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The Financial Express

Search results for: Global

S Korea cuts economic growth outlook

S Korea cuts economic growth outlook

-- 2018-07-18 13:02:26

South Korea on Wednesday cut its economic growth to 2.9 per cent forecast from 3.0 per cent for the current year, citing a feeble labour market recovery and global trade tensions. In its bi-annual ec...

There’s ‘no time limit’ for N Korea to denuclearise: Trump

There’s ‘no time limit’ for N Korea to denuclearise: Trump

-- 2018-07-18 12:12:57

US President Donald Trump says there is "no time limit" for North Korea to denuclearise and that there is no need to rush the process. It marks a shift in tone from Trump who previously said nuclear...

Nikkei hits one-month high

Nikkei hits one-month high

-- 2018-07-18 11:39:23

Japan’s Nikkei share average soared to a more than one-month high on Wednesday morning as exporters got a boost after the dollar hit a six-month high against the yen. The Nikkei surged 1.0 per...

Asian markets climb higher

Asian markets climb higher

-- 2018-07-18 11:21:06

Asian share markets climbed higher on Wednesday as a sweep of positive news from Wall Street and beyond boosted confidence in the US economy. Japan's benchmark Nikkei 225 gained 1.0 per cent to 22,...

May wins parliament vote after bowing to Brexit pressure

May wins parliament vote after bowing to Brexit pressure

-- 2018-07-17 12:52:30

British Prime Minister Theresa May won a series of votes in parliament on Monday, keeping her over-arching strategy to leave the European Union just about on track after bowing to pressure from Brexit...

Tesla shares fall after CEO Musk abuses British caver

Tesla shares fall after CEO Musk abuses British caver

-- 2018-07-17 11:23:38

Shares of Tesla Inc fell over 3.5 per cent on Monday after Chief Executive Elon Musk directed abuse on Twitter at one of the British cavers involved in the rescue of 12 Thai children last week. A num...

Singapore's NODX grows 1.1pc in June

Singapore's NODX grows 1.1pc in June

-- 2018-07-17 11:22:20

Singapore's non-oil domestic exports (NODX) grew 1.1 percent year on year in June, Enterprise Singapore, a government agency that champions enterprise development, announced on Tuesday. The city st...

Flying volcanic lava strikes Hawaii tour boat, wounding 23

Flying volcanic lava strikes Hawaii tour boat, wounding 23

-- 2018-07-17 11:17:58

Flying lava has struck a tour boat in Hawaii, injuring 23 people, officials in the US state say. An explosion sent rocks and debris hurtling through the air and through the roof of the tourist vessel...

Heatwave kills 14 in Japan over long weekend

Heatwave kills 14 in Japan over long weekend

-- 2018-07-17 10:36:31

An intense heatwave killed at least 14 people over a three-day long weekend in Japan, media reported on Tuesday, and high temperatures hampered the recovery in flood-hit areas where more than 200 peop...

Asia stocks sag after oil slides

Asia stocks sag after oil slides

-- 2018-07-17 09:53:40

Asian stocks sagged on Tuesday, weighed by a sharp decline in crude oil prices as Libyan ports reopened, while the dollar steadied ahead of Federal Reserve Chairman Jerome Powell’s first congres...

Indian sugar stocks slip

Indian sugar stocks slip

-- 2018-07-16 15:59:59

Shares of Indian sugar producers slipped in afternoon trade on a report that govt may increase fair and remunerative price (FRP) for sugarcane by 20 rupees to 275 rupees per quintal FRP is the minimu...

Taliban kill seven Afghan cops in eastern province

Taliban kill seven Afghan cops in eastern province

-- 2018-07-16 15:49:36

The Taliban stormed a police checkpoint in Afghanistan’s eastern Nangarhar province and killed seven policemen, a provincial official said Monday. The attack took place the previous night in th...

China GDP growth slows to 6.7pc in Q2

China GDP growth slows to 6.7pc in Q2

-- 2018-07-16 13:43:25

China economy grew 6.7 per cent in second quarter year-on-year, its slowest pace since 2016, as Beijing’s efforts to contain debt hurt activity. The country’s June factory output growth w...

Thai cave rescue: Australian divers given diplomatic immunity

Thai cave rescue: Australian divers given diplomatic immunity

-- 2018-07-16 13:38:17

Thailand gave diplomatic immunity to three Australians who helped a boys’ soccer team escape from a flooded cave, in case “something went wrong”, its foreign minister said on Monday....

ZTE shares surge as US ban ends

ZTE shares surge as US ban ends

-- 2018-07-16 11:38:36

Shares of China’s ZTE Corp surged more than 12 per cent in Hong Kong on Monday after the United States lifted a ban on American companies selling parts to the telecommunications equipment maker...

