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US eases restrictions on Huawei

US eases restrictions on Huawei

-- 2019-05-21 10:40:14

The US government has temporarily eased trade restrictions imposed last week on China’s Huawei, a move aimed at minimising disruption for its customers but dismissed by its founder who said the...

Turkey to arrest 249 foreign ministry personnel over Gulen links

Turkey to arrest 249 foreign ministry personnel over Gulen links

-- 2019-05-20 13:22:22

Turkish authorities ordered the arrest of 249 foreign ministry personnel over suspected links to the network of a US-based cleric accused of orchestrating an attempted coup in 2016, broadcaster NTV sa...

BSE, NSE surge after exit polls predict NDA win

BSE, NSE surge after exit polls predict NDA win

-- 2019-05-20 13:16:08

Indian shares surged on Monday, a day after exit polls showed Prime Minister Narendra Modi would retain power with a bigger majority in the parliament, with financials leading the charge. Exits polls...

SE Asian stocks mixed; Indonesia rises

SE Asian stocks mixed; Indonesia rises

-- 2019-05-20 13:05:35

Southeast Asian stocks were mixed on Tuesday, while Indonesian shares rose, ahead of the outcome of the country's presidential election, but Philippines shares declined. The Jakarta index gained as m...

IS militants' riot in Tajikistan prison kills 32

IS militants' riot in Tajikistan prison kills 32

-- 2019-05-20 11:13:15

Three prison guards and 29 inmates have been killed in a high-security prison in Tajikistan after convicted Islamic State militants started a riot, the Central Asian nation’s Justice Ministry sa...

Armed group shoots dead 11 at Brazil bar

Armed group shoots dead 11 at Brazil bar

-- 2019-05-20 10:49:12

An armed group entered a bar in the Brazilian northern city of Belem on Sunday and fired at patrons, killing 11 people and leaving one wounded, according to local media reports. The armed group, whos...

Asian shares steady after steep losses

Asian shares steady after steep losses

-- 2019-05-20 10:19:50

Share markets in Asia got off to a steady start on Monday as investors tried to catch their breath following another week of escalating trade tensions between the United States and China. In early tr...

Austrian leader calls for snap elections after video scandal

Austrian leader calls for snap elections after video scandal

-- 2019-05-19 12:13:58

Austrian Chancellor Sebastian Kurz has asked for a snap election after his Vice-Chancellor, Heinz-Christian Strache, resigned over a corruption scandal. Mr Kurz's centre-right People's Party is in go...

Honduras plane crash kills five foreign tourists

Honduras plane crash kills five foreign tourists

-- 2019-05-19 11:01:22

Five foreigners including the pilot died on Saturday when their private plane crashed into the sea shortly after taking off from Roatán island, a tourist destination on the Atlantic coast of Ho...

China to take special measures to counter downward pressure

China to take special measures to counter downward pressure

-- 2019-05-18 19:26:28

China will take specific measures to counter downward pressure on the economy, stabilise the job market and help manage market expectations, as the country prepares for a potentially protracted trade...

US issues warning on airspace near Gulf as Iran tensions simmer

US issues warning on airspace near Gulf as Iran tensions simmer

-- 2019-05-18 14:57:12

The Federal Aviation Administration has issued an advisory to US commercial airliners flying over the waters of the Gulf and the Gulf of Oman to exercise caution as tensions between Washington and Teh...

US stocks mixed on trade anxiety

US stocks mixed on trade anxiety

-- 2019-05-18 13:14:34

US stocks struggled for gains on Friday as mixed headlines on trade dampened positive consumer sentiment data, sending investors into the weekend with little enthusiasm. The Dow inched up, while the...

Australians go to polls

Australians go to polls

-- 2019-05-18 12:21:23

Millions of Australians voted in a general election on Saturday in which the ruling conservative coalition campaigned on its record of economic management and a resurgent Labor opposition promised act...

US jails ex-CIA agent for spying for China

US jails ex-CIA agent for spying for China

-- 2019-05-18 11:28:27

A former CIA officer has been jailed for 20 years for disclosing military secrets to a Chinese agent, the US justice department says. Kevin Mallory, 62, was found guilty of several spying offences fo...

US lifts steel, aluminium tariffs on Canada

US lifts steel, aluminium tariffs on Canada

-- 2019-05-18 10:35:18

The US has reached a deal with Canada to lift tariffs on steel and aluminium imports in a move that could lead to approval for a new North American trade deal. In a joint statement, the US and Canada...

