now stands over 200m

-- September 01, 2017 16:39:04

    Pakistan is one of the most populated countries in the world.     Last week, the Pakistan Bureau of Statistics released a provisional report of the country’s sixth p...

Mizoram becomes power-surplus - 3rd in NE India

-- September 01, 2017 16:26:39

    Over two decades after it was conceptualised, the first unit of a 60 MW power plant in Mizoram began generating electricity this week -- making it the third power-surplus state in nort...

Axiata Group ratings not affected by company's acquisition of tower assets from Pakistan Mobile Com

FE Online Desk September 01, 2017 15:32:55

  S&P Global Ratings said Thursday that its rating and outlook on Malaysia-based wireless services provider Axiata Group Bhd. (BBB+/Stable/--) are not affected by the company's acquisition...

Most Asian currencies gain

-- September 01, 2017 13:33:47

Most emerging Asian currencies edged up on Friday as the dollar slipped after tepid US economic data casts doubts on whether the Federal Reserve will raise rates again this year, according to Reuters....

India likely to post stronger growth

Reuters August 31, 2017 11:51:06

India’s economy likely showed further signs of recovery in the latest quarter from a shock cash squeeze late last year, but the rebound is not expected to be strong enough to help it reclaim the...

Australia shares steady

-- August 30, 2017 17:35:32

Australia's benchmark stock index wobbled on Wednesday as a positive lead from Wall Street was offset by a plunge in shares of the country's biggest telecommunications company, Telstra. Telstra Corp'...

Thai market hits over four-year high

-- August 30, 2017 17:33:36

Thai shares hit their highest level in more than four years on Wednesday before erasing the gains to trade marginally higher ahead of the release of factory output and inflation data this week. Thail...

Euro zone yields rise

-- August 30, 2017 17:29:08

Euro zone government bond yields edged up on Wednesday as forecast-beating inflation in Spain was expected to be followed by similar data in Germany, defying the euro's recent strength. Analysts said...

European stocks rebound

-- August 30, 2017 17:22:22

Europe's stock markets rebounded at the start of trading on Wednesday, reversing the previous day's heavy losses after US President Donald Trump's measured response to North Korea's missile launch &n...

Sensex rises 193 points

-- August 30, 2017 17:17:41

The benchmark BSE Sensex recovered over 193 points and the Nifty regained the 9,800-mark in early trade Wednesday on buying in banking, oil and FMCG stocks after recent losses.   Speculators co...

Moody’s predicts G20 to grow over 3pc  

Reuters August 30, 2017 10:39:42

Moody’s Investors Service kept its forecast for G20 economic growth at just over 3 per cent for this year and next, but warned of geopolitical risks, US protectionism and spillovers from globa...

Asian shares mostly lower

-- August 29, 2017 12:42:58

Asian shares were mostly lower Tuesday, as the region was rattled by a ballistic missile launch in which the projectile flew over Japan and fell into the Pacific Ocean.   Japan's benchmark Nikk...