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The Financial Express

Search results for: Global

Facebook faces challenge over future US election meddling

Facebook faces challenge over future US election meddling

-- 2018-02-17 11:09:22

The Russian influence operation designed to tamper with the 2016 US presidential election used a combination of old-school espionage tactics and 21st-century technologies that will not be easy to stop...

Ethiopia announces state of emergency

Ethiopia announces state of emergency

-- 2018-02-17 10:39:52

Ethiopia declared a state of emergency just a day after Prime Minister Hailemariam Desalegn announced his intention to step down amid a political turmoil in the Horn of Africa country. The ruling EPR...

China waste facility fire takes nine lives

China waste facility fire takes nine lives

-- 2018-02-17 10:23:03

Nine people have been killed after a fierce fire broke out at a waste processing facility in southern China’s Qingyuan city in the early hours of Saturday morning. A Xinhua news agency report s...

Strong Mexico quake causes power cuts; two dead in crash

Strong Mexico quake causes power cuts; two dead in crash

-- 2018-02-17 10:12:52

A powerful 7.2 magnitude earthquake that rattled Mexico on Friday, left nearly a million homes and businesses without power in the capital and south but the only reported deaths came when a military c...

US says no to china bid for Chicago Stock Exchange

US says no to china bid for Chicago Stock Exchange

-- 2018-02-16 18:46:20

The US has rejected a proposed merger between the Chicago Stock Exchange and a Chinese-linked investor group. The decision comes after more than two years of reviews by officials. The tie-up was ini...

Hackers steal $6m from Russian banks

Hackers steal $6m from Russian banks

-- 2018-02-16 14:26:43

Hackers stole $ 6.0 million (339.5 million rubles) in an attack on the SWIFT international payments messaging system in Russia last year, the Russian central bank said on Friday. The disclosure, buri...

Japan reappoints Kuroda as BOJ chief

Japan reappoints Kuroda as BOJ chief

-- 2018-02-16 13:53:55

Japan has reappointed central bank chief Haruhiko Kuroda for another term, amid heightened anxiety in Japanese and global financial markets. The government on Friday nominated Kuroda, a 73-year-old...

Colombian GDP grows 1.8pc in 2017

Colombian GDP grows 1.8pc in 2017

-- 2018-02-16 13:34:41

Colombia’s gross domestic product rose 1.8 per cent in 2017, the lowest in eight years, the government’s DANE statistics agency said. The Latin America’s fourth largest economy ex...

Asian shares rise in thin trading

Asian shares rise in thin trading

-- 2018-02-16 12:51:28

Japan and Australia shares were higher in thin trading on Friday, while all other Asian markets closed Friday for the lunar new year holiday. Tokyo’s Nikkei 225 index climbed 1.1 per cent to...

US rejects China bid for Chicago Stock Exchange

US rejects China bid for Chicago Stock Exchange

-- 2018-02-16 12:01:38

The Unites States has rejected a proposed merger between the Chicago Stock Exchange and a Chinese-linked investor group. The decision comes after more than two years of reviews by officials. The tie...

How India's biggest bank fraud happened

How India's biggest bank fraud happened

-- 2018-02-16 11:49:06

India's Punjab National Bank, the second-biggest state-run lender, stunned the country's financial sector when it announced this week it had discovered fraudulent transactions worth $1.77 billion at a...

Europe’s 2017 sees best economic growth in a decade

Europe’s 2017 sees best economic growth in a decade

-- 2018-02-15 21:24:25

The European economy, in the strongest expansion in a decade, registered 2.5 per cent gross domestic product growth in 2017, the Eurostat agency said on Wednesday.  That's the growth rate for bot...

RBI to provide more cash into banks

RBI to provide more cash into banks

-- 2018-02-15 21:12:34

The Reserve Bank of India (RBI) has decided to provide additional cash to banks if needed ahead of March-end to give flexibility to lenders to manage their liquidity mismatches. The RBI said on Tue...

BI holds rates amid currency volatility

BI holds rates amid currency volatility

-- 2018-02-15 20:19:43

Bank Indonesia (BI) has kept its policy rate unchanged on Thursday as expected, as it looks to maintain stability in the struggling rupiah currency following an unexpected spike in global volatility....

BSP cuts bank reserve ratio

BSP cuts bank reserve ratio

-- 2018-02-15 19:51:00

The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, has announced Thursday a  1 percentage-point cut on banks’ reserve requirement ratio (RRR). The central bank red...

