The Financial Express

Search results for: Global

Nikkei edges lower in choppy trading

-- 2018-10-04 12:57:28

Nikkei edged lower in choppy trade on Thursday morning as investors took profits from its recent rally to a 27-year high, while automakers rose after on news of technology tie-ups for self-driving c...

Asian shares edge down despite Wall Street gains

-- 2018-10-04 12:32:10

Asian shares fell on Thursday despite a strong day on Wall Street that was spurred by encouraging signs on US hiring and growth in the service sector. Hong Kong's Hang Seng index sank 1.8 per cent...

Gunman shoots seven US cops in South Carolina

-- 2018-10-04 11:56:29

Seven US law enforcement officers have been shot, one of them fatally, in an incident in South Carolina, officials say. Police in the city of Florence had been responding to a call for help from the...

UK accuses Russia's military intelligence of cyber attacks

-- 2018-10-04 11:40:25

The UK government has accused Russia's military intelligence service of being behind four high-profile cyber attacks. The National Cyber Security Centre says targets included firms in Russia and Ukra...

Six divers drown trying to save teen from Malaysia mining pool

-- 2018-10-04 11:32:23

Six rescue divers have drowned while trying to save a teenager from a disused mining pool in Malaysia. They were searching for a 17-year-old boy who is thought to have fallen into the body of water w...

34 migrants die in Mediterranean shipwreck, UN says

-- 2018-10-03 16:04:15

At least 34 migrants have died in a shipwreck in the western Mediterranean, which 26 people survived, the UN migration agency said on Tuesday, citing the Moroccan navy and a Spanish aid agency. Moroc...

US to use cyber capabilities on behalf of NATO

-- 2018-10-03 14:30:57

The United States is expected to announce in the coming days that it will use offensive and defensive cyber capabilities on behalf of NATO if asked, a senior Pentagon official said, amid concerns abou...

Spain tourism arrivals fall 1.9pc in August

-- 2018-10-03 12:40:05

The number of foreign tourists visiting Spain in August has fallen, a 1.9 per cent decrease year-on-year, the National Institute of Statistics (INE) has reported. A total of 10.2 million internationa...

French cops recapture gangster three months after prison escape

-- 2018-10-03 12:24:10

Redoine Faid, a French gangster who broke out of jail using a hijacked helicopter in July, has been recaptured, police sources say. The country's most wanted fugitive, he was detained north of Paris,...

Japanese stocks slightly fall

-- 2018-10-03 12:19:56

Japanese stocks fell on Wednesday morning as automakers were hit by a sharp drop in US new car sales last month while other stocks, including financials, retreated after a rally over recent weeks. Th...

Asian shares fall on trade dispute

-- 2018-10-03 12:15:21

Asian markets were mostly lower on Wednesday on jitters over the simmering US trade dispute with China and the weak Japan data released today. Japan's services industry grew at the slowest pace in...

CBSL keeps rates steady despite pressure on rupee

-- 2018-10-02 16:05:54

The Central Bank of Sri Lanka (CBSL) has surprised financial markets by leaving its key policy rates unchanged, despite heavy pressure on the rupee currency. Policymakers have struggled to defend the...

US airstrike kills nine militants in Somalia

-- 2018-10-02 16:00:24

The US military said on Tuesday it had killed nine militants in an air strike in southern Somalia this week during a battle between US and Somali government troops and al Shabaab Islamist fighters. R...

‘Italy won’t change budget deficit goal despite EU pressure’

-- 2018-10-02 14:00:03

Italy will not change its budget deficit targets despite pressure from Brussels and its European Union partners, Deputy Prime Minister Luigi Di Maio said on Tuesday. Italy last week targeted the defi...

Turkey orders arrest of 417 suspects in money laundering probe

-- 2018-10-02 13:06:46

Turkish prosecutors ordered the detention of 417 suspects in a money laundering investigation over the transfer of some 2.5 billion lira ($419 million) to bank accounts abroad, broadcaster CNN Turk sa...

