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The Financial Express

Search results for: Global

Australia cuts annual intake of immigrants by 15pc

Australia cuts annual intake of immigrants by 15pc

-- 2019-03-20 12:32:21

Australia cut its annual intake of immigrants by nearly 15 per cent on Wednesday, and barred some new arrivals from living in its largest cities for three years, in a bid to ease urban congestion. Pr...

Asian shares trend lower

Asian shares trend lower

-- 2019-03-20 12:08:27

Asian share markets are mostly lower after a lackluster day of trading on Wall Street. Mixed signals on the progress of China-US trade talks also revived caution in Chinese markets. The Shanghai Comp...

France reduces 2019 growth target

France reduces 2019 growth target

-- 2019-03-20 11:03:04

France has reduced its economic growth target for this year to 1.4 per cent from 1.7 per cent after the "Yellow Vest" protest movement severely impacted the country's economy. "What's obvious is that...

Malaysia's Feb CPI seen falling 0.3pc y/y: Reuters poll

Malaysia's Feb CPI seen falling 0.3pc y/y: Reuters poll

-- 2019-03-19 12:47:54

Malaysia’s consumer prices are expected to fall again in February, but at a slower rate than the previous month, a Reuters poll showed on Tuesday. The consumer price index (CPI) in February was...

SE Asian stocks subdued in thin trading

SE Asian stocks subdued in thin trading

-- 2019-03-19 12:22:41

Most Southeast Asian stock markets were subdued in thin trading on Tuesday as investors remained on sidelines ahead of the US Federal Reserve policy meeting. The Federal Reserve is likely to hold int...

Australia PM calls for social media crackdown after NZ attacks

Australia PM calls for social media crackdown after NZ attacks

-- 2019-03-19 11:23:38

Australian Prime Minister Scott Morrison has called for global restrictions on social media following the Christchurch mosque attacks. Facebook and other firms have been criticised for failing to blo...

Asian shares mixed in muted trading

Asian shares mixed in muted trading

-- 2019-03-19 11:05:13

Asian shares were mixed in muted trading Tuesday as investors awaited the US Federal Reserve meeting later in the week. Japan's benchmark Nikkei 225 lost 0.3 per cent to 21,528.23 in early trading. A...

Trade conflicts damaging world economy, German minister says

Trade conflicts damaging world economy, German minister says

-- 2019-03-18 18:43:31

German Finance Minister Olaf Scholz has said trade conflicts are damaging the global economy and Europe must speak with united voice to maximise its bargaining power. He came up with the remarks in a...

Japan logs goods trade surplus of $3.03b in Feb

Japan logs goods trade surplus of $3.03b in Feb

-- 2019-03-18 12:01:19

Japan logged a goods trade surplus in February, the government said on Monday in a preliminary report. According to the Finance Ministry, the surplus in January stood at 339.0 billion yen (3.03 billi...

13,000 ‘terrorists’ arrested in Xinjiang since 2014, China says

13,000 ‘terrorists’ arrested in Xinjiang since 2014, China says

-- 2019-03-18 11:34:14

Authorities in China have arrested almost 13,000 ‘terrorists’ in the restive far western region of Xinjiang since 2014, the government said on Monday, in a lengthy policy paper again defen...

SE Asian stocks edge up in hopes of a dovish Fed

SE Asian stocks edge up in hopes of a dovish Fed

-- 2019-03-18 10:53:00

Southeast Asian stocks mostly rose on Monday, as investor sentiment buoyed ahead of the US Federal Reserve's policy meeting where the policymakers were expected to remain dovish. The Vietnam index ro...

Asian shares rise on US-China trade talk hopes

Asian shares rise on US-China trade talk hopes

-- 2019-03-18 10:45:38

Asian shares advanced on Monday as investors awaited signs the US and China could be making progress in negotiations on resolving the trade war between the two biggest economies. Japan's benchmark Ni...

China to prosecute top Uighur official for corruption

China to prosecute top Uighur official for corruption

-- 2019-03-17 13:24:18

China’s anti-corruption watchdog said it would prosecute Nur Bekri, one of the highest-ranking ethnic Uighur officials in the country, over allegations of graft during to his time as governor of...

US Navy veteran detained in Iran gets 10 years jail: Lawyer

US Navy veteran detained in Iran gets 10 years jail: Lawyer

-- 2019-03-17 11:22:59

A US Navy veteran has been sentenced to 10 years in an Iranian prison, his family’s lawyer said, after he was arrested last July while visiting an Iranian woman in the city of Mashhad. Michael...

May warns of long Brexit delay unless MPs back her deal

May warns of long Brexit delay unless MPs back her deal

-- 2019-03-17 10:52:02

British Prime Minister Theresa May’s warned lawmakers that unless they approved her Brexit divorce deal after two crushing defeats, Britain’s exit from the European Union could face a long...

