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Search results for: global

CSRC approves three IPOs

-- June 22, 2019 10:36:36

China Securities Regulatory Commission (CSRC) has approved the initial public offering (IPO) applications of three companies. Jiangsu Shemar Electric Co, Ltd, Shanghai-based Quectel Wireless Soluti...

Asian shares retreat after S&P 500 hits all-time high

-- June 21, 2019 12:32:13

Asian shares retreated on Friday after a broad rally for stocks drove the S&P 500 index to an all-time high as weak manufacturing data from Japan helped dampen investor sentiment. Japan’s N...

Trump pulls back from launch of strikes on Iran

-- June 21, 2019 11:20:25

US President Donald Trump approved military strikes on Friday against Iran in retaliation for the downing of an unmanned $130-million surveillance drone, but pulled back from launching the attacks, th...

US aviation authority bans flights over some Iran-controlled airspace

-- June 21, 2019 10:43:25

The US Federal Aviation Administration on Thursday issued an emergency order prohibiting US operators from flying in an overwater area of Tehran-controlled airspace over the Strait of Hormuz and Gulf...

Indonesia plans more tax breaks to lift GDP growth

-- June 20, 2019 13:19:49

Indonesia plans to cut several different taxes to boost investment and accelerate economic growth, its finance minister said on Wednesday. Southeast Asia’s largest economy in the Q1 expanded 5....

RBA flags rate cut, market bets on July

-- June 20, 2019 13:08:06

A top RBA official has said a recent cut in interest rates would not be enough to revive economic growth, an unusually blunt declaration that led markets to narrow the odds on another easing as early...

SE Asian stocks edge up; Philippines slips

-- June 20, 2019 12:55:49

Most Southeast Asian shares edged up on Thursday, as dovish comments from the US Federal Reserve boosted global equities, while signs that Sino-US trade talks were set to resume also helped sentimen...

Asian shares rise on Fed rate cut talk

-- June 20, 2019 12:55:06

Asian shares rose on Thursday after the Federal Reserve reaffirmed that it’s prepared to cut interest rates if needed to shield the US economy from trade conflicts or other threats. The Thursda...

Himalayan glaciers melting far faster this century: Study

-- June 20, 2019 12:11:28

Himalayan glaciers have been melting twice as fast since the start of this century, underscoring the threat the climate crisis poses to water supplies for hundreds of millions of people across Asia, a...

Houthis say they hit Saudi power station with cruise missile

-- June 20, 2019 11:35:51

Yemen’s Iran-aligned Houthis struck a power station in Saudi Arabia’s al-Shuqaiq city, in the southern province of Jizan, with a cruise missile, their Al Masirah TV said on Wednesday, but...

Iran ‘shoots down’ US spy drone

-- June 20, 2019 10:48:58

Iran's Islamic Revolution Guards Corps (IRGC) claim to have shot down a US spy drone over Iranian airspace. State media reported the military hit a drone, which they named as a RQ-4 Global Hawk, near...

MH17 crash investigators to name four suspects

-- June 19, 2019 12:47:57

Investigators probing the downing of a Malaysia Airlines jet in eastern Ukraine in 2014 will present new evidence later on Wednesday. The Dutch-led Joint Investigation Team (JIT) is expected to name...

Rocket hits site of major foreign oil firms in Iraq, two hurt

-- June 19, 2019 11:30:25

A rocket landed at a residential and operations headquarters of several global major oil companies, including US giant ExxonMobil, near Iraq’s southern city of Basra early on Wednesday, wounding...

Asian shares rise on trade optimism

-- June 19, 2019 11:14:54

Asian shares were mostly higher Wednesday on optimism about trade after US President Donald Trump said he will talk with the Chinese leader later this month in Japan. Japan’s benchmark Nikkei 2...

BRI can speed development, needs transparency: WB

-- June 19, 2019 11:02:22

China’s Belt and Road Initiative (BRI) could speed up economic development and reduce poverty for dozens of developing countries, the World Bank has said in a report. The global lender said thi...

