Search results for: global

US fund managers trim bank stocks on profit worries

-- September 02, 2018 10:54:52

US-based mutual fund managers worried about the outlook for bank earnings have been trimming financial stocks from their portfolios, although some value-oriented portfolio managers and analysts said t...

Blasts hit Syrian air base

-- September 02, 2018 10:52:54

Syrian state media said loud blasts coming from an airbase early on Sunday were from an explosion at an ammunitions dump caused by an electrical problem, but an official in the regional alliance backi...

UK will not compromise with EU on Brexit plan, May says

-- September 02, 2018 10:23:29

British Prime Minister Theresa May said she would not compromise with Brussels over her plans for Brexit as a media report said rivals in her party were set to publish their own proposal calling for a...

N Korea prepares for toned-down military parade, say analysts

-- September 01, 2018 15:14:19

Satellite imagery shows North Korea is poised to stage another military parade amid new worries that diplomatic efforts on denuclearisation are stalling, though analysts say it is unclear whether it w...

Protests erupt in Uganda after lawmakers detained at airport

-- September 01, 2018 13:47:17

Protests erupted in the Ugandan capital on Friday after police detained two lawmakers at the international airport as they prepared to travel abroad for medical care, witnesses said. People demonstra...

India to help build Raxaul-Kathmandu rail link

-- September 01, 2018 13:35:22

India will help Nepal construct a rail link between Nepalese capital Kathmandu and Indian border town of Raxaul in eastern Bihar state for smoother movement of passengers and cargo. The officials of...

India sees big GDP growth in three months to June

-- September 01, 2018 13:04:19

India’s annual economic growth surged to a more than two-year high of 8.2 per cent in the three months through June, giving Prime Minister Narendra Modi’s government a political boost in t...

Brazil’s electoral court bars Lula from running for president

-- September 01, 2018 12:49:45

Brazil’s top electoral court has barred jailed former president Luiz Inacio Lula da Silva from running in this year’s presidential because of his corruption conviction. The widely expecte...

World stocks end August lower

-- September 01, 2018 11:24:44

World stocks ended August much as they began the month - under the dark cloud of a potentially worsening trade war. A closely watched barometer of equities world wide fell for a second day on Friday...

Wall St mixed as US-Canada trade talks end

-- September 01, 2018 10:55:58

US stocks were mixed on Friday as US-Canada trade talks ended without resolution, the S&P 500 closed flat while the Dow edged down and the Nasdaq closed higher in light trading. Capping a low-v...

US stocks open lower as trade concerns weigh

-- August 31, 2018 20:42:55

Wall Street opened lower on Friday for a second day in a row, as concerns about the ongoing trade talks between the United States and other major economies hampered a record rally for the major inde...

European shares fall on trade war threats

-- August 31, 2018 18:13:15

European shares slipped for a second day on Friday on reports that US President Donald Trump is planning more tariffs on China, while Whitbread surged after clinching a $5.1 billion deal with Coca-C...

Silva Pharma to allocate 30m IPO shares

FE Report August 31, 2018 16:15:14

Silva Pharmaceuticals is set to allocate 30 million ordinary shares among successful applicants as the company's IPO lottery draw was held on Thursday. The event was held at the auditorium of the Ins...

India's economy likely grew 7.6 per cent

-- August 31, 2018 13:32:16

India’s economy likely sustained strong growth momentum for a second straight quarter in April-June, but the depreciating rupee and monetary tightening pose risks for coming periods. The Reuter...

European shares retreat on trade fears

-- August 30, 2018 16:19:18

European shares retreated on Thursday, tracking a decline in Asian trading as weakness in Chinese markets eclipsed optimism that a NAFTA deal could be struck by Friday’s deadline. The pan-Eu...

10 die in South Africa bus crash

-- August 30, 2018 15:24:55

At least ten people died after a bus travelling from South Africa’s Cape Town to the Eastern Cape overturned in the early hours of Thursday morning, traffic officials said. The accident occurre...

Egypt's security forces kill 20 ‘militants’ in western desert, Sinai

-- August 30, 2018 13:49:48

Egypt has killed 20 suspected militants in an air strike in its western desert and shootouts in the Sinai peninsula, the military said on Wednesday, part of ongoing operations. The government launche...

BIMSTEC Summit: FMs agree on projects worth $50b

-- August 30, 2018 13:14:25

The foreign ministers of BIMSTEC countries have agreed to identify and push forward 167 various connectivity-related projects at an estimated cost of $50 billion. The ministers of the Bay of Bengal I...

Ex-Scottish leader quits over sexual misconduct claims

-- August 30, 2018 12:13:01

Former Scottish National Party (SNP) leader Alex Salmond has resigned from the party amid allegations of sexual misconduct. In a statement he said he wanted to avoid internal division within the SNP,...

Argentina asks IMF for early release of $50b bailout funds

-- August 30, 2018 11:35:01

Argentina's government has unexpectedly asked for the early release of a $50 billion loan from the IMF amid a growing economic crisis. President Mauricio Macri said the move was designed to restore c...

Asia stocks dip

-- August 30, 2018 10:30:29

Asian stocks surrendered earlier gains and dipped on Thursday, with Chinese markets fixed firmly on risks from the Sino-US trade war and taking little comfort from an apparent easing in business tensi...

Indian political rivals’ clashes kill two

-- August 29, 2018 16:27:37

Police in eastern India say supporters of rival political parties have exchanged gunfire and hurled crude bombs at each other, killing at least two people and injuring 13. Police officer Abhitjit Ban...

London house price to crash: Reuters poll

-- August 29, 2018 14:10:53

House prices in London’s overvalued market will fall this year and next, a Reuters poll of around 30 housing market specialists predicted. The house prices will tumble if Britain fails to reach...

Tokyo stocks rise on US stocks' gains

-- August 29, 2018 12:30:53

Japan’s Tokyo stocks advanced on Wednesday tracking gains on Wall Street overnight with investors relieved about potentially easing global trade tensions. The 225-issue Nikkei Stock Average add...

Brazil sends army to Venezuela border

-- August 29, 2018 12:06:15

Brazil said it was sending armed forces to keep order near the Venezuelan border area, while Peru declared a health emergency, as a regional crisis sparked by thousands of Venezuelans fleeing economic...

Asian shares climb after Wall Street gain

-- August 29, 2018 11:42:23

Asian shares rose slightly on Wednesday after Wall Street gained on strength in technology and retailing shares. Tokyo's Nikkei 225 rose 0.4 per cent to 22,914.69 and Hong Kong's Hang Seng advanced 0...

Myanmar rejects UN accusation of ‘Rohingya genocide’

-- August 29, 2018 11:28:11

Myanmar has rejected a UN report which called for top Burmese military figures to be investigated for genocide against the Rohingya Muslim minority. Government spokesman Zaw Htay said the country did...

Irish foreign minister urges UK to clarify its Brexit stance

-- August 28, 2018 15:46:24

Ireland’s Foreign Minister Simon Coveney said on Tuesday that more clarity was needed about Britain’s stance regarding its planned departure from the European Union. “I hope that Br...

Exerting pressure unhelpful in resolving Rohingya issue: China

-- August 28, 2018 15:05:41

China said on Tuesday that exerting pressure was not helpful in resolving the issue of Rohingya Muslims in Myanmar after UN investigators said Myanmar’s military had carried out mass killings of...

Five die in China aluminium plant explosion

-- August 28, 2018 14:05:34

Five people were killed by an explosion at an aluminium plant in eastern China’s Jiangsu province on Tuesday morning, state-run China News reported, citing local authorities. The blast occurred...