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The Financial Express

Search results for: Global

Tariffs threaten market-leading tech, consumer stocks

Tariffs threaten market-leading tech, consumer stocks

-- 2018-09-15 11:12:06

US technology and consumer discretionary stocks have been insulated from global trade tensions, but if another round of US tariffs on Chinese goods goes into effect, even those high-flying sectors cou...

‘Mariachi’ gunmen kill three in Mexico tourist plaza

‘Mariachi’ gunmen kill three in Mexico tourist plaza

-- 2018-09-15 10:53:14

Gunmen with rifles and pistols killed three people on Friday and injured at least seven in a tourist plaza in downtown Mexico City, police said, adding that they were chasing three men dressed as mari...

Super Typhoon 'Mangkhut' batters northern Philippines

Super Typhoon 'Mangkhut' batters northern Philippines

-- 2018-09-15 10:43:38

A strong typhoon packing winds of more than 200 kph (124 mph) tore across the northern tip of the Philippines on Saturday, bringing heavy rain and causing widespread power and communications outages....

European shares head for best week since July

European shares head for best week since July

-- 2018-09-14 15:45:55

European shares headed for best week since July on Friday, technology, autos and mining stocks led the gain, after Asian markets climbed on hopes of new trade talks between the United States and China...

China sees steady employment in August

China sees steady employment in August

-- 2018-09-14 13:44:01

The job market in the second largest economic country of the world remained stable in August, with the unemployment rate at a relatively low level, official data showed Friday.    The unemp...

Trade talk plans boost Asian shares, but China shaky

Trade talk plans boost Asian shares, but China shaky

-- 2018-09-14 11:58:12

Shares across most of Asia rose on Friday on expectations that the United States and China could launch a fresh round of trade talks, and as a surprisingly sharp interest rate hike in crisis-hit Turke...

Mideast stocks edge down at opening

Mideast stocks edge down at opening

-- 2018-09-13 15:43:07

Mideast stocks edged down at opening session on Thursday, the last trading day of the week, missing out on a wider emerging markets rebound. The MSCI emerging market index was up 0.9 per cent but t...

Truck falls into river in Mali, killing 20

Truck falls into river in Mali, killing 20

-- 2018-09-13 15:16:27

At least 20 people were killed in central Mali when a truck fell into a river after a suspected brake failure, the Malian government said on Wednesday. The incident in the West African country’...

S Korea's bad debt ratio falls to record low in Q2

S Korea's bad debt ratio falls to record low in Q2

-- 2018-09-13 12:33:33

The bad debt ratio among South Korean banks fell to the lowest in about 10 years in the second quarter (Q2), financial watchdog data has showed. According to the watchdog, the Financial Supervisory...

Russia ready to take steps for improving ties with US: Lavrov

Russia ready to take steps for improving ties with US: Lavrov

-- 2018-09-13 12:30:13

Moscow is ready to do what it can to break the impasse in relations between Russia and the United States, and is taking seriously President Donald Trump’s willingness to forge a normal dialogue,...

India's CPI inflation falls below target despite rupee slide

India's CPI inflation falls below target despite rupee slide

-- 2018-09-13 12:29:30

India’s retail inflation fell below the Reserve Bank of India’s medium-term target in August, increasing the likelihood it will keep interest rates on hold in October after raising them at...

Maduro heads to key financier China, eyes fresh loans

Maduro heads to key financier China, eyes fresh loans

-- 2018-09-13 10:45:24

Venezuelan President Nicolas Maduro is travelling to China to discuss economic agreements, as the crisis-struck OPEC nation seeks to convince its key Asian financier to disburse fresh loans. “I...

Asian shares win reprieve on Sino-US trade talk hopes

Asian shares win reprieve on Sino-US trade talk hopes

-- 2018-09-13 09:55:07

Asian shares won a reprieve on Thursday as news the Trump administration has reached out to China for a new round of trade talks raised hopes a deal could be struck in the bitter tariff dispute betwee...

Indian shares tick higher; rupee falls

Indian shares tick higher; rupee falls

-- 2018-09-12 15:07:24

Indian shares ticked higher on Wednesday, while the rupee fell to a fresh low, stoking fears of an interest rate hike by the central bank at its next meeting in October. The rupee continued its dec...

Japan peace treaty proposal is no joke, says Putin

Japan peace treaty proposal is no joke, says Putin

-- 2018-09-12 14:42:27

Russian President Vladimir Putin said on Wednesday that he was not joking when he proposed that he and Japanese Prime Minister Shinzo Abe sign a peace treaty by the end of the year.   Russia and...

