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The Financial Express

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ADB’s new strategy eyes resilient, inclusive Asia-Pacific

ADB’s new strategy eyes resilient, inclusive Asia-Pacific

SM Jahangir from Manila, Philippines 2018-05-05 16:54:27

The Asian Development Bank (ADB) will pursue a new ‘Strategy 2030’ aiming to attain a resilient, inclusive, prosperous and sustainable Asia and the Pacific. Tackling poverty and rising in...

Ex-UK MP sues Met Police over false child abuse claims

Ex-UK MP sues Met Police over false child abuse claims

-- 2018-05-05 13:20:32

A former British Conservative Member of Parliament is claiming £1million in damages from the Metropolitan Police after being falsely accused of child sexual abuse and murder. Harvey Proctor is...

S&P Global Ratings lowers  its issuer credit rating on PT MNC Investama

S&P Global Ratings lowers its issuer credit rating on PT MNC Investama

FE Online Desk 2018-05-05 13:05:41

  SINGAPORE (S&P Global Ratings) May 4--S&P Global Ratings today lowered its issuer credit rating on PT MNC Investama Tbk. to 'D' from 'CC'. "At the same time, we lowered our issue r...

US troops ‘helping’ Saudis fight Yemen rebels

US troops ‘helping’ Saudis fight Yemen rebels

Al Jazeera 2018-05-05 12:32:12

The US deployed a team of Special Forces soldiers to Saudi Arabia’s border with Yemen to help locate and destroy caches of ballistic missiles used by Houthi rebels to attack the Saudi capital, R...

US unemployment rate falls in April

US unemployment rate falls in April

-- 2018-05-05 11:48:32

US unemployment rate fell to 3.9 per cent in April, less than expected, after flatling at 4.1 per cent for six straight months, but job growth edged up in the previous month, official data showed. It...

Global stocks climb after US payrolls

Global stocks climb after US payrolls

-- 2018-05-05 11:15:16

World stock indexes climbed and US Treasury yields were near unchanged on Friday after weaker-than-expected US wage growth helped to calm the investor fears. Gains in shares of Apple helped US stocks...

US stocks jump as inflation fears ebb

US stocks jump as inflation fears ebb

-- 2018-05-05 11:05:55

US stock indexes rose more than 1.0 per cent on Friday after weaker-than-expected US wage growth helped to calm investor fears about rising interest rates and inflation. However, the S&P 500 an...

Mnangagwa calls for party unity to ensure ‘thunderous’ win

Mnangagwa calls for party unity to ensure ‘thunderous’ win

-- 2018-05-05 11:05:17

Zimbabwe President Emmerson Mnangagwa urged his party to unite after disputed internal polls, saying this will ensure a ‘thunderous’ win in elections set for July, which would allow a ZANU...

Trump ends temporary protections for Hondurans

Trump ends temporary protections for Hondurans

-- 2018-05-05 10:19:43

The Trump administration has announced the end of temporary protections for thousands of Honduran immigrants. Up to 57,000 people could be forced to leave the US by 5 January 2020, when their tempora...

US jobs growth less than expected, nevertheless unemployment dips

US jobs growth less than expected, nevertheless unemployment dips

-- 2018-05-04 19:04:13

US jobs growth was slower than expected in April, as employers added 164,000 positions. The unemployment rate nevertheless fell to 3.9 per cent, the first time it has dipped below 4 per cent since 20...

NIESR cuts growth forecast after weak Q1

NIESR cuts growth forecast after weak Q1

-- 2018-05-04 15:16:12

The National Institute of Economic and Social Research (NIESR) has cut its 2018 growth forecast for Britain to 1.4 per cent from previous forecast as the economy grew slower in the first quarter (Q1...

SE Asian shares weaker in cautious trade

SE Asian shares weaker in cautious trade

-- 2018-05-04 12:53:10

Southeast Asian stocks were mostly lower on Friday, as investors turned cautious ahead of the release of US payrolls data later in the day. The US jobs report for April will likely underscore labou...

Asia stocks fall, yen firm as markets await US payrolls

Asia stocks fall, yen firm as markets await US payrolls

-- 2018-05-04 09:56:40

Asian shares stepped back while the Japanese yen held onto overnight gains in early trading on Friday as financial markets turned their attention to the looming US payrolls data for fresh catalysts....

Women entrepreneurship key to achieving more gender equal Asia-Pacific: ADB

Women entrepreneurship key to achieving more gender equal Asia-Pacific: ADB

-- 2018-05-03 18:39:01

Despite the progress made over the last two decades in empowering women in Asia and the Pacific, there remain huge gender gaps, particularly in the economic and political spheres, said speakers at a s...

