Search results for: global

Turkey's Erdogan offers support for Venezuela's Maduro

-- January 24, 2019 12:19:57

Turkish President Tayyip Erdogan called Venezuelan President Nicolas Maduro and offered his support after a Venezuelan opposition leader declared himself interim president, a spokesman for the Turkish...

India to remain fastest-growing economy for two years: UN

-- January 24, 2019 11:13:23

India will continue to remain the world's fastest-growing large economy in 2019 as well as in 2020, much ahead of China, a UN's World Economic Situation and Prospects (WESP) report has said. Accordin...

Peruvian police take ex-leader Fujomori back to prison

-- January 24, 2019 11:11:17

Police took Peru’s former authoritarian president Alberto Fujimori back to prison on Wednesday to finish the remaining 13 years of his 25-year sentence for human rights crimes and graft. A cour...

Indonesia releases ex-governor after blasphemy jail term

-- January 24, 2019 10:55:00

The former governor of the Indonesian capital Jakarta, who was jailed for blasphemy in 2017, has been released early. Basuki Tjahaja Purnama, known as Ahok, left the jail outside Jakarta at 07:30 loc...

Tokyo stocks mixed in morning

-- January 24, 2019 10:38:18

Tokyo stocks were mixed on Thursday morning as concerns about a protracted US government shutdown was offset by investors buying on dips following shares'recent declines. The 225-issue Nikkei Stoc...

Asian shares subdued as US political standoff, ECB decision eyed

-- January 24, 2019 10:23:13

Asian shares were subdued on Thursday as political uncertainty in the United States and worries about weakening global economic growth left investors wary of riskier assets. MSCI’s broadest ind...

US home sales hit three-year low

-- January 23, 2019 14:09:25

US home sales tumbled to their lowest level in three years in December and house price increases slowed sharply, suggesting a further loss of momentum in the housing market. November’s sales pa...

UK’s Labour party likely to support bid to stop no-deal Brexit

-- January 23, 2019 13:37:38

Britain’s opposition Labour Party is highly likely to back an amendment by lawmaker Yvette Cooper that could prevent a no-deal Brexit, the second most powerful man in the party said. The Cooper...

Indian shares edge down on trade worries

-- January 23, 2019 13:33:28

Indian shares were little changed on Wednesday, mirroring broader Asian markets where investors stayed away from risky assets, with losses in IT and financial stocks countering gains in consumer stock...

Asian shares flat in subdued trading

-- January 23, 2019 13:27:16

Asian share markets were flat in subdued trading Wednesday as Japan reported weak export data and news surfaced of possible hiccups in China-US trade talks. Japan's Nikkei 225 index was less than 0.1...

HK moves to criminalise disrespecting China’s national anthem

-- January 23, 2019 13:06:39

Hong Kong on Wednesday presented a controversial bill to lawmakers that prescribes jail terms of up to three years for disrespecting the Chinese national anthem, a move critics say raises fresh fears...

Blasts hit Yemen’s capital Sanaa

-- January 23, 2019 11:16:10

Two explosions hit south of Yemen’s Houthi-held capital, Sanaa, early on Wednesday, with one of them being an operation that targeted missiles and weapons cache, Saudi-owned Al Arabiya TV report...

Crackdown on illicit banking: Macau, Beijing police arrest 37

-- January 22, 2019 13:10:50

Police in Macau and mainland China detained 37 suspects in an underground lending case involving more than 30 billion yuan ($4.42 billion), as China steps up measures to reduce economic risks and clam...

S Korea's 2018 GDP growth slows to six-year low

-- January 22, 2019 12:15:56

A surge in South Korean government spending boosted the country’s economy in the fourth quarter (Q4) but weakening exports braked last year’s annual pace of growth to a six-year low. Tues...

IMF warns trade tensions could hit global growth

-- January 22, 2019 12:01:03

The International Monetary Fund has warned that escalating trade tensions could undermine global economic growth. In a new report on the world economic outlook, the IMF also warns of risks from a no-...

