The Financial Express

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UK economy 1.3pc larger than previously thought

Reuters 2019-06-27 20:57:02

Britain’s economy is around 1.3 per cent larger than previously thought - a gain of 26.0 billion pounds ($33 billion) - statisticians said on Thursday after a major revision of growth data from...

Asian shares rise on optimism around G-20 summit

-- 2019-06-27 14:05:22

Asian shares advanced on Thursday ahead of a meeting between President Donald Trump and Chinese leader Xi Jinping at the G-20 summit in Japan this week. Tokyo's benchmark Nikkei 225 rose 0.8 per cent...

Robots to replace 20m manufacturing jobs by 2030

-- 2019-06-27 13:52:18

Up to 20 million manufacturing jobs will be lost by 2030 due to the accelerating usage of robots across the world, according to a report issued by Oxford Economics. The British think tank found that...

Two die as Russian plane makes emergency landing

-- 2019-06-27 11:33:18

Two people were killed and seven injured when an Antonov An-24 passenger plane made an emergency landing at a regional airport in Russia’s Buryatia republic, in Siberia, on Thursday, the area&rs...

US regulator identifies new flaw on Boeing 737 MAX

-- 2019-06-27 11:24:17

The US Federal Aviation Administration has identified a new risk that Boeing Co must address on its 737 MAX before the grounded jet can return to service, the agency said on Wednesday. The risk was d...

SE Asian stocks slip as Fed curbs dovish enthusiasm

-- 2019-06-26 12:13:38

Most Southeast Asian stock markets slipped on Wednesday as comments from US Federal Reserve officials curbed rate-cut enthusiasm. Philippine stocks shed 0.4 per cent with industrials accounting for m...

Asian shares fade ahead of G-20 meeting

-- 2019-06-26 12:08:29

Asian shares were mostly lower Wednesday as investors awaited developments on the trade friction between the US and China at the Group of 20 meeting of major economies in Japan later in the week. Jap...

Magnitude 6.3 quake hits Panama

-- 2019-06-26 12:05:16

A 6.3 magnitude earthquake struck on the border between Panama and Costa Rica on Wednesday, the US Geological Survey said. The epicenter was 44 km (27 miles) west of the city of David in Panama at a...

Malaysia's May inflation stays below forecast

-- 2019-06-26 11:53:21

Malaysia’s annual inflation rate in May remained unchanged at 0.2 per cent for the third month in a row, government data showed on Wednesday. Inflation has been mild since an unpopular consum...

Apple acquires self-driving car startup Drive.ai

-- 2019-06-26 11:47:42

Apple Inc on Tuesday confirmed that it has acquired self-driving shuttle firm Drive.ai. Technology news website The Information reported earlier this month that the iPhone maker was considering acqui...

North Korea says US extension of sanctions ‘a hostile act’

-- 2019-06-26 10:55:09

The recent US extension of sanctions against North Korea was an act of hostility and an outright challenge to an historic summit between the two countries in Singapore last year, a spokesman for Pyong...

Indians stash $490b black money in abroad: Report

-- 2019-06-25 13:27:11

Indians have stashed 490 billion US dollar black money in abroad besides black money parked within the country as ‘investments’ in different sectors, according to studies of the country&rs...

Over 400 Malaysia schools shut after children fall sick

-- 2019-06-25 12:49:41

More than 400 schools in the Malaysian state of Johor are closed after 75 students experienced breathing difficulties and vomiting. Schools in the industrial area of Pasir Gudang have been shut until...

SE Asian stocks slip ahead of G20 meeting

-- 2019-06-25 12:08:26

Southeast Asian stock markets slipped on Tuesday, ahead of key trade talks between presidents of the United States and China on the sidelines of a G20 summit this week. Thai stocks declined 0.4 per c...

Asian shares lower ahead of G-20 summit

-- 2019-06-25 11:59:40

Asian shares were mostly lower on Tuesday as traders looked ahead to a meeting between the American and Chinese presidents amid hopes for renewed trade talks. Benchmarks in Tokyo, Shanghai and Hong K...

