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Search results for: global

Fed official sees biggest risk to US economy from tariffs

-- November 22, 2019 12:46:14

The biggest risk to the overall US economy remains tariffs and trade as businesses have cut back on investment, a US Federal Reserve official has said. "Right now, overall, my base case scenario is c...

Malaysia arrests 680 suspected members of Chinese fraud gang

-- November 21, 2019 14:39:34

Malaysian authorities have arrested 680 Chinese nationals suspected of operating an extensive online fraud operation cheating people in their homeland, officials said on Thursday. A team of 150 Immig...

BMW orders over 10 billion euros’ worth of battery cells

-- November 21, 2019 14:06:25

German carmaker BMW on Thursday said it had ordered more than 10 billion euros’ ($11.07 billion) worth of battery cells from Chinese battery cell maker Contemporary Amperex Technology Co (CATL)...

ADB introduces new loan pricing for higher income countries

-- November 21, 2019 13:55:37

The ADB has introduced a new loan pricing for its developing member countries and economies with higher income sub-groups paying higher maturity premiums for longer term loans. The Asian Development...

Taiwan courting ‘disaster’ after election independence comment: China

-- November 21, 2019 13:47:08

The Chinese government warned self-ruled Taiwan on Thursday that it was courting “disaster”, after the running mate for President Tsai Ing-wen in January elections said he was working towa...

China 'not stepping up' in trade talks, Trump says

Reuters November 21, 2019 10:42:31

US President Donald Trump said on Wednesday he has not made a trade deal with China yet because Beijing is not “stepping up” in negotiations. “I don’t think they’re step...

UK outraged at ‘torture’ of ex-Hong Kong consulate employee

-- November 20, 2019 14:34:35

British Foreign Secretary Dominic Raab on Wednesday condemned China’s treatment of a former employee of Britain’s Hong Kong consulate who told a newspaper Chinese secret police beat him as...

‘Catastrophic’ fire alerts in South Australia, Victoria

-- November 20, 2019 13:44:41

Heat and winds are threatening to widen Australia's bushfire crisis, with three states warned to expect their worst conditions of the season so far. Soaring temperatures in South Australia prompted "...

Afghanistan chopper crash kills two US service members

-- November 20, 2019 12:36:25

Two United States service members were killed in a helicopter crash in Afghanistan on Wednesday, the US military said in a statement. “The cause of the crash is under investigation, however pre...

Thousands of Canadian railway workers go on strike

-- November 19, 2019 15:02:17

About 3,000 workers of Canadian National Railway, the country’s largest railroad operator, went on strike on Tuesday, labour union Teamsters Canada said after both parties failed to resolve cont...

Ex-PM Nawaz Sharif leaves Pakistan for medical treatment

-- November 19, 2019 12:34:11

The former Pakistan prime minister Nawaz Sharif, who is serving a prison sentence for corruption, has left the country to receive medical treatment in London. Sharif, a three-time prime minister, has...

24 soldiers die in militant attack in Mali

-- November 19, 2019 10:55:39

Twenty-four soldiers have been killed in an attack by militants in eastern Mali, the country's army has said. Another 29 were also injured during a joint operation between troops from Mali and Niger...

China's civil aviation industry posts robust growth

Xinhua November 18, 2019 16:56:37

China's civil aviation sector reported steady expansion as well as continuous high safety standards in the first 10 months of this year, official data showed. The total transport turnover of the indu...

Food shortages hit Bolivia, new elections still uncertain

-- November 18, 2019 11:54:13

Bolivians languished in long lines on the streets of La Paz on Sunday to secure chicken, eggs and cooking fuel as supporters of ousted President Evo Morales crippled the country’s highways, isol...

US expected to grant Huawei 90-day license extension

-- November 18, 2019 11:04:57

The Trump administration is set to issue a 90-day extension of a license on Monday allowing US companies to continue doing business with China’s Huawei Technologies Co Ltd, two sources familiar...

