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Search results for: global

Pompeo praises ‘US ally’ Denmark amid Greenland sale row

-- August 22, 2019 14:59:47

US Secretary of State Mike Pompeo has praised Denmark amid a public row over Greenland that saw President Donald Trump cancel a visit to the country. In a phone call with Danish Foreign Minister Jepp...

Huawei peaks list of China’s top 500 private firms

Xinhua August 22, 2019 13:10:46

China on Thursday unveiled its latest rankings for 500 largest private enterprises, with tech giant Huawei atop the list amid sound development of the country's private business. The list by the All-...

Banks in Hong Kong condemn violence

-- August 22, 2019 11:28:52

Some of Hong Kong’s biggest banks published full-page newspaper advertisements on Thursday calling for the preservation of law and order in the Chinese territory and condemning violence, as week...

UK, South Korea to sign ‘continuity’ trade deal

-- August 22, 2019 10:54:02

The UK will sign a ‘continuity’ trade agreement with South Korea on Thursday, allowing businesses to keep trading freely after Brexit. International Trade Secretary Liz Truss will sign th...

Bankers hawk hedging as trade war hits China’s yuan

-- August 21, 2019 23:06:59

In a Shanghai room packed with small businesses ranging from furniture makers to garment exporters, Zhu Yuan, a currency expert at Bank of Communications, explains why Chinese companies need to build...

Wall Street flashes recession warning as trade war backfires on US economy

Xinhua August 21, 2019 17:29:30

The Wall Street has sent warning signs of a possible economic recession ahead as the trade war continues to take a toll on American businesses, farmers and the overall economy. The slowing economy co...

Greece says won’t help Iranian tanker to reach Syria

-- August 21, 2019 15:09:34

Greece will not facilitate an Iranian tanker sailing in the Mediterranean to deliver oil to Syria, the country’s deputy foreign minister said on Wednesday, Reuters reported.   “We wa...

Two dead in Kashmir gunbattle

-- August 21, 2019 13:00:35

Indian security forces killed a suspected militant in a gunbattle in Kashmir on Wednesday, police said, the first clash since the federal government removed the special status of the territory this mo...

German employment up 1.0pc in Q2

Xinhua August 21, 2019 12:29:35

The number of people in employment in Germany grew year-on-year by 1.0 per cent in the second quarter of 2019 to a total of 45.2 million people, the German Federal Statistical Office (Destatis) announ...

Trump cancels Denmark visit over Greenland sale spat

-- August 21, 2019 11:01:37

US President Donald Trump has cancelled a state visit to Denmark after the nation's prime minister said Greenland was not for sale to the US. The president was scheduled to visit on 2 September, at t...

Xiaomi misses estimates as competition heats up at home

-- August 21, 2019 10:44:18

China’s Xiaomi Corp reported 15 per cent growth in quarterly revenue on Tuesday, missing estimates, as fewer people bought smartphones at home and rival Huawei grabbed market share. The company...

Zimbabwe to borrow $1.9b from G7 countries to repay its debt

Xinhua August 20, 2019 13:38:02

Zimbabwe plans to borrow 1.9 billion US dollars from the Group of 7 industrialised states to clear its debts to the African Development Bank (AfDB) and the World Bank, Finance Minister Mthuli Ncube ha...

Militants kill 10 Burkina Faso soldiers

-- August 20, 2019 12:59:04

Unidentified militants killed at least 10 soldiers and wounded many others in an attack on a military unit in northern Burkina Faso on Monday, the army said. Burkina Faso has been overrun by Islamist...

Zakir Naik apologises to Malaysians for racial remarks

-- August 20, 2019 12:15:29

Controversial Indian Islamic preacher Zakir Naik apologised on Tuesday for making racially sensitive remarks in Malaysia, a day after he was questioned by police for hours over the comments. Naik, wh...

China's Guangxi sees robust growth in foreign trade

Xinhua August 19, 2019 15:16:03

South China's Guangxi Zhuang Autonomous Region saw its foreign trade volume reach 264.14 billion yuan ($37.51 billion) in the first seven months of the year, up 23.8 per cent year on year, local autho...

