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The Financial Express

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Thai boat capsize: Rescuers recover three more bodies

Thai boat capsize: Rescuers recover three more bodies

-- 2018-07-10 11:42:35

Thai rescue workers pulled three more bodies from the Andaman Sea, officials said on Tuesday, as the grim task of identifying more than 40 dead gets underway following a boat accident off the coast of...

Judge rejects Trump request for long detentions of immigrant children

Judge rejects Trump request for long detentions of immigrant children

-- 2018-07-10 10:57:34

A US federal judge rejected the Trump administration’s request to allow long-term detention of illegal immigrant children, a legal setback for President Donald Trump’s push to detain immig...

Asia shares rally for a third day

Asia shares rally for a third day

-- 2018-07-10 10:09:39

Asian shares rallied for a third session on Tuesday as hopes for upbeat corporate earnings buoyed Wall Street, while several high-profile resignations from Britain’s government kept sterling on...

May appoints Dominic Raab as new Brexit minister

May appoints Dominic Raab as new Brexit minister

-- 2018-07-09 16:04:23

British Prime Minister Theresa May appointed Dominic Raab as the new Brexit Secretary on Monday after his predecessor quit in protest at the government’s plans for a close trading relationship w...

SA releases ex-president Zuma’s son on bail

SA releases ex-president Zuma’s son on bail

-- 2018-07-09 14:27:31

Duduzane Zuma, the son of former South African president Jacob Zuma, was released on bail after appearing in court in leg-irons on Monday on charges of corruption, the biggest scalp so far in an attem...

SA charges Zuma’s son with corruption

SA charges Zuma’s son with corruption

-- 2018-07-09 13:10:49

Duduzane Zuma, the son of scandal-plagued former South African president Jacob Zuma, has been charged with corruption, his lawyer said on Monday. Duduzane Zuma, who returned to South Africa last week...

SE Asian shares rise despite trade war

SE Asian shares rise despite trade war

-- 2018-07-09 12:58:54

Southeast Asian stock markets were mostly higher on Monday, after a weekend of relative quiet over the escalating trade stand-off between the US and China. Singapore shares bounced back from a 14-m...

Asia shares rally on US jobs relief

Asia shares rally on US jobs relief

-- 2018-07-09 11:30:15

Asian share markets rallied on Monday as favourable US jobs data whetted risk appetites, while sterling slipped after two members of the British government resigned over Brexit and put the future of P...

Turkey train derailment kills 24

Turkey train derailment kills 24

-- 2018-07-09 11:08:15

Twenty-four people have been killed after a train derailed in north-western Turkey, Deputy Prime Minister Recep Akdag says. The train was en route to Istanbul from the town of Kapikule on the Bulgari...

China June FX reserves unexpectedly  rise amid trade war fears

China June FX reserves unexpectedly rise amid trade war fears

-- 2018-07-09 10:54:17

China’s foreign exchange reserves unexpectedly rose in June, driven by changes in the value of its holdings and even as concerns of a full-blown trade war between Beijing and the Washington ratt...

Mission begins to rescue Thai cave boys

Mission begins to rescue Thai cave boys

-- 2018-07-08 13:32:26

A dangerous mission to rescue 12 Thai schoolboys and their soccer coach trapped inside a flooded cave for more than two weeks began on Sunday and authorities said the first survivor may emerge around...

Turkey dismisses over 18,000 civil servants

Turkey dismisses over 18,000 civil servants

-- 2018-07-08 12:19:36

Turkey issued a decree on Sunday dismissing more than 18,000 civil servants, half of which were from the police force, ahead of this month’s expected lifting of a two-year-old state of emergency...

Oil stays mixed as investors short-cover, Saudi Arabia boosts production

Oil stays mixed as investors short-cover, Saudi Arabia boosts production

-- 2018-07-07 21:13:16

NEW YORK, Jul 07 (Reuters): Oil was mixed on Friday, with short-covering pushing up US crude futures while Brent slipped on global trade tensions and increased Saudi production.West Texas Intermediate...

India’s Forex reserves up by $24.34b in H2 FY18

India’s Forex reserves up by $24.34b in H2 FY18

-- 2018-07-07 15:58:47

India's foreign exchange reserves increased by $24.34 billion to $424.55 billion as of end March 2018 from $400.21 billion as of end September 2017, Reserve Bank of India (RBI) said. During Septe...

Two explosions hit Somalia’s interior ministry

Two explosions hit Somalia’s interior ministry

-- 2018-07-07 15:53:59

Two explosions occurred near Somalia’s interior ministry and security forces were battling gunmen inside, police said Saturday, as the al-Shabab extremist group claimed responsibility for the on...

