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The Financial Express

Search results for: Global

Air Canada fined for not using French language

Air Canada fined for not using French language

-- 2019-08-31 11:06:30

Air Canada has been ordered to pay a French-speaking couple 21,000 Canadian dollars ($15,700; £12,900) and write them a letter of apology for violating their linguistic rights. The couple compl...

India's GDP growth hits six-year low

India's GDP growth hits six-year low

Reuters 2019-08-31 10:10:01

India’s economy grew at its weakest pace since 2013 between April and June as consumer demand and government spending slowed amid global trade frictions, raising chances of the central bank cutt...

India announces series of mergers of state-run banks

India announces series of mergers of state-run banks

Reuters 2019-08-30 19:24:47

India announced a series of mergers involving 10 state-owned banks on Friday, as it moves to strengthen a sector struggling under a mountain of debt and ensure stronger balance sheets to boost lending...

India's economic growth seen slipping in Apr-Jun

India's economic growth seen slipping in Apr-Jun

Reuters 2019-08-30 13:25:01

India’s economy likely expanded at its weakest pace in more than five years in April-June, a Reuters poll showed, as consumer demand and private investment weakened at a time global trade fricti...

Myanmar jails filmmaker for criticising army on Facebook

Myanmar jails filmmaker for criticising army on Facebook

-- 2019-08-29 15:04:32

A Myanmar court on Thursday sentenced a prominent filmmaker to one year in prison with hard labour for Facebook posts that criticised the military. Min Htin Ko Ko Gyi was arrested in April and accuse...

Malaysia's producer price index falls 2.2 pc in July

Malaysia's producer price index falls 2.2 pc in July

-- 2019-08-29 14:58:04

Malaysia's producer price index (PPI) for local production dropped 2.2 per cent year-on-year in July as most sectors posted negative growths, official data showed Thursday. Malaysian Statistics Depar...

Indonesia pledges $40b to modernise Jakarta ahead of new capital

Indonesia pledges $40b to modernise Jakarta ahead of new capital

-- 2019-08-29 12:30:57

The Indonesian government is not abandoning Jakarta after announcing plans to move the country’s capital, its planning minister said, pledging to spend $40 billion to save the slowly sinking cit...

UK parliament suspension sparks furious backlash

UK parliament suspension sparks furious backlash

-- 2019-08-29 11:06:25

The British prime minister's decision to suspend parliament has prompted an angry backlash from MPs and opponents of a no-deal Brexit. It sparked protests across the country, a legal challenge and a...

‘US should honour nuclear deal if it wants talks with Iran’

‘US should honour nuclear deal if it wants talks with Iran’

-- 2019-08-29 10:47:53

Iran’s foreign minister Mohammad Javad Zarif said on Thursday the United States will have to observe the 2015 nuclear deal if it wants to meet for talks and that Washington was engaging in &ldqu...

Facebook acknowledges flaw in Messenger Kids app

Facebook acknowledges flaw in Messenger Kids app

-- 2019-08-29 10:35:45

Facebook Inc acknowledged a flaw in its Messenger Kids app, weeks after two US senators raised privacy concerns about the application, and said that it spoke to the US Federal Trade Commission about t...

Chinese gov't debt ratio rises in second quarter

Chinese gov't debt ratio rises in second quarter

-- 2019-08-28 14:55:20

The Chinese government's leverage ratio edged up in the second quarter (Q2) of 2019 amid efforts to support economic growth and improve weak links. According to NIFD report, the end-June debt ratio f...

Australia to investigate foreign interference at universities

Australia to investigate foreign interference at universities

-- 2019-08-28 14:33:34

Australia is to formally investigate foreign interference in its universities amid rising concerns about Chinese influence on campuses. The push follows reports of students and staff "self-censoring"...

Indian SC to hear pleas challenging abrogation of Article 370

Indian SC to hear pleas challenging abrogation of Article 370

-- 2019-08-28 13:22:35

The Indian Supreme Court on Wednesday decided to examine the legal challenge against the Centre’s decision to abrogate Article 370, which gave special status to Jammu and Kashmir, and referred t...

Honduras president to inaugurate ‘diplomatic office’ in Jerusalem

Honduras president to inaugurate ‘diplomatic office’ in Jerusalem

-- 2019-08-28 12:13:03

Honduran President Juan Orlando Hernandez will travel to Jerusalem to inaugurate a ‘diplomatic office’ in the city on Sept 1, the Honduran government said in a statement on Tuesday. The o...

US retail giant Costco opens first store in China

US retail giant Costco opens first store in China

Xinhua 2019-08-28 11:24:19

US based retail giant Costco Wholesale opened its first brick-and-mortar store on the Chinese mainland on Tuesday. The 14,000-square-metre store is located in southwest Shanghai, with 3,400 stock-kee...

