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The Financial Express

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39 die, dozens fall sick after drinking cheap liquor in India

39 die, dozens fall sick after drinking cheap liquor in India

-- 2019-02-09 14:14:49

At least 39 people have died and another 27 fallen sick from drinking cheap spurious liquor containing toxic methanol in several villages in the northern India, officials said on Saturday. Senior pol...

IMF team to visit Sri Lanka February 15

IMF team to visit Sri Lanka February 15

-- 2019-02-09 13:04:15

Representatives of the International Monetary Fund (IMF) will visit Sri Lanka in next week to discuss the granting of 1.5 billion US dollar fund facility that was postponed due to the political crisis...

Global stocks fall; dollar firms again

Global stocks fall; dollar firms again

-- 2019-02-09 11:57:11

World stocks fell for a third straight day on Friday on pessimism about global economic growth and trade tensions, while the US dollar was on track for its biggest weekly gain since August. MSCI&rsqu...

US stocks fall for third straight day

US stocks fall for third straight day

-- 2019-02-09 11:42:14

US stocks fell for the third straight day on Friday, as skepticism over the United States and China reaching a trade deal before a looming deadline added to concerns over slowing global growth. Anoth...

China calls for peaceful talks to resolve Venezuela issue

China calls for peaceful talks to resolve Venezuela issue

-- 2019-02-09 11:02:34

Venezuela should resolve its own matters itself via peaceful talks and China supports the international community’s efforts in this regard, the Chinese foreign ministry said. About 20 European...

China's PPP projects drive $2t investment in 2018

China's PPP projects drive $2t investment in 2018

-- 2019-02-08 14:54:51

China’s public-private partnership (PPP) projects drove13.2 trillion yuan (about 2 trillion US dollars) investment by the end of 2018, an official data showed. According to the China Public Pri...

Tata Motors drags Indian shares lower

Tata Motors drags Indian shares lower

-- 2019-02-08 14:35:27

Tata Motors dragged Indian shares to lower on Friday as the automaker posted its worst quarterly loss and trimmed profit margin guidance for its British luxury car unit for the current fiscal year. T...

Asian stocks fall after Trump’s comment

Asian stocks fall after Trump’s comment

-- 2019-02-08 14:30:13

Asian shares slipped on Friday after US President Donald Trump said he doesn’t plan to meet Chinese leader Xi Jinping before a tariffs truce ends in March. Japan’s Nikkei 225 index was 1....

RBI reduces repo rate by 25 points

RBI reduces repo rate by 25 points

-- 2019-02-07 16:12:37

The Reserve Bank of India (RBI) has reduced the repo rate, or the interest rate at which it lends money to banks, by a marginal 25 basis points. The new repo rate now stands at 6.25 per cent from the...

Libya detains sovereign wealth fund chairman: Official

Libya detains sovereign wealth fund chairman: Official

-- 2019-02-07 16:06:04

The chairman of Libya’s LIA sovereign wealth fund, Ali Mahmoud Hassan Mohamed, was detained on Wednesday for an investigation into alleged “corruption and exploitation of (his) position,&r...

Renault to alert prosecutors over Ghosn’s wedding costs

Renault to alert prosecutors over Ghosn’s wedding costs

-- 2019-02-07 16:04:42

Renault is investigating a sponsorship deal with the Chateau de Versailles that included a 50,000 euro ($57,000) personal benefit to its scandal-hit former chairman Carlos Ghosn, the carmaker said on...

New Zealand's unemployment rate jumps to 4.3pc

New Zealand's unemployment rate jumps to 4.3pc

-- 2019-02-07 13:36:15

New Zealand's unemployment rate rose to 4.3 per cent in the December 2018 quarter, up from 4.0 per cent last quarter, the country's statistics department Stats NZ said on Thursday. The unemployment r...

Work urgently with me on Brexit: May appeals to EU

Work urgently with me on Brexit: May appeals to EU

-- 2019-02-07 12:51:52

British Prime Minister Theresa May will call on the European Union on Thursday to work with her to change a divorce deal and help her win the support of a divided parliament to smooth Britain’s...

Trump may declare IS defeated next week

Trump may declare IS defeated next week

-- 2019-02-07 10:58:57

US President Donald Trump said on Wednesday he expected a formal announcement as early as next week that the coalition fighting Islamic State militants has reclaimed all of the territory previously he...

Trump nominates WB critic to take its helm

Trump nominates WB critic to take its helm

-- 2019-02-07 10:57:36

US President Donald Trump said on Wednesday that the World Bank Group should be led by US Treasury official David Malpass, a Trump loyalist and critic of multilateral institutions who has vowed to pur...