Gulf markets mostly slow, Saudi rises

Gulf markets mostly slow, Saudi rises

-- 2018-02-15 18:38:14

Most of the Gulf markets were sluggish on Thursday because of mediocre corporate earnings, but Saudi Arabia’s stock market rose, encouraged by strong global bourses. The Saudi index gained 0.7...

European shares edge up

European shares edge up

-- 2018-02-15 18:26:30

European stocks edged up on Thursday, Airbus shines after investors brushed off a spike in US inflation, turning their focus back to company earnings from heavy hitters including the aerospace firm....

UK accuses Russia of ‘NotPetya’ cyber attack

UK accuses Russia of ‘NotPetya’ cyber attack

-- 2018-02-15 14:30:39

Britain blamed Russia for ‘NotPetya’ cyber-attack last year, publicly pointing the finger at Moscow for spreading a virus which disrupted companies across Europe including UK-based Reckitt...

Nepalese PM Deuba steps down

Nepalese PM Deuba steps down

-- 2018-02-15 13:53:48

Nepal's prime minister Sher Bahadur Deuba  has resigned Thursday after his party lost parliamentary elections, paving the way for a new government. He made the announcement a day after the resul...

‘Postpartum depression can impact kids’ behaviour’

‘Postpartum depression can impact kids’ behaviour’

-- 2018-02-15 12:44:48

Women whose postpartum depression lasts for several months are at heightened risk of having depression that lingers for years among mothers, a study suggests. It may affect their children, showing up...

Iraq may get $30b for reconstruction

Iraq may get $30b for reconstruction

-- 2018-02-15 12:34:52

Total contributions by countries participating in Kuwait International Conference on Reconstruction of Iraq (KICRI) reached 30 billion US dollars, Kuwait Deputy Prime Minister and Foreign Minister She...

Afghan Taliban offer peace talks

Afghan Taliban offer peace talks

-- 2018-02-15 12:10:59

The Taliban said, in a rare statement to the American people that they want to end Afghanistan’s 17-year war through talks, while warning the message should not be seen as a sign of weakness and...

YouTube, Instagram face ban in Russia

YouTube, Instagram face ban in Russia

-- 2018-02-15 11:41:17

YouTube and Instagram face being blocked by Russian internet service providers as a result of a standoff between one of the country's richest businessmen and an opposition leader. Russia's internet c...

Zimbabwe rival leader Tsvangirai dies at 65

Zimbabwe rival leader Tsvangirai dies at 65

-- 2018-02-15 11:18:10

Zimbabwe's main opposition leader Morgan Tsvangirai has died at the age of 65 in South Africa, a senior official in his MDC party has said. A former prime minister, Tsvangirai had reportedly been suf...

For India’s banks, more bad loan woes likely on the way

For India’s banks, more bad loan woes likely on the way

-- 2018-02-15 11:14:47

Just when many Indian banks thought the worst of their bad debt woes were behind them, new central bank rules are stoking fears that the worst of the soured-loans buildup is yet to come. The central...

Abe, Trump agree to keep up pressure on N Korea

Abe, Trump agree to keep up pressure on N Korea

-- 2018-02-15 11:03:48

Japanese Prime Minister Shinzo Abe and US President Donald Trump agreed to keep up pressure on North Korea until Pyongyang abandons its nuclear and missile programs, Japan’s foreign ministry sai...

Consumer price rise signals firming inflation

Consumer price rise signals firming inflation

-- 2018-02-15 10:42:23

The Consumer Price Index grew by 0.5 per cent against forecasts of a 0.3 per cent rise in United States. The report followed earlier data showing accelerating US wage growth. That raised concerns the...

Asia stocks gain amid US inflation spike

Asia stocks gain amid US inflation spike

-- 2018-02-15 10:37:32

Asian stocks gained on Thursday after Wall Street brushed aside strong US inflation data and surged, in a move that also saw the dollar pinned at two-week lows even as Treasury yields jumped in antici...

Mexico road crash wounds presidential candidate Patricio

Mexico road crash wounds presidential candidate Patricio

-- 2018-02-15 10:27:16

The first Mexican indigenous presidential candidate Maria de Jesus Patricio has been injured and one person killed in a road crash. The accident occurred when a van in which Patricio was travelling w...

PNB detects $1.8b fraud in Mumbai branch

PNB detects $1.8b fraud in Mumbai branch

-- 2018-02-14 16:52:22

Indian state-run Punjab National Bank (PNB) has detected some “fraudulent and unauthorised” transactions worth about $1.77 billion at one of its branches in Mumbai. The PNB bank said on W...