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Global renewable power capacity to rise by 50pc

-- October 22, 2019 00:31:53

Global renewable energy capacity is set to rise by 50 per cent in five years' time, driven by solar photovoltaic (PV) installations on homes, buildings and industry, according to the International Ene...

Emphasis on taxing digital commerce to tackle debt

-- October 21, 2019 18:40:28

Commonwealth finance ministers have recognised the potential of technology to improve debt transparency while urging closer collaboration to resolve tax challenges arising from growing digital commerc...

S Korea's export drops 19.5pc in first 20 days of Oct

-- October 21, 2019 13:48:09

South Korea's export dropped in double figures in the first 20 days of this month on the continued downturn of business cycle in the global semiconductor industry, customs office data showed Monday....

Five dead after looters torch garment factory amid Chile protests

-- October 21, 2019 11:19:28

Five people have died after a garment factory was set ablaze by looters near Chile's capital Santiago amid a wave of violent protests. The military and police used tear gas and water cannon against p...

India, Pakistan blame each other for Kashmir shelling

-- October 21, 2019 11:03:37

India and Pakistan have blamed each other for shelling across the line of control, the de facto border that divides the disputed region of Kashmir. Both sides say they retaliated only after the other...

Mahathir warns of possible trade sanctions on Malaysia

Reuters October 21, 2019 10:31:05

Malaysian Prime Minister Mahathir Mohamad said on Monday his exports-reliant country could be hit with trade sanctions amid rising protectionism highlighted by the US-China tariff war. Mahathir did n...

China dairy output surges 50pc over past decade

-- October 20, 2019 15:08:31

China's dairy output surged almost 50 per cent over the past decade, according to the country's market watchdog. Dairy production stood at 26.87 million tonnes in 2018, and per capita consumption rea...

Militant attacks on Burkina army outposts kill five

-- October 20, 2019 14:39:08

Four soldiers and one police officer have been killed in two attacks on military outposts in northern Burkina Faso, the Burkinabe army said on Saturday. Raids by Islamist militants as well as clashes...

Thailand's 2020 budget bill passes first reading

-- October 20, 2019 12:03:25

Thailand's House of Representatives narrowly voted to approve the 2020 budget bill on Saturday. Following three days and nights debating on the 3.2 trillion baht (about 105.43 billion US dollars) bud...

Chile suspends rise in metro fares as unrest continues

-- October 20, 2019 11:57:10

Chile's President Sebastián Piñera has suspended a rise in metro fares that sparked protests across the country. Soldiers and tanks were deployed in the capital, Santiago, after the gov...

‘Substantial progress’ in China-US trade consultations

Global Times October 19, 2019 16:48:33

In a new round of trade consultations between China and the US held in Washington, the two sides achieved substantial progress in multiple areas, laying a significant groundwork for the signing of a p...

Chile President declares emergency as riots rock capital

-- October 19, 2019 12:40:01

Chile’s President Sebastian Pinera declared a state of emergency in the capital Santiago early on Saturday, as the city of 6 million descended into chaos amid riots that left a downtown building...

World finance officials facing host of problems

AP October 18, 2019 19:54:00

The leaders of the 189-nation International Monetary Fund and its sister organisation, the World Bank, are laying out their visions for the future, hoping to achieve a world with less extreme poverty...

EU leaders approve Lagarde’s ECB appointment

AP October 18, 2019 19:42:46

European Union leaders have approved the appointment of Christine Lagarde as the next president of the European Central Bank. The former International Monetary Fund managing director will replace Mar...

China's GDP grows 6.2 pc in first three quarters

-- October 18, 2019 15:36:39

China's GDP expanded 6.2 per cent year on year in the first three quarters of 2019 to about 69.78 trillion yuan (about 9.87 trillion US dollars), data from the National Bureau of Statistics (NBS) show...

China's FDI inflow rises 6.5pc in Jan-Sep

Xinhua October 17, 2019 17:22:15

Foreign direct investment (FDI) into the Chinese mainland expanded 6.5 per cent year on year to 683.21 billion yuan in the first three quarters of the year, an official with the Ministry of Commerce (...

Inner Mongolia to lift all poor counties out of poverty by year end

-- October 17, 2019 14:45:30

Northern China's inner Mongolia autonomous region will lift all of its poor banners and counties out of poverty by the end of this year, said the regional government Thursday. So far, all the 26 regi...

PBOC skips reverse repos

-- October 17, 2019 13:56:46

The People's Bank of China (PBOC), the central bank of the country, skipped open market operations via reverse repos on Thursday. The PBOC announced the move in a statement on its website, citing rea...

Unilever misses estimates as sales slow in China, India

-- October 17, 2019 13:20:03

Consumer goods giant Unilever reported weaker than expected third-quarter sales, citing softer demand in India and a slowdown in China, two of its biggest emerging markets. Emerging markets, which ac...

WB likely to cut global growth forecasts again

-- October 17, 2019 12:56:42

World Bank President David Malpass said the development lender will likely again downgrade its global growth outlook amid uncertainty over falling trade and investment flows. “As we look at the...

Netflix shares jump as subscribers grow ahead of Disney, Apple attack

-- October 17, 2019 12:14:33

Netflix Inc added slightly more paying subscribers than Wall Street expected in the third quarter, a relief to investors who had worried the company might fall short just as Disney and Apple prepare t...

China says US House should stop interfering in HK

-- October 16, 2019 11:53:15

China’s foreign ministry said on Wednesday that Beijing resolutely opposed new measures passed by the US House of Representatives related to the Hong Kong protests and urged lawmakers to stop in...

China further opens up banking sector to foreign investors

Xinhua October 15, 2019 14:54:17

China has decided to further open up its insurance and banking sectors to foreign investors by revising related regulations. Revisions to the regulations on foreign-invested insurance and banking fir...

China’s transportation sector maintains steady growth in September

-- October 15, 2019 14:40:39

China's transportation industry has expanded steadily in September as an index measuring the vitality of the sector remained at a high level, according to the China Academy of Transportation Sciences....

US cop faces murder charges after killing black woman in her home

-- October 15, 2019 12:03:54

A white Fort Worth, Texas, police officer was jailed on murder charges on Monday in the fatal shooting of a 28-year-old black woman who was babysitting inside her home, the police department said. At...

Japan typhoon death toll jumps to 66

-- October 15, 2019 11:48:29

The death toll in the worst typhoon to hit Japan for decades climbed to 66 on Tuesday as rescuers slogged through mud and debris in an increasingly grim search for the missing, and as thousands of hom...

Banerjee, Duflo, Kremer win Nobel Prize in economics

-- October 14, 2019 16:41:29

Abhijit Banerjee, Esther Duflo and Michael Kremer were awarded the Nobel Prize in economics of this year on Monday for research on alleviating global poverty. Indian-born Abhijit Banerjee is an Ameri...

Nine Catalan leaders given jail for sedition

-- October 14, 2019 14:55:38

Spain’s Supreme Court on Monday sentenced nine Catalan separatist leaders to between nine and 13 years in prison for sedition over their role in the region’s failed bid for independence in...

Singapore's GDP growth for Q3 remains at 0.1pc on year

-- October 14, 2019 14:05:11

Singapore’s Ministry of Trade and Industry has announced that based on advance estimates, the country's Gross Domestic Product (GDP) for the third quarter of 2019 grew 0.1 per cent year on year....

China sees steady growth in trade with B&R countries

Xinhua October 14, 2019 13:50:35

China's trade with countries along the Belt and Road (B&R) posted robust growth in the first three quarters of this year, official data showed Monday. Trade with B&R countries totalled 6.65 t...