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Search results for: global

Asian shares mixed after oil tanker attack

-- June 14, 2019 12:06:35

Asian shares were mixed Friday as investors weighed a variety of factors, including suspected attacks on two oil tankers in the strategic Strait of Hormuz. The lingering worries about trade conflict...

Economists expect Fed to cut rates: survey

-- June 14, 2019 11:53:48

The Wall Street Journal reported Thursday that more than three quarters of the economists polled by the newspaper expected the US Federal Reserve to cut interest rates. On the timing of the policy mo...

UK housing market gets some relief from Brexit delay

-- June 13, 2019 12:34:32

The housing market of Britain steadied in May and a measure of prices improved as the delay in the country’s European Union exit gave some encouragement to buyers, a survey showed on Thursday....

PBOC injects $14.51b into market

-- June 13, 2019 11:08:33

The People's Bank of China (PBOC), China's central bank, on Thursday pumped 100 billion yuan (about 14.51 billion US dollars) into the financial system through open market operations. To maintain sta...

Asian shares mixed amid Hong Kong protests

-- June 13, 2019 11:04:35

Asian shares were mixed on Thursday as protesters in Hong Kong vowed to keep opposing a proposed extradition bill they fear would whittle down the Chinese territory’s legal autonomy. The protes...

Tokyo stocks end lower on profit-taking

-- June 12, 2019 13:50:53

Tokyo stocks ended lower Wednesday after the market inherited a weak lead from Wall Street overnight, with some investors opting to take profits before the release of key US economic data due out late...

Asian shares slip after retreat on Wall Street

-- June 12, 2019 13:44:36

Asian shares slipped on Wednesday while Hong Kong’s Seng index tumbled 1.7 per cent as thousands continued protests against proposed legislation. Renewed jitters over the trade war between the...

Expectations low for Trump-Xi talks

Reuters June 12, 2019 11:26:56

With under three weeks to go before proposed talks between the Chinese and US leaders, expectations for progress toward ending the trade war are low and sources say there has been little preparation f...

S Korea's state benefit for unemployed hit record high in May

-- June 11, 2019 14:27:04

South Korea's state benefit for the unemployed and job-seekers hit a record high in May on an increased benefit and the higher number of beneficiaries, a government report showed Tuesday. The state a...

SE Asian stocks rise; Indonesia slips

-- June 11, 2019 12:14:56

Southeast Asian stock markets were mostly higher on Tuesday, while Indonesia slipped from a more than one-month high hit in the previous session. Singapore stocks rose, taking cues from broader Asian...

Asian shares rise after Trump comments

-- June 11, 2019 12:04:33

Asian shares were mostly higher on Tuesday after US President Donald Trump suspended plans to impose tariffs on Mexican imports and said he expects to meet with the Chinese leader. Japan's benchmar...

'Dramatic' fall in car output hits UK economy

-- June 10, 2019 17:01:37

A 'dramatic' fall in car production and an easing of stockpiling by manufacturers meant the economy shrank in April, official figures show. The economy contracted 0.4 per cent from the month before,...

Tens of thousands take to streets in Hong Kong against extradition bill

-- June 09, 2019 13:21:16

Tens of thousands of people took to Hong Kong’s streets on Sunday in a last bid to block a proposed extradition law that would allow suspects to be sent to China to face trial, with police braci...

Angelina Jolie urges int'l support for Venezuelan children

-- June 09, 2019 10:58:50

Hollywood star Angelina Jolie on Saturday urged the international community to provide more support to three South American countries with the most migrants from crisis-hit Venezuela, saying 20,000 Ve...

UK’s Johnson threatens to withhold $50 billion Brexit payment

-- June 09, 2019 10:38:34

Boris Johnson, the leading candidate to succeed Theresa May as Britain’s next prime minister, said he would withhold a previously agreed 39 billion pound ($50 billion) Brexit payment until the E...

