Search results for: Global

'Pompeo's trip cancellation impacts inter-Korean liaison office plans'

-- 2018-08-27 12:24:47

South Korea said on Monday the abrupt cancellation of United States Secretary of State Mike Pompeo’s trip to North Korea is having an “effect” on a controversial inter-Korean liaison...

China stocks rise to two-week high

-- 2018-08-27 12:19:12

China stocks reached their highest levels in two weeks on Monday, buoyed by a stronger yuan after the central bank moved to keep the currency market stable. The Shanghai Composite index rose 1.7 per...

Asian shares rise after record highs on Wall Street

-- 2018-08-27 09:35:07

Asian shares rose early on Monday, taking support from Wall Street’s gains on Friday after US Federal Reserve Chairman Jerome Powell said a gradual approach to raising rates was best to protect...

China's automobile imports surge after tariff cut

-- 2018-08-26 16:14:39

China's automobile and chassis imports witnessed strong growth in July thanks to government moves to lower tariffs for autos and auto parts. The value of vehicle and chassis imports rose 66.1 per c...

Gulf markets rise in quiet trading

-- 2018-08-26 15:48:04

Gulf stock markets rose in quiet trading on Sunday, led by broad-based gains in Saudi Arabia, as they reopened after a one-week break for the Muslim festival of Eid Al Adha. During that week, the M...

China's consumer confidence remains high in Q2

-- 2018-08-25 14:55:40

China's consumer confidence remained high in the second quarter (Q2) of the year, according to a research report by global measurement and data analytics company Nielsen. The country's Consumer Confi...

Global markets rise after Powell speech

-- 2018-08-25 12:40:40

Global equity markets rose on Friday after Federal Reserve Chairman Jerome Powell expressed no surprises in a key speech outlining a steady course for monetary policy. Oil prices surged on signs Iran...

US stocks: S&P 500, Nasdaq hit all-time highs

-- 2018-08-25 11:58:49

Wall Street rallied on Friday, with the S&P 500 and the Nasdaq hitting all-time highs, as Federal Reserve Chairman Jerome Powell affirmed the US central bank’s current pace of rate hikes....

Global trade growth to slow down: WTO

FE Online Report 2018-08-24 12:21:01

Global trade expansion is likely to slow down in the third quarter (Q3) of the current year, according to the World Trade Outlook Indicator (WTOI) of the WTO. Released in the second week of this mont...

Asia slips after US-China trade talks end without progress

-- 2018-08-24 11:24:36

Asian stocks fell on Friday after US-China trade talks ended without progress, with the markets braced for a speech by Federal Reserve Chairman Jerome Powell for hints on the direction of US monetary...

Europe to ban halogen lightbulbs from Sept 1

-- 2018-08-23 20:27:31

Halogen lightbulbs will be banned across Europe from Sept 1.  After a 60 year run Halogen lightbulbs will be replaced by more energy efficient LEDs. The ban will be put into place across Europe...

As central bankers meet, economic uncertainties weigh on sunny outlook

-- 2018-08-23 19:55:41

Global central bankers are navigating a new set of threats as they decide how aggressively to act in closing out an era of exceptionally easy money, reports WSJ Uncertainties include the prospect of...

Plans to list Aramco still a go, Saudi minister says

-- 2018-08-23 19:47:53

Denying news reports, Saudi Arabia said on Thursday it "remains committed" to an initial public offering of state-run oil behemoth Saudi Aramco, despite delays and growing speculation it may never be...

US-China tariffs, Trump woes weigh on world stocks

-- 2018-08-23 18:06:07

LONDON (Reuters): World stocks came under pressure on Thursday as new tariffs took effect in the US/China trade war and markets speculated about US President Donald Trump’s position following le...

Mexico, US 'close' to resolving bilateral NAFTA issues

-- 2018-08-23 13:38:04

Mexico and the United States are close to resolving remaining bilateral issues in the revamp of the NAFTA trade deal, officials said, but hopes of squaring away differences on Wednesday were booted to...

