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Search results for: global

South Korea August exports fall for ninth month

-- September 01, 2019 12:25:01

South Korea’s exports tumbled in August for a ninth consecutive month, on sluggish demand from its biggest buyer, China, and depressed prices of computer chips globally, government data showed o...

US hits China with fresh tariffs

-- September 01, 2019 11:01:11

The US has imposed fresh tariffs on $112bn (£92bn) of Chinese imported goods. It marks a sharp escalation of the bruising trade war between the world's two largest economies. The move is the f...

China rises to top engine of global economic growth in 70 years

Xinhua August 31, 2019 17:25:24

China has ranked first in terms of contribution to global economic growth since 2006, becoming the leading engine of world economic growth, an official report said Thursday. In the past 70 years, Chi...

US blacklists Iranian tanker ‘bound for Syria’

-- August 31, 2019 14:49:14

The US Treasury has blacklisted an Iranian tanker it claims is being used to ship oil to Syria. The Adrian Darya 1, previously known as Grace 1, was detained by British authorities in Gibraltar in Ju...

Bus plunges into river in Pakistan, killing 24

-- August 31, 2019 12:48:43

A passenger bus carrying about 24 passengers fall into a river in Kohistan district of Pakistan's northwest Khyber Pakhtunkhwa province, killing all the people on board, a senior police officer told X...

Pompeo’s remarks make talks with US more difficult: North Korea

-- August 31, 2019 11:27:55

A recent remark by US Secretary of State Mike Pompeo about “North Korea’s rogue behaviour” will make talks with the United States more difficult, the North’s KCNA news agency o...

Air Canada fined for not using French language

-- August 31, 2019 11:06:30

Air Canada has been ordered to pay a French-speaking couple 21,000 Canadian dollars ($15,700; £12,900) and write them a letter of apology for violating their linguistic rights. The couple compl...

India's GDP growth hits six-year low

Reuters August 31, 2019 10:10:01

India’s economy grew at its weakest pace since 2013 between April and June as consumer demand and government spending slowed amid global trade frictions, raising chances of the central bank cutt...

India announces series of mergers of state-run banks

Reuters August 30, 2019 19:24:47

India announced a series of mergers involving 10 state-owned banks on Friday, as it moves to strengthen a sector struggling under a mountain of debt and ensure stronger balance sheets to boost lending...

India's economic growth seen slipping in Apr-Jun

Reuters August 30, 2019 13:25:01

India’s economy likely expanded at its weakest pace in more than five years in April-June, a Reuters poll showed, as consumer demand and private investment weakened at a time global trade fricti...

Myanmar jails filmmaker for criticising army on Facebook

-- August 29, 2019 15:04:33

A Myanmar court on Thursday sentenced a prominent filmmaker to one year in prison with hard labour for Facebook posts that criticised the military. Min Htin Ko Ko Gyi was arrested in April and accuse...

Malaysia's producer price index falls 2.2 pc in July

-- August 29, 2019 14:58:04

Malaysia's producer price index (PPI) for local production dropped 2.2 per cent year-on-year in July as most sectors posted negative growths, official data showed Thursday. Malaysian Statistics Depar...

Indonesia pledges $40b to modernise Jakarta ahead of new capital

-- August 29, 2019 12:30:57

The Indonesian government is not abandoning Jakarta after announcing plans to move the country’s capital, its planning minister said, pledging to spend $40 billion to save the slowly sinking cit...

UK parliament suspension sparks furious backlash

-- August 29, 2019 11:06:25

The British prime minister's decision to suspend parliament has prompted an angry backlash from MPs and opponents of a no-deal Brexit. It sparked protests across the country, a legal challenge and a...

‘US should honour nuclear deal if it wants talks with Iran’

-- August 29, 2019 10:47:54

Iran’s foreign minister Mohammad Javad Zarif said on Thursday the United States will have to observe the 2015 nuclear deal if it wants to meet for talks and that Washington was engaging in &ldqu...

