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The Financial Express

Search results for: Global

Yellow vest protesters to march in France’s Versailles

Yellow vest protesters to march in France’s Versailles

-- 2018-12-22 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

US, Canada call on China to free two detained Canadians

-- 2018-12-22 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

WB trims Philippines growth forecast for 2018, 2019

-- 2018-12-21 12:53:40

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

Nikkei falls to new 15-month low

-- 2018-12-21 12:42:34

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

Asian shares fall for 2nd day

-- 2018-12-21 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

Hundreds of South Koreans sue govt over wartime labour

-- 2018-12-20 12:48:27

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

PBOC continues fund injection, rates unchanged

-- 2018-12-20 12:27:54

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

Asian stocks fall after Fed raises rates

-- 2018-12-20 12:09:37

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

SE Asian stocks slip tracking Asian peers

-- 2018-12-20 12:07:43

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

Fed raises interest rates, signals more hikes ahead

Reuters 2018-12-20 10:41:44

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

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

Reuters 2018-12-20 10:22:25

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’

China ‘detains third Canadian citizen’

-- 2018-12-19 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...

Belgian PM offers to resign amid row over migration

Belgian PM offers to resign amid row over migration

-- 2018-12-19 14:26:44

Belgium Prime Minister Charles Michel offered to resign on Tuesday after opponents tabled a no confidence vote in a political crisis triggered by differences over immigration. In office since 2014, M...

India arrests journo for calling state leader a Modi puppet

India arrests journo for calling state leader a Modi puppet

-- 2018-12-19 14:11:01

An Indian television journalist has been detained for criticising the Bharatiya Janata Party (BJP) government on social media under laws intended to ensure national security, leading to protests in th...

Oracle Corporation’s earning per share rises by 18pc

Oracle Corporation’s earning per share rises by 18pc

FE Online Desk 2018-12-19 13:41:04

Oracle Corporation (NYSE: ORCL) announced fiscal 2019 Q2 results on Tuesday. Total Revenues were unchanged at $9.6 billion and up 2% in constant currency, compared to Q2 last year. Total Cloud Servic...

Japan posts goods trade deficit of $6.56b in Nov

Japan posts goods trade deficit of $6.56b in Nov

-- 2018-12-19 12:31:04

Japan logged a goods trade deficit in November, the government said in a report on Wednesday. According to the Finance Ministry, the country posted a goods trade deficit of 737.3 billion yen (6.56 bi...

Indian drug regulator to test samples of J&J baby powder

Indian drug regulator to test samples of J&J baby powder

-- 2018-12-19 12:24:03

India’s federal drug regulator will seize samples of Johnson & Johnson’s baby powder for testing on Wednesday, local media said, following a Reuters report that the company knew for de...

Nikkei hits near nine-month low

Nikkei hits near nine-month low

-- 2018-12-19 12:18:12

Japan’s Nikkei fell over 1.0 per cent on Wednesday to its lowest level in nearly nine months amid caution ahead of the US Federal Reserve’s upcoming policy decision. After swerving in and...

Asian stocks see mixed

Asian stocks see mixed

-- 2018-12-19 12:13:06

Asian stocks were mixed on Wednesday, as traders mulled over the Federal Reserve’s interest rate decision and weaker-than-expected Japanese trade data. Japan’s Nikkei 225 index fell 0.4 p...

Facebook removes hundreds of accounts over Myanmar army links

Facebook removes hundreds of accounts over Myanmar army links

-- 2018-12-19 11:47:44

Facebook Inc has removed hundreds of additional accounts, pages and groups in Myanmar from its social networks after discovering what it called “coordinated inauthentic behaviour” and link...

Brazil arrests 50 cops over ‘drug gang links’

Brazil arrests 50 cops over ‘drug gang links’

-- 2018-12-19 11:10:56

More than 50 police officers who patrolled the same area at Sao Paulo in Brazil were arrested on Tuesday, accused by state prosecutors of taking bribes from Brazil’s largest drug gang to allow i...

Mexico recovers bodies of two Honduran migrant youths

Mexico recovers bodies of two Honduran migrant youths

-- 2018-12-19 10:53:26

The bodies of two slain Honduran migrant youths were found in the Mexican border city of Tijuana over the weekend, officials said on Tuesday, in a sign of the dangers facing Central Americans in Mexic...

Trump warns Federal Reserve against 'another mistake'

Trump warns Federal Reserve against 'another mistake'

-- 2018-12-18 20:18:18

US President Donald Trump has warned the Federal Reserve not to “make yet another mistake” ahead of an expected interest rate hike. Trump made the remarks on twitter on Tuesday to put pre...

S Korean fire dept recovers bodies of three teens from motel

S Korean fire dept recovers bodies of three teens from motel

-- 2018-12-18 14:27:26

South Korean fire department officials say three teenage boys were presumed dead and seven other boys were being treated for injuries after they were found unconscious at a motel in the seaside town o...

UK economy likely to hit nine-year low

UK economy likely to hit nine-year low

-- 2018-12-18 14:07:06

British economic growth this year and in 2019 looks set to be the nine years low, due to a freeze in business investment and weak consumer demand ahead of Brexit, the BCC said. The British Chambers o...

EC asks Italy to cut €2.5-3b to clear budget with EU

EC asks Italy to cut €2.5-3b to clear budget with EU

-- 2018-12-18 13:53:33

The European Commission (EC) has asked Italy for a further €2.5 billion-€3 billion ($3.40 billion) in savings before approving the country’s 2019 budget, Corriere della Sera daily r...

US petroleum exports jumps in recent years: EIA

US petroleum exports jumps in recent years: EIA

-- 2018-12-18 13:34:46

The petroleum exports of United States have increased in recent years, the US Energy Information Administration (EIA) said in a report on Monday. The EIA said in its latest Petroleum Administratio...

Indian shares break five-day rally

Indian shares break five-day rally

-- 2018-12-18 13:27:29

Indian shares halted their five-day rally on Tuesday, amid concerns that global economic growth was weakening and as investors booked profits after five straight days of gains. The losses came as inv...

Court frees Salvadoran woman jailed under anti-abortion laws

Court frees Salvadoran woman jailed under anti-abortion laws

-- 2018-12-18 12:36:39

A Salvadoran woman accused of the attempted murder of her newborn baby under the country’s strict abortion laws after she was raped by her stepfather was freed by a court on Monday after more th...

Asian shares follow Wall Street lower

Asian shares follow Wall Street lower

-- 2018-12-18 11:59:39

Asian stocks slipped on Tuesday, tracking losses on Wall Street as traders braced for an interest rate hike by Federal Reserve. Japan’s Nikkei 225 index was 1.2 per cent lower at 21,242.66 and...