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The Financial Express

Search results for: Global

Asian shares on slippery slope

Asian shares on slippery slope

-- 2018-09-10 10:20:53

Asian shares started the week in the red on Monday faltering for the eighth straight day while the dollar climbed as US President Donald Trump raised the stakes in the heated trade dispute with China....

N Korea holds 70th anniv parade without displaying missiles

N Korea holds 70th anniv parade without displaying missiles

-- 2018-09-09 13:23:08

With no long-range missiles on display, North Korea staged a military parade on Sunday focused on peace and economic development, filled with coloured balloons and flowers to mark the 70th anniversary...

Fresh from end of bailout, Greek PM announces tax breaks

Fresh from end of bailout, Greek PM announces tax breaks

-- 2018-09-09 12:23:35

Greek Prime Minister Alexis Tsipras on Saturday unveiled plans for tax cuts and pledged spending to heal years of painful austerity, less than a month after Greece emerged from a bailout programme fin...

Tax reform in India leads to huge job losses

Tax reform in India leads to huge job losses

Reuters 2018-09-09 11:11:13

Tilak Raj Bathla’s tiny weaving factory is one of the few still humming on a once busy road in Panipat, known as the country’s “textile city”. Nearby, more than two dozen othe...

75 people get death penalty in Egypt over 2013 sit-in

75 people get death penalty in Egypt over 2013 sit-in

-- 2018-09-08 15:35:17

Egypt has sentenced 75 people to death, including prominent Islamist leaders, over a 2013 pro-Muslim Brotherhood sit-in which ended with the killing of hundreds of protesters, judicial sources said on...

UK, France fail to agree on scallop fishing deal

UK, France fail to agree on scallop fishing deal

-- 2018-09-08 14:58:35

The UK and France have failed to agree a deal to end a dispute over scallop fishing in the English Channel. Crews clashed in the waters last month over laws that allow British boats to gather scallop...

Strong quake shakes southern Philippines

Strong quake shakes southern Philippines

-- 2018-09-08 14:34:43

An earthquake measuring 6.4 on the Richter scale struck the southern Philippines on Saturday, the US Geological Survey said. There were no immediate reports of any casualties or damage from the quake...

US sends Iran messages constantly to start negotiations: Rouhani

US sends Iran messages constantly to start negotiations: Rouhani

-- 2018-09-08 13:54:29

The United States constantly sends messages to Iran to begin negotiations, Iranian President Hassan Rouhani said on Saturday in a speech broadcast on state television. Tensions ramped up between Iran...

China's foreign trade up 9.1pc in first eight months

China's foreign trade up 9.1pc in first eight months

-- 2018-09-08 13:13:39

China's foreign trade went up 9.1 per cent year on year to 19.43 trillion yuan (about 2.85 trillion US dollars) in the first eight months of this year, customs data showed Saturday. Exports of the wo...

Mexico inflation rate hits 4.9pc in August

Mexico inflation rate hits 4.9pc in August

-- 2018-09-08 12:48:24

Mexican inflation increased to 4.9 per cent year-on-year in August, its highest level in five months due to gas and agribusiness, the National Institute of Statistics and Geography (INEGI) has said....

World stocks fall on trade fears

World stocks fall on trade fears

-- 2018-09-08 12:15:01

Global stocks fell on Friday in volatile trading as investors weighed solid economic data against expectations for interest rate hikes and escalating US-China trade tensions. The US dollar was boos...

Ex-Trump aide gets 14 days in jail in Mueller probe

Ex-Trump aide gets 14 days in jail in Mueller probe

-- 2018-09-08 11:23:56

The former Trump adviser whose remarks in a London pub sparked the US inquiry into possible collusion with Russia has been sentenced to 14 days in jail. George Papadopoulos, 31, told the court in Was...

US stocks end lower on tariff worries

US stocks end lower on tariff worries

-- 2018-09-08 11:21:12

US stocks ended lower on Friday as US President Donald Trump raised the possibility of additional tariffs on imports of Chinese goods. Based on the latest available data, the Dow Jones Industrial Ave...

Eurozone GDP grows 0.4pc in second quarter

Eurozone GDP grows 0.4pc in second quarter

-- 2018-09-07 18:25:00

The euro zone economy grew at 0.4 per cent in the second quarter (Q2) as business and other investments rose sharply while net trade was negative, a statistics agency said on Friday. The agency said...

Japan economy seen revised up in Q2: Reuters poll

Japan economy seen revised up in Q2: Reuters poll

-- 2018-09-07 18:10:53

The economic growth of Japan is expected to be revised up in the second quarter (Q2) due to an acceleration in capital expenditure, a Reuters poll showed on Friday. The poll of 18 economists also s...

