Search results for: Global

US stocks fall as Fed signals small rate cut

-- 2019-07-20 13:12:55

Wall Street’s main indexes fell on Friday following a report that the Federal Reserve plans to cut interest rates by only a quarter-percentage point at the end of the month. The benchmark S&amp...

France to coordinate talks to pick next IMF chief

-- 2019-07-19 20:29:20

France will coordinate European talks on the choice of the next managing director of the International Monetary Fund with the aim to find a candidate by the end of the month. French Finance Minister...

UK budget deficit swells in Q1 of 2019/20 tax year

-- 2019-07-19 16:01:33

Britain’s budget deficit swelled in the first quarter of the tax year due to higher debt interest payments and rising spending on services, placing the public finances on a less solid footing ah...

European shares rise after Fed chief’s comments

-- 2019-07-19 15:35:08

Shares in Europe rose across the board on Friday as comments from a Federal Reserve official cemented the case for a US interest rate cut this month. New York Fed President John Williams said on Thur...

Tokyo stocks end sharply higher

-- 2019-07-19 15:28:41

Tokyo stocks ended sharply higher Friday as sentiment being lifted by solid performances on overseas bourses saw investors take to buying back issues deemed oversold during the market's three-day down...

BOK cuts interest rate for first time in three years

-- 2019-07-18 12:12:20

The Bank of Korea, the central bank of the Republic of Korea, on Thursday cut its policy rate for the first time in three years, and shaved this year’s growth forecast to the lowest in a decade....

SE Asian stocks near flat in cautious trading

-- 2019-07-18 11:49:28

Most Southeast Asian stock markets traded in a tight range on Thursday, as the US Federal Reserve's bright domestic economic outlook curbed expectations of extensive policy easing and renewed tariff-w...

Developing Asia to meet growth outlook despite trade war: ADB

Reuters 2019-07-18 11:30:43

The Asian Development Bank said on Thursday developing Asia is on track to meet the lender’s growth expectations for this year and next, even as trade tensions between the United States and Ch...

Asian stocks fall on trade war fears

-- 2019-07-18 11:14:20

Asian stock markets on Thursday followed Wall Street lower after US President Donald Trump reignited trade fears by saying he could impose more tariffs on Chinese imports. Benchmarks in Shanghai, Tok...

Singapore exports fall as electronics slump

-- 2019-07-17 11:22:55

Singapore’s exports fell more than expected in June, marking their biggest decline in six years, as the city-state struggles against tepid global demand and the Sino-US trade war. The grim trad...

SE Asian stocks inch lower on trade worries

-- 2019-07-17 11:08:07

Southeast Asian stock markets struggled in a tight range on Wednesday after US President Donald Trump indicated that a resolution to the tariff war with China was not imminent. Malaysian shares fell...

Asian stocks mixed after US stocks retreat

-- 2019-07-17 11:04:59

Asian shares were mixed Wednesday as Wall Street ended a five-day winning streak after the first big round of corporate earnings reports. Japan’s benchmark Nikkei 225 dipped 0.4 per cent to 21,...

Indian shares edge higher in volatile trade

-- 2019-07-16 13:03:57

Indian shares ticked higher in volatile trade on Tuesday in broad-based gains, while losses in IT stocks limited the upside. The broader NSE index was up 0.37 per cent at 11,631.1 as of 0434 GMT, whi...

Asian shares mixed; Nikkei falls 0.6pc

-- 2019-07-16 12:44:46

Asian shares were little changed and mixed in quiet trading Tuesday amid a lack of fresh market-moving news as investors looked ahead to earnings season. Japan’s benchmark Nikkei 225 lost 0.6 p...

China's housing prices stabilise with slower growth rates in June: NBS

Global Times 2019-07-15 20:53:13

Property prices in China held stable in June with slower growth rates amid an ongoing crackdown on speculation in the real estate market, figures released by the National Bureau of Statistics (NBS) sh...

