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World is sleepwalking towards another financial crisis, warns former UK PM Gordon Brown
According to former British Prime Minister Gordon Brown, who was in power when the collapse of the U.S. investment bank Lehman Brothers triggered the worst financial crisis, the world is leaderless and is now entering a period of vulnerability.
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Asian shares rebound from 14-month lows on hopes of fresh US-China trade talks, Turkish lira in focus
Asian shares won a reprieve on Thursday as news the Trump administration has reached out to China for a new round of trade talks raised hopes a deal could be struck in the bitter tariff dispute between the world’s two biggest economies.
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Myanmar leader Aung San Suu Kyi defends court decision to jail Reuters journalists
Myanmar government leader Aung San Suu Kyi on Thursday said two jailed Reuters journalists can appeal their seven-year sentence, and that their jailing had nothing to do with freedom of expression.
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US Shooting: Two gunman kills five in series of shootings in California
An unidentified gunman shot and killed five people in a series of shootings on Wednesday in Southern California before taking his own life, police said.
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US officials have reached out to China for new trade talks, claims source
The Trump administration has reached out to China for a new round of trade talks as it prepares to activate punitive U.S. tariffs on $200 billion worth of Chinese goods, two people familiar with the matter said.
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Apple Watch Series 4 with inbuilt ECG, fall-tracking sensors launched
Apple Inc unveiled larger iPhones and watches based on the design of current models on Wednesday, confirming Wall Street expectations that the company is making only minor changes to its lineup.
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Donald Trump signs order to impose sanctions for US election meddling
President Donald Trump on Wednesday signed an executive order to help protect U.S. elections from foreign interference by imposing sanctions on countries and other actors who seek to meddle, U.S. officials said.
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Apple’s new iPhones: All you need to know
Apple Inc is expected to blast further past the $1,000 price barrier.
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Nicaragua earthquake: Magnitude 5.3 quake hits Nagarote city
An earthquake of magnitude 5.3 struck 29 km west-southwest of the Nicaraguan city of Nagarote at a depth of 111 km, the U.S. Geological Survey reported on Wednesday.
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In Jharkhand, 14 die due to lack of Aadhaar, say activists; how ID cards can be a matter of life and death
Prem Malhar says his 50-year-old father died of hunger a few months ago because he did not have the Indian government’s Aadhaar identity card that would have given him access to subsidised food.
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10 years of 2008 stock market crash! China is “one of the bigger risks” to global economy: BoE Governor
China’s financial system poses one of the bigger risks to global financial stability, Bank of England Governor Mark Carney said in an interview with the BBC to mark the 10th anniversary of the global financial crisis.
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Airline fuel efficiency improves but lags industry goals, says study
Airline fuel efficiency on transatlantic flights has improved by one percent a year since 2014 as carriers buy modern planes, but the industry still lags its own climate goals, a study released said.
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Facebook, Twitter support ‘national’ data privacy rules in US
A group representing major internet companies said on Tuesday it backed modernizing US data privacy rules.
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Asian stocks wobble near 14-month lows on simmering trade worries; crude extends gains
MSCI’s broadest index of Asia-Pacific shares outside Japan lost 0.05 percent, hovering near its lowest levels plumbed since July 2017 on Monday.
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Trade war: Donald Trump says US is taking a tough stance with China
President Donald Trump said on Tuesday that the United States was taking a very tough stance with China on trade.
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Pakistan to allow jailed ex-PM Nawaz Sharif to attend wife’s funeral
The cancer-stricken wife of Pakistan’s jailed former prime minister Nawaz Sharif died in London on Tuesday while her husband and daughter were in prison, officials said.
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Samsung doubles down in India, opens its biggest store world-wide in Bengaluru
Samsung Electronics Co Ltd opened its biggest mobile store in the world in India on Tuesday as it tries to take pole position in the world’s second-biggest smartphone market amid fierce competition from Chinese brands.
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Asia shares struggle to shake off trade war stress, pound rises on Brexit talk
Asian shares were struggling to avoid a ninth straight session of losses on Tuesday as the spectre of a Sino-U.S. trade war haunted investors, while the pound perched near a five-week top on hints a Brexit deal might be nearer.
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Hurricane Florence: US’ most powerful storm in nearly 30 years to near Carolinas intensifies; over 1 million citizens told to evacuate
More than 1 million people along the Carolina coast fled toward higher ground on Monday in a mass evacuation ordered three days before the expected arrival of Hurricane Florence, a Category 4 storm and the most powerful to menace the region in nearly three decades.
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North Korea’s Kim Jong Un asks Donald Trump for another meeting in new letter
Donald Trump received a letter from North Korean leader Kim Jong Un about scheduling a second meeting between the two leaders.
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UK’s Conservative Party facing catastrophic split, Boris Johnson steps up attacks on PM Theresa May
British Prime Minister Theresa May’s Conservative Party faces a “catastrophic split” if she persists with her proposals on Brexit, which 80 or more of her lawmakers are prepared to vote against, a former junior minister said.
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US-China trade war spreads to European stock market! Volvo Cars drops IPO plans
Volvo Cars and its owner Geely said on Monday they had postponed plans to float shares in the Swedish carmaker, blaming trade tensions and a downturn in automotive stocks.
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United Nations’ Michelle Bachelet presses for new body on crimes against Myanmar Rohingya
United Nations human rights chief Michelle Bachelet called on Monday for a new quasi-judicial body to collect evidence with a view to future prosecution of crimes against Muslim Rohingya in Myanmar including murder and torture.
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Banning imports of luxury cars, smartphones, cheese on Pakistan’s radar, as it seeks to escape IMF bailout
Pakistani economic advisors discussed banning imports of luxury cars, smartphones and cheese in a wide-ranging strategy session on how to avoid seeking a bailout from the International Monetary Fund (IMF), a senior government advisor said.
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South Sudan plane crash: At least 19 killed in accident
At least 19 people died in South Sudan on Sunday when a small aircraft carrying passengers from capital Juba to the city of Yirol crashed, an official said.
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Jack Ma to step down in September 2019, Alibaba CEO Daniel Zhang to take over as chairman
Jack Ma was an English teacher before starting Alibaba in 1999 and turning it into a multibillion-dollar internet company in less than two decades.
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Asian shares on slippery slope as Donald Trump raises stake in trade war, dollar gains
Adding to the tensions, data out Friday showed China’s trade surplus with the United States widened to a record in August, an outcome that could further inflame Sino-U.S. trade tensions.
