The Financial Express

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Asian shares wobble on fear of long US-China trade war

-- 2018-09-24 11:08:25

Asia shares stumbled in holiday-thinned trading on Monday as China ramped up trade tensions by cancelling upcoming tariff talks with the United States, while oil prices jumped after top producers rule...

US seeks to limit green cards for immigrants on public aid

-- 2018-09-23 12:13:57

The Trump administration proposed rules that could deny green cards to immigrants if they use Medicaid, food stamps, housing vouchers and other forms of public assistance. Federal law already require...

Voting starts in controversial Maldives election

-- 2018-09-23 11:03:58

The Maldives has started to vote in a heavily-criticised election that will be closely watched by India and China. The Indian Ocean archipelago is best-known overseas for its clear waters and high-en...

Brazilian cops arrest ‘Hezbollah financier’

-- 2018-09-22 14:51:50

Police in Brazil have arrested a man accused by the United States of being one of the main financial operators of the Lebanese militant group, Hezbollah. Assad Ahmad Barakat was detained near the bor...

Eight children die in Afghan police station bomb blast

-- 2018-09-22 14:22:46

At least eight children have been killed and six wounded in a bomb blast in Afghanistan's northern Faryab province. Police in the Shirin Tagab district blamed the Taliban for planting a mine in the a...

China's civil aviation sector grows steadily in Jan-July

-- 2018-09-22 14:19:15

The civil aviation sector in China expanded at a steady rate in the first seven months of the current year, according to the Civil Aviation Administration of China. Total air transport turnover reach...

WB to help India get richer

-- 2018-09-22 13:29:31

The World Bank (WB) has endorsed an ambitious five-year framework for India with $25-30 billion in financial support for its transition from a low-middle income to a high-middle income country. The...

Gunmen attack military parade in Iran; several dead

-- 2018-09-22 13:10:17

Several people were killed when unknown gunmen opened fire during a military parade in the southwestern Iranian city of Ahvaz on Saturday, state television reported. Iran was holding a number of para...

Brexit compromise ‘still possible’, EC president Tusk says

-- 2018-09-22 11:50:31

European Council president Donald Tusk has said a compromise with the UK over Brexit is ‘still possible’, after Theresa May warned she was prepared to walk away from talks. In a statement...

World shares hit six-month high

-- 2018-09-22 11:23:17

World shares hit a six-month high on Friday after China’s moves to boost domestic consumption bolstered a rally driven by investor bets the latest US-China trade fracas was unlikely to dent gl...

S&P 500, Dow hit record highs, Nasdaq falls

-- 2018-09-22 10:46:51

US stocks were mixed on Friday while the S&P 500 and Dow reached record highs ahead of Monday’s major sector reshuffle, capping a week that largely shrugged off trade worries. Trading volum...

China opens embassy in Dominican Republic

-- 2018-09-22 10:43:16

China’s most senior envoy inaugurated a new embassy in the Dominican Republic on Friday after the Caribbean country cut ties with Taiwan in a move that prompted US concern over the Asian island&...

Fox, Comcast about to settle their $36b battle for Sky

-- 2018-09-21 20:49:36

Two of America's largest media companies are about to settle a bidding war to buy a coveted overseas competitor, reports CNBC. Twenty-First Century Fox and Comcast will go head to head in London ov...

HK's losses from Typhoon Mangkhut to be bigger than Typhoon Hato

-- 2018-09-21 20:33:25

HONG KONG: The overall economic impact of Typhoon Mangkhut, the most intense storm to hit Hong Kong since records began, is expected to be "significantly" higher than that caused by Typhoon Hato last...

Copper hits six-week high

-- 2018-09-21 18:27:25

Copper prices on Friday were on track for their biggest weekly rise since early June as investors calculated that a trade dispute between the United States and China could cause less damage than feare...

Access to China post ends Nepal’s dependence on India

-- 2018-09-21 17:51:37

KATHMANDU, Sept 21: China has granted Nepal access to its land and seaports, top officials of the two countries announced earlier this month, ending the landlocked Himalayan nation's dependence on Ind...

Indian shares recover after sell-off in housing finance, property firms

-- 2018-09-21 16:47:24

Indian shares recouped most losses after key indexes plunged over 3.0 per cent in afternoon trade on panic-selling in housing finance and property stocks, according to Reuters. The broader NSE...

KSA to join China-Pakistan project

-- 2018-09-21 16:24:10

Pakistan announced Thursday that Saudi Arabia has agreed to join and invest “heavily” in its ongoing China-funded bilateral infrastructure and industrial development projects. Pakistan Pr...

India gets $25-30b WB’s support for transition to high-middle income nation

-- 2018-09-21 16:15:10

A day after Indian Prime Minister Narendra Modi said India will become a $5 trillion economy by 2022, the World Bank board Friday endorsed an ambitious five-year Country Partnership Framework (CPF) fo...

French second-quarter GDP grows 0.2pc

-- 2018-09-21 15:17:23

The French economy grew 0.2 per cent in the second-quarter (Q2), unchanged from a previous estimate and the same rate as that seen in the first quarter, official data showed on Friday. The world's...

European shares jump after Wall Street hits record highs

-- 2018-09-21 15:02:32

European shares rose strongly at the open on Friday, extending their gains from the previous session as a relief rally due to easing fears of a trade war helped Wall Street hit record highs. At 0730...

Asian share markets rise after Wall Street gains

-- 2018-09-21 14:54:56

Asian stock markets rose Friday after Wall Street hit a new high and a survey showed Japanese manufacturing accelerating. The Shanghai Composite Index rose 1.4 per cent to 2,766.86 and Tokyo's Nikk...

Dollar struggles near 2-1/2-month lows, yen slips

-- 2018-09-21 14:11:36

The dollar struggled near 2-1/2 month lows, while the yen also sagged on Friday on reduced safe haven demand amid a switch in investors’ view that the Sino-US trade conflict would not lead to an...

Euro zone consumer confidence falls in September

-- 2018-09-21 13:27:38

Euro zone consumer confidence fell in September by more than expected, figures released on Thursday showed. The European Commission said a flash estimate showed euro zone consumer morale in September...

Global stocks rise amid trade tensions

-- 2018-09-20 15:39:07

The world stocks rose as the fresh US and Chinese tariffs on reciprocal imports were less harsh than feared continued on Thursday. Although the investors remained wary about the next steps in the U...

US ready to resume talks with North Korea

-- 2018-09-20 15:16:19

The United States said it was ready to resume talks with North Korea after Pyongyang pledged on Wednesday to dismantle its key missile facilities and suggested it would close its main Yongbyon nuclear...

Train hits 'cargo' bicycle in Netherlands, kills four children

-- 2018-09-20 14:06:12

Four children were killed and at least one woman was wounded when a train struck a ‘cargo’ bicycle, popularly used by Dutch parents to transport their children, the newspaper De Telegraaf...

US-China trade war bad for economy: Poll

-- 2018-09-20 12:12:13

The US economy will expand at a robust pace in coming quarters but slow to 2 per cent by the end of 2019, according to forecasters polled by Reuters who unanimously said the escalating trade war with...

May appeals to EU leaders to drop ‘unacceptable’ Brexit demands

-- 2018-09-20 11:35:48

British Prime Minister Theresa May appealed directly to fellow European Union leaders to drop ‘unacceptable’ Brexit demands that she said could rip Britain apart, urging the bloc to respon...

Asian shares rise as investors reassess trade war impact

-- 2018-09-20 11:04:19

Asian stocks followed global indexes higher on Thursday, as investors took a less bearish view on the impact of the US-China trade war on markets, a sharp contrast to dim expectations economists had o...