French 2019 budget deficit to rise

French 2019 budget deficit to rise

-- 2018-09-12 14:35:32

France’s budget deficit will rise next year but stay below the European Union’s limit of 3.0 per cent of economic output, according to figures given by Finance Ministry officials on Tuesda...

US voices concern over China’s crackdown on Muslims

US voices concern over China’s crackdown on Muslims

-- 2018-09-12 14:15:37

The US State Department expressed deep concern over China’s “worsening crackdown” on minority Muslims in the Xinjiang region, as the Trump administration considered sanctions against...

Pakistan releases ex-PM Sharif, daughter for wife's funeral

Pakistan releases ex-PM Sharif, daughter for wife's funeral

-- 2018-09-12 13:47:01

Pakistani authorities on Wednesday temporarily released former Prime Minister Nawaz Sharif and his daughter from prison to attend funeral services for his wife, Kulsoom, who died of cancer the day bef...

Pro-whaling nations block South Atlantic sanctuary proposal

Pro-whaling nations block South Atlantic sanctuary proposal

-- 2018-09-12 12:03:29

A proposal to create a whale sanctuary in the South Atlantic Ocean has been defeated at an International Whaling Commission (IWC) meeting in Brazil. Japan and several other pro-whaling countries vote...

Asian stocks slip as China reacts to US tariffs

Asian stocks slip as China reacts to US tariffs

-- 2018-09-12 11:46:29

Asian shares fell on Wednesday as China delayed issuing licenses to American businesses hoping to operate in the country, as the threat of more trade tariffs from Washington loomed. The approach of...

Putin to plan meeting with Mexico’s president-elect

Putin to plan meeting with Mexico’s president-elect

-- 2018-09-12 11:19:18

Russian President Vladimir Putin is looking into a possible meeting with Mexican President-Elect Andres Manuel Lopez Obrador late this year in Mexico or Argentina, Russian news agency Tass reported on...

Philippines' July trade deficit widens to $3.55b

Philippines' July trade deficit widens to $3.55b

-- 2018-09-11 18:16:01

The trade deficit of Philippines widened to $3.55 billion US dollar in July as imports posted their fastest gain in more than two years while exports barely grew, government data showed. Trade defici...

Gulf markets slip in early trading

Gulf markets slip in early trading

-- 2018-09-11 17:37:24

Gulf stocks slipped in early trade on Tuesday as concerns about a further escalation in the trade war between the United States and China weighed on investors. The Saudi index was down a fractiona...

Turkish economic growth dips, lira crisis darkens outlook

Turkish economic growth dips, lira crisis darkens outlook

-- 2018-09-11 15:10:15

Turkish economic growth slowed to 5.2 per cent year-on-year in the second quarter, data showed on Monday, in what officials described as an “economic rebalancing” before an expected second...

Nigeria gas tanker blast leaves 35 dead

Nigeria gas tanker blast leaves 35 dead

-- 2018-09-11 11:34:34

At least 35 people were killed and hundreds injured when a gas tanker exploded in northern Nigerian state of Nasarawa and started a blaze, the state emergency agency said. The State Emergency Managem...

Asia shares pound up on Brexit talk

Asia shares pound up on Brexit talk

-- 2018-09-11 10:54:28

Asian shares were struggling to avoid a ninth straight session of losses on Tuesday as the spectre of a Sino-US trade war haunted investors, while the pound perched near a five-week top on hints a Bre...

Kim writes to Trump for another summit

Kim writes to Trump for another summit

-- 2018-09-11 10:35:41

US President Donald Trump received a “very warm, very positive” letter from North Korean leader Kim Jong Un asking for a second meeting and the White House is looking at scheduling one, Wh...

Six die in Somalia Al Shabaab attack

Six die in Somalia Al Shabaab attack

-- 2018-09-10 15:33:14

At least six people were killed on Monday in al Shabaab attack on a local government building in Somalia’s capital, the director of an ambulance service and a Reuters witness said. “We ha...

Asian stocks slump to 14-month low

Asian stocks slump to 14-month low

-- 2018-09-10 14:09:07

A sell-off in Chinese shares pulled Asian equities to a 14-month trough on Monday as investors braced for a potentially damaging escalation in the Sino-US tariff row after US President Donald Trump ra...

Mali's Keita names new defence, mines ministers for 2nd term

Mali's Keita names new defence, mines ministers for 2nd term

-- 2018-09-10 12:02:21

Malian President Ibrahim Boubacar Keita named new defence, mines and foreign ministers on Sunday as he began his second five-year term presiding over a country ravaged by jihadist and inter-ethnic vio...