World economy

Obama vows action against Russia over alleged poll meddling

Obama vows action against Russia over alleged poll meddling

16 Dec 2016

President Obama says the US will take retaliatory action against Russia for its alleged efforts to influence the presidential election – which could put him in direct confrontation with president-elect Donald Trump

Deal on Britons living in EU, vice versa tops Theresa May’s agenda

16 Dec 2016

Russia, Japan agree on joint development of disputed islands

Russia, Japan agree on joint development of disputed islands

16 Dec 2016

Russia and Japan have finally hammered out an agreement to jointly develop the four disputed islands in Northern Pacific that are claimed by both

Putin directly involved in US Democratic ‘Hackgate’: reports

Putin directly involved in US Democratic ‘Hackgate’: reports

15 Dec 2016

US intelligence officials say they believe Russian President Vladimir Putin was directly involved in efforts to disrupt this year’s US presidential election, NBC News reported

Eiffel Tower goes dark in support of Aleppo civilian victims

15 Dec 2016

US Fed hikes rates to 0.50-75%, signals further tightening

US Fed hikes rates to 0.50-75%, signals further tightening

15 Dec 2016

The Fed anticipates three more rate hikes in 2017, to be followed by another three through 2018 and 2019 before the rate levels off at a long-run 'normal' 3.0 per cent

US environment regulator unsure about water contamination from fracking

14 Dec 2016

Trump should divest himself of his business to avoid conflict of interest: US ethics office

14 Dec 2016

Exxon CEO's appointment as secretary of state faces Senate hurdle

14 Dec 2016

Venezuela scraps largest-denomination banknote

13 Dec 2016

Exxon chief Rex Tillerson to be Trump’s secretary of state

Exxon chief Rex Tillerson to be Trump’s secretary of state

13 Dec 2016

The selection of Exxon CEO Tillerson as America’s top diplomat has raised Republican hackles due to his close ties with Russian President Vladimir Putin, and a messy confirmation battle in the Senate may be in the offing

Trump questions America’s ‘one China’ policy, irks Beijing

Trump questions America’s ‘one China’ policy, irks Beijing

13 Dec 2016

US President-elect Donald Trump said on Sunday the United States did not necessarily have to stick to its long-established position that Taiwan is part of ‘one China’, prompting a furious protest from the Asian giant

Exxon Mobil chief executive Rex Tillerson emerges top candidate for secretary of state

10 Dec 2016

Chinese state media chides Mongolia for seeking Indian financial aid

10 Dec 2016

Trump vows to end H1B visa woes of American workers

Trump vows to end H1B visa woes of American workers

10 Dec 2016

Donald Trump won the US Presidential election riding a wave of anti-immigrant sentiment, especially against the influx of South Americans and Muslims, into the United States

EU acts against Germany, UK and five others countries over Volkswagen diesel scandal

09 Dec 2016

Mobile money access lifted 2% of Kenyan households out of poverty, finds new study

Mobile money access lifted 2% of Kenyan households out of poverty, finds new study

09 Dec 2016

The expansion of mobile money, introduced in Kenya in 2007, now reaches 96 per cent of the country's households, helping to bring hundreds of thousands of Kenyans out of poverty, especially those in female-headed households

Germany’s Merkel vows to ban full-face veil, curb refugee influx

08 Dec 2016

Michigan election officials seek clarity on recount

07 Dec 2016

S Korean business tycoons face questions in parliament over donations for favours scandal

06 Dec 2016

Italian PM Renzi quits, delays departure till budget

Italian PM Renzi quits, delays departure till budget

06 Dec 2016

Although Matteo Renzi’s resignation was triggered by the rejection of his constitutional reforms, it is being seen in the wider backdrop of the rise of populist forces globally, and a possible Italian exit from the EU

Battle over Brexit moves to top UK court amid rising passions

Battle over Brexit moves to top UK court amid rising passions

06 Dec 2016

The British government launched a Supreme Court battle on Monday to decide whether the executive has the power to trigger the formal process of leaving the European Union, without seeking Parliamentary approval

Full text of Heart of Asia Summit declaration:

05 Dec 2016

Heart of Asia Summit adopts declaration against terror and its backers

Heart of Asia Summit adopts declaration against terror and its backers

05 Dec 2016

Prime Minister Narendra Modi has called for action not just against forces of terrorism but also against those who support, shelter, train and finance them

Humanity on brink as AI to decimate jobs: Stephen Hawking

Humanity on brink as AI to decimate jobs: Stephen Hawking

03 Dec 2016

The automation of factories has already decimated jobs in traditional manufacturing, and the rise of artificial intelligence is likely to extend this job destruction deep into the middle classes, warns Stephen Hawking

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