Iran says US sanctions on Khamenei mean end of diplomacy

-- 2019-06-25 11:31:35

Iran said on Tuesday that US sanctions imposed on Supreme Leader Ayatollah Ali Khamenei and other top officials in the country permanently closed the path to diplomacy between Tehran and Washington....

Mexico deploys 15,000 troops in north to halt US-bound migration

-- 2019-06-25 10:59:53

Mexico has deployed almost 15,000 soldiers and National Guard in the north of the country to stem the flow of illegal immigration across the border into the United States, the head of the Mexican Army...

France braces for 40C heatwave

-- 2019-06-24 13:36:55

France is braced for a heatwave with temperatures forecast to exceed 40C this week – potentially breaking the record for June. Temperatures are expected to reach 35 degrees or more on Monday, a...

Bank of Thailand likely to hold key rate

-- 2019-06-24 13:15:36

Thailand’s central bank is expected to keep its benchmark policy rate steady on Wednesday for a fourth straight meeting, a Reuters poll showed. Bank of Thailand (BOT), the central bank of the c...

SE Asian stocks subdued ahead of regional trade

-- 2019-06-24 13:03:11

Most Southeast Asian stock markets were subdued on Monday as investors awaited economic data from Singapore and Indonesia and further developments in the Sino-US trade talks. Stock markets in the reg...

Asian shares waver ahead of G-20

-- 2019-06-24 12:55:07

Shares were wavering in Asia on Monday as investors watched for movement in the China-US trade dispute ahead of the G-20 summit. Japan’s Nikkei 225 index gained 0.2 per cent to 21,302.38 while...

Jeremy Hunt calls Boris Johnson a ‘coward’ for avoiding debate

-- 2019-06-24 12:46:29

Jeremy Hunt, one of the two people vying to replace British Prime Minister Theresa May, said on Monday that rival Boris Johnson was a coward for avoiding public head-to-head debates on Brexit. &ldquo...

US cyber attacks were not successful: Iran minister

-- 2019-06-24 12:07:50

US cyber attacks against Iranian targets have not been successful, Iran’s telecoms minister said on Monday, within days of reports that the Pentagon had launched a long-planned cyber attack to d...

Iran lawmakers chant ‘Death to America’ as US called ‘terrorist’

-- 2019-06-23 13:14:47

Iranian lawmakers chanted “Death to America” during a parliament session on Sunday after a speaker accused the United States of being the “real world terrorist”, amid escalatin...

Oracle Q4 GAAP EPS rises 36pc to $1.07

FE Online Desk 2019-06-23 12:28:14

Oracle Corporation (NYSE: ORCL) recently announced fiscal 2019 Q4 results and fiscal 2019 full year results. Total Quarterly Revenues were $11.1 billion, up 1% in USD and up 4% in constant currency co...

Kim receives ‘excellent’ letter from Trump

-- 2019-06-23 11:00:04

North Korea leader Kim Jong-un has received a personal letter from US President Donald Trump, state media has reported. Mr Kim praised the letter as "excellent" and said he would "seriously contempla...

Ethiopia’s army chief shot

-- 2019-06-23 10:50:13

Ethiopia’s army chief of staff has been shot, the prime minister’s press secretary said on Sunday, hours after a failed coup attempt was reported in a federal state north of the capital....

Russia temporarily bans flights to Georgia after violent clashes

-- 2019-06-22 12:51:46

President Vladimir Putin has temporarily banned Russian airlines from flying to Georgia following a spate of violent unrest in the country. He signed the decree - which will be implemented from 8 Jul...

HK protesters disperse after blockading police headquarters

-- 2019-06-22 12:18:05

Thousands of protesters who had blockaded police headquarters in Asia’s leading financial centre had mostly dispersed by Saturday morning with some roads reopened for traffic as normal but it re...

UN rights chief urges Venezuela to release prisoners

-- 2019-06-22 11:38:58

UN human rights chief Michelle Bachelet on Friday urged Venezuela’s government to release prisoners who were arrested for peacefully protesting, and confirmed that a delegation would remain in t...