Boeing ‘delayed fix of faulty 737 MAX warning light for three years’

-- June 08, 2019 12:49:52

Boeing Co learned that a cockpit warning light on its 737 MAX jetliner was defective in 2017 but decided to defer fixing it until 2020, US lawmakers said on Friday. The defective warning light alerts...

Putin stands by China, criticises US over trade wars

-- June 08, 2019 12:21:32

Aggressive US tactics such as a campaign against Chinese telecoms firm Huawei will lead to trade wars - and possibly real wars - Russian President Vladimir Putin said on Friday, in a show of solidarit...

Liberians protest against corruption, economic decline

-- June 08, 2019 11:56:42

Thousands of Liberians took to the streets of the capital, Monrovia, on Friday to protest against the corruption and economic decline that many blame on their once hugely popular president, former foo...

Heavy fog blankets Sydney, causes flight delays

-- June 08, 2019 11:37:50

Heavy fog blanketed Australia’s Sydney on Saturday morning, delaying flights, creating hazards for shipping and setting social media ablaze with moody photographs of disappearing landmarks. Shi...

US jobs growth slows down in May

-- June 07, 2019 20:36:51

The US economy created far fewer jobs than expected last month and wages also rose less than forecast, according to BBC. Some 75,000 jobs were created in May rather than the 185,000 expected by analy...

Govt forces kill 18 militants in Afghanistan

-- June 07, 2019 15:16:33

Eighteen militants were killed and four others wounded following an anti-terrorism operation in Afghanistan's eastern Logar province on Friday, provincial government said. "The raid was launched by S...

Spain deports 94 Taiwanese to Beijing for telecom fraud

-- June 07, 2019 13:36:25

Ninety-four people from Taiwan landed in Beijing on Friday after being deported from Spain as part of a joint operation against telecom fraud launched three years ago, the Chinese police ministry said...

Australia’s largest-ever meth haul seized at port

-- June 07, 2019 12:43:25

Australian authorities say they have seized the nation's largest-ever haul of methamphetamine, an illicit drug known locally as ice. The drugs, with an estimated street value of A$1.2bn (£660m;...

Eastern Libyan forces attack Tripoli airport for second night

-- June 07, 2019 11:28:37

Eastern Libyan forces on Thursday conducted an air strike for a second night on the military section of the only functioning airport of the Libyan capital, a statement by the force said. The Libyan N...

Huawei CFO Meng’s extradition hearing set for Jan 2020

-- June 07, 2019 10:44:20

Huawei Chief Financial Officer Meng Wanzhou will challenge her extradition to the United States on fraud charges at hearings set to begin Jan 20, 2020, court records showed, after her legal team appea...

UAE says ‘state actor’ behind oil tanker attacks

-- June 07, 2019 10:35:30

The United Arab Emirates has told the UN Security Council that a "state actor" was most likely behind attacks on four tankers off its coast. The May 12 attacks bore the hallmarks of a "sophisticated...

US tightens Venezuela oil sanctions

-- June 07, 2019 10:14:52

The US Treasury Department on Thursday tightened its pressure on Venezuela’s state-owned oil company by making clear that exports of diluents by international shippers could be subject to US san...

IMF warns US about trade risks, financial vulnerabilities

-- June 06, 2019 20:30:44

WASHINGTON, June 06: The International Monetary Fund on Thursday warned the United States that escalating trade disputes or an abrupt downturn in financial markets could pose substantial risks for the...

Wipro founder Azim Premji to retire next month

-- June 06, 2019 19:42:01

NEW DELHI, June 06: IT major Wipro Ltd today announced that its founder Azim H Premji would retire as executive chairman and managing director (MD) of the company by the end of July, report agencies....

Trump threatens China with tariffs on further $300b of goods

-- June 06, 2019 17:15:40

SHANNON, Ireland/BEIJING, June 06: US President Donald Trump threatened to hit China with tariffs on “at least” another $300 billion worth of Chinese goods but said he thought both China a...