Search results for: global

China to invest $14.6b to develop digital economy

-- September 19, 2018 12:42:26

China will invest 14.6 billion US dollars (about 100 billion yuan) for developing the digital economy in the next five years, the Cyberspace Administration of China (CAC) said. The investments will...

Asian shares inch up amid trade war concerns

-- September 19, 2018 12:15:01

Asian shares inched up on Wednesday, despite jitters over the escalating trade dispute between the US and China. Japan's benchmark Nikkei 225 added 1.4 per cent in early trading to 23,741.29. Austr...

Tokyo stocks advance as exporters lift

-- September 19, 2018 12:08:51

Japan’s Tokyo stocks advanced Wednesday morning as a comparatively weak yen gave exporter issues a boost, while semiconductor issues also drew buying. The 225-issue Nikkei Stock Average added 3...

Two Koreas agree to pursue joint 2032 Olympic Games bid

-- September 19, 2018 11:28:23

The two Koreas have agreed to pursue a bid to co-host the 2032 Olympic Games, they said in a joint statement on Wednesday following a summit between North Korean leader Kim Jong Un and South Korean Pr...

McDonald’s workers across US protest over harassment policy

-- September 19, 2018 10:53:50

Staff at McDonald's restaurants in 10 US cities have walked out over claims the fast food giant is not doing enough to prevent sexual harassment. The strike comes after 27 women filed complaints agai...

China to penalise $60b of US imports

-- September 19, 2018 10:50:06

China and the United States plunged deeper into a trade war on Tuesday after Beijing added $60 billion of US products to its import tariff list in retaliation for President Donald Trump’s planne...

Japan land prices post 1st rise in 27 years

-- September 18, 2018 14:51:05

The average land prices of Japan has rose for the first time in 27 years in the year to July 1 as an influx of foreign tourists boosted demand for hotel properties and shops, according to a governme...

Asian shares slip as Sino-US trade tensions intensify

-- September 18, 2018 11:39:09

Asian shares fell and copper prices eased on Tuesday after Washington announced new tariffs on Chinese imports, inflaming trade tensions between the world’s two biggest economies. US stock futu...

UK faces worse outlook if no Brexit deal: IMF

-- September 17, 2018 15:28:46

Britain’s economy would face a “significantly worse” outlook if the country leaves the European Union (EU) next year without a deal than if it reaches a Brexit agreement, IMF said...

Pompeo seeks to restore ties with alienated US diplomats

-- September 17, 2018 15:23:00

US Secretary of State Mike Pompeo has nearly doubled promotions of top American diplomats as he seeks to restore diplomatic ties with a workforce alienated by his predecessor, Rex Tillerson. Since ta...

Mideast stocks fall on new US tariff threats

-- September 17, 2018 14:53:59

Mideast stocks opened lower on Monday as investors worried about reports the United States was preparing a new round of tariffs on Chinese imports. Such a move would set up a possible escalation in...

UK parliament will vote to back Brexit deal: May

-- September 17, 2018 14:26:31

Prime Minister Theresa May said the British parliament will vote to back any Brexit deal she strikes with the European Union and it would not be possible to achieve a better deal. “When we come...

Asian shares slugged by new US tariff threat

Reuters September 17, 2018 12:04:51

Most Asian share markets slid on Monday amid reports Washington was about to announce a new round of tariffs on Chinese imports, setting the stage for possible reprisals by Beijing. Liquidity was thi...

Japan conducts first submarine drill in South China Sea

-- September 17, 2018 11:31:31

A Japanese submarine joined a naval drill in the South China Sea for the first time, the Ministry of Defence said on Monday, in an escalation of Japanese activity in the disputed waterway claimed by C...

London mayor calls for second referendum on Brexit

-- September 16, 2018 16:00:52

London mayor Sadiq Khan has called for another referendum on Britain’s European Union membership, saying the prime minister’s handling of Brexit negotiations had become “mired in con...

