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The Financial Express

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Virus casts chill over aviation outlook despite Asian growth

Virus casts chill over aviation outlook despite Asian growth

-- 2020-02-12 12:27:01

Airlines and aircraft makers are taking a body blow from the virus outbreak in China, as Boeing reported zero orders for new jets in January and forecasting the cargo business will likely contract in...

New coronavirus cases fall

New coronavirus cases fall

-- 2020-02-12 11:33:53

China on Wednesday reported its lowest number of new coronavirus cases since late January, lending credence to a prediction from the country’s senior medical adviser that the outbreak could be o...

Trump's $4.8t budget gets chilly reception from Congress

Trump's $4.8t budget gets chilly reception from Congress

REUTERS 2020-02-11 12:26:25

President Donald Trump’s $4.8 trillion budget plan for the coming fiscal year drew a prompt rejection on Monday from congressional Democrats, who said it betrayed his promise to protect popular...

Delhi polls: Kejriwal’s AAP surges ahead of Modi’s BJP

Delhi polls: Kejriwal’s AAP surges ahead of Modi’s BJP

-- 2020-02-11 11:53:36

Early trends show Delhi's governing Aam Aadmi Party (AAP) heading for a big win in the Indian capital. The party is leading in more than two-thirds of the state's 70 seats. Delhi voted on 8 February...

Taiwan to bar entry of many Hong Kong, Macau residents to halt virus

Taiwan to bar entry of many Hong Kong, Macau residents to halt virus

-- 2020-02-10 13:54:06

Taiwan expanded its restrictions on visitors from Hong Kong and Macau on Monday to freeze the entry of many residents from the two Chinese-run cities to help control the spread of the new coronavirus....

Japan's current account surplus up 4.0pc in 2019

Japan's current account surplus up 4.0pc in 2019

-- 2020-02-10 12:16:14

Japan's current account surplus increased 4.4 per cent in 2019 compared to a year earlier to reach 20.06 trillion yen (183 billion US dollars), up for the first time in two years, government statistic...

Japanese e-commerce giant Rakuten raided by antitrust officials

Japanese e-commerce giant Rakuten raided by antitrust officials

-- 2020-02-10 12:14:23

Japanese antitrust officials raided the offices of e-commerce company Rakuten Inc on Monday after complaints from online merchants about the company’s free shipping policies, prompting its share...

Singapore kicks off air show amid coronavirus clampdown

Singapore kicks off air show amid coronavirus clampdown

-- 2020-02-09 13:07:14

Organisers scrambled on Sunday to shore up the Singapore Airshow, which is going ahead under a cloud of health and economic concerns after dozens of exhibitors pulled out of Asia’s largest aeros...

Mother, six children die in US house fire

Mother, six children die in US house fire

-- 2020-02-09 11:48:01

A mother and her six children died when a fire destroyed their home early Saturday in central Mississippi in the US, authorities said. The father was the lone survivor of the 12:30 am blaze in Clinto...

Deaths in China virus climb to 811, surpassing toll from SARS

Deaths in China virus climb to 811, surpassing toll from SARS

-- 2020-02-09 10:23:03

The number of new coronavirus deaths on the Chinese mainland hit 811 by end of Feb 8, the National Health Commission said on Sunday morning, surpassing that of the SARS epidemic in 2002/2003. The new...

New Delhi votes with Modi’s popularity on the line

New Delhi votes with Modi’s popularity on the line

-- 2020-02-08 14:22:15

Voting began for a crucial state election in India’s capital on Saturday with Prime Minister Narendra Modi’s Hindu nationalist party trying to regain power after a 22-year gap and major vi...

Singapore lifts virus alert to SARS level, sparking panic buying

Singapore lifts virus alert to SARS level, sparking panic buying

-- 2020-02-08 12:10:34

Singapore on Friday raised its coronavirus alert level and reported more cases not linked to previous infections or travel to China, a move that sparked panic-buying of essentials in some shops across...

Malaysia's int’l reserves stand at $104.2b

Malaysia's int’l reserves stand at $104.2b

-- 2020-02-07 16:04:53

Malaysia's central bank has said that its international reserves stood at 104.2 billion US dollars as of Jan. 31, 2020. Bank Negara, the central bank of the country, on Friday said in a statement tha...

Apple Watch outsells entire Swiss  watch industry in 2019

Apple Watch outsells entire Swiss watch industry in 2019

-- 2020-02-07 00:21:05

The Apple Watch outsold the entire Swiss watch industry in 2019, according to a new report. Market research firm Strategy Analytics estimates that Apple shipped 30.7 million units worldwide of its sm...

India's central bank holds rates steady

India's central bank holds rates steady

-- 2020-02-06 15:27:15

India's central bank held rates steady on Thursday and retained an accommodative policy stance as it sought to support faltering growth and avoid stoking already high inflation levels. The Reserve Ba...