Indian shares end higher as rupee trades firm

Indian shares end higher as rupee trades firm

-- 2018-09-07 17:29:50

Indian shares ended higher on Friday helped by gains in energy and automobile stocks as the rupee regained some lost ground, but the benchmark indexes logged their worst week since end June. The BSE...

Trade uncertainty keeps European shares depressed

Trade uncertainty keeps European shares depressed

-- 2018-09-07 15:45:09

European shares remained stuck at five-month lows on Friday as uncertainty over global trade rippled through markets and investors dumped riskier sectors. The pan-European STOXX 600 gave up timid ear...

Trade tensions weigh on Asian shares

Trade tensions weigh on Asian shares

-- 2018-09-07 11:25:21

Asian shares carved out a 14-month trough on Friday as investors feared a new salvo of Sino-US tariffs could come at any moment, while a slump in US chip stocks rippled through the tech-heavy region....

US job growth sees a pickup in August

US job growth sees a pickup in August

-- 2018-09-07 10:58:32

US job growth likely accelerated in August, with the unemployment rate expected to have fallen back to an 18-year low of 3.8 per cent, which would bolster views that the economy was so far weathering...

Ireland's earnings from tourists increase in H1

Ireland's earnings from tourists increase in H1

-- 2018-09-06 21:12:55

Overseas visitors to Ireland spent a total of 2.27 billion euros (2.64 billion US dollars) in the first half (H1) of 2018, up 8.5 per cent compared with the same period in 2017, according to the gover...

US worker productivity growth rise in Q2

US worker productivity growth rise in Q2

-- 2018-09-06 20:48:29

US worker productivity rose at its fastest pace in more than three years in the second quarter (Q2), as previously reported, but the trend in productivity growth remained moderate. The US Labor Dep...

Mideast stocks mixed, Saudi extends losses

Mideast stocks mixed, Saudi extends losses

-- 2018-09-06 19:52:32

Gulf stocks were mostly mixed on Thursday while Saudi stocks extended losses after a 3.0 per cent plunge a day earlier, as investors were rattled by turbulence in emerging markets. The Saudi index...

UK warship sails close to disputed S China islands, angering Beijing

UK warship sails close to disputed S China islands, angering Beijing

-- 2018-09-06 15:58:22

Beijing expressed anger on Thursday after a British Royal Navy warship sailed close to islands claimed by China in the South China Sea late last month, saying Britain was engaged in “provocation...

European shares slump to five-month low

European shares slump to five-month low

-- 2018-09-06 15:05:40

European shares fell on Thursday as fresh losses in emerging markets and worries Washington will follow through on plans to levy an extra $200 billion of Chinese imports kept investors on the edge. T...

Burberry stops burning unsold products, using real fur

Burberry stops burning unsold products, using real fur

-- 2018-09-06 14:32:04

British luxury goods maker Burberry has announced that it will stop the practice of burning unsold goods, with immediate effect. The fashion label also said it would stop using real fur in its produc...

Ethiopia reopens embassy in Eritrea

Ethiopia reopens embassy in Eritrea

-- 2018-09-06 13:36:12

Ethiopian and Eritrean leaders reopened Ethiopia’s embassy in the Eritrean capital Asmara on Thursday, state affiliated Ethiopian Fana Broadcasting said. Reuters reported citing Fana Broadcasti...

Kim wants to denuclearise during Trump’s first term: Seoul

Kim wants to denuclearise during Trump’s first term: Seoul

-- 2018-09-06 11:14:39

North Korean leader Kim Jong Un said he wants to denuclearise the Korean peninsula during US President Donald Trump’s first term, as he agreed to hold a third summit with his South Korean counte...

Asian shares fall for sixth straight session

Asian shares fall for sixth straight session

-- 2018-09-06 11:03:12

Asian shares fell for a sixth straight session on Thursday as oil skidded and safe-haven gold gained, with investor confidence shaken by turmoil in emerging markets and jitters over a potentially seve...

Malaysia's July exports hit record high

Malaysia's July exports hit record high

-- 2018-09-05 20:19:52

Malaysia's exports grew 9.4 per cent in July from a year earlier on higher higher exports of electrical and electronic products, chemicals and chemical products as well as manufactures of metal. Expo...

Greece raises $942m in treasury bills auction

Greece raises $942m in treasury bills auction

-- 2018-09-05 18:45:19

Greece raised on Wednesday €812.5 million (942 million US dollars) in a 13-week treasury bills auction, the Public Debt Management Agency (PDMA) announced. The three-month treasury bills were...