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The Financial Express

Search results for: Global

Mideast stocks mixed at opening

Mideast stocks mixed at opening

-- 2018-10-08 16:31:28

Most major Middle Eastern stock markets opened little changed on Monday, while Dubai’s Drake and Scull erased earlier gains to fall in heavy trade, despite approval from a majority of its shareh...

Two Americans win Nobel Economics Prize

Two Americans win Nobel Economics Prize

-- 2018-10-08 16:28:34

Two American economists, William Nordhaus and Paul Romer, won the 2018 Nobel Prize in Economic Sciences for integrating climate change and technological innovation into macroeconomic analysis. The Ro...

European shares slip as risk-off sentiment spreads

European shares slip as risk-off sentiment spreads

-- 2018-10-08 16:27:32

European shares fell on Monday as fears a trade war could have a bigger impact than expected on China added to concerns that rising US interest rates are gradually making stock markets less attracti...

Emerging market stocks' descent to 17 month lows entices US investors

Emerging market stocks' descent to 17 month lows entices US investors

-- 2018-10-08 16:17:06

The steep decline in emerging market stocks since early this year are attracting some US fund managers who think they may find long-term bargains amid the sell-off. Portfolio managers from Harding Lo...

Strong winds, rains take four lives in Sri Lanka

Strong winds, rains take four lives in Sri Lanka

-- 2018-10-08 16:01:38

At least four people were killed and over 10,000 affected as strong winds and heavy rains lashed out across Sri Lanka over the weekend, the Disaster Management Centre (DMC) said in its latest update o...

Taliban urge Afghans to boycott parliamentary elections

Taliban urge Afghans to boycott parliamentary elections

-- 2018-10-08 14:07:46

The Taliban on Monday directed Afghans to boycott upcoming parliamentary elections and demanded a complete withdrawal of foreign forces as the only solution to end the 17-year-old war as they ramped u...

SA finance minister asks president to sack him

SA finance minister asks president to sack him

-- 2018-10-08 13:29:33

South Africa’s Finance Minister Nhlanhla Nene has asked President Cyril Ramaphosa to sack him after he admitted to visiting the home of the Gupta brothers, friends of scandal-plagued former lead...

German industry output falls further

German industry output falls further

Reuters 2018-10-08 13:20:48

German industrial output unexpectedly dipped in August for the third consecutive month, data showed on Monday, and the Economy Ministry said production had suffered a weak summer overall. Data from t...

SE Asian stocks meander in dull trade

SE Asian stocks meander in dull trade

-- 2018-10-08 12:39:17

Southeast Asian stocks were mixed on Monday, Singapore shares extended falls ahead of a central bank policy review this week, while Philippine stocks rose after two straight sessions of declines. Sin...

China moves to boost liquidity amid US trade war

China moves to boost liquidity amid US trade war

-- 2018-10-08 12:38:10

China will cut the amount of cash banks must hold in reserve as part of efforts to support its economy, amid an escalating trade war with the US. The move will see 750bn yuan ($109bn; £83bn) in...

Heavy rains across Central America kill 12

Heavy rains across Central America kill 12

-- 2018-10-08 12:11:20

Torrential rain in Central America that caused floods and landslides have killed 12 people in just a few days, rescue and emergency authorities across the region said on Sunday. Heavy rains that bega...

Kim ready to allow inspectors into nuclear sites, says Pompeo

Kim ready to allow inspectors into nuclear sites, says Pompeo

-- 2018-10-08 10:49:07

US Secretary of State Mike Pompeo said on Monday North Korean leader Kim Jong Un was ready to allow international inspectors into the North’s nuclear and missile testing sites, one of the main s...

Asian shares fall after China injects cash into economy

Asian shares fall after China injects cash into economy

-- 2018-10-08 10:45:02

Asian stocks declined Monday after China injected extra money into its cooling economy. The Shanghai Composite Index lost 3.0 per cent to 2,738.04 and Hong Kong's Hang Seng was off 0.9 per cent at 26...

Gunman shoots two Israelis dead in West Bank

Gunman shoots two Israelis dead in West Bank

-- 2018-10-07 14:52:14

A Palestinian gunman shot dead two Israelis and wounded a third on Sunday in an industrial park next to a Jewish settlement in the occupied West Bank, the Israeli military said. The assailant, the mi...

10 Afghan policemen die in clashes with Taliban

10 Afghan policemen die in clashes with Taliban

-- 2018-10-07 13:13:17

At least 10 policemen were killed in clashes with Taliban fighters in the central Afghan province of Wardak, officials said on Sunday, amid fighting to wrest control of arterial highways a day after T...

