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The Financial Express

Search results for: Global

Asian shares tick up but oil rout dampens sentiment

Asian shares tick up but oil rout dampens sentiment

Reuters 2018-11-26 10:53:49

Asian shares edged higher on Monday, though investors were cautious as plunging oil prices fanned worries about a dimming outlook for the global economy. Markets are also bracing for a crucial meetin...

Gunmen kill cleric, nine followers at Somalia religious centre

Gunmen kill cleric, nine followers at Somalia religious centre

-- 2018-11-26 10:45:11

Al Shabaab gunmen and a suicide car bomber struck a religious centre in central Somalia on Monday, killing a cleric and at least nine of his followers, a police officer said. “The militants kil...

Mexican officials deny deal with US on asylum seekers

Mexican officials deny deal with US on asylum seekers

-- 2018-11-25 13:45:22

Mexico's incoming foreign minister has said discussions on how to deal with migrants travelling to the United States are continuing despite reports a deal has been reached. Marcelo Ebrard denied reac...

Experts see China economy slowing down in 2019

Experts see China economy slowing down in 2019

Reuters 2018-11-25 13:30:49

China’s economic growth is expected to hit 6.6 per cent this year and slow to 6.3 per cent in 2019 as the country struggles with challenges relating to trade and structural reform, economists fr...

Cruise boat capsizes in Uganda, killing 10

Cruise boat capsizes in Uganda, killing 10

-- 2018-11-25 10:51:14

At least 10 people have died after a cruise boat capsized in Lake Victoria in Uganda on Saturday evening while more than 40 others were rescued, Ugandan police said. "The rescue mission is still on t...

Trump takes bid to restrict transgender troops to top court

Trump takes bid to restrict transgender troops to top court

-- 2018-11-24 13:53:55

President Donald Trump’s administration on Friday asked the US Supreme Court to review lower court rulings blocking a policy barring certain transgender people from military service, declining t...

Two die in China factory blast; 24 injured

Two die in China factory blast; 24 injured

-- 2018-11-24 11:23:56

Two people were killed and 24 others injured in an explosion at a machinery plant in the northern Chinese province of Jilin, the local government said on Saturday. At least 41 houses were damaged in...

S Korea secures UN sanctions exemption for inter-Korean rail survey

S Korea secures UN sanctions exemption for inter-Korean rail survey

-- 2018-11-24 10:50:42

South Korea said on Saturday it had received sanctions exemptions from the UN Security Council for a joint survey on inter-Korean rail. It is the first step towards implementing an inter-Korean agree...

Wall Street drops, S&P 500 confirms correction

Wall Street drops, S&P 500 confirms correction

Reuters 2018-11-24 10:38:10

US stocks closed lower in a shortened post-holiday trading session on Friday as the energy sector tumbled on continued weakness in oil prices, and the benchmark S&P 500 confirmed its second correc...

Gunmen kill six in southern Libya

Gunmen kill six in southern Libya

-- 2018-11-24 10:15:13

Gunmen raided a town deep in Libya’s southern desert, killing six, the municipality said on Friday, adding that it believed the militant group Islamic State was responsible. A military source s...

Wall Street slips at the open

Wall Street slips at the open

Reuters 2018-11-23 21:06:57

US stocks fell at open on Friday as energy stocks took a hit from oil prices sliding to their lowest in more than a year, while investors were nervous ahead of US-China trade talks at the G20 summit n...

China leads Asian shares lower on growth, trade worries

China leads Asian shares lower on growth, trade worries

Reuters 2018-11-23 12:23:14

Asian shares slipped on Friday as trade tensions continued to hurt sentiment, while weak corporate earnings in Europe added to worries about global growth and outweighed hopes for progress in Brexit n...

Foreign tourists visiting S Korea rise 31pc in Oct

Foreign tourists visiting S Korea rise 31pc in Oct

-- 2018-11-22 14:51:54

Foreign tourists visiting South Korea jumped in October as Chinese and Japanese visitors travelled to the country during the autumn holiday period, tourism agency data showed Thursday. The number of...

Massive dust storm blankets Australia; health warning issued

Massive dust storm blankets Australia; health warning issued

-- 2018-11-22 13:13:44

A giant dust storm has blanketed communities across south-east Australia, turning skies orange and raising concerns about air quality. Authorities issued a public health alert for Sydney on Thursday...

Southeast Asian stocks tread water

Southeast Asian stocks tread water

-- 2018-11-22 12:14:06

Most Southeast Asian stock markets treaded water on Thursday while Indonesian shares gained, clawing back some of the previous session's losses. Broader Asian shares ticked up slightly, drawing confi...