India finance minister says govt confident of meeting fiscal deficit target

-- September 16, 2018 15:42:54

Finance Minister Arun Jaitley said on Saturday that the government is confident of meeting its fiscal deficit target of 3.3 per cent of gross domestic product in the current fiscal year, a day after o...

US arrests ‘serial killer’ border agent for four murders

-- September 16, 2018 14:45:28

A US Border Patrol agent has been arrested in the state of Texas on suspicion of killing four women. Officers began looking for Juan David Ortiz in the city of Laredo after a fifth woman allegedly es...

China tells Taiwan to stop spying, sabotage activities immediately

-- September 16, 2018 13:58:16

China on Sunday accused Taiwan’s spy agencies of stepping up efforts to steal intelligence with the aim of “infiltration” and “sabotage”, and warned the island against fu...

Coal India seeks ‘coal export policy’

-- September 16, 2018 13:07:30

Coal India Limited (CIL), the country’s state-run coal mining company, wants a policy on coal exports before it could finalise commercial contracts for exporting the dry fuel, official sa...

Wall Street posts weekly gains

-- September 16, 2018 12:28:21

Wall Street advanced in the week ending Sept. 14 as investors digested a batch of economic data amid trade concerns. All three major indices reported positive results, with the Dow, the S&P 500...

Pope expels Chilean priest accused of child abuse

-- September 16, 2018 12:01:25

Pope Francis expelled a Chilean priest under investigation in a case involving the sexual abuse of children, according to a report by local media on Saturday, amid a growing global abuse scandal that...

Russian church cuts ties with Constantinople over Ukraine

-- September 15, 2018 14:54:15

The Russian Orthodox Church has effectively cut diplomatic relations with the Patriarchate of Constantinople, which has authority over the world's 300 million Orthodox Christians. It follows signs th...

Rwanda decides to release jailed opposition leader

-- September 15, 2018 14:21:53

Rwanda has decided to immediately free Victoire Ingabire, an opposition leader jailed for 15 years, after President Paul Kagame exercised his power to grant mercy, the justice minister said on Saturda...

Military chopper crashes in Afghanistan, killing all five aboard

-- September 15, 2018 12:26:24

A helicopter carrying security forces crashed in western Afghanistan, killing all five people on board, including the pilot, officials said on Saturday, but ruled out a militant attack. A wave of ass...

US prices of imports, exports edge down in Aug

-- September 15, 2018 12:13:53

United States import prices dropped 0.6 per cent and exports prices edged down 0.1 per cent in August, the US Department of Labor reported on Friday. The decline of import prices in August was the...

Trade hopes boost global stocks

-- September 15, 2018 11:41:26

World stocks hit their highest levels in over a week on Friday as expectations grew that the US and China would open new trade talks. The MSCI All-Country World index, which tracks shares in 47 co...

US stocks fall back as Trump greenlights China tariffs

-- September 15, 2018 11:29:43

Wall Street fell back on Friday after US President Trump instructed aides to proceed with tariffs on about $200 billion in Chinese products. US stocks, which had been trading marginally in positive t...

Tariffs threaten market-leading tech, consumer stocks

-- September 15, 2018 11:12:06

US technology and consumer discretionary stocks have been insulated from global trade tensions, but if another round of US tariffs on Chinese goods goes into effect, even those high-flying sectors cou...

‘Mariachi’ gunmen kill three in Mexico tourist plaza

-- September 15, 2018 10:53:15

Gunmen with rifles and pistols killed three people on Friday and injured at least seven in a tourist plaza in downtown Mexico City, police said, adding that they were chasing three men dressed as mari...

Super Typhoon 'Mangkhut' batters northern Philippines

-- September 15, 2018 10:43:38

A strong typhoon packing winds of more than 200 kph (124 mph) tore across the northern tip of the Philippines on Saturday, bringing heavy rain and causing widespread power and communications outages....