Facebook acknowledges flaw in Messenger Kids app

-- August 29, 2019 10:35:45

Facebook Inc acknowledged a flaw in its Messenger Kids app, weeks after two US senators raised privacy concerns about the application, and said that it spoke to the US Federal Trade Commission about t...

Chinese gov't debt ratio rises in second quarter

-- August 28, 2019 14:55:21

The Chinese government's leverage ratio edged up in the second quarter (Q2) of 2019 amid efforts to support economic growth and improve weak links. According to NIFD report, the end-June debt ratio f...

Australia to investigate foreign interference at universities

-- August 28, 2019 14:33:34

Australia is to formally investigate foreign interference in its universities amid rising concerns about Chinese influence on campuses. The push follows reports of students and staff "self-censoring"...

Indian SC to hear pleas challenging abrogation of Article 370

-- August 28, 2019 13:22:36

The Indian Supreme Court on Wednesday decided to examine the legal challenge against the Centre’s decision to abrogate Article 370, which gave special status to Jammu and Kashmir, and referred t...

Honduras president to inaugurate ‘diplomatic office’ in Jerusalem

-- August 28, 2019 12:13:04

Honduran President Juan Orlando Hernandez will travel to Jerusalem to inaugurate a ‘diplomatic office’ in the city on Sept 1, the Honduran government said in a statement on Tuesday. The o...

US retail giant Costco opens first store in China

Xinhua August 28, 2019 11:24:19

US based retail giant Costco Wholesale opened its first brick-and-mortar store on the Chinese mainland on Tuesday. The 14,000-square-metre store is located in southwest Shanghai, with 3,400 stock-kee...

China denies US warship port visit

-- August 28, 2019 11:04:11

China has denied a request for a US Navy warship to visit the Chinese port city of Qingdao in recent days, a US defence official told Reuters on Tuesday, at a time of tense ties between the world&rsqu...

Blasts hit Gaza police checkpoints; three dead

-- August 28, 2019 10:50:25

Explosions hit two police checkpoints in the Gaza Strip on Tuesday, killing three officers and wounding several other Palestinians, the Hamas-run interior ministry said, declaring a state of emergency...

Iran’s Rouhani rules out talks with US until sanctions lifted

-- August 27, 2019 14:57:53

Iran will not talk to the United States until all sanctions imposed on Tehran are lifted, President Hassan Rouhani said on Tuesday, a day after President Donald Trump said he would meet his Iranian co...

RBI bonanza for India govt raises stimulus hopes

Reuters August 27, 2019 14:52:51

The Indian government will receive a windfall from the Reserve Bank of India (RBI) in the current financial year thanks to a much higher-than-expected dividend, allowing Prime Minister Narendra Modi&r...

Brazil to reject G7 aid to fight Amazon fires

-- August 27, 2019 12:33:32

The Brazilian government has said it will reject an offer of aid from G7 countries to help tackle fires in the Amazon rainforest. French President Emmanuel Macron - who hosted a G7 summit that ended...

Asian shares rise on optimism about trade war

-- August 27, 2019 11:46:28

Asian shares were mostly higher on Tuesday as investors found reason to be cautiously optimistic again about the potential for progress in the costly trade war between the US and China. Japan’s...

Johnson & Johnson fined in landmark opioid ruling

-- August 27, 2019 10:45:35

Drugmaker Johnson & Johnson must pay $572m (£469m) for its part in fuelling Oklahoma's opioid addiction crisis, a judge in the US state has ruled. The company said immediately after the jud...

RBA offers $24.5b payout to government

-- August 27, 2019 10:45:33

India's central goverment has offered the country's federal government a payout of 24.5 billion US dollars that include $17.1 billion of surplus and $7.4 billion of excess contingency provision lying...

Nearly 100 companies move to Netherlands ahead of Brexit

-- August 26, 2019 13:39:23

Nearly 100 companies have relocated from Britain to the Netherlands or set up offices there to be within the European Union due to the United Kingdom’s planned departure from the bloc, a Dutch g...