SE Asian stocks rise on trade deal hopes

SE Asian stocks rise on trade deal hopes

-- 2019-02-07 10:57:18

Most Southeast Asian stock markets firmed on Thursday as news of further talks between Beijing and Washington bolstered hopes of a trade deal being struck before the March 2 deadline. Singapore share...

Asian shares doze in data lull

Asian shares doze in data lull

-- 2019-02-07 09:50:29

Asian share markets were in a muted mood on Thursday and looked set for a sleepy session with China still on holiday and no major economic data on the diary. MSCI’s broadest index of Asia-Pacif...

Policeman dies after armed men blow up gas tanker truck in Iran

Policeman dies after armed men blow up gas tanker truck in Iran

-- 2019-02-06 15:26:36

A policeman was killed and another seriously wounded after armed men blew up a tanker truck carrying liquified gas in northwestern Iran early on Wednesday, Mehr news agency reported. Police approache...

H1N1 flu kills 16 in Morocco

H1N1 flu kills 16 in Morocco

-- 2019-02-06 13:18:46

H1N1 flu has killed 16 people in Morocco, the government said Tuesday. A total of 36 people are receiving care in hospitals because of the flu, while 20 others have recovered, said Government Spokesm...

SE Asian stocks: Philippines jumps, Indonesia edges up

SE Asian stocks: Philippines jumps, Indonesia edges up

-- 2019-02-06 12:45:45

Most Southeast Asian stocks—Malaysia, Vietnam, and Singapore—markets were closed on Wednesday for the Lunar New Year, while Philippine shares jumped to more than 10-1/2 months high. Phili...

Puerto Rico restructuring deal gets court approval

Puerto Rico restructuring deal gets court approval

FE Online Desk 2019-02-06 12:26:49

Puerto Rico, a Caribbean island and unincorporated US territory, has received the approval of a deal to restructure $17.0 billion of the island’s $72.0 billion debt. Judge Laura Taylor Swain ap...

US supports ‘dictators, extremists’ in Middle East: Iran

US supports ‘dictators, extremists’ in Middle East: Iran

-- 2019-02-06 12:23:10

The United States supports “dictators, butchers and extremists” in the Middle East, Iranian Foreign Minister Mohammad Javad Zarif said in a Twitter post Wednesday in a response to US Presi...

Asian shares rise on Wall Street gains

Asian shares rise on Wall Street gains

-- 2019-02-06 11:35:57

Shares have advanced in Asia following a rally on Wall Street led by technology companies. There was little if any immediate reaction to President Donald Trump’s State of the Union address. Jap...

Macron announces national day marking Armenian genocide

Macron announces national day marking Armenian genocide

-- 2019-02-06 11:31:53

French President Emmanuel Macron on Tuesday declared April 24 as a day for the commemoration of the Armenian genocide in France, an issue that has caused regular friction between Turkey and European U...

Trump plans to meet Kim in Vietnam Feb 27-28

Trump plans to meet Kim in Vietnam Feb 27-28

-- 2019-02-06 10:54:19

US President Donald Trump said on Tuesday he would hold his second meeting with North Korean leader Kim Jong Un in Vietnam on Feb 27 and 28, while giving himself credit for avoiding a major war on the...

Cyber attacks continue to rise in Bangladesh

Cyber attacks continue to rise in Bangladesh

Yasir Wardad 2019-02-06 10:32:32

The incidents of cyber attacks continue to rise at different commercial and service-providing outlets in the country despite taking various preventive measures. As the country achieved a good progres...

Australian banking shares jump despite Hayne report

Australian banking shares jump despite Hayne report

-- 2019-02-05 14:40:37

Australian bank shares have jumped after the report on finance-sector misconduct recommended dozens of rule changes but spared the “Big Four” lenders any serious threat to their market dom...

RBI likely to change monetary policy stance

RBI likely to change monetary policy stance

-- 2019-02-05 14:20:17

The Reserve Bank of India (RBI) is likely to change its monetary policy stance to “neutral” from “calibrated tightening” on Thursday and move closer to a rate cut in April. A...

Japan’s finance minister apologises for criticising childless

Japan’s finance minister apologises for criticising childless

-- 2019-02-05 14:04:11

Japan's Finance Minister Taro Aso has reluctantly apologised for saying childless people are to blame for the country's rising social security costs and its aging and declining population. "If it mad...

Paris apartment fire kills seven; 30 injured

Paris apartment fire kills seven; 30 injured

-- 2019-02-05 12:27:14

A fire in a Paris apartment building killed at least seven people and injured around 30 in the early hours of Tuesday, authorities said. The blaze at an eight-storey building in the city’s fash...