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The Financial Express

Search results for: global

Global growth to recover to 2.5pc in 2020: WB

Xinhua January 09, 2020 16:59:53

Global economic growth is projected to recover to 2.5 per cent in 2020, up slightly from the post-crisis low of 2.4 per cent registered in 2019, but downside risks persist, the World Bank said on Wedn...

US oil imports up, exports down last week: EIA

-- January 09, 2020 15:50:41

US crude oil imports increased while exports decreased during the week ending Jan. 3, the US Energy Information Administration (EIA) said on Wednesday. US crude oil imports averaged 6.73 million barr...

Three policemen die in clash with protesters in Vietnam

Reuters January 09, 2020 14:44:46

Three policemen were among at least four people killed in Vietnam on Thursday when protesters attacked soldiers building a wall near a military airport, the Ministry of Public Security said. The prot...

Prince Harry, Meghan to step back as senior royals

-- January 09, 2020 10:40:06

The Duke and Duchess of Sussex have announced they will step back as "senior" royals and work to become financially independent. In a statement, Prince Harry and Meghan also said they plan to split t...

Asian shares rebound as Mideast tensions ease

REUTERS January 09, 2020 10:24:40

Asian stocks rebounded on Thursday and oil edged up as the United States and Iran backed away from the brink of further conflict in the Middle East and investors unwound safety plays. US President Do...

Italy's overall tax burden drops slightly

-- January 08, 2020 13:29:54

The overall tax burden in Italy dipped slightly over the first nine months of last year compared to the same period in 2018, according to Italy's National Institute of Statistics. The institute also...

Facing Brexit unknowns, UK financial sector pays record taxes

REUTERS January 07, 2020 15:41:34

Britain’s financial industry paid a record near-$100 billion in taxes in the year to March, reaffirming its central role in funding the state at a time when its future prospects have been cloude...

Germany to cut troop numbers in Iraq after Soleimani’s killing

-- January 07, 2020 14:08:39

Germany is moving some of its military personnel from Iraq to neighbouring countries over security concerns, the government told lawmakers, days after the killing of a top Iranian military commander i...

Vietnam's industrial production rises 8.86 pc in 2019

-- January 07, 2020 12:19:38

Vietnam's national index of industrial production rose 8.86 per cent on-year in 2019, the country's General Statistics Office announced on Tuesday. Main driver of the surge, the processing and manufa...

Tibet's GDP grows 9pc in 2019

-- January 07, 2020 12:13:18

The gross domestic product (GDP) in southwest China's Tibet Autonomous Region grew about nine per cent in 2019. Tibet's GDP was estimated at more than 160 billion yuan (around 23 billion US dollars)...

Over 60,000 Mexicans ‘disappeared’ in drug war

-- January 07, 2020 11:59:30

More than 60,000 people have disappeared in Mexico since the start of the country's war on drugs in 2006, according to authorities. The number is far higher than previous estimates of around 40,000....

Asia stocks bounce, oil slips as Iran anxiety ebbs

REUTERS January 07, 2020 10:42:00

Asian shares rebounded on Tuesday as a day passed without any new escalation in the Middle East and Wall Street erased early losses to end in the black as tech stocks climbed. Oil surrendered hefty g...

Taiwan Dec export growth seen slowing: Reuters poll

-- January 06, 2020 14:55:12

Taiwan’s exports likely grew at a slower pace in December, after beating expectations with a 3.3 per cent on-year increase in the prior month, according to a Reuters poll. Taiwan is one of Asia...

BOJ to conduct policy carefully over Iran tensions

-- January 06, 2020 14:50:40

Bank of Japan (BOJ) Governor Haruhiko Kuroda has said the central bank would conduct monetary policy “carefully” while scrutinising overseas economic risks, such as escalating tensions bet...

Delhi police probe attack on students at elite university

-- January 06, 2020 14:11:53

Delhi police are investigating how masked men burst into a premier university and attacked a student protest with sticks and rods, an officer said on Monday, the latest incident to ignite criticism of...