NZ PM pledges gun law reforms after mosque massacre

NZ PM pledges gun law reforms after mosque massacre

-- 2019-03-16 14:52:55

New Zealand is normally peaceful and calm - and has plenty of guns. New Zealand’s reputation as a laid-back and safe country, where even police are mostly unarmed, belies easy access to weapons...

Philippines BOP position posts higher in 2018

Philippines BOP position posts higher in 2018

-- 2019-03-16 12:36:46

The Philippines' balance of payments (BOP) position for full-year 2018 posted a deficit of 2.3 billion US dollars, "significantly higher" than the $863 million deficit recorded a year ago, the BSP has...

Global equity markets hit five-month high

Global equity markets hit five-month high

-- 2019-03-16 11:05:06

A gauge of global equity markets hit a five-month high on Friday on investor optimism over US-Chinese trade talks and hopes a new Brexit vote next week will prove successful. However, the dollar head...

Trump’s trade war cost US economy $7.8b in 2018: Study

Trump’s trade war cost US economy $7.8b in 2018: Study

-- 2019-03-16 11:04:44

President Donald Trump’s trade battles cost the US economy $7.8 billion in lost gross domestic product in 2018, a study by a team of economists at leading American universities published this we...

Trade optimism pushes US stocks higher

Trade optimism pushes US stocks higher

-- 2019-03-16 10:40:51

Wall Street’s main indexes hit session highs on Friday, in broad based gains led by technology stocks, as sentiment was lifted by an upbeat note in trade talks between the United States and Chin...

New Zealand shootings: Main suspect charged with murder

New Zealand shootings: Main suspect charged with murder

-- 2019-03-16 10:04:48

The main suspect in mass shootings at two New Zealand mosques was charged with one count of murder a day after an attack that killed 49 people and wounded dozens, prompting the prime minister to vow r...

Not even dollar is immune to hyperinflation in Venezuela

Not even dollar is immune to hyperinflation in Venezuela

-- 2019-03-15 18:39:12

In San Antonio del Tachira, like scores of Venezuelan towns near the border with Colombia, if you want to buy food or medicine it is no use amassing huge piles of bolivar currency. You need Colombian...

SE Asian stocks: Indonesia rises, Philippines falls

SE Asian stocks: Indonesia rises, Philippines falls

-- 2019-03-15 12:17:24

Southeast Asian stocks were mixed on Friday while Indonesian shares rose after data showed a surprise trade surplus last month, but Philippines stocks fell. Singapore and Malaysia rose amid reports o...

Asian shares rise after BOJ decision

Asian shares rise after BOJ decision

-- 2019-03-15 12:08:58

Asian shares rose Friday after a day of lackluster trading on Wall Street. Japan’s Nikkei 225 index jumped 1.0 per cent to 21,506.92 as the Bank of Japan ended a policy meeting by keeping its...

BOJ keeps monetary policy steady

BOJ keeps monetary policy steady

-- 2019-03-15 11:00:27

The BOJ has kept monetary policy steady and offered a bleaker assessment of exports and output, nodding to heightening overseas risks that could threaten to derail a fragile economic recovery. The Ba...

Malaysia refuses to drop case against Vietnamese in Kim murder

Malaysia refuses to drop case against Vietnamese in Kim murder

-- 2019-03-14 13:29:46

Malaysia’s attorney-general ordered the murder case to proceed against a Vietnamese woman accused in the killing of the estranged half brother of North Korea’s leader, prosecutors said in...

Trump says in no rush to complete China trade deal

Trump says in no rush to complete China trade deal

-- 2019-03-14 12:58:58

US President Donald Trump said on Wednesday he was in no rush to complete a trade pact with China and insisted that any deal would include protection for intellectual property, a major sticking point...

10 die in Nigeria school building collapse

10 die in Nigeria school building collapse

-- 2019-03-14 12:45:12

At least 10 people have died and many more are feared trapped after a building containing a school collapsed in the Nigerian city of Lagos. The school, which was on the top floor of the four-storey b...

China industrial output growth falls to record low

China industrial output growth falls to record low

-- 2019-03-14 12:07:16

China's January-February industrial output slipped to a 17-year low, but investment picked up pace during the period as the government boosted road and rail projects in a bid to avert a slowdown. Chi...

SE Asia stocks subdued after mixed China data

SE Asia stocks subdued after mixed China data

-- 2019-03-14 11:15:42

Southeast Asian stock markets remained subdued on Thursday in thin trade, as investors chose to wait and watch, after a mixed set of economic data from China kept them on edge. China's January-Februa...