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World News

  • Abe`s election campaign puts BOJ policy in the back seat

    Abe's election campaign puts BOJ policy in the back seat  

    The Bank of Japan was once at the centre of Prime Minister Shinzo Abe's audacious reflationary drive, but with little to show for three years of massive stimulus it finds itself sidelined ahead of upper house election this weekend...

    06 Jul 2016, 3.08 pm  |  Source: Reuters

  • May leads three-horse PM race as Brexit hits pound and property

    May leads three-horse PM race as Brexit hits pound and property  

    Interior minister Theresa May opened up a strong lead on Tuesday in what is now a three-horse race to become Britain's next prime minister, but the first stage of voting was overshadowed by post-Brexit carnage for property investo...

    06 Jul 2016, 3.06 pm  |  Source: Reuters

  • BOJ-inspired ETFs struggle to get investors

    BOJ-inspired ETFs struggle to get investors  

    Japanese asset managers answered the Bank of Japan's call to set up exchange traded funds comprising companies who invest in their staff and facilities. But investors have not been attracted to the ETFs, even though the central ba...

    06 Jul 2016, 3.05 pm  |  Source: Reuters

  • London`s financial district urges fast action on EU trade terms

    London's financial district urges fast action on EU trade terms  

    Britain should move quickly to keep investment flowing and preserve the City of London's dominance in financial services after last month's vote to leave the European Union, the head of London's financial district said on Wednesda...

    06 Jul 2016, 3.03 pm  |  Source: Reuters

  • Trump vs Clinton race is like imaginary past vs future: Obama

    Trump vs Clinton race is like imaginary past vs future: Obama  

    US President Barack Obama has thrown his weight behind Hillary Clinton as he likened the presidential race between the former secretary of state and real estate tycoon Donald Trump to a choice between "future and imaginary pas...

    06 Jul 2016, 2.38 pm  |  Source: PTI

  • Google buys French startup that helps machines see

    Google buys French startup that helps machines see  

    Google announced a deal to buy Moodstocks, a French startup behind technology that helps smartphones recognise whatever they are aimed at.

    06 Jul 2016, 1.52 pm  |  Source: PTI

  • Trump vs Clinton is like imaginary past vs future: Obama

    Trump vs Clinton is like imaginary past vs future: Obama  

    US President Barack Obama has thrown his weight behind Hillary Clinton as he likened the presidential race between the former Secretary of State and real estate tycoon Donald Trump to a choice between “future and imaginary pastâ...

    06 Jul 2016, 11.58 am  |  Source: PTI

  • May wins first round of voting to choose new British PM

    May wins first round of voting to choose new British PM  

    UK home secretary Theresa May won the first round as the Conservative party began voting today to choose a new party leader who will go on to succeed David Cameron as the British Prime Minister.

    06 Jul 2016, 10.10 am  |  Source: PTI

  • Emailgate: FBI recommends not bringing charges against Hillary

    Emailgate: FBI recommends not bringing charges against Hillary  

    FBI Director James Comey said his office is not recommending prosecutors bring charges against Hillary Clinton for her handling of classified information in connection to private email servers

    05 Jul 2016, 10.05 pm  |  Source: CNBC

  • Anarchy in the UK: Leaders jumping ship makes EU divorce messier

    Anarchy in the UK: Leaders jumping ship makes EU divorce messier  

    Days after UK voted in favour of leaving the European Union, the major architects of the Brexit movement have decided to step away from the thick of things.

    05 Jul 2016, 8.50 pm  |  Source: Moneycontrol.com

  • Treasury yields sink to all-time low on China, Brexit worries

    Treasury yields sink to all-time low on China, Brexit worries  

    US government bond yields, the benchmark for global borrowing costs, hit an all-time low on Tuesday and the yen jumped as weak Chinese data and Brexit worries triggered a fresh scramble for the safest and most liquid assets.

    05 Jul 2016, 8.19 pm  |  Source: Reuters

  • China needs `extraordinary` measures to fight pollution: govt

    China needs 'extraordinary' measures to fight pollution: govt  

    China needs to take "extraordinary" measures to meet pollution control targets set in 2013 despite improved air quality in various cities including highly-polluted capital Beijing, authorities said on July 5

    05 Jul 2016, 8.16 pm  |  Source: PTI

  • ID fraud in UK up by 57% as thieves `hunt` on social media

    ID fraud in UK up by 57% as thieves 'hunt' on social media  

    The number of victims of identity theft in the UK rose by 57 percent last year and social media sites like Facebook, Twitter and LinkedIn have become a "hunting ground" for identity thieves, according to figures released on July 5...

    05 Jul 2016, 7.24 pm  |  Source: PTI

  • NASA`s spacecraft loops successfully into Jupiter`s orbit

    NASA's spacecraft loops successfully into Jupiter's orbit  

    NASA'S Juno spacecraft capped a five-year journey to Jupiter on July 4 with a do-or-die engine burn that looped it into orbit to probe the origins of the biggest planet in the solar system and how it impacted the rise of life on E...

    05 Jul 2016, 5.31 pm  |  Source: Moneycontrol.com

  • Joseph Stiglitz backs Hillary to be the best US president

    Joseph Stiglitz backs Hillary to be the best US president   

    Joseph Stiglitz, Former Chief Economist at World Bank and Professor at Columbia University, believes that Hillary Clinton would be the best US President not only for India but for the whole world.