China's GDP grows 6.3 pc in first half 2019

-- 2019-07-15 15:20:47

China's GDP expanded 6.3 per cent year on year in the first half of 2019 to about 45.09 trillion yuan (about 6.56 trillion US dollars), data from the National Bureau of Statistics (NBS) showed Monday....

SE Asian stocks: Philippines jumps to 15-month high

-- 2019-07-15 13:25:05

Philippine shares jumped over 1.5 per cent on Monday to their highest in more than 15 months, after a local daily reported of more scope for policy easing quoting the top central bank official, while...

Asian shares mixed; China share rises

-- 2019-07-15 12:20:38

Asian shares were mixed on Monday, led by gains in Chinese markets after the government reported that the economy grew at the slowest pace in a decade in the last quarter. The Shanghai Composite inde...

Another Canadian citizen ‘detained in China’

-- 2019-07-14 11:22:22

A Canadian citizen has been detained in the Chinese city of Yantai, a Canadian government spokesman said on Saturday, an incident that comes amid chilly diplomatic relations between the two countrie...

30 die in Nepal flash floods

-- 2019-07-14 11:10:55

Flash floods and landslides in Nepal triggered by monsoon rains killed 15 people and injured 12 overnight while another 18 have gone missing, officials said on Saturday. The latest deaths took to 30...

Death toll from Somali hotel attack jumps to 26

-- 2019-07-13 14:35:15

The death toll from Somalia’s Kismayu hotel attack on Friday has risen to 26, including Kenyans, Americans, a Briton and Tanzanians, Jubbaland region’s president said on Saturday. A presi...

Several dead as gunmen storm Somali hotel

-- 2019-07-13 11:24:43

At least seven people have been killed in an attack on a hotel in southern Somalia, including Canadian-Somali TV journalist Hodan Nalayeh, reports say. Officials and survivors say a suicide bomber ra...

Singapore's decade-low growth triggers recession warning

-- 2019-07-12 18:20:22

Singapore’s economy grew at its slowest annual pace in a decade in the second quarter, preliminary data showed on Friday, raising bets that a technical recession and monetary policy easing could...

SE Asian stocks trade in tight range; Philippines rise

-- 2019-07-12 12:48:13

Southeast Asian stocks traded in a tight range on Friday as investors awaited a slew of key important economic data from China and elsewhere in the region, while Philippines rose the most. Market par...

Asian shares rally after Wall St sets new records

-- 2019-07-12 11:46:38

Asian shares were mostly higher on Friday after a turbulent day on Wall Street ended with the Dow Jones Industrial Average closing above 27,000 for the first time. Japan's Nikkei 225 index edged 0.1...

Mass immigration roundups in US to start Sunday

-- 2019-07-11 13:56:20

Roundups of undocumented immigrant families will start Sunday in 10 US cities, fulfilling a hardline immigration stance from US President Donald Trump which will be a key issue in his 2020 re-election...

Six foreign nationals dead as severe weather hits Greece

-- 2019-07-11 11:29:12

Six foreign nationals, including two children, were killed and more than 100 other people injured after gale-force winds, rain and hailstorms struck northern Greece late on Wednesday, uprooting trees...

Southeast Asian stocks rise; Singapore leads

-- 2019-07-11 10:59:18

Southeast Asian stocks rose on Thursday, with Singapore leading gains, as investors cheered US Federal Reserve Chairman Jerome Powell's comments bolstering prospects of an interest rate cut. Singap...

Asian stocks rise on US rate cut hopes

-- 2019-07-11 10:50:06

Asian shares rose Thursday, tracking gains on Wall Street after Federal Reserve Chairman Jerome Powell suggested the US central bank is ready to cut interest rates for the first time in a decade. Hon...

Turkey rejects Greek, EU claims that drilling off Cyprus illegitimate

-- 2019-07-10 15:34:15

Turkey said on Wednesday it rejected Greek and European Union assertions that Turkish drilling for gas and oil off Cyprus was illegitimate, and said it showed the EU could not be an impartial mediator...