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The Financial Express

Search results for: Global

Venezuela releases former student leader amid suicide concerns

Venezuela releases former student leader amid suicide concerns

-- 2018-10-13 10:45:37

The Venezuelan government says it has released a political activist who has been held without trial since 2014. Lorent Saleh was arrested in September 2014, accused of links to Colombian paramilitari...

Federal Reserve is out of control: Trump

Federal Reserve is out of control: Trump

-- 2018-10-12 21:16:56

US President Donald Trump has renewed his attacks on the central bank, the US Federal Reserve, calling it 'out of control' and 'far too stringent'. Trump made the criticism while talking to the repor...

India rejects WB human capital index

India rejects WB human capital index

-- 2018-10-12 17:48:17

India has rejected the findings of the World Bank's Human Capital Index (HCI), which has placed the country at 115th position out of 157 countries on various considerations. The Indian finance minist...

Indian shares rebound; rupee gains

Indian shares rebound; rupee gains

-- 2018-10-12 14:59:21

Indian shares rebounded nearly 2.0 per cent on Friday, as the rupee strengthened due to an overnight fall in crude prices. The rupee gained sharply to hit a one-week high at 73.62 per dollar versus i...

China's foreign trade up 9.9pc in first nine months

China's foreign trade up 9.9pc in first nine months

-- 2018-10-12 12:48:54

China's goods trade rose 9.9 per cent year on year to 22.28 trillion yuan (about 3.23 trillion US dollars) in the first nine months of the year, customs data showed Friday. Exports increased 6.5 per...

Asia shares bounce after rout, but sentiment fragile

Asia shares bounce after rout, but sentiment fragile

-- 2018-10-12 11:56:16

Asian shares found a slightly firmer footing on Friday to set course for their first gains in two weeks, but the rout continued in Shanghai where shares hit lows last seen in 2014. Investor sentiment...

IMF warns against trade, currency wars, urges fix to global rules

IMF warns against trade, currency wars, urges fix to global rules

-- 2018-10-11 16:26:56

International Monetary Fund Managing Director Christine Lagarde on Thursday warned countries against engaging in trade and currency wars that hurt global growth and imperil “innocent bystanders....

Italy's pension reform will cost €100b: INPS

Italy's pension reform will cost €100b: INPS

-- 2018-10-11 16:01:10

The Italian state pension agency INPS said the government’s plan to lower the retirement age will cost future generations around 100 billion euros ($115.4 billion). The reform “will incre...

European shares hit 20-month lows

European shares hit 20-month lows

-- 2018-10-11 16:01:03

European shares hit more than 20 months low on Thursday following a rout on Wall Street as jitters over rising US Treasury yields sparked a broad selloff of risky assets. All sectors in the markets w...

Gunmen kidnap Africa’s ‘youngest billionaire’ in Tanzania

Gunmen kidnap Africa’s ‘youngest billionaire’ in Tanzania

-- 2018-10-11 15:44:05

The man said to be Africa's youngest billionaire has been kidnapped by masked gunmen in Tanzania's main city Dar es Salaam, police say. Mohammed Dewji, 43, was abducted outside a swanky hotel gym whe...

Pakistan's trade deficit shrinks 2.4pc for Sept

Pakistan's trade deficit shrinks 2.4pc for Sept

-- 2018-10-11 15:03:35

The trade deficit of Pakistan reduced by 2.4 percent during the month of September over the same month of the last year, the Pakistan Bureau of Statistics (PBS) has said. The trade deficit dropped...

Turkey cannot remain silent over Khashoggi’s disappearance: Erdogan

Turkey cannot remain silent over Khashoggi’s disappearance: Erdogan

-- 2018-10-11 14:47:10

Turkey cannot remain silent over the disappearance of Saudi journalist Jamal Khashoggi, President Tayyip Erdogan was quoted as saying by Hurriyet newspaper on Thursday, adding Turkey is investigating...

Asian shares slump after Wall St falls

Asian shares slump after Wall St falls

-- 2018-10-11 12:21:17

Asian share markets were broadly lower on Thursday after Wall Street slumped on a heavy selling of technology and internet stocks. Japan's benchmark fell by an unusually wide margin of 3.9 per cent...

Heavy winds, rains kill 12 in Sri Lanka

Heavy winds, rains kill 12 in Sri Lanka

-- 2018-10-11 10:44:42

Sri Lanka’s Disaster Management Center (DMC) on Thursday said 12 people had been killed and over 69,000 affected from the heavy winds and rains which lashed out across the island since last week...

India’s #MeToo: Pressure piles up on employers to respond to allegations

India’s #MeToo: Pressure piles up on employers to respond to allegations

-- 2018-10-10 15:24:57

Pressure is building on major Indian employers to take allegations of sexual harassment more seriously after a surge in the number of complaints against prominent public figures in the past week. At...