Trump’s idea of selling Greenland to US is absurd, says Danish PM

-- August 19, 2019 12:47:27

Greenland is not for sale and the idea of selling it to the United States is absurd, Denmark’s prime minister said on Sunday after an economic adviser to President Donald Trump confirmed the US...

Turkish police detain 418 in Kurdish militant probe

-- August 19, 2019 12:31:26

Turkish police have detained 418 people in 29 provinces in an investigation targeting suspects with links to the Kurdistan Workers Party (PKK) militant group, the Interior Ministry said on Monday, Reu...

Trump does not want to do business with Huawei

Reuters August 19, 2019 12:18:06

US President Donald Trump on Sunday said he did not want the United States to do business with China’s Huawei even as the administration weighs whether to extend a grace period for the company....

Fuel truck explosion leaves 10 dead in Uganda

-- August 19, 2019 11:53:18

At least 10 people were killed when a fuel truck exploded in flames after losing control and ramming into three cars in western Uganda on Sunday, police said in a statement. “So far, 9 burnt bo...

Heavy rain kills 30 in parts of north India

-- August 19, 2019 11:40:19

Heavy rain pummelled several parts of north India on Sunday, leaving at least 30 people dead and 22 missing in Himachal Pradesh, Uttarakhand and Punjab. At least 24 people, including two from Nepal,...

Israeli army kills three Palestinians in northern Gaza

-- August 18, 2019 15:45:43

Three Palestinians were killed and one was injured after they have been targeted by the Israeli army forces in northern Gaza Strip, close to the border with Israel, medics said early on Sunday morning...

India reimposes movement curbs on parts of Kashmir after clashes

-- August 18, 2019 13:15:25

Indian authorities reimposed restrictions on movement in major parts of Kashmir’s biggest city, Srinagar, on Sunday after violent overnight clashes between residents and police in which dozens w...

Hong Kong braces for major anti-government rally

-- August 18, 2019 11:50:00

Hong Kong braced for a major anti-government rally planned for Sunday after an unusually calm Saturday night in what has been a summer of violent protests in the Asian financial hub. Demonstrations h...

China to lower real interest rates

Xinhua August 17, 2019 17:42:13

China will take market-oriented reform measures to meaningfully reduce real interest rates and ease financing difficulties, the State Council's executive meeting chaired by Premier Li Keqiang decided...

India begins easing clampdown in Kashmir

-- August 17, 2019 14:26:39

Authorities in Indian-administered Kashmir on Saturday began restoring landline phone services after a nearly two-week unprecedented security crackdown and news blackout following a decision to downgr...

Eight die in Ukraine hotel fire

-- August 17, 2019 13:00:53

Eight people died and 10 more were injured in a fire early on Saturday in a private hotel in the southern Ukrainian port of Odessa, Ukraine’s emergencies service said. The fire occurred shortly...

Bank of Mexico to cut interest rate

-- August 17, 2019 12:59:42

Mexican President Andres Manuel Lopez Obrador on Friday endorsed a benchmark interest rate cut in a bid to stimulate the economy. In his daily press conference, the president said cutting the interes...

US issues warrant to seize Iranian oil tanker

-- August 17, 2019 11:46:21

The US Justice Department has issued a warrant to seize a detained Iranian oil tanker, a day after a judge in Gibraltar ordered it to be released. The Grace 1 supertanker, which is carrying 2.1m barr...

ECB shuts down its hacked website

-- August 16, 2019 12:44:54

The European Central Bank (ECB) shut down one of its websites on Thursday after it was hacked and infected with malicious software. The lender said no market-sensitive data had been compromised durin...

Asian shares mixed amid US-China trade worries

-- August 16, 2019 12:30:32

Asian shares were mixed Friday as turbulence continued on global markets amid ongoing worries about US-China trade conflict. Japan's benchmark Nikkei 225 recouped early losses to be up 0.3 per cent...