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Search results for: global

China stocks calm, defence shares jump

-- October 12, 2017 12:48:52

China stocks were calm on Thursday, with strength in defence shares offsetting a retreat in resources plays as investors await next week’s Communist Party congress. The CSI300 index rose 0.1 pe...

SE Asian stocks rally

-- October 12, 2017 12:39:40

Southeast Asian stock markets gained on Thursday, tracking a rally in global equities, with Singapore leading the gains and Thailand hitting a 24-year peak yet again. Asian stocks rose to a decade-hi...

US stocks end higher after Fed minutes

-- October 12, 2017 12:31:50

US stocks rose on Wednesday as the minutes from the Federal Reserve’s September policy meeting merely confirmed expectations that interest rates would rise. Currency investors pushed the dollar...

Japan wholesale prices rise 3pc in Sept

-- October 12, 2017 11:51:55

Japanese wholesale prices rose 3.0 per cent in September from a year earlier, at the fastest annual pace in almost nine years, due to rising prices for gasoline, metals, and agricultural products. Ec...

Deadly ‘supercell thunderstorm’ hits SA

BBC October 12, 2017 11:40:54

Moored ships were blown away as a "supercell thunderstorm" swept through South Africa's KwaZulu-Natal region, killing at least 11 people. The dead include a child swept away by rising waters and two...

Hollywood studios join Disney’s Movies Anywhere service

Reuters October 12, 2017 11:05:38

Five Hollywood film studios have joined together to offer a new service designed to make it easier for consumers to collect digital movies that they can watch at home or on mobile devices, the studios...

Asia stocks hit decade-high

Reuters October 12, 2017 10:18:52

Asian stocks were near a decade high on Thursday, riding the bull run in global equity markets, while the dollar sagged after the Federal Reserve showed a guarded view towards inflation. MSCI’s...

Global financial stability improves amid looming risks: IMF

-- October 11, 2017 18:58:28

The global economic recovery has strengthened financial stability but easy monetary and financial conditions against a backdrop of sluggish inflation is elevating medium-term risks, the International...

Nikkei share ends at 21-year high

-- October 11, 2017 15:42:24

Japan’s Nikkei share index closed at its highest in 21 years on Wednesday, with gains mainly led by defensive shares, though exporters benefitted from solid global growth. Japan’s second...

Hong Kong stocks end lower

-- October 11, 2017 15:31:55

Hong Kong stocks fell on Wednesday, pressured by a sharp reversal in property shares after the city’s chief executive unveiled a mix of housing and tax relief policies that disappointed some inv...

China stocks end higher

-- October 11, 2017 15:06:59

China stocks firmed on Wednesday, helped by a jump in defensive consumer staples such as big liquor producers, while resources shares curbed gains. Sentiment remained largely positive although trade...

Children across the globe turning obese rapidly

BBC October 11, 2017 12:40:31

Child and teenage obesity levels have risen ten-fold in the last four decades, meaning 124m boys and girls around the globe are too fat, according to new research. The analysis in the Lancet is the l...

Tax reform may be 'painful' for some states: Kaplan

-- October 11, 2017 11:17:55

Limiting the ability of Americans to deduct what they pay in state and local taxes from their federal tax bill “could be painful” for some US states already suffering from population drain...

Malawi curfew over ‘vampire' killings

BBC October 11, 2017 11:07:50

At least five people have been killed in southern Malawi after they were accused of behaving like vampires. The UN says it has pulled staff out of two districts as the vampire scare sweeps across the...

Asian stocks advance as Catalan fears ease

-- October 11, 2017 10:57:18

Asian stocks advanced Wednesday after Wall Street’s main index closed at a fresh record high and Spain’s Catalonia crisis eased. Japan’s Nikkei 225 index rose further a day after it...

US chip maker unveils next-generation device for fully autonomous cars

-- October 11, 2017 00:50:16

Silicon Valley graphics chipmaker NVIDIA unveiled on Tuesday the first computer chips for developing fully autonomous vehicles and said it had more than 25 customers working to build a new class of dr...

Diarrhea outbreak in Ethiopia infects 127

Xinhua October 10, 2017 15:02:50

An Acute Watery Diarrhea (AWD) disease in Ethiopia's second largest city Dire Dawa, 446 kms east of Ethiopia's capital Addis Ababa, has infected 127 people in September, an Ethiopian official said on...

China expects to achieve 2017 growth target

-- October 10, 2017 13:31:23

China will have no problem meeting its economic growth target of around 6.5 per cent this year, and may even beat it, the head of the Statistics Bureau said on Tuesday. Steps taken by the government...

Google uncovers ‘Russian propaganda’ on US election

BBC October 10, 2017 11:48:15

Google has found evidence that Russian agents spent tens of thousands of dollars on adverts in a bid to sway the 2016 US election, media reports say. Sources quoted by the Washington Post say the adv...

Ten die as wildfires hit California wine country

BBC October 10, 2017 10:41:56

Parts of California's wine region are being ravaged by fast-spreading fires that have killed at least 10 people. Mass evacuations have taken place and at least 1,500 properties have been destroyed. S...

Asian shares shrug off Wall St. weakness

Reuters October 10, 2017 10:40:51

Asian shares rose on Tuesday, shrugging off modest losses on Wall Street, while expectations of another US interest rate increase this year continued to underpin the dollar. MSCI’s broadest ind...

Hurricane history favours US building suppliers

-- October 10, 2017 00:24:54

There are 600,000 homes in Texas and Florida alone that need re-roofed or repaired and results over the next month will give some sign of how much the resulting squeeze on building materials will bene...

US economist Richard Thaler wins Nobel economics prize

-- October 09, 2017 16:12:13

US economist Richard Thaler won the 2017 Nobel Economics Prize for his contributions in the field of behavioural economics. The Royal Swedish Academy of Sciences said on Monday made the announcement....

China shares at 21-month high

Reuters October 09, 2017 14:35:16

Chinese shares climbed on Monday after a week-long break as a disappointing survey on the country’s service sector did little to dent optimism on global growth, while political uncertainty cause...

Asian markets mostly advance

-- October 09, 2017 13:03:42

Most Asian markets rose Monday following a strong week on Wall Street as Chinese trading resumed after a holiday. The Shanghai Composite Index rose 1.1 per cent to 3,383.73 points and Sydney’s...

Sudan to extend ceasefire till December

Reuters October 09, 2017 12:41:51

Sudan will extend a unilateral ceasefire with rebels until the end of December, state news agency SUNA reported on Sunday, just days after the United States lifted 20-year-old sanctions tied to progre...

Turkey, US suspend visa services

BBC October 09, 2017 11:26:34

Turkey and the US have become embroiled in a consular row, mutually suspending most visa services. The Turkish embassy in Washington said it needed to "reassess" the US government's commitment to the...

China service-sector growth falls in Sept

-- October 09, 2017 11:24:02

Growth in China’s services sector fell to the lowest level for 21 months in September as the pace of new business cooled, a private survey showed. The survey was in sharp contrast to an officia...

60pc of Monarch passengers back in the UK

BBC October 09, 2017 00:25:17

More than 60 per cent of holidaymakers left overseas when Monarch Airlines collapsed have now flown back to the UK, the Civil Aviation Authority says. The CAA stepped in after all of Monarch's flight...

Two die in Ghana gas station explosion

Xinhua October 08, 2017 13:02:48

Two people were confirmed dead after an explosion at a gas station Saturday evening in the north of Ghana's capital city, a local official told Xinhua. The explosion, which occurred around 7:30 p.m....