Saudi Aramco in race for IPO record with $1.7 trillion top value

-- November 18, 2019 10:23:07

Saudi Aramco is worth up to $1.7 trillion at the price range set by the oil giant on Sunday, below the $2.0 trillion sought by Saudi’s crown prince but putting it in the running to become the wo...

US, S Korea postpone joint exercise criticised by N Korea

-- November 17, 2019 13:52:06

The United States and South Korea on Sunday said they were postponing a joint military air exercise that North Korea has criticised as provocative. US Defence Secretary Mark Esper and his South Korea...

Bushfire conditions worsen in east, west Australia

-- November 17, 2019 11:42:38

Rising temperatures, lightning strikes and gusty winds further raised fire danger on both coasts of Australia on Sunday as the country already battles more than 120 bushfires and firefighters work day...

Untimely rains delay India's rural economy recovery

-- November 17, 2019 11:11:40

Heavy rains in October and November have brought more misery to India’s farmers, after summer-sown crops such as soybean, cotton, rice and vegetables suffered rain and flood damage during the we...

Nissan recalls nearly 40000 vehicles in US over braking system defect

-- November 17, 2019 11:00:37

Japan’s Nissan Motor Co Ltd has said it is recalling 394,025 cars in the United States over a braking system defect, causing concerns that a brake fluid leak could potentially lead to a fire. T...

US import, export prices decrease in Oct

-- November 16, 2019 15:37:14

US import and export prices decreased in October, the US Department of Labor has reported. The price index for US imports fell 0.5 per cent in October, after rising 0.1 per cent in September and decl...

Indian tax officials find Modi's targets too taxing, some quit

-- November 16, 2019 15:03:05

Prime Minister Narendra Modi’s government wants them to collect 17  per cent more in direct taxes this year as New Delhi seeks to shore up revenues amid a sharp economic slowdown. The targe...

South African Airways, unions meet for talks amid damaging strike

-- November 16, 2019 13:54:31

South African Airways (SAA) and unions on Saturday met for talks the troubled state-run carrier hopes can bring an end to a crippling strike that it says could push it to collapse. Unions representin...

Global debt to top record $255 trillion by year's end

-- November 16, 2019 13:27:47

Global debt is on course to end 2019 at a record high of more than $255 trillion, the Institute of International Finance estimated on Friday — nearly $32,500 for each of the 7.7 billion people o...

Hundreds of pro-China protesters rally amid Hong Kong chaos

-- November 16, 2019 11:51:30

Hundreds of pro-China protesters rallied in Hong Kong on Saturday to denounce increasingly violent anti-government unrest in the Chinese-ruled city and support the police who have become a prime targe...

Alibaba starts listing in Hong Kong

Xinhua November 15, 2019 17:34:06

Chinese e-commerce giant Alibaba Group Holding Ltd. started listing on the main board of Hong Kong stock exchange on Friday. The e-commerce giant will issue 12.5 million new shares at a price no high...

Sri Lanka Prosperity Index improves record high

-- November 15, 2019 15:39:22

Sri Lanka's Prosperity Index (PI) saw a 42 per cent rise from 2017 to 2018, local media reports quoting the Central Bank of Sri Lanka (CBSL) said on Friday. The country’s PI grew from 0.548 in...

Chinese shares close lower Friday

-- November 15, 2019 13:40:16

Chinese stocks closed lower Friday, with the benchmark Shanghai Composite Index down 0.64 percent, at 2,891.34 points, Xinhua reports. The Shenzhen Component Index closed 1.01 per cent lower at 9,647...

EU citizens warned over missing Brexit residency deadline

-- November 14, 2019 13:45:28

Britain is threatening to deport European Union citizens if they fail to apply on time for a new immigration status after Brexit and will only grant leniency in exceptional circumstances, according to...

Indian court delays ruling on ban on women entering Hindu temple

-- November 14, 2019 12:59:18

India’s Supreme Court on Thursday referred a decision to lift a centuries-old ban on women of menstruating age entering a Hindu temple to a larger bench of judges, delaying a final verdict in th...