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Search results for: global

PBOC pumps $5.6 billion into market

-- September 24, 2019 14:11:51

The People's Bank of China (PBOC), the central bank of the country, pumped 40 billion yuan (about 5.6 billion US dollars) into the financial system Tuesday. The PBOC injected the liquidity through 14...

New Zealand removes tax barriers for economic development

Xinhua September 24, 2019 14:08:15

New Zealand government removed two kinds of taxes to support local companies for a more productive, sustainable, and inclusive development on Monday. As part of the release of the government's econom...

Nissan paying $15m, Ghosn $1m to settle US fraud charges

-- September 24, 2019 12:48:42

Nissan will pay $15 million and former chairman Carlos Ghosn will pay $1 million to settle allegations by US regulators that they hid more than $140 million of Ghosn’s retirement benefits from i...

Boeing to pay families of 737 Max crash victims $144,500 each

-- September 24, 2019 12:07:54

Families who lost relatives in fatal Boeing 737 Max air crashes are set to receive about $144,500 (£116,200) each from the company. The money comes from a $50m financial assistance fund, which...

Time for Iran to take steps to reduce tensions: Macron

-- September 24, 2019 11:07:49

The path to reduce tensions in the region has become smaller and the moment has come for Iran to help defuse the crisis, France’s president told his Iranian counterpart on Monday, his office sai...

Papua protests: 16 dead in burned buildings

-- September 24, 2019 10:52:15

At least 16 people are dead and dozens injured in Indonesia's eastern region of Papua after hundreds of protesters, mostly high school students, set fire to several buildings in one city. Among the d...

Trump hails Modi at ‘historic’ Texas rally

-- September 23, 2019 15:34:45

US President Donald Trump and Indian Prime Minister Narendra Modi exchanged warm words of friendship in Texas at a rare mass rally for a foreign leader. Around 50,000 people gathered for what Mr Trum...

S Korea's ICT export posts double-digit fall in August

-- September 23, 2019 13:15:33

South Korea's export of information and communications technology (ICT) products fell in double digits last month on weak demand and lower product price, a government report showed Monday. The ICT ex...

Spain police detain nine Catalan separatists

-- September 23, 2019 13:04:03

Nine Catalan separatists were detained in Catalonia early on Monday for planning violent actions, Spanish police said. “The detentions were ordered by Spain’s High Court,” a spokesw...

Asian shares dip on geopolitical tensions

-- September 23, 2019 12:30:00

Most Asian share markets slipped on Monday as investors waited for more clarity on the Sino-US trade talks after recent negotiations, while oil gained more than 1.0 per cent as Middle East tensions re...

Buildings set ablaze amid fresh unrest in Indonesia's Papua

-- September 23, 2019 12:02:29

Indonesian security forces were battling on Monday to restore order in a town in the easternmost province of Papua, a police spokesman said, following media reports of buildings set ablaze and gunfire...

Rare protests in Egypt after online call for dissent

-- September 21, 2019 14:49:05

Hundreds protested in central Cairo and several other Egyptian cities late on Friday against President Abdel Fattah al-Sisi, responding to an online call for a demonstration against government corrupt...

A big fiscal splash still a step too far for Europe

-- September 21, 2019 14:31:44

Prodded by worries about the worst global economic outlook in a decade and electorates still smarting from years of austerity, euro zone governments are starting to loosen their budgetary purse string...

Germany plans €54 billion climate deal

-- September 21, 2019 13:03:08

Chancellor Angela Merkel's coalition government has agreed to set a price on carbon emissions in a bid to meet a 2030 climate target of cutting greenhouse gases by 55.0 per cent on 1990 levels. The p...

Four Chinese speaking tourists dead in US bus crash

Xinhua September 21, 2019 11:42:33

At least four Chinese speaking tourists were confirmed dead in a tour bus crash near Bryce Canyon National Park in US state of Utah on Friday, according to Utah Highway Patrol (UHP). A total of 30 pe...

