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Search results for: Global

European shares extend rally

European shares extend rally

-- 2018-06-04 15:17:19

European shares extended their recovery rally on Monday thanks to bank stocks as deal-making took centre stage again after a week of political tension in Italy and Spain. Investors' concerns over r...

Philippine inflation likely rise again

Philippine inflation likely rise again

-- 2018-06-04 14:11:28

Philippine inflation likely accelerated for the fifth straight month in May, a Reuters poll showed, but analysts were divided over when the central bank will again raise interest rates. The median...

SE Asian stocks mostly rise, Singapore jumps

SE Asian stocks mostly rise, Singapore jumps

-- 2018-06-04 12:45:44

Most Southeast Asian stocks rose on Monday, while Singapore jumped as upbeat sentiment following positive US jobs data pushed global equities higher. Asia ex-Japan shares rose 1.0 per cent to their...

Asian shares rise on upbeat US job data

Asian shares rise on upbeat US job data

-- 2018-06-04 11:13:43

Asian shares rose to their highest level in two-and-a-half-weeks on Monday as strong US jobs data offset worries that tariff wars between the United States and the rest of the world could drag on glob...

Egypt’s Sisi swears in for second presidential term

Egypt’s Sisi swears in for second presidential term

-- 2018-06-03 11:27:47

Abdel Fattah al-Sisi has been sworn in for a second term as Egypt’s president with a vow to fight “those who choose violence, terrorism and extremism”. Fighter jets flew overhead an...

Bank of Japan concedes weak inflation

Bank of Japan concedes weak inflation

-- 2018-06-03 11:10:48

Bank of Japan Governor Haruhiko Kuroda said on Saturday that inflation had recently been weak despite a steady economic expansion, signalling the bank’s readiness to maintain its massive stimulu...

Venezuela releases 40 jailed activists

Venezuela releases 40 jailed activists

-- 2018-06-03 10:50:09

The Venezuelan government has released another 40 opposition politicians and activists, bringing to 79 the number of people freed in the past two days. Communication Minister Jorge Rodriguez said the...

France’s National Front renames itself

France’s National Front renames itself

-- 2018-06-02 13:33:53

Members of France’s far-right National Front party voted to change its name to the ‘National Rally’ on Friday, in a bid to shed a brand associated by many voters with racism and anti...

US unemployment rate hits 18-year low

US unemployment rate hits 18-year low

-- 2018-06-02 11:58:33

US unemployment rate dropped to an 18-year low of 3.8 per cent, while nonfarm payrolls surged by 223,000 jobs as warm weather bolstered hiring at construction sites. The jobs growth was faster than e...

Global stocks inch up, bond prices fall

Global stocks inch up, bond prices fall

-- 2018-06-02 11:36:25

Global stocks rose on Friday as investors welcomed a stronger-than-expected US jobs report, while political tensions in Italy eased, although prospects for a full-blown global trade war limited the...

US stocks rally on strong job data

US stocks rally on strong job data

-- 2018-06-02 10:52:12

US stock markets rallied on Friday after the latest monthly jobs report pointed to strength in the country’s economy and political tensions in Italy eased. Technology stocks led the rally, wi...

Brazil oil giant Petrobras’s CEO quits amid protests

Brazil oil giant Petrobras’s CEO quits amid protests

-- 2018-06-02 10:20:38

The head of Brazil’s oil giant Petrobras, Pedro Parente, has resigned, following a nationwide strike by lorry drivers that caused huge disruption. The strike against diesel prices, which ended...

India’s economic growth hits record 7.7pc in Q1

India’s economic growth hits record 7.7pc in Q1

-- 2018-06-01 19:34:37

India’s economic growth accelerated to 7.7 per cent year-on-year in January-March, its quickest pace in nearly two years driven by higher growth in manufacturing, the farm sector and constructio...

European shares jump into June

European shares jump into June

-- 2018-06-01 17:47:29

European share markets have started June on a strong footing on Friday as Italian stocks led the pack after a coalition deal appeared to end three months of political deadlock. The pan-European STO...

BSE, NSE end marginally lower

BSE, NSE end marginally lower

-- 2018-06-01 17:46:23

Indian share markets ended slightly lower on Friday, weighed down by losses in financials stocks such as HDFC Bank Ltd, while gains in auto stocks capped losses. The National Stock Exchange (NSE) i...

