Fri, 19 Aug 2022

Consumers suffer as UK inflation reaches double digits

LONDON, England: As surging food costs are further squeezing household budgets, inJuly consumer price inflation in the UK jumped to ...

India expects tripling of silver imports as demand jumps

NEW DELHI, India: After a decline in prices reaching a 2-year low encouraged investors to purchase silver in 2022, India's ...

Hedge fund Third Point buys Disney stake, says ESPN should be sold

NEW YORK CITY, New York: The American hedge fund Third Point has purchased a stake worth some $1 billion in ...

U.S. stock markets tread water as greenback takes center stage

NEW YORK, New York - Investors were divided on Thursday as to where to send U.S. stocks. Jitters about inflation, ...

Through investments, European Union seeks to gain influence in Pacific

WELLINGTON, New Zealand: During his visit to New Zealand, Ambassador Sujiro Seam, Head of the Delegation of the European Union ...

Noodle makers ask to increase prices after 14-years in Thailand

BANGKOK, Thailand: Instant noodle makers have asked Thailand to allow them to increase their prices to meet rising costs, which ...

U.,S. stocks back on the defensive, Nasdaq drops 164 points

NEW YORK, New York - U.S. industrial stocks interrupted their five-day rally on Wednesday with all the major indices losing ...

Thailand to spend $62 billion to build industry in east

BANGKOK, Thailand: Thailand seeks to invest $61.97 billion in its industrial eastern region over the next five years, in a ...

Saudis buy stake in Russian energy companies, spend billions

JEDDAH, Saudi Arabia: In a Twitter post published this week, Saudi Arabia's Kingdom Holding said it had invested in Russian ...

Asian stocks rally across the board, Nikkei 225 surges 354 points

SYDNEY, NSW, Australia - Stock markets across the Asia Pacific region rallied on Wednesday.In Japan, the Nikkei 225 surged 353.86 ...

Poor crane, inexperienced operator among causes of tragic deaths by girder fall

DHAKA, Bangladesh A preliminary investigation into the tragic crane accident that killed five people in Uttara on Monday has found ...

Proposed Vietnam bullet train would run north-south 960 miles

HANOI, Vietnam: The Vietnamese government is considering building a high-speed railway, with a possible cost of up to $58.7 billion, ...

U.S. stocks have mixed day, Nasdaq Composite slides 26 points

NEW YORK, New York - Stocks were decidedly mixed in the U.S. on Tuesday as investors struggled to make a ...

Billionaire Indian trader Rakesh Jhunjhunwala dead at 62

DELHI, India: Dubbed the country's Warren Buffett, India's best-known stock investor and self-made billionaire, Rakesh Jhunjhunwala, died on August 14 ...

New money transfers spell end of credit card, says Brazil bank chief

SAO PAULO, Brazil: Brazil's central bank chief Roberto Campos Neto has said that he believes credit cards will cease to ...

Fears of global recession keep Asian stocks on edge

SYDNEY, NSW, Australia - Stocks in China were flat to lower on Tuesday as investors weighed up the disappointing economic ...

UK Labor Party calls for limit on energy prices

LONDON, England: Reports from the UK's opposition Labour Party said its leader, KeirStarmer, will call for a freeze on energy ...

Covid tests for vaccinated passengers dropped by cruise lines

MIAMI, Florida: Carnival cruise lines, including Carnival Cruise, Princess Cruises and Cunard, have made plans to drop mandatory COVID-19 testing ...

U.S. stocks gain ground, Nasdaq Composite climbs 81 points

NEW YORK, New York - U.S. stocks continued to mend fences on Monday, with gains by all the major indices."I ...

Dublin to see construction of new Amazon data centers in Ireland

DUBLIN, Ireland: Amazon has received permission to build two new data centers in north Dublin. The Dublin City Council approved ...

As world economy slows, price of copper falls

LONDON, England: Despite a recent rebound, speculators in the international copper market, considered an indicator of the world's economic health, ...

Japan's Nikkei 225 gains 325 points despite disappointing data out of China

SYDNEY, NSW, Australia - Disappointing economic data released Monday has triggered a slackening of key interest rates by the Bank ...

Nepal-China relationship elevated to a "strategic partnership"

BEIJING, China - Following a meeting of the two countries foreign ministers, China and Nepal agreed to build the Trans-Himalayan ...

Details released on plan to charge $23 to drive into New York City

NEW YORK CITY, New York: After a study released on Wednesday projected a 15 to 20 percent reduction in the ...