Singapore’s economy grows 3pc in Q3

Singapore’s economy grows 3pc in Q3

-- 2018-11-22 12:10:31

Singapore's economy grew by 3.0 per cent in the third quarter, expanded at a much slower pace than initially thought, from the previous three months on an annualised and seasonally adjusted basis....

Vietnam oil tank truck fire kills six

Vietnam oil tank truck fire kills six

-- 2018-11-22 11:52:21

A petrol tank truck fire broke out Thursday morning in Vietnam’s southern Binh Phuoc province, leaving at least six people, including a family of four, dead and dozens of others injured, local m...

Libyan gunmen release kidnapped Egyptian workers

Libyan gunmen release kidnapped Egyptian workers

-- 2018-11-22 11:03:05

Egyptian workers taken hostage in Libya this week over a financial dispute between Libyan contractors and their Egyptian partner have been freed, a relative of one of the hostages said. The governor&...

Nikkei flat; cosmetics stocks jump

Nikkei flat; cosmetics stocks jump

-- 2018-11-22 10:45:27

Japan’s Nikkei share index was little changed on Thursday as investors stayed on the sidelines before a three-day weekend. The markets traded mostly flat but companies linked to inbound tourism...

US mulls sanctions on Cuban officials aiding crackdown in Venezuela

US mulls sanctions on Cuban officials aiding crackdown in Venezuela

-- 2018-11-22 10:41:49

The Trump administration is considering imposing sanctions on Cuban military and intelligence officials who it says are helping Venezuela’s socialist government crackdown on dissent, according t...

Asian shares tick up

Asian shares tick up

Reuters 2018-11-22 09:45:48

Asian shares stepped ahead cautiously on Thursday while oil rebounded from a steep sell-off, though rising US interest rates and escalating trade tensions kept financial markets on edge amid signs of...

Wall Street set to open higher as tech shares recover

Wall Street set to open higher as tech shares recover

-- 2018-11-21 20:38:08

Wall Street was set to claw back some of the losses from a brutal two-day sell off on Wednesday as Apple Inc and other major technology stocks regained a foothold and oil prices steadied, according to...

Greece predicts 2.5pc GDP growth for 2019

Greece predicts 2.5pc GDP growth for 2019

-- 2018-11-21 20:35:40

Greece has projected its economy would grow by 2.5 per cent next year, as it submitted its first post-bailout budget to parliament promising to return a high surplus. Presenting its 2019 budget, vett...

China has failed to alter 'unfair, unreasonable' trade practices: US

China has failed to alter 'unfair, unreasonable' trade practices: US

Reuters 2018-11-21 15:29:09

WASHINGTON: The Trump administration on Tuesday said that China has failed to alter its “unfair” practices at the heart of the U.S.-China trade conflict, adding to tensions ahead of a high...

European shares rebound on budget hopes

European shares rebound on budget hopes

-- 2018-11-21 15:13:08

European shares rose on Wednesday as Italian banks rebounded on hopes Rome could compromise with Brussels over its budget plans. The STOXX 600 rose 0.5 percent in early trading, on course to snap a...

Asian shares sell-off in trade tensions

Asian shares sell-off in trade tensions

-- 2018-11-21 15:01:42

Asian shares fell on Wednesday after a trade dispute between the US and China stalled a weekend meeting, dimming hopes that it could be resolved once their leaders meet. Japan’s benchmark Nik...

Kenya beats India in world tea market so far

Kenya beats India in world tea market so far

-- 2018-11-21 12:08:50

Record tea crop in Kenya has given a tough competition to Indian tea in the global markets in the second half of the year. Indian tea has failed to maintain higher prices in the world market as Kenya...

IMF delays Sri Lanka's loan discussion on political crisis

IMF delays Sri Lanka's loan discussion on political crisis

-- 2018-11-21 11:52:49

COLOMBO: The International Monetary Fund (IMF) said on Tuesday it had delayed discussions on Sri Lanka’s next loan tranche due to the country’s political crisis. The IMF has disbursed o...

Nissan shares slump after Ghosn's arrest

Nissan shares slump after Ghosn's arrest

Reuters 2018-11-20 14:00:57

Nissan Motor Co’s shares fell more than 6 percent on Tuesday as Chairman Carlos Ghosn’s arrest a day earlier sent shockwaves through the business world and threw into doubt the future of J...

French jobless rate steady in third quarter

French jobless rate steady in third quarter

-- 2018-11-20 13:08:06

France’s jobless rate held steady in the third quarter (Q3) despite recent employment gains, according to data published by the INSEE national statistics office. The INSEE said that the unemplo...