Loading...

Search results for: Global

Asian stocks mixed after Fed holds rate

Asian stocks mixed after Fed holds rate

-- 2019-05-02 11:07:14

Asian shares were mixed on Thursday after the US Federal Reserve kept its benchmark interest rate intact and steered clear of suggesting that a cut was possible this year. Trading was light with mar...

China, US hold 'productive' trade talks in Beijing

China, US hold 'productive' trade talks in Beijing

-- 2019-05-01 20:10:13

  BEIJING: China and the United States held "productive" trade talks in Beijing on Wednesday and will continue discussions in Washington next week, U.S. Treasury Secretary Steven Mnuchin said, a...

LSE keeps central role in clearing ahead of Brexit

LSE keeps central role in clearing ahead of Brexit

-- 2019-05-01 17:03:35

London Stock Exchange (LSE) shrugged off a slowdown in equity trading as its clearing house saw record volumes, a signal that attempts by rival Deutsche Boerse to divert business from London to Frankf...

Alphabet shares plunge on weak revenue

Alphabet shares plunge on weak revenue

-- 2019-05-01 16:48:56

Alphabet shares plunged on Tuesday after the company posted weaker revenue in the first quarter. Shares of Google's parent company plunged 7.5 per cent to close at $1,198.96 dollars apiece after dec...

Lanka’s tourism sector counts financial toll of Easter attacks

Lanka’s tourism sector counts financial toll of Easter attacks

-- 2019-05-01 16:46:04

  Sri Lankan hotelier Roman Scott swung into crisis mode after the Easter Sunday attacks, driving across the island to make sure his employees and guests were safe. “First you go through...

S Korea exports fall for fifth month

S Korea exports fall for fifth month

-- 2019-05-01 16:32:48

South Korea’s exports contracted less in April than in the previous month, but the fifth straight of month of shrinkage, while the memory chip shipments down 13.5 per cent. April exports fell 2...

‘Explosive device’ found, man arrested in New Zealand’s Christchurch

‘Explosive device’ found, man arrested in New Zealand’s Christchurch

-- 2019-04-30 15:44:50

New Zealand police said on Tuesday a man was arrested and bomb disposal officers found a package with a suspected explosive device at a vacant property in Christchurch, where 50 people were killed in...

US deputy attorney general quits

US deputy attorney general quits

-- 2019-04-30 12:03:16

Rod Rosenstein, the US deputy attorney general who oversaw the special counsel inquiry into President Donald Trump's campaign and Russia, has resigned. Mr Rosenstein, who had a fraught working relati...

Southeast stock markets mostly firm

Southeast stock markets mostly firm

-- 2019-04-30 11:41:50

Most Southeast Asian stock markets firmed on Tuesday, as investors hoped that Beijing would introduce more policy stimulus to spur growth after manufacturing data failed to meet expectations. Top per...

Asian shares mixed after US stocks jump

Asian shares mixed after US stocks jump

-- 2019-04-30 11:33:10

Asian shares were mixed on Tuesday after Wall Street hit a new high and Chinese factory grew in April but below the previous month's pace. Benchmarks in Hong Kong, Seoul and Sydney declined while Sha...

China sentences Canadian to death for drug offences: Global Times

China sentences Canadian to death for drug offences: Global Times

-- 2019-04-30 10:54:16

A Chinese court sentenced a Canadian national to death for producing and trafficking methamphetamine, the Global Times newspaper reported on Tuesday. Global Times, a tabloid published by the ruling C...

IMF projects 2.8pc GDP growth for Saudi in 2019

IMF projects 2.8pc GDP growth for Saudi in 2019

-- 2019-04-29 14:44:36

The International Monetary Fund (IMF) has estimated 2.6 per cent economic growth for Saudi Arabia in 2019, slightly higher than its earlier 1.8 percent forecast. The IMF predicted the gross domestic...

SE Asian stocks slip; Singapore hits record high

SE Asian stocks slip; Singapore hits record high

-- 2019-04-29 14:27:57

Most Southeast Asian markets slipped on Monday as soft US inflation data eclipsed upbeat GDP numbers, while Singapore shares touched a near 11-month peak. Singapore shares rose 2.9 per cent to their...

Asian stocks mixed after new Wall St highs

Asian stocks mixed after new Wall St highs

-- 2019-04-29 14:15:43

Asian shares were mixed Monday as investors looked ahead to US-Chinese trade talks and the Federal Reserve's update on its US interest rate outlook. Benchmarks in Hong Kong and Seoul advanced, while...

Poland unlikely to leave EU: Juncker

Poland unlikely to leave EU: Juncker

-- 2019-04-29 12:34:14

Poland is unlikely to leave the European Union, even if the ruling eurosceptic Law and Justice (PiS) party wins re-election this year, EU executive head Jean-Claude Juncker said in an interview publis...

