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The Financial Express

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Madagascar gets $44.5m IMF loan to boost economy

Madagascar gets $44.5m IMF loan to boost economy

-- 2017-12-07 02:28:06

The International Monetary Fund (IMF) said it has approved a further $44.5 million credit for Madagascar, as part of a drive to support the country’s economic recovery. The IMF and other inter...

WB predicts 4.9pc economic growth for Kenya

WB predicts 4.9pc economic growth for Kenya

-- 2017-12-07 01:28:05

The World Bank has cut its 2017 growth estimate for Kenya’s economy to 4.9 per cent, which would be the slowest annual expansion in five years, It has cut the estimated growth due to the countr...

Japan's Q3 GDP seen revised up slightly

Japan's Q3 GDP seen revised up slightly

-- 2017-12-06 12:34:49

Japan’s economy was expected to expand slightly faster in the third quarter than first estimated, a Reuters poll found. Strong capital spending and showing robust exports and business invest...

China shares slip to three-month lows

China shares slip to three-month lows

-- 2017-12-06 12:12:31

Shanghai stocks fell to three-month lows on Wednesday, amid rising expectations that central banks will tighten liquidity, pushing interest rates higher. At 04:20 GMT, the Shanghai Composite index wa...

Japanese shares drop record low

Japanese shares drop record low

-- 2017-12-06 12:04:32

Japan’s Nikkei share average slipped on Wednesday, falling below its 25-day moving average almost for the first time since September, as materials, shippers and other cyclical shares came under...

German train crash wounds six

German train crash wounds six

-- 2017-12-06 12:03:37

Six people have been injured in a train crash near the German city of Düsseldorf, emergency services say. A passenger train collided with a freight train in the town of Meerbusch, according to r...

Police foil plot to assassinate British PM; two detained

Police foil plot to assassinate British PM; two detained

-- 2017-12-06 12:00:00

The Metropolitan Police said that two men arrested last week had been charged with terrorism offenses and would appear in Westminster Magistrates’ Court on Wednesday. The Metropolitan Police sa...

Strong quake shakes central Philippines

Strong quake shakes central Philippines

-- 2017-12-06 12:00:00

A 4.9-magnitude earthquake rocked the central Philippines on Wednesday, the Philippine Institute of Volcanology and Seismology (Phivolcs) said. The epicenter of the earthquake was recorded 14 kilomet...

French rock star Johnny Hallyday dies

French rock star Johnny Hallyday dies

AP 2017-12-06 12:00:00

Johnny Hallyday, France’s biggest rock star for more than half a century and an icon who packed sports stadiums and all but lit up the Eiffel Tower with his pumping pelvis and high-voltage tunes...

China Nov data to show economy debt-pressed

China Nov data to show economy debt-pressed

Reuters 2017-12-06 12:00:00

A raft of Chinese data in coming weeks is expected to show the world’s second-largest economy came under growing pressure in November as the government intensified crackdowns on polluting indust...

China shuts down 'teaching women obedience' school

China shuts down 'teaching women obedience' school

BBC 2017-12-06 12:00:00

Chinese authorities have shut down an institute that was teaching women to be obedient and subordinate to men. The education bureau said the institute, which claimed it taught "traditional virtues",...

Wall Street losses pull down Asian stocks

Wall Street losses pull down Asian stocks

Reuters 2017-12-06 11:44:02

Asian stocks slipped on Wednesday, dragged by losses on Wall Street as the technology sector stuttered yet again after a brief rebound, while the dollar sagged on lower long-term US yields. Weaker co...

Listeria outbreak kills dozens in South Africa

Listeria outbreak kills dozens in South Africa

-- 2017-12-06 11:12:32

At least 36 people have died in South Africa after an outbreak of a food borne disease, Listeriosis, Health Minister Aaron Motsoaledi has said. A total of 557 cases had been reported, mostly in the e...

Australian economy slows in Q3

Australian economy slows in Q3

-- 2017-12-06 01:37:19

Australian gross domestic product (GDP) grew by 0.6 per cent in the third quarter, slowing from the previous quarter when it rose 0.9 per cent, data from the Australian Bureau of Statistics showed. T...

Nikkei ends mostly lower

Nikkei ends mostly lower

-- 2017-12-05 12:51:19

Japan’s Nikkei share average dropped on Tuesday with semiconductor equipment manufacturers’ stocks hit by weakness in US tech shares overnight, undercutting gains for banks and brokerages....