Death toll in Thai boat capsize reaches 33; 23 still missing

Death toll in Thai boat capsize reaches 33; 23 still missing

-- 2018-07-07 12:57:54

Despite fading hopes, rescuers in Thailand resumed a search on Saturday for 23 survivors after a boat carrying Chinese tourists sank off the island of Phuket in rough weather, while authorities began...

Global stocks edge up amid trade war fears

Global stocks edge up amid trade war fears

-- 2018-07-07 12:53:07

Global stock markets rose and the euro climbed to a three-week peak on Friday as the threat of tariffs by the US and China became a reality. MSCI’s measure of world equities markets rose nearly...

S Sudan govt, rebels reach deal on security arrangements

S Sudan govt, rebels reach deal on security arrangements

-- 2018-07-07 11:47:22

South Sudan’s government and rebels have reached a deal on security arrangements during talks in Khartoum, Sudanese state news agency SUNA reported, as part of efforts to end nearly five years o...

US jobs growth lifts Wall Street, offsetting tariffs

US jobs growth lifts Wall Street, offsetting tariffs

-- 2018-07-07 11:21:21

US stocks climbed on Friday, with the S&P 500 and the Nasdaq hitting their highest levels in two weeks, as strong US jobs growth blunted the impact of an escalating US-China trade dispute. Nonfar...

Mexico’s new govt to cut VAT in region bordering US

Mexico’s new govt to cut VAT in region bordering US

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

Mexico’s next government will press ahead with president-elect Andres Manuel Lopez Obrador’s plan to cut the value added tax (VAT) rate in a strip along the US border, probably to 8 per ce...

Japan heavy rain claims 11 lives; 45 missing

Japan heavy rain claims 11 lives; 45 missing

-- 2018-07-07 10:38:21

At least 45 people are missing as torrential rains that have killed 11 people pounded western and central Japan, public broadcaster NHK said on Saturday, with more than 1.6 million people evacuated fr...

FDI in LatAm drops for third straight year

FDI in LatAm drops for third straight year

-- 2018-07-06 13:59:42

The foreign direct investment (FDI) in Latin America overall dropped in 2017 for the third straight year despite the stronger global growth, according to a United Nations agency in Mexico city on Thur...

Asian stocks shaky as Sino-US trade war begins

Asian stocks shaky as Sino-US trade war begins

-- 2018-07-06 11:59:29

Asian stocks wobbled on Friday, as Washington slapped tariffs on Chinese imports, a move many investors fear could be the start of a full-scale trade war between the world’s two largest economie...

China shares fall after Wall St gains

China shares fall after Wall St gains

-- 2018-07-06 11:58:23

Chinese shares fell on Friday and the yuan was also off against the dollar after US stocks ended higher on Thursday amid the trade row between the two superpowers. The United States imposed tariffs o...

Asian shares edge down as trade war begins

Asian shares edge down as trade war begins

-- 2018-07-06 11:52:28

Asian shares edge down Friday as investors braced for the implementation of US tariffs on Chinese imports at midnight Washington time, and likely similar measures by Beijing on US exports. Upbeat e...

Germany to grow 2.2 pc in 2018, IMF forecasts

Germany to grow 2.2 pc in 2018, IMF forecasts

-- 2018-07-05 16:12:14

The International Monetary Fund (IMF) has cut its 2018 forecast for German GDP growth to 2.2 per cent, saying the rising protectionism and the threat of a hard Brexit had exposed the economy to sign...

India mass deaths: CCTV footage supports suicide theory

India mass deaths: CCTV footage supports suicide theory

-- 2018-07-05 15:57:58

India police investigating the deaths of 11 family members found dead in their home in the capital Delhi say they have recovered CCTV footage which supports a theory of mass suicide. The footage show...

UK sets out some details of new Brexit customs plan

UK sets out some details of new Brexit customs plan

-- 2018-07-05 13:44:22

Downing Street has set out some of the detail of how customs could be handled after Brexit. No 10 says its new plan - dubbed the "facilitated customs arrangement" - offers "the best of both worlds"....

China shares slip ahead of tariff deadline

China shares slip ahead of tariff deadline

-- 2018-07-05 12:56:52

China shares slipped on Thursday ahead of a deadline when tariffs from the US and China are due to be implemented, yuan gave back some of its recent gains against the dollar. Markets are on edge ah...

Ethiopia sacks senior prison officials over human rights violation

Ethiopia sacks senior prison officials over human rights violation

-- 2018-07-05 12:03:16

Ethiopia has fired senior prison officials hours before the release of a Human Rights Watch report detailing torture and other abuses in one notorious prison and urging the government to hold official...