US to send troops to Saudi Arabia

-- September 21, 2019 11:24:49

The US has announced plans to send forces to Saudi Arabia in the wake of attacks against the country's oil infrastructure. Secretary of Defense Mark Esper told reporters the deployment would be "defe...

European Parliament for arms embargo on Myanmar

-- September 21, 2019 10:48:47

The European Parliament (EP) has reiterated its call on the UN Security Council (UNSC) to impose a “global comprehensive arms embargo” on Myanmar. It also called for suspending all direct...

Global growth to hit 11-year low: OECD

-- September 20, 2019 14:07:21

The Organization for Economic Cooperation and Development (OECD) has predicted further slowdown in the global economy this year and in 2020, citing escalating trade tension and high policy uncertain...

BOJ holds rate amid global uncertainties

-- September 19, 2019 14:48:42

The Bank of Japan (BOJ) has voted to leave its ultra-easy monetary policy unchanged at the conclusion of its two-day policy-setting meeting. The central bank on Thursday took the decision despite a n...

Taliban car bomb kills 20 in Afghanistan

-- September 19, 2019 12:43:37

A Taliban truck bomb killed at least 20 people and wounded 95 others when it exploded near a hospital in southern Afghanistan, an official said. The Taliban, who have been carrying out nearly daily a...

Trudeau apologises for wearing brown face make-up in 2001

-- September 19, 2019 11:41:42

Canadian Prime Minister Justin Trudeau apologised on Wednesday for wearing brown face make-up in 2001 after an embarrassing picture emerged less than five weeks before an election in which he faces a...

Three dead during Monte Carlo-Venice boat race

-- September 18, 2019 14:44:47

At least three people, including two Britons, have died after a boating accident in the Italian city of Venice. Local media report that a speedboat hit an artificial dam on Tuesday night during a boa...

Netanyahu teetering in close election race

-- September 18, 2019 13:08:23

Israel’s election remained too close to call Wednesday morning, with television stations carrying unofficial results showing Prime Minister Benjamin Netanyahu tied with his main rival, former mi...

Canada posts budget deficit of $10b in FY2018-19

-- September 18, 2019 12:50:39

Canada ended the fiscal year 2018-2019 with a deficit of 14 billion Canadian dollars (10.6 billion US dollars) on March 31, said the Finance Department Tuesday. In fiscal year 2017-2018, Canada saw a...

Mexican authorities find 29 bodies in plastic bags

-- September 18, 2019 11:53:11

Mexican authorities said on Tuesday they had found 29 bodies, packed in more than a hundred plastic bags, dumped in a clandestine grave in the violent western state of Jalisco. Murders in Mexico jump...

Open your eyes: UN envoy to Suu Kyi

-- September 18, 2019 10:54:27

A UN human rights expert has implored Myanmar’s civilian leader Aung San Suu Kyi to ‘feel with her heart before it is too late’, saying that even if Rohingyas wished to return they h...

15 die as truck falls off cliff in Philippines

-- September 17, 2019 14:22:01

Philippine police say at least 15 villagers were killed and several others injured when the truck they were riding in lost control and fell off a cliff in a remote mountain village in the country&rsqu...

ADB President Takehiko Nakao announces resignation

Xinhua September 17, 2019 13:52:42

Takehiko Nakao announced his resignation on Tuesday as the president of the Asian Development Bank (ADB), effective Jan. 16, 2020. Nakao assumed office as the bank's president on April 28, 2013.

US reaches trade deals with Japan

Reuters September 17, 2019 13:23:39

US President Donald Trump said on Monday Washington had struck trade agreements with Tokyo that could be implemented without congressional approval, but stopped short of assuring Japan that new tariff...

Trump says he doesn’t want war after Saudi oil plant attack

-- September 17, 2019 11:17:30

US President Donald Trump said on Monday it looked like Iran was behind attacks on oil plants in Saudi Arabia but stressed he did not want to go to war, as the attacks sent oil prices soaring and rais...