Pakistani man arrested for pro-India slogan

Pakistani man arrested for pro-India slogan

-- 2017-12-05 12:00:00

A Pakistani man has been arrested in the city of Haripur for writing "Long live India" on a wall. Police said the 20-year-old match factory worker had admitted writing the slogan "Hindustan Zindabad"...

France issues warning to US over Jerusalem

France issues warning to US over Jerusalem

-- 2017-12-05 12:00:00

French President Emmanuel Macron has told Donald Trump he is "concerned" the US leader could unilaterally recognise Jerusalem as Israel's capital. Any decision on the contested city's status must be...

Apple Mac security issue may reoccur

Apple Mac security issue may reoccur

-- 2017-12-05 12:00:00

A software fix Apple released to close a serious Mac security bug may not have fixed the problem on some machines. The bug meant anyone with physical access to a Mac running High Sierra could get adm...

Asia-Pacific credit conditions improving, tail risks rising

Asia-Pacific credit conditions improving, tail risks rising

FE Online Desk 2017-12-05 12:00:00

Credit prospects are better for Asia-Pacific economies given that market fears that were prominent a year agohave largely abated. That's according to S&P Global Ratings in a reportpublished rece...

Honduran President in lead, opposition rejects vote count

Honduran President in lead, opposition rejects vote count

-- 2017-12-05 12:00:00

The final vote count in Honduras' presidential election left the incumbent President with a narrow lead on Monday. But the main opposition candidate called the tally a fraud and urged the police and...

Sierra Leone’s peace diamond fetches $6.5m

Sierra Leone’s peace diamond fetches $6.5m

BBC 2017-12-05 12:00:00

A giant 709-carat diamond unearthed in Sierra Leone has sold at auction in New York for $6.5m (£4.8m). Laurence Graff, chairman of Graff Diamonds, won the precious stone - nicknamed the "peace...

UK new car sales plunge again

UK new car sales plunge again

-- 2017-12-05 12:00:00

New car registrations in Britain fell by around 11 per cent in November, the eighth consecutive month that sales have declined, according to preliminary numbers from an industry body. The sales have...

Discovery raises stake in Oprah Winfrey Network

Discovery raises stake in Oprah Winfrey Network

Reuters 2017-12-05 12:00:00

Discovery Communications Inc said on Monday it had raised its stake in its joint venture with TV mogul Oprah Winfrey to more than 70 percent. Discovery paid $70 million to acquire an additional 24.5...

Saudi private sector growth rises

Saudi private sector growth rises

-- 2017-12-05 12:00:00

Saudi Arabia’s non-oil private sector grew at its fastest pace in two years in November, amid the sweeping crackdown on corruption, a survey showed on Tuesday. The survey indicated that the swe...

Spanish court refuses to free top Catalan separatists

Spanish court refuses to free top Catalan separatists

-- 2017-12-05 11:14:41

Spain’s Supreme Court refused bail for two Catalan pro-independence leaders accused of sedition ahead of regional elections that Madrid hopes will defuse the nation’s worst political crisi...

UN peacekeeper dies in CAR militant attack

UN peacekeeper dies in CAR militant attack

-- 2017-12-05 10:37:03

A UN peacekeeper was killed and three others were wounded after the Christian anti-Balaka forces attacked a UN police checkpoint in Central African Republic (CAR), said the United Nations. The attac...

Irish services sector growth falls in Nov

Irish services sector growth falls in Nov

-- 2017-12-05 03:48:51

Ireland’s services sector expanded at the slowest pace in 12 months in November due to weaker domestic demand, a survey showed on Tuesday. The Investec Services Purchasing Managers’ Ind...

US factory orders slip in October

US factory orders slip in October

-- 2017-12-05 03:42:41

New orders for US-made goods fell 0.10 per cent in October and shipments of core capital goods were much stronger than previously reported, the Commerce Department has said. Factory goods orders dipp...

Australian retail sales bounce in Oct

Australian retail sales bounce in Oct

-- 2017-12-05 03:33:44

Australian retail sales bounced in October after months of lukewarm demand, a bright sign for spending in the upcoming holiday season as Amazon.com Inc opened its doors for business Down Under. The r...

Cyclone Ockhi: Western Indian states on high alert

Cyclone Ockhi: Western Indian states on high alert

-- 2017-12-05 03:07:41

Authorities sounded a high alert in western states of Gujarat and Maharashtra in India Tuesday in view of Cyclone Ockhi, officials said. According to Indian meteorological department officials, Cyclo...