Nikkei edges up as weak yen helps mood

-- 2018-08-23 13:04:53

Japan’s Nikkei edged up on Thursday after a weak yen supported overall sentiment, but a profit warning by Germany’s Continental dragged down auto stocks and tire makers, reports Reuters....

India's RCom sells $285m worth assets to Reliance Jio

-- 2018-08-23 12:51:01

 India's Reliance Communications Limited said on Thursday it completed the sale of its media convergence nodes (MCNs) and related infrastructure assets worth 20 billion rupees ($285.4 million) to...

Nepal to hold talks with China on energy cooperation

-- 2018-08-22 19:26:31

The Nepal government has formed a seven-member committee to hold talks with China to implement an agreement on energy cooperation, a senior official said, according to a report by India based The Fi...

Kerala floods impact a fifth of India’s coffee production

-- 2018-08-22 18:35:38

Kerala is the second largest coffee producing state in India, contributing to over a fifth of the country’s total production and employing over 44,000 people, according to a report by LiveMint....

US, China to resume trade talks in Washington amid low expectations

-- 2018-08-22 16:38:54

US and Chinese officials are set to resume contentious trade talks on Wednesday under the cloud of a prediction by US President Donald Trump that there would be no real progress, reports Reuters. The...

Kuwait, Iraq to study developing shared oilfields: Oil minister

-- 2018-08-22 16:08:18

Kuwait and Iraq will appoint consultants soon to study the development of shared oilfields, Kuwaiti Oil Minister Bakhit al-Rashidi said on Wednesday, according to Reuters. Production from cross-borde...

Wall St. set for higher open on trade, earnings optimism

-- 2018-08-21 19:33:25

US stock index futures rose on Tuesday, helped by some encouraging earnings reports and hopes that planned trade talks between the United States and China will help resolve the dispute between the wor...

Japan, China seek to restart FX swap line in sign of warming ties

-- 2018-08-21 17:59:28

Japan and China are in talks to resume a currency swap arrangement between their central banks worth about 3.0 trillion yen (£21.3 billion), Kyodo News agency reported on Tuesday, according to R...

Business community hopeful Imran can pull Pakistan out of economic mire

-- 2018-08-21 17:17:45

Business community on Monday appreciated Prime Minister Imran Khan’s maiden speech to the nation and reposed full confidence in his leadership abilities to pull the country out of multiple cha...

Greek PM heads to Odysseus’ home at end of bailout journey

-- 2018-08-21 16:46:16

 Prime Minister (PM) Alexis Tsipras headed to the Greek island of Ithaca on Tuesday in a gesture laden with classical symbolism as the country emerges from nine years of crisis and international...

China’s Tianqi Lithium Corp to raise up to $1.0b in HK mkt

FE Online Desk 2018-08-21 14:23:46

China’s Tianqi Lithium Corp is looking to raise up to $1.0 billion in its Hong Kong stock market flotation, despite this year’s fall in lithium prices, two people close to the deal told Re...

Shots fired at US embassy in Turkey, no casualties

-- 2018-08-20 14:55:55

Several gunshots were fired early Monday morning from a vehicle at the US Embassy in the Turkish capital, Ankara, causing no casualties, police and the embassy spokesperson said. The attack coincided...

Islamist militant attack kills 19 in Nigeria

-- 2018-08-20 13:05:12

At least 19 people were killed in an Islamist militant attack on a village in northeast Nigeria in the early hours of Sunday, a survivor of the attack said. The strike is the latest blow to Nigeria&r...

Greece exits final bailout successfully: ESM

-- 2018-08-20 12:39:55

Greece has successfully exited its final, three-year bailout programme, agreed in August 2015 to help it cope with the continued fallout from a debt crisis, the euro zone's ESM rescue fund said on Mon...

Asia shares inch up with yuan

-- 2018-08-20 11:02:07

Asian share markets crept cautiously higher on Monday as investors awaited developments on proposed Sino-US trade talks and the Chinese yuan rallied away from dangerous lows. MSCI’s broadest in...