China denies US warship port visit

China denies US warship port visit

-- 2019-08-28 11:04:10

China has denied a request for a US Navy warship to visit the Chinese port city of Qingdao in recent days, a US defence official told Reuters on Tuesday, at a time of tense ties between the world&rsqu...

Blasts hit Gaza police checkpoints; three dead

Blasts hit Gaza police checkpoints; three dead

-- 2019-08-28 10:50:25

Explosions hit two police checkpoints in the Gaza Strip on Tuesday, killing three officers and wounding several other Palestinians, the Hamas-run interior ministry said, declaring a state of emergency...

Iran’s Rouhani rules out talks with US until sanctions lifted

Iran’s Rouhani rules out talks with US until sanctions lifted

-- 2019-08-27 14:57:53

Iran will not talk to the United States until all sanctions imposed on Tehran are lifted, President Hassan Rouhani said on Tuesday, a day after President Donald Trump said he would meet his Iranian co...

RBI bonanza for India govt raises stimulus hopes

RBI bonanza for India govt raises stimulus hopes

Reuters 2019-08-27 14:52:50

The Indian government will receive a windfall from the Reserve Bank of India (RBI) in the current financial year thanks to a much higher-than-expected dividend, allowing Prime Minister Narendra Modi&r...

Brazil to reject G7 aid to fight Amazon fires

Brazil to reject G7 aid to fight Amazon fires

-- 2019-08-27 12:33:32

The Brazilian government has said it will reject an offer of aid from G7 countries to help tackle fires in the Amazon rainforest. French President Emmanuel Macron - who hosted a G7 summit that ended...

Asian shares rise on optimism about trade war

Asian shares rise on optimism about trade war

-- 2019-08-27 11:46:28

Asian shares were mostly higher on Tuesday as investors found reason to be cautiously optimistic again about the potential for progress in the costly trade war between the US and China. Japan’s...

Johnson & Johnson fined in landmark opioid ruling

Johnson & Johnson fined in landmark opioid ruling

-- 2019-08-27 10:45:35

Drugmaker Johnson & Johnson must pay $572m (£469m) for its part in fuelling Oklahoma's opioid addiction crisis, a judge in the US state has ruled. The company said immediately after the jud...

RBA offers $24.5b payout to government

RBA offers $24.5b payout to government

-- 2019-08-27 10:45:33

India's central goverment has offered the country's federal government a payout of 24.5 billion US dollars that include $17.1 billion of surplus and $7.4 billion of excess contingency provision lying...

Nearly 100 companies move to Netherlands ahead of Brexit

Nearly 100 companies move to Netherlands ahead of Brexit

-- 2019-08-26 13:39:23

Nearly 100 companies have relocated from Britain to the Netherlands or set up offices there to be within the European Union due to the United Kingdom’s planned departure from the bloc, a Dutch g...

Prices of most production goods rise in China

Prices of most production goods rise in China

Xinhua 2019-08-26 13:18:08

China's official data showed that most production goods monitored by the government posted higher prices in mid August compared with the previous 10 days. Of the 50 major goods monitored by the gover...

62 dead in Sudan floods

62 dead in Sudan floods

-- 2019-08-26 12:03:36

Torrential rain and floods have killed 62 people in Sudan, according to the official state news agency. The country has been battered by heavy rains since early July, affecting almost 200,000 people...

Saudi Arabia, UAE form committee to stabilise Yemen ceasefire

Saudi Arabia, UAE form committee to stabilise Yemen ceasefire

-- 2019-08-26 11:15:53

The Saudi-led coalition fighting the Houthis in Yemen said a joint committee was formed by Saudi Arabia and the United Arab Emirates to stabilise a ceasefire in the Yemeni provinces of Shabwah and Aby...

PBOC injects market liquidity via MLF

PBOC injects market liquidity via MLF

-- 2019-08-26 11:00:44

The People's Bank of China (PBOC) on Monday pumped 150 billion yuan ($21.25 billion) of funds into the market via the medium-term lending facility (MLF) to maintain liquidity. The funds will mature i...

Asian shares tumble as trade war renews uncertainty

Asian shares tumble as trade war renews uncertainty

-- 2019-08-26 10:57:14

Asian shares tumbled Monday after the latest escalation in the US-China trade war renewed uncertainties about global economies. Japan's benchmark Nikkei 225 started plummeting as soon as trading bega...

Egyptian exports to G7 countries hit $3.8b in H1

Egyptian exports to G7 countries hit $3.8b in H1

-- 2019-08-25 13:34:06

Egypt's exports to the Group of Seven (G7) countries increased to 3.8 billion US dollars in the first half of 2019 from 3.5 billion dollars in the same period last year, official statistics agency sai...