Search results for: global

India's plunging inflation rate opens door to monetary easing

-- January 15, 2019 14:40:53

India’s annual retail inflation rate dropped to an 18-month low of 2.19 per cent in December, strengthening views of some economists that the central bank could ease monetary policy next month a...

Tokyo court denies Ex-Nissan boss Ghosn’s request for release on bail

-- January 15, 2019 13:39:54

The Tokyo District Court on Tuesday denied former Nissan Motor Co Ltd Chairman Carlos Ghosn’s request for release on bail after his indictment last week on two new charges, including for aggrava...

Indonesia posts record trade gap in 2018

-- January 15, 2019 13:17:05

Indonesia, classified as a newly industrialised country, posted wider-than-expected trade deficit in December, bringing the gap for 2018 to the largest ever, the statistics bureau said on Tuesday. De...

Bank of China offers Sri Lanka $300m loan

-- January 15, 2019 12:42:25

Bank of China (BOC) has offered a loan of $300 million (232.68 million pounds) to Sri Lanka which can be raised to $1 billion, a source in Colombo with direct knowledge of the matter, said. The sourc...

China starts new recycling drive as foreign trash ban widens

-- January 15, 2019 12:36:12

China plans to launch 100 new large-scale recycling ‘bases’ by the end of next year, part of a campaign to make better use of its resources after extending a ban on foreign trash imports....

Southeast Asian stocks bounce back

-- January 15, 2019 12:17:56

Most Southeast Asian stock markets recovered on Tuesday with Singapore leading the gains, as China hinted at supportive monetary policies to strengthen its economy. China will strengthen monitoring o...

Hundreds of Honduran migrants head for US in new caravan

-- January 15, 2019 11:41:20

Hundreds of Honduran migrants began the long trek north on Monday, part of new US-bound caravan that hopes to succeed even as a previous wave of Central Americans were unable to quickly enter the Unit...

New Zealand junior doctors strike paralyses hospitals

-- January 15, 2019 11:23:41

Nearly 80 per cent of junior doctors across New Zealand walked off the job at public hospitals on Tuesday after a breakdown in union talks with the government over working conditions and wages. The s...

Asian shares rebound after China data

-- January 15, 2019 11:21:18

Asian shares rebounded from slight early losses on Tuesday after senior economic officials said Beijing will cut taxes and keep monetary policy flexible to help weather China’s slowdown. Japan&...

SA bloc urges Congo to recount votes cast in election

-- January 14, 2019 14:30:43

An influential African bloc has urged Democratic Republic of Congo to recount votes cast in its disorganised presidential election, raising pressure on Kinshasa to ensure the legitimacy of the next go...

Ex-Nissan boss Ghosn suffering ‘harsh’ treatment in jail, wife says

-- January 14, 2019 13:10:12

The wife of ousted Nissan Motor Co Ltd chairman Carlos Ghosn has urged New York-based Human Rights Watch to draw attention to his “harsh treatment” during detention in a Japanese jail, a l...

Indian shares fell in line Asian peers

-- January 14, 2019 12:39:06

Indian shares fell in line with broader Asia on Monday after a shock contraction in Chinese exports raised fears of a sharper global slowdown, but the blow was cushioned by gains in Infosys Ltd. The...

Trump threatens to ‘devastate’ Turkey economically over Syrian Kurds

-- January 14, 2019 12:15:20

US President Donald Trump has threatened to “devastate Turkey economically” if it attacks Kurdish forces in Syria following a planned pullout of US troops. In two tweets on Sunday, Trump...

Asian shares fall as China reports slowdown in exports

-- January 14, 2019 12:06:16

Asian shares fell on Monday, extending the latest losses on Wall Street, as China reported a slowdown in exports. Hong Kong’s Hang Seng index lost 1.4 per cent to 26,299.19 while the Shanghai C...

Indonesian Lion Air jet's cockpit voice recorder found

-- January 14, 2019 11:27:19

Indonesia has found the cockpit voice recorder from a Lion Air plane more than two months after the Boeing Co 737 MAX jet crashed into the sea near Jakarta, killing all 189 people on board, search off...

