The Financial Express

Search results for: Global

Sri Lankan parliament passes no-confidence motion against PM

-- 2018-11-14 12:43:59

Sri Lanka’s parliament passed a no-confidence motion against newly appointed Prime Minister Mahinda Rajapaksa amid raucous opposition on Wednesday, throwing the country deeper into crisis. Raja...

US budget deficit expands to $100b in Oct

-- 2018-11-14 12:42:18

The US federal government recorded a budget deficit of 100.5 billion US dollars in October, the first month of the government's fiscal year 2019, the Treasury Department said Tuesday. That's a 59 per...

Asian shares fall after Wall St lower

-- 2018-11-14 12:38:41

Asian shares were mostly lower Wednesday, after the steepest drop in oil prices in more than three years put investors in a selling mood on Wall Street. Japan's benchmark Nikkei 225 inched down 0.1 p...

Nikkei edges down in choppy trading

-- 2018-11-14 12:37:37

Japan’s Nikkei edged lower in choppy trade on Wednesday morning as investors sold resource stocks after oil prices plunged. Electronic components makers offset some of the resources losses, ri...

Congo Ebola death toll crosses 200 mark

-- 2018-11-11 11:40:28

More than 200 people have now died in the latest outbreak of Ebola in the Democratic Republic of Congo, according to health officials. About half the victims were from Beni, a city of 800,000 in the...

Mexico's industrial activity grows 1pc in Sept

-- 2018-11-10 12:43:18

Mexico's industrial activity grew 1.0 per cent in September compared to August, its largest increase in nine months, the National Institute of Statistics and Geography (Inegi) has said. The growth...

Rains, floods claim eight lives in Jordan

-- 2018-11-10 12:04:51

Heavy rains and flooding killed at least eight people in Jordan and forced authorities to evacuate more than 3,700 tourists from the ancient city of Petra on Friday, officials said. The visitors were...

Global stocks lower after China data

-- 2018-11-10 11:34:10

Global stocks were on pace for their biggest drop in two weeks while oil prices weakened again on Friday and soft Chinese data hit demand for risky assets. US stocks were broadly lower, with energy s...

US stocks fall; oil plunge continues

-- 2018-11-10 11:00:52

Wall Street fell Friday as a combination of weak economic data from China and disappointing earnings hurt technology and internet companies. Crude oil prices fell for the 10th day in a row. US crude...

California wildfires kill nine; over 150,000 evacuated

-- 2018-11-10 10:50:25

At least nine people have been killed and more than 150,000 evacuated as two big wildfires rage in California in the United States, officials say. Five people of the dead were found in cars in a town...

Myanmar eases restrictions on foreign bank lending

Reuters 2018-11-09 15:33:57

Myanmar’s central bank has announced new rules allowing foreign banks to lend to local businesses, bringing further reforms to the country’s stunted banking sector. In a letter signed by...

Nikkei retreats from multi-week high

-- 2018-11-09 11:46:58

Japan’s Nikkei came off a multi-week high on Friday, tracking broader losses in global equities markets, and as worries about further Sino-US trade tensions weighed on some China-focused shares....

Fed holds interest rates steady

-- 2018-11-09 11:30:29

The US Federal Reserve on Thursday left key interest rates unchanged, in line with market expectations, keeping the central bank on track to have one more rate hike in December. The Fed decided to...

Asia stocks pull back from one-month high

-- 2018-11-09 11:08:05

Asian stocks pulled back from a one-month high on Friday as the Federal Reserve appeared poised to deliver another interest rate hike next month, paring gains made earlier this week after US midterm e...

European shares hit one-month high as banks, Sodexo shine

-- 2018-11-08 15:34:12

European shares rallied to one-month highs on Thursday, extending gains following the US midterm elections, as strong results from SocGen and Commerzbank and France’s Sodexo soothed concerns abo...

