Search results for: global

S Korea secures UN sanctions exemption for inter-Korean rail survey

-- November 24, 2018 10:50:42

South Korea said on Saturday it had received sanctions exemptions from the UN Security Council for a joint survey on inter-Korean rail. It is the first step towards implementing an inter-Korean agree...

Wall Street drops, S&P 500 confirms correction

Reuters November 24, 2018 10:38:11

US stocks closed lower in a shortened post-holiday trading session on Friday as the energy sector tumbled on continued weakness in oil prices, and the benchmark S&P 500 confirmed its second correc...

Gunmen kill six in southern Libya

-- November 24, 2018 10:15:13

Gunmen raided a town deep in Libya’s southern desert, killing six, the municipality said on Friday, adding that it believed the militant group Islamic State was responsible. A military source s...

Wall Street slips at the open

Reuters November 23, 2018 21:06:57

US stocks fell at open on Friday as energy stocks took a hit from oil prices sliding to their lowest in more than a year, while investors were nervous ahead of US-China trade talks at the G20 summit n...

China leads Asian shares lower on growth, trade worries

Reuters November 23, 2018 12:23:14

Asian shares slipped on Friday as trade tensions continued to hurt sentiment, while weak corporate earnings in Europe added to worries about global growth and outweighed hopes for progress in Brexit n...

Foreign tourists visiting S Korea rise 31pc in Oct

-- November 22, 2018 14:51:55

Foreign tourists visiting South Korea jumped in October as Chinese and Japanese visitors travelled to the country during the autumn holiday period, tourism agency data showed Thursday. The number of...

Massive dust storm blankets Australia; health warning issued

-- November 22, 2018 13:13:45

A giant dust storm has blanketed communities across south-east Australia, turning skies orange and raising concerns about air quality. Authorities issued a public health alert for Sydney on Thursday...

Southeast Asian stocks tread water

-- November 22, 2018 12:14:06

Most Southeast Asian stock markets treaded water on Thursday while Indonesian shares gained, clawing back some of the previous session's losses. Broader Asian shares ticked up slightly, drawing confi...

Singapore’s economy grows 3pc in Q3

-- November 22, 2018 12:10:32

Singapore's economy grew by 3.0 per cent in the third quarter, expanded at a much slower pace than initially thought, from the previous three months on an annualised and seasonally adjusted basis....

Vietnam oil tank truck fire kills six

-- November 22, 2018 11:52:21

A petrol tank truck fire broke out Thursday morning in Vietnam’s southern Binh Phuoc province, leaving at least six people, including a family of four, dead and dozens of others injured, local m...

Libyan gunmen release kidnapped Egyptian workers

-- November 22, 2018 11:03:05

Egyptian workers taken hostage in Libya this week over a financial dispute between Libyan contractors and their Egyptian partner have been freed, a relative of one of the hostages said. The governor&...

Nikkei flat; cosmetics stocks jump

-- November 22, 2018 10:45:27

Japan’s Nikkei share index was little changed on Thursday as investors stayed on the sidelines before a three-day weekend. The markets traded mostly flat but companies linked to inbound tourism...

US mulls sanctions on Cuban officials aiding crackdown in Venezuela

-- November 22, 2018 10:41:49

The Trump administration is considering imposing sanctions on Cuban military and intelligence officials who it says are helping Venezuela’s socialist government crackdown on dissent, according t...

Asian shares tick up

Reuters November 22, 2018 09:45:49

Asian shares stepped ahead cautiously on Thursday while oil rebounded from a steep sell-off, though rising US interest rates and escalating trade tensions kept financial markets on edge amid signs of...

Wall Street set to open higher as tech shares recover

-- November 21, 2018 20:38:08

Wall Street was set to claw back some of the losses from a brutal two-day sell off on Wednesday as Apple Inc and other major technology stocks regained a foothold and oil prices steadied, according to...

Greece predicts 2.5pc GDP growth for 2019

-- November 21, 2018 20:35:40

Greece has projected its economy would grow by 2.5 per cent next year, as it submitted its first post-bailout budget to parliament promising to return a high surplus. Presenting its 2019 budget, vett...

