Search results for: global

Markets not merry as stock losses extend into eighth day

-- December 25, 2018 14:01:17

A gauge of stocks worldwide posted an eighth straight decline on Monday as investors ignored Trump administration attempts to reinforce confidence and the US president called the Federal Reserve the &...

Mexican governor, her senator husband die in chopper crash

-- December 25, 2018 10:53:57

A Mexican governor and her senator husband were killed on Monday in a helicopter crash near the city of Puebla in central Mexico, the government said, just days after she had taken office following a...

India rescuers step up efforts to save trapped coal miners

-- December 24, 2018 15:05:19

Rescuers in India say they are hoping for a miracle to save 15 workers trapped inside a flooded coal mine in the north-eastern state of Meghalaya. The men were trapped 11 days ago when sudden floodin...

Somalia executes Al Shabaab bomber

-- December 24, 2018 14:31:03

The mastermind of militant car bombs that killed 26 people and injured nearly 40 others in Mogadishu in 2017 was executed in Somalia on Monday, the prosecutor of the military court said. Abdulle Bule...

UK police release two people arrested in Gatwick drone probe

-- December 24, 2018 11:48:07

British police have released without charge two people arrested in an inquiry into the illegal use of drones at London’s Gatwick Airport that crippled operations for three days last week. Susse...

Sudanese cops fire tear gas at protesters after violence spreads

-- December 24, 2018 11:03:12

Sudanese police fired tear gas after hundreds of protesters spilling out of a soccer match marched down a major road leading toward the centre of the capital, Khartoum, late on Sunday, demonstrating a...

Italy's 2019 budget wins Senate approval amid outcry

-- December 24, 2018 10:42:18

The Italian government won a gruelling vote of confidence on its 2019 budget in the upper house in the early hours of Sunday, as it races to get the package approved before a year-end deadline. The b...

Asian markets a reluctant spectator to US political theatre

Reuters December 24, 2018 10:30:03

Asian stocks were subdued on Monday as investors fretted that political instability in the United States was leaving the country rudderless at a time when the global economy was showing signs of falte...

Turkey sending reinforcements to Syrian border

-- December 23, 2018 15:12:37

Turkey is sending reinforcements to its border with Syria, Demiroren News Agency (DHA) reported on Sunday, adding that some 100 vehicles including mounted pickup trucks and weaponry had made their way...

Thailand sends 15 illegal Myanmar migrants back home

-- December 23, 2018 12:18:22

Fifteen Myanmar illegal migrant workers have been sent back home by the Thai authorities as the workers' border passes have expired with no other official documents in possession, said the Information...

Qatar’s emir offers support for Sudan amid economic crisis

-- December 23, 2018 10:43:15

Qatar’s Emir Sheikh Tamim bin Hamad Al Thani called Sudanese President Omar al-Bashir on Saturday to express his support for Sudan after days of anti-government protests, Bashir’s office s...

UK police arrest two over Gatwick drone disruption

-- December 22, 2018 15:59:06

Police have arrested a man and a woman after rogue drone operators crippled London’s Gatwick Airport for three days by repeatedly flying onto the airfield, sparking a major security response. B...

Iran executes businessman for economic crimes

-- December 22, 2018 15:21:16

Iran on Saturday executed a businessman sentenced to death by a fast-track court set up to fight economic crimes, state television reported, following an outcry against profiteering and corruption tha...

Cuba expects 1.5pc economic growth in 2019

-- December 22, 2018 14:27:47

Cuba's economy is expected to expand 1.5 per cent in 2019 after a 1.2-per cent growth in 2018 which is below the government's previous forecast of 2.0 per cent, the country's economy minister has said...

Blasts hit Somali capital city centre

-- December 22, 2018 14:01:54

A car bomb exploded in the city centre of Somali capital Mogadishu on Saturday, police said, causing huge clouds of smoke to rise above the city, followed by a second explosion nearby. “A suici...