US, China to resume trade talks ahead of G20 summit

-- June 19, 2019 10:57:20

US and China will resume trade talks ahead of a meeting between their leaders at a G20 summit next week, US President Donald Trump has said. Mr Trump said on Twitter he had a "very good" call with Ch...

Turkey orders arrest of 128 army personnel over Gulen links

-- June 18, 2019 13:51:22

Turkey has ordered the arrest of 128 military personnel over suspected links to the network accused by Ankara of orchestrating an attempted coup in 2016, state-run Anadolu news agency said on Tuesday....

SE Asian stocks tepid ahead of Fed meeting

-- June 18, 2019 13:46:59

Most Southeast Asian stock markets traded in a tight range on Tuesday as caution ahead of the US Federal Reserve's two-day policy meeting kept investors on the sidelines. Singapore shares rose 0.9 pe...

Indonesia central bank likely to hold key rate

-- June 18, 2019 13:39:35

Bank Indonesia (BI), the central bank of the country, is expected to keep its benchmark interest rate steady at a policy review on Thursday, a Reuters poll showed. The poll also said that the BI may...

Asian stocks mixed ahead of rate decisions

-- June 18, 2019 13:11:55

Asian shares were mixed on Tuesday as caution set in ahead of interest rate decisions by the US Federal Reserve and other central banks. Japan's benchmark Nikkei 225 eased 0.7 per cent to 20,972.71 w...

Rohingya crisis: UN finds its 'systemic failure' in Myanmar

-- June 18, 2019 11:57:39

There was a “systemic failure” of the United Nations in dealing with the situation in Myanmar ahead of a deadly 2017 military crackdown because it did not have a unified strategy and lacke...

Strong quake batters southern China, killing 11

-- June 18, 2019 11:31:56

A strong earthquake that hit Sichuan province in southern China late Monday night killed 11 people and injured 122, the local government said. The Yibin city government posted the casualty toll on it...

US sending 1,000 more troops to Middle East

-- June 18, 2019 11:02:44

Acting US Defence Secretary Patrick Shanahan announced on Monday the deployment of about 1,000 more troops to the Middle East for what he said were defensive purposes, citing concerns about a threat f...

India could benefit from US-China trade war: Study

-- June 17, 2019 15:27:27

The ongoing trade war between the US and China offers an opportunity to India for boosting exports of as many 350 products such as chemicals and granite to these countries, according to a study. The...

US military firms likely to face China rare earth restrictions

-- June 17, 2019 14:57:28

Military equipment firms in the United States will likely have their supply of Chinese rare earths restricted, the Global Times said on Monday, after China's state economic planner confirmed industry...

Indian shares fall on trade war fears

-- June 17, 2019 12:23:51

Indian shares fell on Monday after the country slapped higher tariffs on certain US products in retaliation to Washington’s decision to remove certain trade privileges for New Delhi. India, the...

UK to launch ‘groundbreaking’ China share market link

-- June 17, 2019 11:58:40

UK-listed firms will become the first foreign companies to be able to list in mainland China under a new stock link, the Treasury has said. Chancellor Philip Hammond is due to launch the London-Shang...

Argentina, Uruguay reel after massive blackout

-- June 17, 2019 11:52:49

Power has been restored to much of Argentina and Uruguay after a massive electrical failure left tens of millions of people in the dark. Argentine President Mauricio Macri has promised a full investi...

Pressure mounts on HK leader as democracy activist vows to join protests

-- June 17, 2019 10:54:55

Activist Joshua Wong, who has become the face of Hong Kong’s push for full democracy, walked free from prison on Monday and vowed to join a mass protest movement demanding that the city’s...

Asian shares edge up ahead to Fed

-- June 17, 2019 10:54:01

Asian shares were mostly higher Monday amid a wait-and-see attitude about the direction of interest rates and the trade dispute between the US and China. Japan's benchmark Nikkei 225 gained 0.3 per c...