ADB to team with private sector to help achieve SDGs

ADB to team with private sector to help achieve SDGs

-- 2018-05-03 18:05:46

Asian Development Bank (ADB) is firmly committed to partnering with the private sector to help achieve the Paris Agreement on climate change and the Sustainable Development Goals (SDG). ADB has also...

Gunmen kidnap German nurse in Somalia

Gunmen kidnap German nurse in Somalia

-- 2018-05-03 15:58:00

A German nurse working for the International Committee of the Red Cross (ICRC) was kidnapped in Somalia’s capital Mogadishu, the aid group said. She was seized by unknown armed men from inside...

Two pilots die after Russian war plane crashes in Syria

Two pilots die after Russian war plane crashes in Syria

-- 2018-05-03 15:20:14

An advanced Russian multi-role fighter plane crashed in Syria on Thursday morning shortly after take-off, killing both members of its crew, the Russian military was cited as saying by Russian news age...

Xiaomi files for $10b Hong Kong IPO

Xiaomi files for $10b Hong Kong IPO

-- 2018-05-03 14:05:14

Chinese smartphone maker Xiaomi has filed to list on Hong Kong stock market, in a move that is expected to raise up to $10 billion. The stock market flotation will be the world's biggest debut in 201...

Dust storms kill nearly 100 in India

Dust storms kill nearly 100 in India

-- 2018-05-03 14:00:54

At least 95 people have died and scores more injured in fierce dust storms that hit the northern Indian states of Rajasthan and Uttar Pradesh. The storms on Wednesday disrupted electricity, uprooted...

Italy's employment rate hits 10-year high

Italy's employment rate hits 10-year high

-- 2018-05-03 13:30:44

The employment rate in Italy was 58.3 per cent in March, the highest level since 2008, the National Institute of Statistics (ISTAT) said on Wednesday. It grew by 0.2 percentage point against the pre...

London bonfire explosion leaves 10 injured

London bonfire explosion leaves 10 injured

-- 2018-05-03 11:27:27

Ten people have suffered minor injuries after a bonfire exploded at a Jewish festival in London, police say. Hatzola, a volunteer emergency medical service, said it provided a ‘mega response te...

IS militants storm Libya election commission, killing 12

IS militants storm Libya election commission, killing 12

-- 2018-05-03 11:23:14

Suicide bombers stormed the head offices of Libya’s electoral commission in Tripoli, killing at least 12 people and setting fire to the building. The attack was claimed by the Islamic State mil...

SE Asian stocks fall ahead of China-US trade talks

SE Asian stocks fall ahead of China-US trade talks

-- 2018-05-03 10:48:51

Southeast Asian stock markets slipped on Thursday as investor risk appetite diminished ahead of the much awaited China-US trade talks which are scheduled to begin later in the day. A US delegation...

US military plane crash claims nine lives

US military plane crash claims nine lives

-- 2018-05-03 10:45:47

Nine people are feared dead after a military cargo plane crashed in the US state of Georgia, officials say. They were aboard the C-130 plane when it came down beside a highway intersection near the l...

Asian shares dip as markets mull Fed

Asian shares dip as markets mull Fed

-- 2018-05-03 10:34:16

Asian shares were mostly lower Thursday as investors analyzed the Fed's decision to stand pat on interest rates. The focus was turning to talks beginning Thursday between US and Chinese officials in...

European shares climb at opening

European shares climb at opening

-- 2018-05-02 16:22:36

European shares climbed at the opening session on Wednesday, boosted by some strong earnings updates and a rising tech sector after results from Apple exceeded weak expectations. The markets rose as...

India SC voices concern over Taj Mahal colour change

India SC voices concern over Taj Mahal colour change

-- 2018-05-02 16:12:07

India’s Supreme Court has instructed the government to seek foreign help to fix what it described as a worrying change in colour at the Taj Mahal. “Even if you have the expertise, you are...

Euro zone manufacturing slows in April

Euro zone manufacturing slows in April

-- 2018-05-02 16:05:41

Euro zone factory growth slowed further last month from record highs at the turn of the year, but expansion remained strong as customers largely shrugged off rising prices, a survey showed on Wednesda...

5.2 quake jolts Iran

5.2 quake jolts Iran

-- 2018-05-02 13:54:58

An earthquake measuring 5.2 on the Richter scale shook Sisakht city in Iran’s western Kohgiluye va Boyerahmad province at 10:38 local time (0608 GMT) on Wednesday. The epicentre, with a depth o...

Duterte’s order on ‘contractualisation’ upsets Filipino workers

Duterte’s order on ‘contractualisation’ upsets Filipino workers

-- 2018-05-02 13:04:11

Philippine labour groups expressed disappointment on Wednesday over a long-awaited executive order by President Rodrigo Duterte to crack down on short-term hiring, saying it offered nothing new and le...