Search results for: Global

Germany to halve 2019 growth forecast

-- 2019-04-12 17:00:32

The German government is set to halve its 2019 growth forecast for Europe’s biggest economy, a government source told Reuters on Friday, reflecting a worsening slowdown linked to a recession in...

China’s 2019 growth seen slowing to 30-year low

-- 2019-04-12 15:37:01

China’s economic growth is expected to slow to a near 30-year low of 6.2 per cent this year, a Reuters poll showed on Friday. The second largest economy of the world is likely to fall the recor...

Tokyo court extends Ghosn’s detention until April 22

-- 2019-04-12 13:07:32

The Tokyo District Court said on Friday it had extended Carlos Ghosn’s detention period by eight days, giving prosecutors until April 22 to bring formal charges against the former Nissan Motor b...

16 die in Pakistan market bombing

-- 2019-04-12 13:01:24

A bomb hidden among bags of potatoes at a Pakistani market killed at least 16 people, half of them ethnic Hazaras, officials said, in an attack apparently aimed at minority Shi’ite Muslims. At...

Sudanese protesters defy curfew after army ousts Bashir

-- 2019-04-12 12:43:05

Large crowds have remained on the streets of the Sudanese capital, Khartoum, ignoring a curfew declared by the country's new military council. Long-time President Omar al-Bashir was overthrown and ar...

SE Asian stocks edge lower in cautious trading

-- 2019-04-12 12:29:26

Southeast Asian stocks edged lower on Friday as investors exercised caution ahead of China's March trade data and a slower first quarter GDP growth in Singapore added to global growth worries. The Ph...

Asian shares inch up after mixed Wall St Day

-- 2019-04-12 12:13:06

Asian shares were mostly higher on Friday after a mixed Wall Street close on listless trading. Benchmarks in Tokyo, Sydney and Seoul rose. China's main index was up 1 point while Hong Kong retreated....

Zimbabwe GDP growth below target at 4pc

-- 2019-04-11 21:38:00

Zimbabwe’s economy grew by 4.0 per cent last year, below an initial target of 4.5 per cent, treasury said on Thursday, as the country struggles with a severe shortage of dollars and surging infl...

Gulf markets little changed

-- 2019-04-11 21:26:29

Mideast stocks little changed on Thursday, while Dubai's stocks slid as most of its financial shares dropped, snapping a 10-day winning streak. The Dubai index fell 0.6 per cent, led by a 1.7 per cen...

European shares slip as growth fears weigh

-- 2019-04-11 21:19:09

European shares fell on Thursday as investor sentiment was dented by global growth slowdown fears but gains in France thanks to strong earnings helped set a lower limit to the broader decline. The pa...

US puts 37 China companies, schools on ‘unverified’ list

-- 2019-04-11 15:53:08

The US Commerce Department said on Wednesday that is adding 37 Chinese companies and schools to a red-flag list of ‘unverified’ entities that US companies should treat with caution, accord...

Sudan’s president steps down: Government sources

-- 2019-04-11 14:31:13

Sudanese president Omar al-Bashir has stepped down and consultations are under way to form a transitional council to run the country, government sources and a provincial minister said on Thursday. Th...

Ghosn’s wife faces questions from prosecutors in Tokyo court

-- 2019-04-11 13:48:47

The wife of Nissan’s former Chairman Carlos Ghosn was being questioned by prosecutors in a Tokyo court Thursday, after her husband was taken into custody on financial misconduct allegations. A...

Moon jae-in to meet Trump hoping to revive N Korea talks

-- 2019-04-11 11:35:33

South Korean President Moon Jae-in will meet US President Donald Trump on Thursday hoping to help put denuclearisation talks with North Korea back on track after a failed summit between the United Sta...

ECB keeps policy, rate guidance unchanged

-- 2019-04-10 19:06:20

The European Central Bank kept its policy unchanged as expected on Wednesday, maintaining interest rates at record lows and keeping its guidance for steady interest rates this year despite a sharp slo...