Turkey migrant boat capsize leaves four dead; 30 missing

Turkey migrant boat capsize leaves four dead; 30 missing

-- 2018-10-10 15:01:34

Four people died after a migrant boat sank off the western coast of Turkey late on Tuesday, the Turkish interior ministry said on Wednesday, adding that 30 others were still missing. The boat sank of...

SE Asian stocks extend losses

SE Asian stocks extend losses

-- 2018-10-10 14:40:05

Southeast Asian shares extended losses on Wednesday as the investor sentiment took a hit after the IMF said risks to the global financial system could increase sharply. Philippine shares fell 1.0 p...

Asian shares mixed in mute trade

Asian shares mixed in mute trade

-- 2018-10-10 13:31:39

Asian shares were mixed in muted trading Wednesday amid continuing worries about trade tensions and slowing global economic growth. Japan’s benchmark Nikkei 225 slipped 0.2 per cent to 23,414.4...

Four die in Bahrain building collapse, 20 injured

Four die in Bahrain building collapse, 20 injured

-- 2018-10-10 13:18:10

An apartment building collapsed in Bahrain’s capital late on Tuesday leaving at least four people dead and 20 injured, the interior ministry said. Three bodies were found at the site in Manama&...

Guatemalan ex-VP gets 15 years in jail over ‘Magic Water’ scandal

Guatemalan ex-VP gets 15 years in jail over ‘Magic Water’ scandal

-- 2018-10-10 11:57:28

A court in Guatemala has sentenced the former vice-president, Roxana Baldetti, to 15 years and six months in jail for her role in what became known as the ‘Magic Water’ scandal. Prosecuto...

Global debt balloons to record $182 trillion: IMF

Global debt balloons to record $182 trillion: IMF

Reuters 2018-10-10 11:43:00

Global debt levels reached a record $182 trillion in 2017, having grown 50 per cent in the previous decade, but the picture looks less grim when public assets are taken into account, the International...

China starts anti-halal campaign in Xinjiang

China starts anti-halal campaign in Xinjiang

-- 2018-10-10 11:25:23

The capital of China’s Xinjiang region, home to the mostly Muslim Uighur minority, has launched a campaign against halal products to stop Islam penetrating secular life and fuelling “extre...

Southeast Asian stocks fall in dull trading

Southeast Asian stocks fall in dull trading

-- 2018-10-09 14:38:05

Southeast Asian stock markets were subdued on Tuesday, tracking weakness in broader Asia as China allowed its currency to slip past a psychological bulwark amid sharp losses in domestic share markets....

Google goes global with 10 events for new Pixel phones

Google goes global with 10 events for new Pixel phones

-- 2018-10-09 14:36:07

Alphabet Inc’s Google will unveil the third edition of its Pixel smartphone at 10 media events across the world on Tuesday, a hint that it is prepared to expand geographic distribution of a devi...

Turkey detains 90 over suspected links to Kurdish militants

Turkey detains 90 over suspected links to Kurdish militants

-- 2018-10-09 12:55:36

Turkish authorities detained 90 people on Tuesday over suspected links to the outlawed Kurdistan Workers Party (PKK) militant group, the Interior Ministry said. The operation across eight provinces w...

Not yet approached by Pakistan for bailout: IMF

Not yet approached by Pakistan for bailout: IMF

-- 2018-10-09 12:42:33

Pakistan has not yet formally approached the International Monetary Fund for financial assistance, but if bailout talks get underway this week, the goal will be to help Pakistan reach its full potenti...

Venezuela's annual inflation hits 488,865 pc in Sept

Venezuela's annual inflation hits 488,865 pc in Sept

-- 2018-10-09 12:29:25

Venezuelan consumer prices rose 488,865 per cent in the 12 months ending in September as the country’s hyperinflation continues to accelerate amid a broader economic collapse. Daily inflation i...

Protests erupt in Venezuela over jailed lawmaker's death

Protests erupt in Venezuela over jailed lawmaker's death

-- 2018-10-09 11:16:23

Protesters in Venezuela have accused the government of murdering a jailed opposition lawmaker, who the authorities say killed himself. Crowds were calling for justice at a rally outside the Sebin int...

Asia stocks at 17-month low as China lets yuan slip

Asia stocks at 17-month low as China lets yuan slip

-- 2018-10-09 11:03:39

Asian shares hit 17-month lows on Tuesday as China allowed its currency to slip past a psychological bulwark amid sharp losses in domestic share markets, a shift that pressured other emerging currenci...

IMF cuts global growth forecasts on trade policy tensions

IMF cuts global growth forecasts on trade policy tensions

-- 2018-10-09 10:36:18

The International Monetary Fund on Tuesday cut its global economic growth forecasts for 2018 and 2019, saying that trade policy tensions and the imposition of import tariffs were taking a toll on comm...