Nikkei rises to new 27-year high

-- 2018-10-02 11:54:37

Japan’s Nikkei advanced to a fresh 27-year high on Tuesday as stronger earnings hopes underpinned sentiment, while Ono Pharmaceutical jumped. Shares of the pharmaceutical company soared on ne...

War's end can't be bargaining chip for denuclearisation: N Korea

-- 2018-10-02 11:40:05

North Korea said on Tuesday that declaring the end of the 1950-53 Korean War “can never be a bargaining chip” for getting North Korea denuclearised, and said the country “will not pa...

Asian shares fall on US-China trade worries

-- 2018-10-02 11:07:33

Asian shares slipped on Tuesday as relief that the United States had brokered a trade deal with Canada gave way to concerns that negotiations with China were at a standstill. Japan's benchmark Nikkei...

India-born Harvard professor becomes chief economist of IMF

-- 2018-10-01 21:09:04

The International Monetary Fund (IMF) has appointed Gita Gopinath as its chief economist. The IMF issued in a media release on Monday over the appointment of Gita Gopinath, who currently serves as th...

IMF lifts UAE growth forecasts

-- 2018-10-01 15:43:36

The International Monetary Fund (IMF) has lifted its forecasts for economic growth in the United Arab Emirates (UAE) because of expectations that oil production and state spending will rise. The UA...

European shares rise as on NAFTA deal optimism

-- 2018-10-01 15:33:46

European shares rose on Monday as optimism on the trade war front was lifted by a new US-Mexico-Canada agreement, which is helping world markets enter the fourth quarter on a positive footing. At 082...

UK can cope with no-deal Brexit, Hammond says

-- 2018-10-01 15:15:23

British finance minister Philip Hammond said on Monday the United Kingdom had the fiscal capacity to cope with leaving the European Union without any agreement but believed the mood in Brussels was to...

ADB approves new access to information policy

-- 2018-10-01 12:52:40

The board of directors of Asian Development Bank (ADB) has approved a new 'Access to Information Policy (AIP)' that aims to maintain the lender’s high standards of transparency. The AIP, whic...

Asian share mixed amid trade tensions

-- 2018-10-01 12:02:34

Asian share markets were mixed on Monday after US markets wrapped up their best quarter in almost five years, but sentiment was clouded by lingering worries over global trade tensions. Japan's benc...

Seven die in Guatemala prison riot

-- 2018-10-01 11:34:28

At least seven people were shot dead and four were wounded in a prison riot in Guatemala, according to local authorities, who said they had wrested back control. The riot spun out of a brawl among pr...

Powerful typhoon batters Japan, two dead

-- 2018-10-01 11:01:45

A powerful typhoon brought down trees onto railroad tracks and kicked up debris across Tokyo as it brushed past the Japanese capital early on Monday, killing two people and stranding thousands as trai...

Thousands protest against Brazil far-right presidential candidate

-- 2018-09-30 14:04:03

Tens of thousands of women have taken to the streets of Brazil to protest against the far-right presidential election front-runner Jair Bolsonaro. The words Ele Nao (not him) were seen on stickers an...

Iraq’s Kurds start voting in parliamentary election

-- 2018-09-30 13:14:07

Kurds began voting in a parliamentary election in their semi-autonomous region in northern Iraq on Sunday, a year after a failed bid for independence. With opposition parties weak, the Kurdistan Demo...

Leadership threats against May ‘unacceptable’: Major

-- 2018-09-29 15:31:39

Taunts being made against Theresa May and "routine attacks" on her leadership by some Tory MPs are "completely unacceptable", Sir John Major has said. The former British PM called those challenging M...

Burundi suspends local, int’l NGO’s for violating new law

-- 2018-09-29 14:44:53

Burundi has suspended some local and international non-governmental organisations for three months for violating a new law, a senior government official said. The move could deepen opposition concern...