Hong Kong minibus crash kills one, injures 16

-- January 14, 2019 11:14:43

The driver of a minibus died and 16 passengers were injured after the vehicle they were traveling in flipped and crashed onto a boundary wall in China's Hong Kong Special Administrative Region on Mond...

Asian shares falter from 1-1/2-month highs

-- January 14, 2019 11:03:42

Asian shares and US stock futures skidded on Monday after a shock contraction in Chinese exports pointed to deepening cracks in the world’s second-biggest economy and raised fears of a sharper s...

China export grows highest in seven years despite trade war

-- January 14, 2019 10:38:41

China’s exports rose 9.9 per cent in 2018, its strongest trade performance in seven years, despite growing disruptions from an escalating trade war with the United States, customs data showed on...

Qatar Investment Authority targets $45b in US investments

-- January 13, 2019 16:33:22

Qatar Investment Authority aims to raise investments in the United States to $45 billion in the next two years from around $30 billion now. Chief Executive of the body Mansour Ibrahim al-Mahmoud gave...

Missing Colombia’s FARC leader re-appears on video

-- January 13, 2019 12:30:38

A former commander of Colombia's FARC rebel group, Iván Márquez, has released a video six months after going into hiding. In the film, he accuses the government of betraying the terms o...

China stock market inflows could double in 2019

-- January 12, 2019 16:36:45

The inclusion of Chinese A-shares in global stock indexes could see foreign inflows into China’s stock market double in 2019, the Shanghai Securities News quoted a top Chinese securities regulat...

Zimbabwe plans new currency amid dollar shortage

-- January 12, 2019 16:08:18

Zimbabwe will introduce a new currency in the next 12 months as a shortage of US dollars plunges the financial system into disarray, forcing businesses to close and threatening unrest. Finance Minist...

Vietnam eyes $40b garment, textile exports in 2019

-- January 12, 2019 13:05:59

Vietnam will achieve garment and textile export turnovers of 40 billion US dollars this year, up 10.8 per cent from last year, the Vietnam Textile and Apparel Association (VITAS) has said. To this en...

NSE Chairman Ashok Chawla resigns

-- January 12, 2019 12:41:36

Chairman of National Stock Exchange (NSE) Ashok Chawla has resigned from his post, hours after the CBI said federal government has granted it sanction to prosecute him in the Aircel-Maxis case, offici...

Global stocks near flat

-- January 12, 2019 12:26:05

Global stocks were near flat on Friday while the dollar rebounded against most currencies from earlier losses tied to expectations the US central bank is in no hurry to raise interest rates. US stoc...

Israeli warplanes fired missiles toward Damascus, Syria says

-- January 12, 2019 11:21:45

The Syrian state news agency said Israeli warplanes fired a number of missiles toward the Damascus area on Friday, triggering Syrian air defense that shot down most of them.  “The results...

Macedonian parliament agrees to change country name

-- January 12, 2019 11:08:20

Macedonia’s parliament passed an amendment to the constitution on Friday to rename the country Republic of North Macedonia, in line with an agreement with Greece to put an end to a 27-year-old d...

US stocks dip slightly ahead of earnings

-- January 12, 2019 10:55:27

US stocks dipped slightly on Friday, breaking a five-session rally, as investors looked ahead to earnings season, which kicks off next week with Citigroup, JPMorgan and other big banks. Underpinned b...

Three die in Canada bus crash

-- January 12, 2019 10:39:23

Three people were killed and nearly two dozen were injured on Friday when a double-decker bus struck a bus shelter in the Canadian capital of Ottawa during rush hour, city officials said. Part of the...

Germany faces 100 billion euro budget gap through 2023

-- January 11, 2019 17:44:15

The German government faces a gap of around 100 billion euros for its budget plans through 2023 as the economy cools. A German weekly news magazine, Der Spiegel, gave the information in a report on F...