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Search results for: global

US budget deficit up to $107.7b in Aug

-- September 14, 2017 12:16:50

The US federal budget deficit recorded a slightly larger in August than a year ago, while the deficit through the first 11 months of this budget year is well above the same period last year.  ...

Corporate debt, a debilitating drag on Indian economy

Reuters September 14, 2017 11:53:00

  India’s cash crunch and confusion over the introduction of a national sales tax were initially blamed for pulling economic growth down to its weakest pace in more than three years. But t...

Asian shares lackluster after China data

-- September 14, 2017 11:18:14

Asian stocks were little changed on Thursday after data showed retail sales and industrial output growth slowed in China.   Japan's Nikkei 225 was up less than 0.1 per cent to 19,873.62 and Sou...

Students, teachers among 24 die in Malaysia school blaze

FE Online Desk September 14, 2017 11:03:03

At least 24 students and teachers have died in a fire at a religious school in Malaysia's capital, Kuala Lumpur.   The fire at the Tahfiz Darul Quran Ittifaqiyah broke out in the early hours of...

Xi expresses hopes for global tourism boom

-- September 13, 2017 14:06:06

Chinese President Xi Jinping sent a congratulatory message to the 22nd General Assembly of the United Nations World Tourism Organization (UNWTO), which opened Wednesday, saying he hoped for greater de...

Al Qaeda warns Myanmar of 'punishment' over Rohingya

Reuters September 13, 2017 13:58:02

Al Qaeda militants have called for support for Myanmar’s Rohingya Muslims, who are facing a security crackdown that has sent about 400,000 of them fleeing to Bangladesh, warning that Myanmar wou...

Rebel Wilson wins magazine defamation case

BBC September 13, 2017 11:17:42

Australian actor Rebel Wilson has been awarded A$4.5million (£2.7m; $3.6m) payout in a defamation case against a series of magazine articles that had wrongly portrayed her as a serial liar. &nb...

Asian shares rise after overnight gains on Wall Street

-- September 13, 2017 10:48:26

Most Asian stock markets were higher Wednesday after US shares rose on encouraging jobs data while worries about North Korea and twin hurricane disasters eased.   Tokyo's Nikkei 225 rose 0.4 p...

Global economy positive but still fragile: Chinese Premier

-- September 12, 2017 15:59:11

The world economy is showing positive signs but remains fragile and countries should rely on structural reforms, not quantitative easing, to support growth, Chinese Premier Li Keqiang said on Tuesday....

Patty Jenkins becomes highest-paid female director

-- September 12, 2017 13:07:06

The director of the blockbuster hit Wonder Woman, Patty Jenkins is all set to return for the superhero film’s highly-anticipated sequel, ending months of speculation.   Jenkins has closed...

Google appeals against EU anti-trust fine

BBC September 12, 2017 10:59:51

Tech giant Google has lodged an appeal against the 2.4billion euro fine (£2b / $2.8b) which was ordered to pay by the European Commission in June.   The regulator had ruled that positioni...

Asian stocks rise after Irma weakened

-- September 11, 2017 14:02:44

Asian stocks jumped and the dollar strengthened Monday after Hurricane Irma weakened and North Korea marked a weekend holiday with celebrations but refrained from launching more missiles, easing geopo...

Breakthrough in stretchable electronics

Xinhua September 10, 2017 12:39:27

Using rubbery materials, scientists at the University of Houston have successfully created a new form of stretchable electronics that holds promise in health monitors, medical implants and artificial...

Tokyo bourse approves listing of Japan's first ESG funds

-- September 09, 2017 17:28:10

Japan Exchange Group, the operator of the Tokyo Stock Exchange, said on Friday it had approved the listing of three socially responsible exchange-traded funds - the first of their kind in Japan - crea...

S Korean stocks fall

-- September 09, 2017 17:27:07

South Korean shares fell on Friday, as automakers led by market heavyweight Hyundai Motor dropped on worries its Chinese joint venture partner may pull out following the deployment of an anti-missile...

Thai share hits over four-year high

-- September 09, 2017 17:25:34

Thai shares climbed to a more than four-year high on Friday, while most other Southeast Asian stock markets traded range-bound. Robust Chinese trade data lent support to broader Asian shares, with an...

China stocks edge up

-- September 09, 2017 17:22:58

China stocks edged up on Friday, poised for a fourth straight week of gains, amid signs investors are pumping fresh money into a market buoyed by solid economic growth and a resurgent yuan. With the...

S&P 500 ends slightly lower

-- September 09, 2017 11:33:09

The S&P 500 ended slightly lower on Friday as investors braced for potential damage from Hurricane Irma as it drove toward Florida.   The Dow eked out a gain, helped by a 4.0-per cent rise...

UK inflation expectations hold steady: BoE

Reuters September 08, 2017 14:53:40

The British public’s expectations for inflation remained stable in the three months to early August, a Bank of England survey showed on Friday, despite this year’s rise in price growth aft...

Asian shares slip on N Korea worries

-- September 08, 2017 11:00:25

Asian shares mostly slipped Friday as worries remained about the damage from Hurricane Irma in the US, as well as lingering fears about ballistic missile launches and nuclear weapons in North Korea....

BNM holds key rate as growth is solid

-- September 07, 2017 15:24:08

Bank Negara Malaysia (BNM), the central bank of Malaysia, has left its benchmark interest rate unchanged on Thursday as expected, as it sees the economy remaining on a solid growth.   All 11 ec...

Facebook reveals ‘Russian propaganda’ on US election

BBC September 07, 2017 13:53:02

Facebook says it has discovered a Russian-funded campaign for promoting divisive social and political messages on its network.   The company said $100,000 (£77,000) was spent on about 3,0...

SE Asian stocks rise after Wall Street gains

-- September 07, 2017 12:12:16

Southeast Asian stock markets rose on Thursday, tracking a recovery in global equities as Wall Street gained overnight.   An index of stocks across Asia, excluding Japan, gained 0.5 per cent, a...

US stocks climb as energy shares jump

-- September 07, 2017 10:55:18

US stocks climbed on Wednesday, boosted by energy shares and helped by news of an agreement to extend the debt limit, as stocks bounced back from a day-earlier selloff.   The energy sector rose...

Asian shares rise after US debt deal

-- September 07, 2017 10:39:39

Asian stocks rose Thursday after President Donald Trump cut a deal with Democrats to extend borrowing limits to buy more time for the US government, giving investors much needed relief.   Japan...

Industrial park in Malaysia's Kuantan on track, says MCKIP chairman

-- September 07, 2017 00:37:15

KUALA LUMPUR, Sept. 6 (Xinhua): The Malaysia-China Kuantan Industrial Park (MCKIP), the first industrial park to be jointly developed by Malaysia and China, is on track to achieve its investment targe...

China to spend over $1.0t on planes over next 20 yrs: Boeing

-- September 07, 2017 00:35:57

BEIJING/SHANGHAI, Sept 6 (Reuters): Chinese airlines are likely to buy more than 7,000 planes worth $1.1 trillion over the next 20 years, as they grow their fleets to meet robust demand for domestic a...

India freezes bank accounts of shell cos

-- September 06, 2017 19:01:06

India has frozen the bank accounts of 209,032 suspected shell companies as part of a crackdown on illegal transactions and tax evasion, the finance ministry has said. The latest action against shell...

German industrial orders fall in July

Reuters September 06, 2017 12:26:46

German industrial orders fell unexpectedly in July on weak domestic demand while bookings from abroad remained flat, data showed on Wednesday. Factories registered a 0.7 per cent drop in orders after...

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...