    05 Jul 2016, 3.32 pm  |  Source: CNBC-TV18

  • BoE cuts bks capital requirements as Brexit risks `crystallize`

    BoE cuts bks capital requirements as Brexit risks 'crystallize'  

    "There will be a period of uncertainty and adjustment following the result of the referendum. It will take time for the United Kingdom to establish new relationships with the European Union and the rest of the world. Some market a...

    05 Jul 2016, 3.14 pm  |  Source: CNBC

  • IKEA to recall over 7600 child safety gates in China

    IKEA to recall over 7600 child safety gates in China  

    The products to be recalled, which were made in Denmark, were produced between 1998 and 2016, the General Administration of Quality Supervision, Inspection and Quarantine said in a statement.

    05 Jul 2016, 2.58 pm  |  Source: PTI

  • Big solar is leaving rooftop systems in the dust

    Big solar is leaving rooftop systems in the dust  

    The cost of electricity from large-scale solar installations now is comparable to and sometimes cheaper than natural gas-fired power, even without incentives aimed at promoting environmentally friendly power, according to industry...

    05 Jul 2016, 2.23 pm  |  Source: Reuters

  • NASA`s Juno spacecraft enters Jupiter`s orbit

    NASA's Juno spacecraft enters Jupiter's orbit  

    As America celebrated its Independence Day, mission controllers at NASA's Jet Propulsion Laboratory (JPL) erupted in cheers when the USD 1.1 billion Juno spacecraft sent home the news of successfully executing a 35-minute engine b...

    05 Jul 2016, 1.22 pm  |  Source: PTI

  • China plans $9 billion loan for Bangladesh

    China plans $9 billion loan for Bangladesh  

    Bangladesh wants to use the low-interest loans to build at least six rail projects connecting its capital Dhaka with key domestic industrial areas and the Indian border.

    05 Jul 2016, 12.34 pm  |  Source: PTI

  • Samsung set for best quarter in over 2yrs on Q2 smartphone boost

    Samsung set for best quarter in over 2yrs on Q2 smartphone boost  

    The South Korean giant will disclose its estimates for second-quarter earnings on Thursday, with analysts predicting a strong mobile division contributed to a 13 percent jump in operating profit from the same period a year earlier...

    05 Jul 2016, 9.39 am  |  Source: Reuters

  • Brexit mess boosts prospects of Asia central bank easings

    Brexit mess boosts prospects of Asia central bank easings  

    Economists warn delayed investment decisions and a hit to jobs and consumption from Brexit will hurt exports from Asia's trade-reliant economies, which are already reeling from weak external demand, particularly from China.

    05 Jul 2016, 8.38 am  |  Source: Reuters

  • China Caixin services PMI jumps in June to 52.7

    China Caixin services PMI jumps in June to 52.7  

    The China Caixin services purchasing managers' index (PMI) climbed to 52.7 from 51.2 in May, marking the fastest increase in 11 months. Levels above 50 indicate expansion, while levels below signal contraction. Reuters reported th...

    05 Jul 2016, 7.53 am  |  Source: CNBC

  • Indian-origin former Barclays trader convicted in Libor trial

    Indian-origin former Barclays trader convicted in Libor trial  

    Three former Barclays traders have been found guilty by a London jury of conspiring to fraudulently manipulate global benchmark interest rates in a stark warning to junior bankers and a major victory for Britain's Serious Fraud O...

    04 Jul 2016, 10.29 pm  |  Source: Reuters

  • EU exit could cut UK GDP by 1.5-4.5% by 2019: IMF`s Lagarde

    EU exit could cut UK GDP by 1.5-4.5% by 2019: IMF's Lagarde  

    A European Union exit could cut Britain's gross domestic product by anywhere between 1.5 and 4.5 percentage points by 2019, IMF chief Christine Lagarde said in an interview published in Le Monde newspaper on Monday.

    04 Jul 2016, 10.29 pm  |  Source: Reuters

  • Brexit campaigner Nigel Farage steps down as UKIP leader

    Brexit campaigner Nigel Farage steps down as UKIP leader   

    Speaking on Monday, Farage told reporters that he had "done his bit" and would stand down. He said he would continue to support the party and other independence movements in the European Union (EU).

    04 Jul 2016, 3.44 pm  |  Source: CNBC

  • 91% airlines preparing to invest in cyber security

    91% airlines preparing to invest in cyber security  

    The SITA Airline IT Trends 2016 Survey on the world's top 200 airlines has inferred "that the cyber security in airlines is progressing".

    04 Jul 2016, 3.32 pm  |  Source: PTI

  • Brexit vote shakes up London property market

    Brexit vote shakes up London property market  

    London property has long been a magnet for foreign investors, be it extravagant homes or iconic commercial real estate, and prices in the capital have sky-rocketed.

    04 Jul 2016, 12.01 pm  |  Source: Reuters

  • Facebook to break language barriers with new tool soon

    Facebook to break language barriers with new tool soon  

    The world's largest social networking site announced that its own developers have built a multilingual composer. The tool enables users to compose a single post that will appear in multiple languages. Other users will see that pos...

    04 Jul 2016, 10.50 am  |  Source: PTI

  • Fed`s Fischer: We have no plans to try negative interest rates

    Fed's Fischer: We have no plans to try negative interest rates   

    Federal Reserve Vice Chairman Stanley Fischer said Friday that it was too soon to tell whether Britain's vote to leave the European Union had changed the US economic outlook.

    04 Jul 2016, 9.18 am  |  Source: CNBC

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