Search results for: Global

Consensus on key economic issues

From Jubair Hasan in Xiamen, China 2017-09-06 10:50:41

A three-day long BRICS Summit came to an end on Tuesday reaching consensus on some key economic issues that leaders believe will make voices of the developing countries much stronger in the globalised...

Asian shares lower on cautious stance

-- 2017-09-06 10:40:45

Asian shares were lower on Wednesday as investors found ample reasons to stay away from risky assets amid still-high tensions on the Korean Peninsula and the powerful hurricane approaching the US. &n...

India freezes bank accounts of shell cos

-- 2017-09-06 07:01:06

India has frozen the bank accounts of 209,032 suspected shell companies as part of a crackdown on illegal transactions and tax evasion, the finance ministry has said. The latest action against shell...

Global stocks in defensive mode

Reuters 2017-09-05 02:32:12

Asian shares eked out small gains on Tuesday as expectations that Beijing will maintain support for its economy ahead of a key congress supported Chinese stocks and metals prices, but worries about...

Axiata sees strong QoQ results

FE Online Desk 2017-09-05 02:13:34

Axiata Group Berhad reported a strong quarter-on-quarter (QoQ) performance leading to a better first half for 2017. The Asian telecom giant, recently published its quarterly financial report for the s...

China pledges $76m for BRICS co-op plan

Reuters 2017-09-04 12:00:00

Chinese President Xi Jinping arrives for a group photo during the BRICS Summit at the Xiamen International Conference and Exhibition Center in Xiamen, southeastern China's Fujian Province, China Septe...

Stock futures dip after North Korea nuclear test

-- 2017-09-04 12:00:00

US equity index futures dipped at the open on Sunday, as stock traders showed caution following news that North Korea had escalated diplomatic tensions by conducting what it said was a test of a hydro...

US stocks hit record highs

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The S&P 500 and Nasdaq hit record closing highs on Thursday, with the market propped up by gains in the consumer discretionary sector after strong reports from Best Buy and other retailers. The d...

Trump harangues nato leaders over defence spending

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US President Donald Trump on Thursday intensified his accusations that NATO allies were not spending enough on defence and warned of more attacks like this week's Manchester bombing unless the all...

Syyria air strike kills 35 monitor

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An air strike on Thursday evening killed at least 35 civilians, including family members of Islamic State fighters, in al-Mayadin, a town held by the jihadists near Deir al-Zor in Syria, a war moni...

the refusal has put many people in trouble

FE Online Report

Many banks and foreign exchange companies outside of Qatar are now refusing to buy Qatari riyals, according to Doha News. The refusal has put many people in trouble. The refusal to exchange Qatari c...

putin stressed the importance of diplomacy to end dispute

Reuters

Russian President Vladimir Putin has stressed the importance of diplomacy to end a dispute between Qatar and several other Arab states during a telephone call with the emir of Qatar, Sheikh Tamim bin...

the move would be designed for domestic consumption

Reuters

British business leaders have been told to brace for the possibility that Prime Minister Theresa May’s government may walk out of Brexit talks this year, according to the Sunday Telegraph. The...

the clip is an altered version of trumps appearance at wwe event

BBC

President Donald Trump has tweeted a short video clip of him wrestling a person with the CNN logo for a head. The clip is an altered version of Trump’s appearance at a WWE wrestling event in 20...

toshibas bid to raise 2b from ipo

FE Online Report

Toshiba and its partner, Innovation Network Corporation of Japan, a Japanese state-backed investment fund that owns 40 per cent of Landis+Gyr, are aiming to raise over $2.0 billion from the sale of th...

drugs to treat indigestion may increase risk of death

FE Online Desk

A new study, published in the journal BMJ Open, warns that a certain type of medication commonly used to treat heartburn, ulcers and other gastrointestinal problems may increase the risk of early deat...

US House imposes conditions for defence funding to Pakistan

FE Online Desk

The US House of Representatives has voted for three legislative amendments to impose tougher conditions for reimbursement of defence funding to Pakistan, making it conditional to Islamabad showing sat...

China Q2 GDP grows faster than expected

Reuters

China's economy grew faster than expected in the second quarter as industrial output and consumption picked up and investment remained strong. The world's second-largest economy grew 6.9 per ce...

Attackers kill dozens of Afghan villagers in northern province

Reuters

Insurgents attacked a village in the northern Afghan province of Sar-e Pul, killing as many as 50 people, including women and children, officials said on Sunday. Zabihullah Amani, a spokesman for the...

India-Thailand difference delaying FTA under BIMSTEC

FE Online Report

Difference between India and Thailand over market access is one of the main reasons why the FTA under BIMSTEC remained stalled during last couple of years.  While India has demanded easing of ru...

Asia stocks buoyant, dollar steadies after solid US job gains

Reuters

Asian stocks advanced on Monday, taking their cue from Wall Street, while the dollar moderated but retained most gains made on stronger-than-expected July jobs growth and the promise of a US tax plan...

UK recruiters blame Brexit as staff shortage worsens: REC

Reuters

A shortage of staff for British employers worsened in July, hurt by the departure of European Union workers after last year's Brexit vote, a group representing recruitment agencies said on Tuesday. T...

Hackers hit Venezuelan government sites

BBC

A hacking group on Monday attacked Venezuelan government websites in an operation targeting the "dictatorship" of President Nicolás Maduro. Calling itself "The Binary Guardians", the group po...

Asian shares slip again

AP

Asian shares slipped on Tuesday, rapidly erasing initial gains that followed record highs on Wall Street after China reported disappointing trade data for July. Japan's benchmark Nikkei 225 slipped 0...

Check your math, central banker says: less immigration equals less growth

Reuters

Less than week after a US President Donald Trump embraced legislation to reduce immigration, Minneapolis Federal Reserve Bank President Neel Kashkari urged residents of South Dakota to embrace newcome...

North Korea says considering missile strike on US military base

BBC

North Korea has said it is considering carrying out missile strikes on the US Pacific territory of Guam. The report in state media, quoting an earlier military statement, came hours after President D...

Japanese investors now keen on investment in Bangladesh

FE Report

Japanese investors have expressed their willingness to come to Bangladesh to explore areas of their investment after their reluctance following militant attack on the Holey Artisan in Dhaka. The inte...

Trump appears to grant China banks sanctions reprieve after UN deal

Reuters

The Trump administration appears to be granting Chinese banks dealing with North Korea a temporary reprieve from threatened US sanctions to give Beijing time to show it is serious about enforcing new...

'El Chapo' Guzman hires top defence legal team

BBC

Mexican drug lord Joaquin "El Chapo" Guzman has hired a team of top defence lawyers in his fight against a US criminal case.   They include Jeffrey Lichtman and Marc Fernich, best known for the...

Key facts about Guam, the centre of US-N Korea crisis

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The North Korean army's announcement that it is examining operational plans for attacking Guam after rising tensions with President Donald Trump has brought more global attention to the tiny US territ...