BOJ may keep low rates well over year: Kuroda

BOJ may keep low rates well over year: Kuroda

-- 2019-05-17 13:31:51

The Bank of Japan (BOJ) may maintain ultra-low rates for a further period of well over a year, the central bank Governor Haruhiko Kuroda said on Friday. However, he warned against the idea of proppin...

SE Asian stocks mostly rise; Philippines jumps

SE Asian stocks mostly rise; Philippines jumps

-- 2019-05-17 11:37:44

Southeast Asian stocks mostly rose on Friday, tracking the gains on Wall Street, which rose on upbeat earnings and strong economic data. Philippines shares led the surge on Southeast Asian markets af...

Asian shares mixed amid trade concerns

Asian shares mixed amid trade concerns

-- 2019-05-17 11:27:17

Asian stocks were mixed on Friday amid worries that US economic sanctions on Huawei would cast a pall on trade negotiations with China. Hong Kong’s Hang Seng shed 0.4 per cent to 28,161.89 whil...

Philippines withdraws top diplomats from Canada

Philippines withdraws top diplomats from Canada

-- 2019-05-16 13:30:31

The Philippines is withdrawing top diplomats from Canada after Ottawa missed a deadline to take back 69 shipping containers full of trash, the latest move in a long-running row stoked by threats from...

Trump to propose merit-based immigration plan

Trump to propose merit-based immigration plan

-- 2019-05-16 11:08:45

US President Donald Trump will outline on Thursday a plan to harden border security and overhaul the legal immigration system to favour applicants who speak English, are well-educated and have job off...

Brazilian economy fall 0.68pc in Q1

Brazilian economy fall 0.68pc in Q1

-- 2019-05-16 11:03:15

Brazil's economy fell 0.68 per cent in the first quarter of 2019 compared to the final quarter of 2018, according to a preliminary report released Wednesday by the country’s central bank. The E...

Japanese shares slip on trade frictions

Japanese shares slip on trade frictions

-- 2019-05-16 10:51:31

Japan’s Nikkei fell on Thursday as weak US and Chinese economic data and Sino-US trade frictions soured sentiment, while banks tumbled on weak earnings reports. The Nikkei share average shed 1....

Asian shares mixed on trade jitters

Asian shares mixed on trade jitters

-- 2019-05-16 10:45:09

Asian stocks were mixed Thursday amid worries over trade tensions, leavened by media reports that President Donald Trump may delay a decision on auto tariffs. Japan’s benchmark Nikkei 225 slipp...

German economy grew 0.4pc in Q1

German economy grew 0.4pc in Q1

-- 2019-05-15 13:43:14

The German economy got off to a solid start in 2019 returning to growth in the first quarter, helped by higher household spending and booming construction, preliminary data showed on Wednesday. Gross...

SE Asian stocks advance after Wall St gains

SE Asian stocks advance after Wall St gains

-- 2019-05-15 13:31:04

Southeast Asian shares were mostly higher on Wednesday, following a firmer finish on the Wall Street, as US President Donald Trump's upbeat remarks on Sino-US trade talks helped repair bruised optimis...

Alabama senate passes near-total ban abortion

Alabama senate passes near-total ban abortion

-- 2019-05-15 11:27:07

Alabama lawmakers have passed a bill to outlaw abortion outright in the state, set to be the strictest such US law. The state Senate approved the law by 25 votes to six, rejecting exemptions for case...

Asian shares follow Wall Street higher

Asian shares follow Wall Street higher

-- 2019-05-15 11:22:52

Asian stocks followed Wall Street higher on Wednesday after US President Donald Trump downplayed his escalating tariff war with Beijing and said a settlement is possible. Benchmarks in Shanghai, Toky...

Huawei willing to sign ‘no-spy’ agreements with governments

Huawei willing to sign ‘no-spy’ agreements with governments

-- 2019-05-15 11:05:44

Huawei is "willing to sign no-spy agreements with governments" including the UK, its chairman Liang Hua said. It follows concerns from some countries that China could use products made by the telecom...

North Korea demands immediate return of ship seized by US

North Korea demands immediate return of ship seized by US

-- 2019-05-14 14:57:03

North Korea has demanded the immediate return of a cargo ship seized by the US, branding the move an "unlawful robbery". Last week the US justice department accused Pyongyang of violating internation...

Malaysia Q1 GDP growth rate expected to slow

Malaysia Q1 GDP growth rate expected to slow

-- 2019-05-14 12:57:03

Malaysia’s gross domestic product (GDP) growth rate in the first quarter (Q1) was estimated to slow to 4.4 per cent amid declines in all segments, according to analysis Tuesday. Maybank Investm...