US job growth picks up

US job growth picks up

-- 2018-06-01 13:16:08

US job growth likely accelerated in May as warmer weather boosted hiring at construction sites, but wage gains are expected to have remained marginal, pointing to moderate inflation pressures in the e...

Asia stocks sag as US tariffs reignite trade war fears

Asia stocks sag as US tariffs reignite trade war fears

-- 2018-06-01 09:53:40

Asian equities sagged on Friday as worries about US trade policy hit global financial markets, which were already shaken this week by political turmoil in Italy. Wall Street shares posted deep losses...

Algeria seizes 700kg cocaine on container vessel

Algeria seizes 700kg cocaine on container vessel

-- 2018-05-31 15:32:20

Algerian authorities have seized more than 700kg (1,543lb) of cocaine smuggled aboard a container ship and made 20 arrests. The vessel was carrying frozen meat from Brazil and had previously docked i...

US Q1 GDP growth slows to 2.2pc

US Q1 GDP growth slows to 2.2pc

-- 2018-05-31 13:37:52

US economy, the largest economy of the world, grew slightly lower than previously estimated in the first quarter, according to the US Commerce Department report. The economic growth was revised to an...

SE Asian stocks rise as Italy woes ease

SE Asian stocks rise as Italy woes ease

-- 2018-05-31 13:07:51

Southeast Asian stock markets were mostly higher on Thursday, as concerns over government formation in Italy eased. Malaysia gained 2.1 per cent in early trade, but was on track to end the month lo...

Canada to slap sanctions on 14 more Venezuelan officials

Canada to slap sanctions on 14 more Venezuelan officials

-- 2018-05-31 12:03:17

Canada will impose targeted sanctions on 14 Venezuelan officials, adding to its previous moves to put pressure on President Nicolas Maduro’s government, the foreign ministry said on Wednesday....

Ukraine admits to faking Russian journalist’s ‘murder’

Ukraine admits to faking Russian journalist’s ‘murder’

-- 2018-05-31 11:16:02

A dissident Russian journalist reported murdered in Kiev on Tuesday dramatically reappeared alive on Wednesday during a televised briefing by Ukrainian state security about the killing, which they the...

Asia stocks bounce back

Asia stocks bounce back

-- 2018-05-31 09:45:14

Asian stocks rebounded from a two-month trough on Thursday, while the euro enjoyed a respite after sinking to its lowest in 10 months as political turmoil in Italy that had roiled global financial mar...

Brazil business confidence falls in May

Brazil business confidence falls in May

-- 2018-05-30 15:56:15

The business confidence index (BCI) of Brazil dipped in May to its lowest level since November 2017, dragged down by the slow pace of economic recovery, according to a report released Tuesday. The...

Zimbabwe set to hold polls on July 30

Zimbabwe set to hold polls on July 30

-- 2018-05-30 15:05:30

Zimbabwe will hold its general elections on July 30, President Emmerson Mnangagwa said on Wednesday, the first since the army forced 94-year-old former president Robert Mugabe to resign last November....

German labour market witnesses robust growth

German labour market witnesses robust growth

Reuters 2018-05-30 14:44:04

Germany’s jobless numbers dropped more than expected in May, pushing down the unemployment rate to a record low, data showed on Wednesday, reflecting the robustness of a labour market that has b...

Philippines threatens war with Beijing over S China sea disputes

Philippines threatens war with Beijing over S China sea disputes

-- 2018-05-30 14:14:24

The Philippines is prepared to go to war if military personnel are harmed in disputed waters, a top security official said on Wednesday, firing back at criticism the government was going soft on China...

SE Asian stocks fall amid global sell-off

SE Asian stocks fall amid global sell-off

-- 2018-05-30 14:09:20

Southeast Asian stock markets slipped on Wednesday amid a global sell-off that was provoked by uncertainty over Italy's elections. Investors fear that the repeat elections may become a de-facto ref...

Asian shares mixed in skittish trade

Asian shares mixed in skittish trade

-- 2018-05-30 13:57:25

Most of the Asian shares markets were mixed as Italy heads for another round of elections that investors worry could become a referendum on whether to stay in the euro bloc. Japan's Nikkei 225 stoc...

Ethiopia releases Briton held on death row

Ethiopia releases Briton held on death row

-- 2018-05-30 13:06:52

British citizen Andargachew ‘Andy’ Tsege, who was being held on death row in Ethiopia, has been freed. He has been greeted by jubilant relatives and supporters at his family home in the c...