Search results for: global

US slaps new sanctions on Venezuela after clashes on border

-- February 26, 2019 11:55:01

The United States targeted Venezuela’s government with new sanctions on Monday and called on allies to freeze the assets of its state-owned oil company PDVSA after deadly violence blocked humani...

US airstrike kills 35 al Shabaab militants in Somalia

-- February 26, 2019 11:34:01

The United States military said Monday that its latest airstrike in Somalia killed 35 fighters with the al Shabaab extremist group not far from the Ethiopian border. The US military command for the A...

Iran’s foreign minister suddenly resigns

-- February 26, 2019 10:50:32

Iran's Foreign Minister Mohammad Javad Zarif has said he is stepping down, in a surprise announcement posted to his Instagram account. He apologised for "shortcomings" during his time in government....

Trump delays tariff hike on Chinese goods

-- February 25, 2019 12:54:19

President Donald Trump has said he would delay an increase in US tariffs on Chinese goods thanks to “productive” trade talks and that he and Chinese President Xi Jinping would meet to seal...

Police arrest over 100 separatists in Kashmir raids

-- February 23, 2019 15:22:17

More than 100 separatists in Kashmir were detained in overnight raids, police officials said on Saturday, as part of a crackdown on groups that might cause trouble ahead of nationwide elections set to...

Colombia destroys drug lord Pablo Escobar’s home

-- February 23, 2019 13:55:26

Colombia destroyed an infamous apartment building which was once home to drug trafficker Pablo Escobar in a controlled implosion on Friday, after the site became a tourist destination. The “Mon...

Brexit: Three UK ministers issue delay warning

-- February 23, 2019 13:36:56

Brexit should be delayed if Parliament does not approve a deal in the coming days, three cabinet ministers have warned publicly for the first time. Ahead of crucial votes in the Commons, Greg Clark,...

Trump admin bans abortion referrals at US-funded clinics

-- February 23, 2019 12:25:22

The Trump administration said on Friday that taxpayer-funded family planning clinics which primarily serve low-income Americans will no longer be able to refer patients for abortions, a move that crit...

China bond issuance reaches 3.2tr yuan in Jan

-- February 23, 2019 12:01:16

The value of bonds issued in China in January totalled 3.2 trillion yuan (about 476.5 billion US dollars), according to data from the central bank. Treasury bond issuance stood at 170 billion yuan, w...

Beijing registered 180,000 new businesses in 2018

-- February 23, 2019 11:33:27

The number of registered companies in Beijing rose by 6.5 per cent to 1.65 million by the end of 2018, authorities said. The Beijing municipal administration for market regulation showed that the Chi...

Sudan’s Bashir declares emergency, dissolves govt

-- February 23, 2019 11:03:57

Sudan President Omar al-Bashir, facing the country’s biggest popular protests since he came to power 30 years ago, declared a one-year state of emergency on Friday and called on parliament to po...

Indian shares flat, Kotak Mahindra falls

-- February 22, 2019 13:24:03

Indian shares were subdued on Friday amid declines in broader Asia triggered by a worsening global growth outlook, while Kotak Mahindra Bank Ltd sank to a three-week low. ING Group is looking to sell...

Asian shares edge down in cautious trade

-- February 22, 2019 13:14:02

Asian shares edged down on Friday after a slide on Wall Street as nervous investors eyed US-China trade talks in Washington. Japan’s benchmark Nikkei 225 slipped 0.3 per cent to 21,402.57 in mo...

Japan Jan core CPI rises 0.8pc y/y

-- February 22, 2019 12:24:09

Japan's core consumer prices increased in January from a year earlier, the government said in a report on Friday. According to the Ministry of Internal Affairs and Communications, core consumer price...

China sees 'enormous potential' in Saudi economy

-- February 22, 2019 09:27:38

China sees “enormous potential” in Saudi Arabia’s economy and wants more high-tech cooperation, the Chinese government’s top diplomat said, as Saudi Crown Prince Mohammed bin S...