Nigerian ex-minister announces presidential run

Nigerian ex-minister announces presidential run

-- 2018-10-07 12:53:17

Former Nigerian minister Obiageli Ezekwesili, co-founder of a group to raise awareness about more than 200 girls kidnapped by Boko Haram in 2014, on Sunday announced that she will run for president ne...

30 suffer injuries in Egypt palm plantation fire

30 suffer injuries in Egypt palm plantation fire

-- 2018-10-06 15:26:25

Egypt used air force helicopters on Saturday to fight a fire which swept through palm plantations in the southwest of the country, threatening residential areas, state news agency MENA reported. The...

Myanmar economy to grow 7.4pc in FY 2018-19

Myanmar economy to grow 7.4pc in FY 2018-19

-- 2018-10-06 15:03:00

The ASEAN+3 Macroeconomic Research Office (AMRO) has forecast that Myanmar's economy is expected to grow 7.4 per cent in this new fiscal year 2018-19 which started on October 1. The AMRO has recent...

1,100 SMEs debut on China's NEEQ in 2018  1,100

1,100 SMEs debut on China's NEEQ in 2018 1,100

-- 2018-10-06 13:41:15

A total of 1,106 small and medium-sized enterprises in China have debuted on the National Equities Exchange And Quotations Co, Ltd (NEEQ), also known as the "new third board," in 2018. These compan...

Chance of Brexit deal has increased, EC head says

Chance of Brexit deal has increased, EC head says

-- 2018-10-06 13:35:42

The chance of the UK and the EU agreeing a Brexit deal has grown in the last few days, the head of the European Commission has said. Speaking to the Austrian press, Jean-Claude Juncker said that whil...

Aramco IPO to go ahead by early 2021

Aramco IPO to go ahead by early 2021

-- 2018-10-06 12:53:35

Saudi Arabia’s crown prince has insisted the stalled plan to sell shares in oil giant Aramco will go ahead, promising an initial public offering by 2021. “I believe late 2020, early 202...

Saudi crown prince rejects Trump remarks about US reliance

Saudi crown prince rejects Trump remarks about US reliance

-- 2018-10-06 10:17:12

Saudi Arabia’s Crown Prince Mohammed bin Salman dismissed remarks by Donald Trump in which the US president said he had warned the king he would not last in power “for two weeks” wit...

US jobless rate likely to fall 18-year low

US jobless rate likely to fall 18-year low

-- 2018-10-05 14:44:57

The jobless rate in United States is expected to fall to an 18-year low of 3.8 per cent as the economy likely created jobs at a brisk clip in September, signaling a further tightening in labour mark...

Japan household spending jumps in Aug

Japan household spending jumps in Aug

-- 2018-10-05 14:18:39

Japan’s household spending jumped in August as bigger bonuses boosted consumption, suggesting that robust domestic demand could help offset the ill effects of escalating trade frictions. The sp...

London aluminium eyes biggest weekly gain

London aluminium eyes biggest weekly gain

-- 2018-10-05 14:04:57

London aluminium held steady on Friday as worries over an alumina shortage stoked expectations of cost inflation, sending prices towards the biggest weekly gain in nearly six months. London Metal Exc...

India's oil marketing shares fall after fuel price cut

India's oil marketing shares fall after fuel price cut

-- 2018-10-05 12:34:10

Shares in India’s state-owned oil marketing companies slumped more than 20 per cent to multi-year lows on Friday, a day after the government announced a cut in fuel prices. The price cut spar...

Asian shares fragile on US-China conflict

Asian shares fragile on US-China conflict

-- 2018-10-05 11:48:43

Asian share markets were mostly lower on Friday after US Vice President Mike Pence claimed China had meddled with its midterm elections to unsettle the Trump administration, which Beijing has denied...

Drunk police officer kills two colleagues in Ethiopia

Drunk police officer kills two colleagues in Ethiopia

-- 2018-10-04 15:48:24

A drunk police officer shot dead two colleagues in the Ethiopian capital Addis Ababa on Thursday, state-affiliated Fana Broadcasting Corporation reported. The policeman who fired on his colleagues wa...

India allows deportation of seven Rohingyas to Myanmar

India allows deportation of seven Rohingyas to Myanmar

-- 2018-10-04 15:10:20

India's top court is allowing the first deportations of Rohingya Muslims to Myanmar since it ordered their identification last year. The Supreme Court on Thursday rejected a plea by attorney Prashant...

Turkey's inflation reaches near 25pc

Turkey's inflation reaches near 25pc

-- 2018-10-04 13:26:27

The annual inflation rate of Turkey jumped to almost 25 per cent in September amid a currency turmoil that has fueled an increase in prices, official data has showed. The consumer prices index (CPI)...