Nokia posts surprise quarterly profit rise

Nokia posts surprise quarterly profit rise

Reuters 2020-02-06 13:53:42

Finnish telecom network equipment maker Nokia reported on Thursday a surprise rise in October-December underlying profit, driven by cost cuts, and said most of its 2020 profit will be generated in the...

UK hopes for early free trade deal with Australia after leaving EU

UK hopes for early free trade deal with Australia after leaving EU

-- 2020-02-06 11:20:16

British Foreign Secretary Dominic Raab said he hopes a free trade deal with Australia will be one of the first agreements secured now that Britain has left the European Union. Britain formally left t...

South Korea's online shopping hits record high in 2019

South Korea's online shopping hits record high in 2019

-- 2020-02-05 15:39:00

South Korea's online shopping hit a new record high last year as demand soared for food delivery through smartphone applications, statistical office data showed Wednesday. Shopping in the cyberspace...

Dubai airport sees first-ever annual drop in passenger traffic in 2019

Dubai airport sees first-ever annual drop in passenger traffic in 2019

-- 2020-02-05 12:43:25

Dubai International Airport, the world’s busiest airport for international travelers, handled 86.4 million passengers in 2019, dropping 3.1 per cent from the previous year to post its first annu...

Clock is ticking for companies that depend on China imports

Clock is ticking for companies that depend on China imports

-- 2020-02-04 13:36:28

For companies bracing for losses from China's viral outbreak, the damage has so far been delayed, thanks to a stroke of timing: The outbreak hit just when Chinese factories and many businesses were cl...

26 dead in central Nigeria attacks

26 dead in central Nigeria attacks

-- 2020-02-04 13:14:29

A total of 26 people were killed in recent attacks in Nigeria’s central Plateau State, local police said Monday. Up to 190 houses were damaged or destroyed following the attacks by unknown gunm...

Australian PM leads tribute to bushfire victims

Australian PM leads tribute to bushfire victims

-- 2020-02-04 13:01:28

Australia suspended parliament on Tuesday to honor the victims of a national bushfire crisis that has killed 33 people, as more than 100 fires remained ablaze across the country’s east coast. P...

China admits ‘shortcomings’ in coronavirus response

China admits ‘shortcomings’ in coronavirus response

BBC 2020-02-04 11:25:45

China's top leadership has admitted "shortcomings and deficiencies" in the country's response to the deadly coronavirus outbreak. The rare admission came from the Politburo Standing Committee, which...

Erdogan says Turkey hits back after Syrian shells kill Turkish troops

Erdogan says Turkey hits back after Syrian shells kill Turkish troops

-- 2020-02-03 15:07:42

President Tayyip Erdogan said on Monday Turkey will continue to retaliate after Syrian government shelling killed four of its troops and wounded nine in Syria’s northwest Idlib region, where Tur...

Modi's guarded stimulus unlikely to revive Indian growth

Modi's guarded stimulus unlikely to revive Indian growth

REUTERS 2020-02-03 14:59:41

India’s new budget is unlikely to drag Asia’s third- biggest economy out of its worst slowdown in more than a decade as the government has proposed only moderate spending increases and sma...

Toyota, Panasonic to set up EV battery joint venture

Toyota, Panasonic to set up EV battery joint venture

Reuters 2020-02-03 13:09:34

Toyota Motor Corp and Panasonic Corp have agreed to set up a joint venture specialising in prismatic electric vehicle batteries. The new company will develop batteries that will be available to any a...

AirAsia shares plunge after Airbus bribery allegations

AirAsia shares plunge after Airbus bribery allegations

Reuters 2020-02-03 12:24:20

Shares of Malaysia’s AirAsia Group and unit AirAsia X fell on Monday, after allegations by Britain’s Serious Fraud Office that Airbus paid a bribe of $50 million to win plane orders from A...

Fearing virus, Hong Kong residents stock up on food, essentials

Fearing virus, Hong Kong residents stock up on food, essentials

-- 2020-02-03 12:06:35

Panic-stricken residents have emptied shelves in major supermarkets in Hong Kong, stockpiling meat, rice, cleaning products and soap as fears escalate over a coronavirus epidemic on the mainland. The...

Al Qaeda in Arabian Peninsula claims shooting at US naval base

Al Qaeda in Arabian Peninsula claims shooting at US naval base

Reuters 2020-02-03 11:41:18

An audio recording purporting to be from the Islamist militant group al Qaeda in the Arabian Peninsula (AQAP) claimed responsibility on Sunday for a fatal shooting in December at a US naval base in Pe...

Pompeo urges Kazakhstan to press China over Uighurs

Pompeo urges Kazakhstan to press China over Uighurs

-- 2020-02-02 15:13:03

US Secretary of State Mike Pompeo urged Kazakhstan on Sunday to join Washington in pressing Beijing over its treatment of Muslim minorities, a sensitive matter for the Central Asian nation which has c...