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The Financial Express

Search results for: Global

26 billionaires own same wealth as poorest 3.8 billion people

26 billionaires own same wealth as poorest 3.8 billion people

-- 2019-01-21 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

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

-- 2019-01-21 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

Asia-Pacific FIs set to face more difficult yr

FE Online Desk 2019-01-21 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

Philippines’ Muslims vote in referendum on autonomy

-- 2019-01-21 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

SE Asian stocks rise on trade talk progress

-- 2019-01-21 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

Asia stocks calm as China slows, awaits Brexit news

-- 2019-01-21 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

China sees slowest growth in 28 years

-- 2019-01-21 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

Explosion hits Syria’s Damascus: State TV

-- 2019-01-20 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

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

-- 2019-01-20 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

Testing times from Beijing to Wall Street

Reuters 2019-01-20 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

Over 10,000 protesters march in Belgrade against Serbian president

-- 2019-01-20 12:01:25

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

China set to post slowest growth in 28 years in 2018

Reuters 2019-01-20 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...

Assailants shoot dead two Buddhist monks in Thailand

Assailants shoot dead two Buddhist monks in Thailand

-- 2019-01-19 14:51:39

Unknown gunmen shot dead two Buddhist monks and injured two others in an attack at a temple in Thailand’s mainly Muslim south, the first such killing of a Buddhist monk in the restive region in...

IR may ride ‘Train 18’ to $200b market

IR may ride ‘Train 18’ to $200b market

-- 2019-01-19 14:47:49

Indian Railways (IR) is planning an entry into the $200 billion global market for coaches and wagons (rolling stock) after producing Train 18, an Indian semi-high speed train. The IR fixed the target...

Afghan Taliban reject talks with US in Pakistan

Afghan Taliban reject talks with US in Pakistan

-- 2019-01-19 13:50:42

The Afghan Taliban rejected reports in the Pakistani media that they were prepared to resume meetings with US special envoy Zalmay Khalilzad in Islamabad and repeated their refusal to deal directly wi...

Kenya investigates local role in Nairobi hotel attack

Kenya investigates local role in Nairobi hotel attack

-- 2019-01-19 13:14:09

Investigators in Kenya are exploring the possibility that some of the militants who attacked a Nairobi hotel and office complex may not have been ethnic Somalis, stoking fears that militants are deepe...

Indonesia to release alleged Bali bombing mastermind from jail

Indonesia to release alleged Bali bombing mastermind from jail

-- 2019-01-19 12:26:59

Abu Bakar Bashir, the radical Muslim cleric and alleged mastermind of the 2002 Bali bombings, will be granted early release from jail on humanitarian grounds, Indonesia’s president said on Frida...

World stocks rise; dollar up

World stocks rise; dollar up

-- 2019-01-19 12:20:09

Global stocks rose on Friday and the dollar was on track for its first positive week this year, boosted by optimism that the trade conflict between the United States and China may come to an end....

US stocks post 4th straight week of gains

US stocks post 4th straight week of gains

-- 2019-01-19 11:29:26

US stocks rose on Friday, helping Wall Street’s major indexes advance for a fourth consecutive week, as increased hopes that the United States and China would resolve their trade dispute lifted...

Pipeline blast kills 21 in Mexico

Pipeline blast kills 21 in Mexico

-- 2019-01-19 10:26:44

At least 21 people were killed and 71 were injured on Friday when a pipeline ruptured by suspected fuel thieves exploded in central Mexico as dozens of people tried to fill up containers, state and fe...

Sri Lanka to receive $1.0b from Bank of China

Sri Lanka to receive $1.0b from Bank of China

-- 2019-01-18 20:51:05

Sri Lanka will receive a loan of $1.0 billion from Bank of China before the end of the January-March quarter, the chief of the central bank said on Thursday, to help the country meet repayments in the...

China revises 2017 GDP growth down to 6.8pc

China revises 2017 GDP growth down to 6.8pc

-- 2019-01-18 15:28:20

The National Bureau of Statistics of China on Friday revised the country’s gross domestic product (GDP) growth for 2017 from 6.9 per cent to 6.8 per cent in its final verification. The GDP was...

Business leaders urge RBI to cut benchmark rate

Business leaders urge RBI to cut benchmark rate

-- 2019-01-18 12:48:08

India’s top business groups have urged the RBI to cut its benchmark interest rate and lower the cash reserve ratio it imposes on banks to stimulate an economy that is showing signs of weakness....

SE Asian stocks rise on hopes of Sino-US trade war relief

SE Asian stocks rise on hopes of Sino-US trade war relief

-- 2019-01-18 12:27:26

Southeast Asian stocks rose on Friday taking cues from broader Asia, after a media report on progress in US-China trade talks stirred hopes of a deal in their tariff dispute and supported risk sentime...

Asian shares advance on trade deal hopes

Asian shares advance on trade deal hopes

-- 2019-01-18 12:00:54

Asian shares advanced Friday after investors saw signs of possible progress toward settling the US-Chinese tariff war. The Shanghai Composite Index rose 0.7 per cent to 2,578.73 and Hong Kong's Hang...

Singapore's Dec exports post record fall

Singapore's Dec exports post record fall

-- 2019-01-17 16:16:27

Singapore’s exports recorded their worst decline in more than two years in December as shipments of electronics and pharmaceuticals plunged, according to an official data published on Thursday....

BOJ calls for vigilance to cost of unconventional easing

BOJ calls for vigilance to cost of unconventional easing

-- 2019-01-17 16:08:03

Bank of Japan Governor Haruhiko Kuroda said on Thursday central banks must carefully evaluate the impact of unconventional monetary policy steps, as their benefits and side-effects could differ from t...

Indian divers locate one body in ‘rat-hole’ mine after 35 days

Indian divers locate one body in ‘rat-hole’ mine after 35 days

-- 2019-01-17 14:14:13

Indian navy divers found the body of one of 15 miners who went missing in a flooded coal mine in a remote corner of the country more than a month ago, officials said on Thursday. Rescuers have been s...

Pompeo’s North Korea counterpart reaches Beijing: Yonhap

Pompeo’s North Korea counterpart reaches Beijing: Yonhap

-- 2019-01-17 13:00:03

North Korea’s top envoy involved in talks with the United States arrived in Beijing on Thursday and is thought to be en route to Washington, South Korean news agency Yonhap said on Thursday. US...

Goldman Sachs boss apologises to Malaysia over 1MDB scandal

Goldman Sachs boss apologises to Malaysia over 1MDB scandal

-- 2019-01-17 11:24:43

Goldman Sachs new boss has apologised to Malaysia for the role an ex-partner played in the corruption scandal at one of the country's wealth funds. However, chief executive David Solomon also distanc...