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The Financial Express

Search results for: Global

Four go missing as Maersk vessel catches fire

Four go missing as Maersk vessel catches fire

-- 2018-03-07 11:06:15

The world’s biggest container shipper, Maersk Line said one of its container vessels caught fire in the Arabian sea and four crew members went missing while 23 others were evacuated safely. The...

China 'fully  confident' about fending off systemic debt risks

China 'fully confident' about fending off systemic debt risks

-- 2018-03-07 10:35:00

China is fully confident of its ability to fend off systemic debt risks, while it continues to strengthen control over local government debt, Finance Minister Xiao Jie said on Wednesday. China will r...

Turkey, Russia and Iran to hold summit on Syria crisis

Turkey, Russia and Iran to hold summit on Syria crisis

-- 2018-03-06 15:49:21

Turkey, Russia and Iran will hold a summit in April to discuss Syria and potential steps in the region, the spokesman for the Turkish foreign ministry said on Tuesday. Foreign Ministry Spokesman Hami...

Sri Lanka announces state of emergency following Buddhist-Muslim clash

Sri Lanka announces state of emergency following Buddhist-Muslim clash

-- 2018-03-06 15:19:03

Sri Lankan government has declared a state of emergency for 10 days to rein in the spread of communal violence, a government spokesman said on Tuesday. The emergency has been announced a day after Bu...

RBA holds interest rates

RBA holds interest rates

-- 2018-03-06 15:14:18

The Reserve Bank of Australia (RBA) has left interest rates at record lows, as expected, and sounded less confident that the country’s economy would grow at 3.0 per cent or more this year. Th...

Asian shares regain ground

Asian shares regain ground

-- 2018-03-06 14:20:54

Asian shares regained ground on Tuesday after US President Donald Trump faced growing pressure from political allies to pull back from proposed steel and aluminum tariffs, easing investor worries abou...

South Korean governor quits over rape allegation

South Korean governor quits over rape allegation

-- 2018-03-06 14:03:28

A South Korean provincial governor announced his resignation on early Tuesday, just hours after his secretary accused him of raping her. The woman who accused South Chungcheong Governor Ahn Hee-jung,...

Nikkei snaps four-day losing run

Nikkei snaps four-day losing run

-- 2018-03-06 13:22:39

Japan’s Nikkei share snapped a four-day losing run on Tuesday after Wall Street shares rallied overnight, with the dollar’s bounce lifting exporter shares. The Nikkei ended the day up...

Kim wants stronger inter-Korean ties

Kim wants stronger inter-Korean ties

-- 2018-03-06 13:20:46

North Korean leader Kim Jong Un met senior South Korean government officials for the first time and said it is his “firm will to vigorously advance” inter-Korean ties and pursue reunificat...

Sharp decline in global child marriage, says UNICEF

Sharp decline in global child marriage, says UNICEF

-- 2018-03-06 12:37:55

There has been a significant drop in the number of child marriages worldwide, the United Nations children's agency says. UNICEF estimates that 25 million child marriages have been prevented in the pa...

Philippine construction site collapse claims five lives

Philippine construction site collapse claims five lives

-- 2018-03-06 12:07:19

A four-storey bunkhouse collapsed in the central Philippine city of Cebu on early Tuesday, killing five workers and wounding 55 others, said disaster officials. Xinhua news agency reported citing the...

Ex-Trump aide Nunberg refuses to comply with Russian probe

Ex-Trump aide Nunberg refuses to comply with Russian probe

-- 2018-03-06 11:49:24

A former campaign aide to US President Donald Trump has said that he will not co-operate with Robert Mueller’s investigation into alleged Russian meddling in the 2016 US election. Sam Nunberg f...

Religious development group advocates for NY law to stop 'Vulture Funds'

Religious development group advocates for NY law to stop 'Vulture Funds'

FE Online Desk 2018-03-06 11:27:52

Albany, NY - Religious leaders, lawyers, academics and debt experts are meeting to discuss changing New York laws that govern debt contracts from Puerto Rico to Mozambique, said a statement issued by...

Italy polls: Five Star, League both claim right to govern

Italy polls: Five Star, League both claim right to govern

-- 2018-03-06 11:10:13

The leaders of two anti-establishment parties have each claimed they have the right to govern Italy, after voters in Europe's fourth-largest economy did not return a majority to any single party. The...

China sets 6.5pc GDP growth target for 2018

China sets 6.5pc GDP growth target for 2018

Ismail Hossain from Beijing 2018-03-06 10:43:54

China set its gross domestic product (GDP) growth target at 6.5 per cent on Monday for the year 2018, slower than 6.9 per cent achieved by the world's second largest economy last year. The fiscal def...