Australian bushfires hit businesses, damage still being assessed

-- January 06, 2020 11:37:45

As Australia’s deadly bushfires rage, many companies are reporting hits to business with resorts shutting their doors, cheesemakers struggling to secure milk supplies and insurance claims on the...

Australia bushfire: Fundraiser raises A$20m in 48 hours

-- January 05, 2020 13:53:22

A fundraiser for fire services in New South Wales, Australia has raised more than A$20 million (£10.6m; $13m) in just 48 hours, as the state battles a bushfire crisis. Australian comedian Celes...

Airstrike kills 28 students of military academy in Libya’s Tripoli

-- January 05, 2020 12:30:21

An airstrike hit a military academy in the Libyan capital Tripoli late on Saturday, killing 28 students and injuring 18 others. "Initial casualties indicate that 28 students of the military academy w...

Daimler recalls 744,000 US Mercedes-Benz vehicles for faulty sunroofs

-- January 05, 2020 11:39:30

German automaker Daimler AG said on Saturday it will recall 744,000 Mercedes-Benz vehicles in the United States from the 2001 through 2011 model years because the sunroof glass panel could detach and...

Greta changes Twitter name to ‘Sharon’ after game show error

-- January 04, 2020 12:02:33

Greta Thunberg has changed her name to Sharon on Twitter, in honour of a game show contestant who appeared to have no idea who she was. While appearing on BBC's Celebrity Mastermind, actor Amanda Hen...

Bushfire sweeps across southeast Australia, two more dead

-- January 04, 2020 11:23:00

Bushfires were burning dangerously out of control on Australia’s east coast on Saturday, fueled by soaring temperatures and strong winds that had firefighters battling to save lives and property...

Oil price rises on fear of Iranian retaliation against US

Associated Press January 03, 2020 19:00:16

The price of oil surged Friday as global investors were gripped with uncertainty over the potential repercussions after the United States killed Iran's top general. News that Gen. Qassem Soleimani, h...

Asian shares stumble after US air strikes in Iraq

REUTERS January 03, 2020 14:01:46

Asian shares fell on Friday, erasing early gains, while oil prices spiked after US air strikes in Iraq killed a top Iranian commander, heightening geopolitical tensions. Iranian major-general Qassem...

US weekly jobless claims drop to 222,000

-- January 03, 2020 13:47:23

The number of initial jobless claims in the United States dropped last week, according to a report released by the US Bureau of Labor Statistics on Thursday. The number of people filing for US unempl...

Singapore posts decade-low growth in 2019

-- January 02, 2020 14:40:15

Singapore’s economy expanded at its slowest pace in a decade last year as its manufacturing sector contracted, preliminary data showed on Thursday. The export-oriented economy has been hit hard...

Taiwan military chief among eight dead as chopper makes forced landing

-- January 02, 2020 13:52:37

Taiwan’s top military official was among eight people killed on Thursday after the helicopter carrying them made a forced landing in a mountainous area near the capital Taipei, the defence minis...

Mukesh Ambani takes on retail giant Amazon

-- January 02, 2020 13:29:52

A conglomerate run by Asia's richest man has started a service that aims to compete with Amazon in India. Mukesh Ambani's Reliance Industries said it had been inviting people to sign up to its grocer...

Indonesia flood death toll rises, tens of thousands evacuated

-- January 02, 2020 13:02:59

Tens of thousands of people were evacuated in Indonesia’s capital Jakarta on Thursday after flash floods and landslides in the area killed up to 21 people, with more heavy rain forecast, authori...

China halts British stock link over political tensions

-- January 02, 2020 12:52:43

China has temporarily blocked planned cross-border listings between the Shanghai and London stock exchanges because of political tensions with Britain, five sources told Reuters. Suspending the Shang...

Israel's agricultural damages reach $77m in 2019

-- January 02, 2020 12:43:21

Israeli agricultural damages totalled 265 million new shekels (about 77 million US dollars) in 2019, according to a government report published Wednesday. The average annual damage over the last 5 ye...