Global stocks mostly rise ahead of US-China tariff war talks

-- February 21, 2019 20:30:46

Most global stock markets rose Thursday as US and Chinese officials entered two days of negotiations aimed at ending a bruising tariff battle, according to AP. In midday trading in Europe, Britain&rs...

Apple, Goldman Sachs to jointly launch credit card paired with iPhone: WSJ

-- February 21, 2019 19:54:08

Goldman Sachs Group Inc has teamed up with Apple Inc to issue credit cards that will be paired with iPhones and will help users manage their money, the Wall Street Journal reported here on Wednesday,...

StanChart sets aside $900m to cover US, British fines

-- February 21, 2019 16:45:55

Standard Chartered PLC (StanChart) has set aside $900 million to cover fines resulting from regulatory investigations in the United States and Britain, potentially drawing a line under probes which ha...

Johnson & Johnson receives federal subpoenas related to baby powder litigation

-- February 21, 2019 16:17:57

Johnson & Johnson said on Wednesday it has received subpoenas from the US Justice Department and the Securities and Exchange Commission (SEC) related to litigation involving alleged asbestos conta...

China central bank sees benchmark rate cut

-- February 21, 2019 15:30:43

China’s central bank is not yet ready to cut benchmark interest rates to spur the slowing economy, despite cooling inflation and a stronger yuan, which have fanned market expectations of such a...

Saudi Aramco to sign China refinery deals as crown prince visits

-- February 21, 2019 14:21:12

Saudi Aramco plans to sign preliminary deals to invest in two oil refining and petrochemical complexes in China during the Saudi Arabian crown prince’s visit this week, sources familiar with the...

Dollar inches up after Fed minutes

-- February 21, 2019 14:00:00

The dollar inched up on Thursday after minutes from the Federal Reserve’s last meeting revived expectations for a possible US rate hike this year while the Aussie dollar skidded on policy easing...

Sony to beef up chip business with new engineers

-- February 21, 2019 13:46:12

Sony Corp said on Thursday it will assign 40 per cent of its new engineer hires in Japan over the next two years to the chip business which includes imaging sensors, as it looks for growth from new ap...

Taiwan says no compromise on democracy

-- February 20, 2019 15:03:51

Taiwan will not accept any deal that destroys its sovereignty and democracy, President Tsai Ing-wen said on Wednesday after the island’s opposition KMT party said it could sign a peace deal with...

May visits Brussels again, seeking Brexit breakthrough

-- February 20, 2019 13:47:19

British Prime Minister Theresa May makes another trip to Brussels on Wednesday, hoping European Commission chief Jean-Claude Juncker may prove more yielding than of late to salvage her Brexit deal. W...

Trade weakness likely to extend into Q1: WTO

-- February 20, 2019 13:30:24

Trade weakness is likely to extend into the first quarter (Q1) of 2019, said the World Trade Organization (WTO) on Tuesday, warning also of a potential further deterioration. The international trade...

SE Asian stocks rally; Philippines leads gains

-- February 20, 2019 12:23:29

Southeast Asian stock markets rose on Wednesday as hopes for an extension to the March 1 deadline for a deal between US and China were boosted by US President's comments amid a fresh bout of talks. U...

Asian shares edge up after Wall St gain

-- February 20, 2019 12:08:22

Asian shares edged up on Wednesday after a modestly high finish on Wall Street that extended the market’s gains into a fourth week. The Nikkei 225 index rose 0.6 per cent despite news that Japa...

Modi breaks protocol to welcome Saudi crown prince

-- February 20, 2019 11:37:55

Indian Prime Minister Narendra Modi broke with government protocol to personally welcome Saudi Arabia’s Crown Prince Mohammed bin Salman to New Delhi on Tuesday. Ordinarily, the prime minister...

Asian shares flirt with four-month highs

-- February 19, 2019 14:24:52

Asian shares hovered near four-month highs on Tuesday as investors took heart from some progress in Sino-US trade talks, while the yen slipped as the Japanese central bank said it won’t rule out...