China has failed to alter 'unfair, unreasonable' trade practices: US

Reuters November 21, 2018 15:29:09

WASHINGTON: The Trump administration on Tuesday said that China has failed to alter its “unfair” practices at the heart of the U.S.-China trade conflict, adding to tensions ahead of a high...

European shares rebound on budget hopes

-- November 21, 2018 15:13:08

European shares rose on Wednesday as Italian banks rebounded on hopes Rome could compromise with Brussels over its budget plans. The STOXX 600 rose 0.5 percent in early trading, on course to snap a...

Asian shares sell-off in trade tensions

-- November 21, 2018 15:01:42

Asian shares fell on Wednesday after a trade dispute between the US and China stalled a weekend meeting, dimming hopes that it could be resolved once their leaders meet. Japan’s benchmark Nik...

Kenya beats India in world tea market so far

-- November 21, 2018 12:08:50

Record tea crop in Kenya has given a tough competition to Indian tea in the global markets in the second half of the year. Indian tea has failed to maintain higher prices in the world market as Kenya...

IMF delays Sri Lanka's loan discussion on political crisis

-- November 21, 2018 11:52:49

COLOMBO: The International Monetary Fund (IMF) said on Tuesday it had delayed discussions on Sri Lanka’s next loan tranche due to the country’s political crisis. The IMF has disbursed o...

Nissan shares slump after Ghosn's arrest

Reuters November 20, 2018 14:00:58

Nissan Motor Co’s shares fell more than 6 percent on Tuesday as Chairman Carlos Ghosn’s arrest a day earlier sent shockwaves through the business world and threw into doubt the future of J...

French jobless rate steady in third quarter

-- November 20, 2018 13:08:06

France’s jobless rate held steady in the third quarter (Q3) despite recent employment gains, according to data published by the INSEE national statistics office. The INSEE said that the unemplo...

Nissan, Mitsubishi shares slump on Ghosn arrest

-- November 20, 2018 11:59:54

Nissan and Mitsubishi shares have slumped in early Tokyo trade, after the arrest of chairman Carlos Ghosn. He is accused of under-reporting his income by 5 billion yen ($44.4 million) over five years...

Global stock markets tumble on tech sell-off, dollar sags

Reuters November 20, 2018 11:23:45

Asian stock markets skidded on Tuesday, extending sharp losses on Wall Street as technology firms bore the brunt of worries about slackening demand, while the dollar sagged after weak US data further...

Mexican drug lord Beltran Leyva dies of cardiac arrest

-- November 19, 2018 14:44:25

Hector Beltran Leyva, a Mexican drug lord whose cartel earned a reputation as one of the country’s most vengeful and ruthless, died late on Sunday in hospital of cardiac arrest after being trans...

Nigeria’s Buhari launches manifesto for re-election bid

-- November 19, 2018 14:25:00

Nigerian President Muhammadu Buhari has launched his manifesto, hoping his anti-corruption agenda can win him a second term at a Feb 16 election. Buhari, a military ruler in the early 1980s, in 2015...

Hong Kong activists plead not guilty in ‘Umbrella’ movement trial

-- November 19, 2018 12:58:06

Nine pro-democracy activists in Hong Kong have pleaded not guilty in a trial seen as a test of judicial independence from Beijing. They have been charged with "public nuisance" over the 2014 "Umbrell...

Japan's trade deficit widens; exports up

-- November 19, 2018 12:52:47

Japan's trade deficit grew to its largest since July 2015 in October as a gain in exports was outpaced by a nearly 20 per cent jump in imports. The Ministry of Finance said Monday that exports grew a...

Putin told Pence Russia didn't meddle in US election: Kremlin

-- November 19, 2018 12:41:36

Russian President Vladimir Putin told US Vice President Mike Pence Russia had nothing to do with meddling in the 2016 US election, Interfax reported on Monday, during discussions about an upcoming mee...