Nepal bus crash kills 21

-- December 22, 2018 13:52:47

A bus carrying college students and their instructors back from a botany field trip drove off a highway in a mountainous area on Friday, leaving 21 dead and 15 injured, police said. The bus plunged d...

Canadian stock falls for 4th straight day

-- December 22, 2018 11:36:42

Canadian main stock market fell for a fourth day in a row Friday due to lower health and oil prices while the Canadian dollar weakened to a 19-month low. The Toronto Stock Exchange's benchmark S&...

World stock markets sell-off again

-- December 22, 2018 11:24:52

World stock markets continued a week-long sell-off on Friday as the threat of a US government shutdown. MSCI’s index of global equities fell 1.5 per cent, dragged down by broad declines in Eur...

Yellow vest protesters to march in France’s Versailles

-- December 22, 2018 10:56:22

Yellow vest protesters, who have blocked roads across France and fought running battles with police since mid-November, will march in the former royal city of Versailles on Saturday in their fight aga...

US, Canada call on China to free two detained Canadians

-- December 22, 2018 10:35:49

The United States joined Canada on Friday in calling on Beijing to release two Canadians detained in what are widely believed to be tit-for-tat arrests related to the high-profile detention in Canada...

WB trims Philippines growth forecast for 2018, 2019

-- December 21, 2018 12:53:41

The World Bank (WB) said on Friday that it has downgraded its growth projections for the Philippines to 6.4 per cent in 2018 and 6.5 per cent in 2019 "to reflect recent economic trends." These new fo...

Nikkei falls to new 15-month low

-- December 21, 2018 12:42:35

Japanese shares suffered more losses on Friday, with major indexes sinking to fresh multi-month lows, as the threats of further hikes in US borrowing costs. The benchmark Nikkei share average lost...

Asian shares fall for 2nd day

-- December 21, 2018 11:57:46

Asian stocks fell further Friday after Wall Street slid on recession fears, putting markets in Shanghai, Tokyo and Sydney on track to end 2018 down more than 10 per cent. Tokyo’s Nikkei 225 ind...

Hundreds of South Koreans sue govt over wartime labour

-- December 20, 2018 12:48:28

Hundreds of South Koreans have sued the government for compensation over their forced labour at Japanese firms during World War Two, representatives said on Thursday, in a fresh twist to one of severa...

PBOC continues fund injection, rates unchanged

-- December 20, 2018 12:27:55

The People's Bank of China (PBOC) continued to inject liquidity into the money market through reverse repos Thursday with rates unchanged despite a US interest rate hike overnight. It conducted 120 b...

Asian stocks fall after Fed raises rates

-- December 20, 2018 12:09:38

Asian shares fell on Thursday after the Federal Reserve raised US interest rates and Wall Street dived to a 15-month low. Tokyo’s Nikkei 225 index fell 1.7 per cent to 20,631.45 points and the...

SE Asian stocks slip tracking Asian peers

-- December 20, 2018 12:07:44

Most Southeast Asian shares fell in line with their Asian peers on Thursday after the US Federal Reserve kept most of its outlook for further interest rate hikes in 2019. Malaysian and Indonesian sha...

Fed raises interest rates, signals more hikes ahead

Reuters December 20, 2018 10:41:45

After weeks of market volatility and calls by President Donald Trump for the Federal Reserve to stop raising interest rates, the US central bank instead did it again, and stuck by a plan to keep withd...

Asia's central banks have almost no reasons to hike rates in 2019

Reuters December 20, 2018 10:22:26

Weaker economic growth and tepid price pressures in Asia will leave central banks in the region with few reasons to tighten policy next year — especially as US rate hikes slow — unless a n...

China ‘detains third Canadian citizen’

-- December 19, 2018 15:07:06

A third Canadian citizen has been detained in China, Canada’s National Post newspaper reported on Wednesday, citing the Canadian foreign ministry. China’s foreign ministry spokeswoman, Hu...