SA copper mine fire kills five miners

SA copper mine fire kills five miners

-- 2018-07-16 11:32:59

Five miners died in a fire at a South African copper mine operated by unlisted Palabora Mining Company, the company said in a statement on Sunday. Safety is a huge issue in South Africa’s deep...

Italy allows 450 migrants to land in Sicily

Italy allows 450 migrants to land in Sicily

-- 2018-07-16 11:10:29

Italy will allow 450 migrants who were picked up from an overcrowded boat on Saturday to disembark in Sicily. The decision was taken after Italy said that France, Germany, Malta, Portugal and Spain h...

Asian shares fall as China data points to slowing growth

Asian shares fall as China data points to slowing growth

-- 2018-07-16 09:59:57

Asian shares were lower on Monday after data from China showed the world’s second-largest economy slowed slightly in the second quarter, and as investors remain cautious over the impact of the h...

Indian police arrest 25 over WhatsApp lynching

Indian police arrest 25 over WhatsApp lynching

-- 2018-07-15 14:54:58

Police in India have arrested more than two dozen men who were part of a mob that lynched a 32-year-old man after rumours spread over WhatsApp that he was a child-kidnapper, police said on Sunday. Th...

Tanzania's Magufuli orders strict conditions for prisoners

Tanzania's Magufuli orders strict conditions for prisoners

-- 2018-07-15 13:47:00

The president of Tanzania has called for prisoners to be made to work long hours, and to be punished if they are lazy. John Magufuli was speaking at the inauguration of a new prisons chief. Rights g...

May warns there could be ‘no Brexit at all’

May warns there could be ‘no Brexit at all’

-- 2018-07-15 12:21:21

British Prime Minister Theresa May has warned there may be “no Brexit at all” because of lawmakers’ attempts to undermine her plan to leave the European Union. “My message to...

Haiti’s PM steps down amid fuel price hike protests

Haiti’s PM steps down amid fuel price hike protests

-- 2018-07-15 11:02:15

Haitian Prime Minister Jack Guy Lafontant resigned on Saturday as he faced a non-confidence vote after a move to lower fuel subsidies prompted days of violent protests in the impoverished Caribbean na...

Copper heads for fifth weekly loss

Copper heads for fifth weekly loss

-- 2018-07-14 21:38:03

LONDON, July 14 (Reuters): Copper headed for a fifth weekly loss on Friday as trade tensions between the United States (US) and China rumbled on, while aluminium hit a three-month low ahead of a summi...

Oil rises but declines for the week as supply concerns ease

Oil rises but declines for the week as supply concerns ease

-- 2018-07-14 21:36:32

NEW YORK, July 14 (Reuters): Oil prices rose about 1.0 per cent on Friday as strike actions in Norway and Iraq hit supplies, but futures were set for a second straight week of decline after Libyan por...

Explosive hurled at former Irish leader Gerry Adams’ house

Explosive hurled at former Irish leader Gerry Adams’ house

-- 2018-07-14 13:38:48

An explosive device was thrown at the home of former Sinn Fein leader Gerry Adams in Northern Ireland overnight, the Irish nationalist party said on Saturday, in an attack it blamed on “increasi...

Trump-Putin summit is on despite indictments, says White House

Trump-Putin summit is on despite indictments, says White House

-- 2018-07-14 13:10:20

A summit between US President Donald Trump and Russian leader Vladimir Putin will go ahead as planned despite tension over Moscow’s alleged election meddling, the White House says. The pair wil...

World stocks flat on mixed earnings

World stocks flat on mixed earnings

-- 2018-07-14 12:25:41

World stocks markets were nearly flat on Friday, while the safe-haven US dollar touched to a two-week high after data showed a record Chinese trade surplus. US stocks were little changed on mixed b...

Wall St end higher amid corporate earnings

Wall St end higher amid corporate earnings

-- 2018-07-14 12:22:11

US stocks closed higher on Friday as investors digested a slew of quarterly corporate earnings reports. The Dow Jones Industrial Average rose 94.52 points, or 0.38 per cent, to 25,019.41. The S&amp...

India's trade deficit widens to $16.6b in May

India's trade deficit widens to $16.6b in May

-- 2018-07-14 12:20:51

India's trade deficit widened to more than five years of $16.6 billion in June, the trade ministry said on Friday, driven largely by a surge in oil prices and a weaker rupee. The trade deficit widene...

Thai cave boys to leave hospital Thursday

Thai cave boys to leave hospital Thursday

-- 2018-07-14 12:10:14

Twelve Thai boys and their soccer coach rescued from a flooded cave in Thailand are recovering well from their ordeal and will be discharged from hospital next week, health minister Piyasakol Sakolsat...