France summons Italian ambassador over Africa remarks

-- January 22, 2019 11:14:54

France has summoned Italy's ambassador after the Italian deputy prime minister accused the French of exploiting Africa and fuelling migration. On Sunday, Luigi di Maio called on the European Union to...

UN predicts 3pc global growth in 2019-2020

-- January 22, 2019 10:46:30

The global economy will continue to grow at a steady pace of around 3.0 per cent in 2019 and 2020 amid signs that global growth has peaked, the United Nations said Monday. However, "a worrisome combi...

Asian shares, US stock futures dented by growth worries

-- January 22, 2019 10:18:22

Asian shares and US stock futures slipped on Tuesday as pessimism about world growth drove investors away from risky assets, while sterling dithered as the latest plan for Brexit appeared to come and...

26 billionaires own same wealth as poorest 3.8 billion people

-- January 21, 2019 18:08:55

The 26 richest people own as many assets as the 3.8 billion people who make up the poorest half of the planet’s population. The development charity Oxfam International gave the information in i...

Turkey is ready to take over Syria’s Manbij, Erdogan says

-- January 21, 2019 12:39:26

Turkey is ready to take over security in Syria’s Manbij, where four US citizens died in an Islamic State-claimed bombing last week, President Tayyip Erdogan told US.President Donald Trump in a t...

Asia-Pacific FIs set to face more difficult yr

FE Online Desk January 21, 2019 12:23:42

Potentially higher interest rates, as well as volatile domestic currencies, bond markets, and property prices, would make financing conditions more difficult for Asia-Pacific financial institutions in...

Philippines’ Muslims vote in referendum on autonomy

-- January 21, 2019 11:23:37

Minority Muslims in the southern Philippines cast votes on Monday in a long-awaited referendum on autonomy, the culmination of a peace process to end decades of separatist conflict in a region plagued...

SE Asian stocks rise on trade talk progress

-- January 21, 2019 11:17:17

Southeast Asian stocks rose on Monday, as investors hoped for more stimulus from China after disappointing growth, amid optimism about Washington and Beijing progressing with trade talks. GDP of Chin...

Asia stocks calm as China slows, awaits Brexit news

-- January 21, 2019 10:01:38

Asian markets kept their nerve on Monday as data showed the Chinese economy slowed at the end of last year, underlining the urgent need for more stimulus as Beijing wrestles with the United States ove...

China sees slowest growth in 28 years

-- January 21, 2019 09:42:06

China’s economic growth cooled slightly in the fourth quarter from a year earlier as expected, weighed down by weak investment and faltering consumer confidence as Washington piled on trade pres...

Explosion hits Syria’s Damascus: State TV

-- January 20, 2019 14:26:48

An explosion was heard in the vicinity of Syria’s capital Damascus and initial reports point to a “terrorist” attack, Syrian state TV reported on Sunday morning. State TV reported t...

Saudi-led coalition launches air strikes at rebel-held Yemeni capital

-- January 20, 2019 12:49:14

A Saudi-led coalition launched several air strikes on the Houthi-held Yemeni capital Sanaa overnight, stoking tensions among Yemen’s warring parties as the United Nations struggles to implement...

Testing times from Beijing to Wall Street

Reuters January 20, 2019 12:14:45

If you were surprised by this month’s bounce in global stock markets, next week may tell you if you should join in or stay out. Chinese output data on Monday will set the tone for a week that a...

Over 10,000 protesters march in Belgrade against Serbian president

-- January 20, 2019 12:01:26

More than 10,000 people marched through Belgrade on Saturday evening to protest against the rule of President Aleksandar Vucic and his Serbian Progressive Party (SNS), demanding media freedom as a pre...

China set to post slowest growth in 28 years in 2018

Reuters January 20, 2019 10:57:59

China is expected to report on Monday that economic growth cooled to its slowest in 28 years in 2018 amid weakening domestic demand and bruising US tariffs, adding pressure on Beijing to roll out more...