Deadly smog returns to Delhi

-- 2018-11-08 14:23:22

Air pollution in the Indian capital Delhi has risen to hazardous levels after firecrackers were set off to celebrate Diwali despite a court ban. Residents awoke on Thursday to find the city blanketed...

Nikkei rises to 2-1/2-week high

-- 2018-11-08 13:56:54

Japan’s Nikkei surged on Thursday, tracking a rally in Wall Street after US midterm elections produced no major surprises. The Nikkei share average rose 1.8 per cent to 22,481.58 points by mi...

Asian stocks jumps after US midterm polls

-- 2018-11-08 13:51:23

Asian markets rose on Thursday after the US midterm elections went as expected, soothing fears of a sudden shift on trade and economic policies. Japan’s benchmark Nikkei 225 rallied 1.9 per cen...

Australia launches $1.5b infrastructure fund for Pacific

-- 2018-11-08 13:28:28

Australia will offer Pacific countries up to 3.0 billion Australian dollar (USD 2.18 billion) in grants and cheap loans to build infrastructure, Prime Minister Scott Morrison said on Thursday. Austra...

Pakistan frees Asia Bibi after blasphemy acquittal

-- 2018-11-08 12:39:45

A Pakistani Christian woman acquitted of blasphemy after spending eight years on death row has been freed from prison, her lawyer says. Some reports say Asia Bibi has boarded a plane but its destinat...

Gulf countries need to raise $300b by 2021: S&P

-- 2018-11-07 16:05:31

The GCC countries will need to raise about $300 billion(228.71 billion pounds) between 2018 and 2021, with Saudi Arabia having the largest financing requirements, according to rating agency S&P....

European shares rise after US midterm polls

-- 2018-11-07 16:04:25

European shares bounced on Wednesday after US midterm elections delivered no big surprise, while a string of solid earnings updates and a rally in Spanish banks on a favourable tax ruling also provi...

Eight Afghan policemen die in Taliban attack

-- 2018-11-07 16:02:24

An Afghan official says the Taliban killed eight policemen and wounded three in an attack on two checkpoints in western Farah province. A member of the provincial council, Dadullah Qani, says the att...

Asian shares rise amid US midterm polls

-- 2018-11-07 11:35:51

Asian shares were mostly higher Wednesday as investors awaited results from the US midterm elections, which could have an impact on the global economy and trade. Japan’s benchmark Nikkei 225 ad...

France arrests six on suspicion of plotting to attack Macron

-- 2018-11-07 10:49:10

Six people have been arrested in France on suspicion of planning to carry out a "violent" attack on President Emmanuel Macron, officials say. The individuals, reported to be five men and a woman, wer...

US to slap more chemical weapons-related sanctions on Russia

-- 2018-11-07 10:21:20

The US State Department said it would impose additional sanctions on Russia after Moscow failed to give reasonable assurances it would not use chemical weapons after a nerve agent attack on a former R...

Euro zone business growth hits record low in Oct

-- 2018-11-06 16:01:48

Euro zone business growth slumped to a two-year low in October as growing trade tensions and tariffs, alongside rising political uncertainty, put a dent in exports and optimism, a survey showed on T...

CBUAE expects 4.2pc GDP growth in 2019

-- 2018-11-06 15:15:50

The Central Bank of the United Arab Emirates (CBUAE) expects gross domestic product (GDP) to grow by 4.2 per cent in 2019, up from a stronger-than-expected 2.8 per cent growth this year, its governor...

5.5 magnitude quake batters southern Philippines

-- 2018-11-06 13:50:35

An earthquake of magnitude 5.5 rattled the southern Philippine Davao Occidental province on Tuesday, the Philippine Institute of Volcanology and Seismology (Phivolcs) said. The institute said the ear...

Sensex, Nifty rise on strong earnings, upbeat large caps

-- 2018-11-06 13:36:01

Indian shares rose on Tuesday, boosted by strong quarterly corporate earnings so far and gains in large-cap stocks such as Reliance Industries Ltd and Tata Consultancy Services Ltd. The broader Nifty...