PNG quake toll rises as strong aftershocks rock highlands

PNG quake toll rises as strong aftershocks rock highlands

-- 2018-03-05 14:10:58

Strong aftershocks hit Papua New Guinea’s remote and rugged highlands on Monday, as the death toll climbed to 55 from a 7.5-magnitude earthquake a week ago, and is expected to rise further. Thr...

Water shortage hits UK after cold snap

Water shortage hits UK after cold snap

-- 2018-03-05 13:45:32

Thousands of homes across the UK have been hit by water supply shortage as a weather thaw has resulted in low pressure issues, and a number of burst water mains and leaks. The people living in London...

China increases defence spending by 8.1pc

China increases defence spending by 8.1pc

-- 2018-03-05 13:30:27

China has increased its defence budget by 8.1 per cent for 2018, largest rise in three years, fuelling the country’s ambitious military modernisation programme amid rising security concerns. Th...

Curfew in Kashmir after Indian soldiers kill civilians

Curfew in Kashmir after Indian soldiers kill civilians

-- 2018-03-05 13:03:45

A curfew has been imposed on parts of Indian-controlled Kashmir to contain protests after Indian troops killed three young civilians and a rebel. Indian army Colonel Rajesh Kalia says militants fired...

Old Bridge Capital now raising an additional $46m from Indian mkt

Old Bridge Capital now raising an additional $46m from Indian mkt

FE Online Desk 2018-03-05 12:53:16

Capital markets investor Old Bridge Capital is still bullish on the Indian markets amidst rising concerns on valuations and slowing domestic flows. The Mumbai-based asset management firm had launch...

Nikkei extends losses into fourth day

Nikkei extends losses into fourth day

-- 2018-03-05 12:19:50

Japan’s Nikkei share average extended losses into a fourth day as the investors concern over the global trade war after US President Donald Trump proposed tariffs on imported steel and alumini...

Processed meat responsible for SA listeria outbreak

Processed meat responsible for SA listeria outbreak

-- 2018-03-05 12:11:33

South Africans have been advised not to consume ready-to-eat processed meat after the government identified the source of a listeria outbreak that has killed 180 people as a cold meat product made by...

Asian shares falter to near three-week lows

Asian shares falter to near three-week lows

-- 2018-03-05 11:54:58

Asian shares stumbled to near three-week lows on Monday amid fears of a global trade war, while the euro was unsteady in currency markets due to worries that an anti-establishment coalition government...

Florida Senate backs arming teachers rejecting weapon ban

Florida Senate backs arming teachers rejecting weapon ban

-- 2018-03-05 11:16:10

The Florida Senate has rejected a proposal to ban assault weapons and moved forward with a voluntary plan to arm teachers in schools. The proposal came following the deadliest high school shooting in...

Security threat forces closure of US embassy in Turkey

Security threat forces closure of US embassy in Turkey

-- 2018-03-05 10:41:02

The US Embassy in Turkey will be closed on Monday due to an unspecified security threat. A statement posted on the embassy’s web page on Sunday urged US citizens to avoid the embassy in Ankara...

SPD agrees to grand coalition with Merkel

SPD agrees to grand coalition with Merkel

-- 2018-03-04 15:26:00

German Chancellor Angela Merkel is set to form her fourth government after the opposition Social Democrats voted in favour of another grand coalition. The vote by 464,000 rank-and-file members ends f...

German coalition: Merkel anticipating SPD’s support

German coalition: Merkel anticipating SPD’s support

-- 2018-03-04 14:00:05

Germany will learn on Sunday whether the Social Democrat (SPD) party’s 464,000 members have voted in favour of a coalition with Chancellor Angela Merkel’s conservatives, opening the way to...

Libya tribal fighting prompts displacement of 120 families

Libya tribal fighting prompts displacement of 120 families

-- 2018-03-04 13:01:25

The undergoing tribal fighting beginning from last week prompted displacement of up to 120 families in Libya's southern city of Sabha, the city government revealed on Saturday. The government of Sabh...

Gold bribes given in $2b bank fraud case, says CBI

Gold bribes given in $2b bank fraud case, says CBI

-- 2018-03-04 12:19:34

An official of India’s Punjab National Bank received gold and diamond jewellery from a billionaire jeweller accused of being involved in a $2 billion bank fraud, the federal police told a court...

HK, China stocks fall amid global trade wars

HK, China stocks fall amid global trade wars

-- 2018-03-04 11:46:50

Hong Kong stocks fell the most in three weeks on Friday, bringing the week’s loss to over 2 per cent, as concerns of a global trade war hit already shaky confidence due to prospects of a faster...