Russian Central Bank reports economy down 4% in second quarter

MOSCOW, Russia: Financial information released by the Rosstat federal statistics service this week indicated that Russia's economy shrank 4 percent ...

Businesses Wary of China's Military Activity Surrounding Taiwan

WASHINGTON - As Chinese military exercises around Taiwan become the new normal, foreign companies are reassessing the risks and costs ...

Australia's inflation rate is to go monthly. Be careful what you wish for

Australia's consumer price index is about to go monthly, meaning Australia will join most of the developed world in getting ...

Inflationary psychology could make things worse, but for now it's in check

With the world is experiencing inflation levels not seen since the 1980s, central banks are caught between warning of the ...

After losing Joey Votto, Reds open series in Pittsburgh

The Cincinnati Reds will hit the road to face the Pittsburgh Pirates on Friday not long after their first baseman, ...

Chinese factories flock to Mexico to avoid Trump-era tariffs

Monterrey [Mexico], August 19 (ANI): Chinese factories have flocked to areas of Mexico that border the United States in a ...

Bangladesh fixes ceiling on USD trading for money exchangers

© Provided by Xinhua DHAKA, Aug. 19 (Xinhua) -- The central bank of Bangladesh has fixed a ceiling on U.S. ...

Survey tells what's "China in Young Eyes" of Cambodia

© Provided by Xinhua According to a recent survey, the top 10 keywords describing China-Cambodia relations are Belt and Road ...

An economist explains: What you need to know about inflation

Inflation is one of the most pressing political and economic issues of the moment, but there are many misconceptions about ...

China ramps up gold buying Bloomberg

Imports from Switzerland have jumped to their highest level since 2016China shipped in more than 80 tons of gold from ...

"People far away have a tendency to walk away": Jaishankar defends ties with Myanmar referring to Afghanistan

New Delhi [India], August 18 (ANI): Referring to the situation in Afghanistan after the US exit, External Affairs Minister S ...

Members of German parliament visit Western Naval Command in Mumbai

Mumbai (Maharashtra) [India], August 18 (ANI): A four-member German delegation led by Jurgen Hardt, Member of German Bundestag, visited the ...

Trainer Chad Brown under arrest on 'obstruction of breathing' charge

Trainer Chad Brown, the winner of the 2022 Preakness Stakes with Early Voting, was arrested on a charge of "obstruction ...

Sensex rebounds 352 points from day's low; closes 38 points higher

Mumbai (Maharashtra) [India], August 18 (ANI): The Indian stock market's benchmark Sensex closed 38 points higher in a volatile session ...

Jaishankar extends wishes to Egypt on 75th anniversary of diplomatic relations

New Delhi [India], August 18 (ANI): External Affairs Minister S Jaishankar on Thursday extended his wishes to his Egyptian counterpart ...

China's non-financial ODI up 4.4 percent in Jan.-July

© Provided by Xinhua BEIJING, Aug. 18 (Xinhua) -- China's non-financial outbound direct investment (ODI) reached 424.28 billion yuan in ...

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Asian stocks finish mixed on Friday, NZ index slips 130 points

SYDNEY, NSW, Australia - Stocks were in the doldrums in Asia on Friday as investors weighed up potential Federal Reserve ...

Consumers suffer as UK inflation reaches double digits

LONDON, England: As surging food costs are further squeezing household budgets, inJuly consumer price inflation in the UK jumped to ...

India expects tripling of silver imports as demand jumps

NEW DELHI, India: After a decline in prices reaching a 2-year low encouraged investors to purchase silver in 2022, India's ...

Hedge fund Third Point buys Disney stake, says ESPN should be sold

NEW YORK CITY, New York: The American hedge fund Third Point has purchased a stake worth some $1 billion in ...

U.S. stock markets tread water as greenback takes center stage

NEW YORK, New York - Investors were divided on Thursday as to where to send U.S. stocks. Jitters about inflation, ...

Through investments, European Union seeks to gain influence in Pacific

WELLINGTON, New Zealand: During his visit to New Zealand, Ambassador Sujiro Seam, Head of the Delegation of the European Union ...

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Abbott Ireland announces expansion plans, new jobs

DONEGAL, Ireland - Announcing plans to expand its workforce in Donegal, the U.S. healthcare giant Abbott unveiled plans to create 500 new jobs in the country.Abbott Ireland currently hires c ...

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