Sri Lanka bans face veils after Easter bombings

Sri Lanka bans face veils after Easter bombings

-- 2019-04-29 11:37:37

Sri Lanka has banned face coverings in public, following a spate of suicide attacks on Easter Sunday that killed at least 250 people and injured hundreds. President Maithruipala Sisirsena said he was...

Stockbrokers seek action on placement shares, dividends

Stockbrokers seek action on placement shares, dividends

FE Report 2019-04-29 09:32:15

The securities regulator has assured top stockbrokers of taking market supportive measures including making a provision for setting a ceiling on shares issued through IPO (initial public offering) and...

Ukrainians will reject Putin’s passport offer: Zelenskiy

Ukrainians will reject Putin’s passport offer: Zelenskiy

-- 2019-04-28 14:37:29

Russian President Vladimir Putin should not expect many Ukrainians to take up his offer of a Russian passport, Ukraine’s President-elect Volodymyr Zelenskiy said, while offering Ukrainian citize...

Australia PM promises migration cut if re-elected

Australia PM promises migration cut if re-elected

-- 2019-04-28 13:21:03

Australian Prime Minister Scott Morrison, trailing in opinion polls ahead of a May 18 election, on Sunday campaigned on the hot-button issue of immigration, promising to cut annual migrant numbers and...

Woman dies in US Synagogue shooting; three wounded

Woman dies in US Synagogue shooting; three wounded

-- 2019-04-28 11:53:03

A gunman walked into a San Diego-area synagogue in the US crowded with Sabbath worshippers on Saturday and opened fire with an assault-style rifle, killing one woman inside and wounding three others i...

Nepal's economy to grow by 6.81pc this FY

Nepal's economy to grow by 6.81pc this FY

-- 2019-04-27 15:26:33

Nepal's economy is projected to grow by 6.81 per cent in the current fiscal year (FY) that concludes in mid-July, the country’s Central Bureau of Statistics (CBS) has said. The CBS predicted th...

US economy grows 3.2pc in first quarter

US economy grows 3.2pc in first quarter

-- 2019-04-27 13:30:32

The US economy grew much faster than expected in the first quarter (Q1) of the year, helped by a jump in exports and by firms building up stocks of goods. The economy expanded at an annualised pace o...

Global stocks edge higher

Global stocks edge higher

-- 2019-04-27 13:17:47

Global stocks edged higher on Friday as data showing US economic growth accelerated in the first quarter offset corporate earnings disappointments, while the dollar fell against a basket of currencies...

US stocks end higher after strong GDP report

US stocks end higher after strong GDP report

-- 2019-04-27 13:08:53

Wall Street ended higher on Friday, as the market was buoyed by a better-than-expected US GDP growth for the first quarter, offsetting a string of falling chip stocks. The Dow Jones Industrial Averag...

Trump to pull US out of UN arms treaty

Trump to pull US out of UN arms treaty

-- 2019-04-27 11:42:18

President Donald Trump told the National Rifle Association on Friday he was pulling the United States out of an international arms treaty signed in 2013 by then-President Barack Obama but opposed by t...

Singapore's citizen unemployment rate edges up

Singapore's citizen unemployment rate edges up

-- 2019-04-26 14:19:54

The seasonal adjusted citizen unemployment rate of Singapore inched up slightly from 3.1 per cent in December 2018 to 3.2 per cent in March 2019, the Ministry of Manpower announced on Friday. Meanwhi...

Indian shares tick higher

Indian shares tick higher

-- 2019-04-26 14:06:36

Indian shares ticked higher on Friday as a volatile week draws to a close, with Tata Steel Ltd climbing the most in 14 months after the steelmaker beat expectations for quarterly profit. The broader...

Asian shares fall after Wall St slides

Asian shares fall after Wall St slides

-- 2019-04-26 14:02:04

Asian shares were mostly lower on Friday after an overnight decline on Wall Street spurred by disappointingly weak earnings reports from 3M and other industrial companies. Concern that China may temp...

BoE to refrain from rate hike until August 2020

BoE to refrain from rate hike until August 2020

-- 2019-04-25 15:21:28

The Bank of England (BoE) is likely to keep interest rates on hold until August 2020 because of a slower global economy and prolonged uncertainty about Brexit, a leading think tank said on Thursday....

11 die as elevator cable snaps at China construction site

11 die as elevator cable snaps at China construction site

-- 2019-04-25 13:44:47

Eleven workers were killed and two seriously injured on Thursday when an elevator at a construction site in northern China fell due to snapped cable, state media reported. The Voice of China radio sa...