May to make Brexit plea at EU summit

-- 2019-04-10 14:44:16

EU leaders are to meet for an emergency summit in Brussels to decide whether to offer the UK another delay to Brexit. Prime Minister Theresa May wants to postpone the date the UK leaves the EU beyond...

Dalai Lama, 83, admitted to Delhi hospital

-- 2019-04-10 13:33:38

The Dalai Lama has been admitted to hospital in the Indian capital, Delhi, with a chest infection, but is reported to be in a stable condition. His private aide Tenzin Taklha said he was flown to Del...

SE Asian stocks subdued on trade worries

-- 2019-04-10 12:26:11

Southeast Asian markets subdued on Wednesday as another downgrade to global economic growth by the IMF and a US threat to slap tariffs on hundreds of European goods dampened investor sentiment. Phili...

Asian shares drop amid global tensions

-- 2019-04-10 12:14:19

Asian shares fell Wednesday following a slide on Wall Street amid growing tensions between the US and the European Union and a dim forecast on global economic growth. Japan's benchmark Nikkei 225 dro...

New WB head vows to keep climate goals, evolve China relationship

-- 2019-04-10 11:20:13

New World Bank President David Malpass has said he would not alter the lender’s commitment to fight climate change, but pledged to step up its anti-poverty mission and to evolve the bank’s...

Israel’s Netanyahu wins record fifth term in office: Reports

-- 2019-04-10 11:02:10

Israeli Prime Minister Benjamin Netanyahu has won the national election, securing a record fifth term in office despite running neck in neck with his challenger Benny Gantz, the country’s three...

European shares open slightly lower

-- 2019-04-09 15:43:13

European shares edged down at the opening on Tuesday, weighed down by plane maker Airbus and its suppliers, while an event-packed week kept investors cautious. At 0728 GMT, the pan-European STOXX 600...

India’s retail inflation seen inching up in March

-- 2019-04-09 15:34:45

India’s retail inflation is expected to have accelerated in March on slightly higher food prices but remain under the RBI’s medium-term target of 4.0 per cent, a Reuters poll predicted. I...

Ghosn blames ‘backstabbing’ of ex-Nissan executives for his arrest

-- 2019-04-09 13:40:57

Nissan ex-boss Carlos Ghosn has accused former executives at the firm of "backstabbing" and said he is innocent of all charges against him. He said he was victim of a "conspiracy" and appealed to hav...

Turkey’s election board rejects recount call in 31 districts

-- 2019-04-09 12:53:27

Turkey’s High Election Board has rejected a request by President Tayyip Erdogan’s AK Party to recount all votes in 31 Istanbul districts, a board member said on Tuesday, but his party vowe...

Asian shares hit eight-month high

-- 2019-04-09 12:21:47

Asian shares hit an eight-month high on Tuesday as optimism about Chinese measures to boost economic growth lifted mainland markets. However, worries about US earnings and a crucial Brexit summit thi...

Heavy gunfire heard at protest in Sudan capital: TV

-- 2019-04-09 11:43:22

Heavy gunfire was heard at a protest outside the defence ministry in Sudan’s capital Khartoum on Tuesday, live broadcast by Arab TV stations showed, and activists said that security forces were...

Israelis start voting in close-fought election

-- 2019-04-09 11:16:28

Israelis have begun voting in the country's most closely-fought general election in years. Prime Minister Benjamin Netanyahu, leader of the right-wing Likud Party, is seeking a fifth term in office....

Cigarette price hike to add up to 1pc to Turkish inflation

-- 2019-04-08 14:20:32

A 20 per cent price increase on cigarettes is expected to add up to 1.0 percentage point to Turkey’s inflation, economists say, as Ankara continues to face price instability. In the wake of las...

SE Asian stocks edge up on China stimulus

-- 2019-04-08 12:48:29

Southeast Asian stocks mostly edged higher on Monday as stimulus from China and better-than-expected US jobs data lifted sentiment and allayed concerns of a slowdown in global economic growth. Philip...