World economy

Last woman standing: Theresa May to be UK’s next PM

Last woman standing: Theresa May to be UK’s next PM

12 Jul 2016

Theresa May is set to take over from David Cameron as prime minister after her only rival Adrea Leadsom pulled out, which means that all the key Brexit campaigners are now out of frontline politics

Abe, allies win thumping majority in Japan upper house

Abe, allies win thumping majority in Japan upper house

11 Jul 2016

Abe’s coalition won a two-thirds ‘super majority’ in Japan’s upper house, which is seen as an endorsement of his economic policies or ‘Abenomics’ and to a lesser extent of his plans to revise the constitution

Bank overdrafts cost more than payday loans: UK consumer group report

09 Jul 2016

South China Sea dispute: follow India’s example, US tells China

09 Jul 2016

Dallas shootout ends after sniper kills 5 cops, hurts 7

Dallas shootout ends after sniper kills 5 cops, hurts 7

09 Jul 2016

In a coordinated attack amid protests over the shooting of an African-American man by police on Wednesday, gunmen opened fire on cops from rooftops, with the chief suspect killed by a after shooting several policemen

Obama administration unveils rules for drilling in Arctic

08 Jul 2016

Blair less than contrite after adverse report on Iraq war

Blair less than contrite after adverse report on Iraq war

07 Jul 2016

Tony Blair, the former prime minister who led Britain into war in Iraq in 2003, launched a defence of his legacy following the publication of the highly critical Chilcot report into the war

Fresh Bangla terror: blasts, shootout at Eid meet kill 3

07 Jul 2016

Top banks in West shed nearly $500 bn in market cap as NPAs loom

Top banks in West shed nearly $500 bn in market cap as NPAs loom

07 Jul 2016

Plunging share prices this year have erased half a trillion dollars or a quarter of the combined market value of at least 20 of the world’s major banks over concerns that banks may not be able to absorb the shock of rising loan delinquencies

FBI not to press charges against Clinton over ‘careless’ email use

06 Jul 2016

Online scammers exploiting Brexit fears to pass on malware and spyware

06 Jul 2016

Pound plunges to a 31-year low as voting begins to replace PM Cameron

05 Jul 2016

Brexit vote to delay RBS bank sell off by a couple of years

05 Jul 2016

UK political turmoil deepens as UKIP’s Farage quits

UK political turmoil deepens as UKIP’s Farage quits

05 Jul 2016

Nigel Farage, leader of the UK Independence Party and a key Brexit campaigner, said he was stepping down even as Labour ousted its leader Jeremy Corbyn and the leadership of the Conservatives remained wide open

Osborne to cut tax rates to keep business engaged as Brexit looms

Osborne to cut tax rates to keep business engaged as Brexit looms

04 Jul 2016

Britain will lower the 20 per cent tax rate for businesses to 19 per cent in 2017 and to 17 per cent in 2020 before bringing it down to 15 per cent

Brexit poses big risk to global economy, says IMF

02 Jul 2016

Bangladesh hostage crisis ends, at least 6 killed

Bangladesh hostage crisis ends, at least 6 killed

02 Jul 2016

Bangladeshi forces stormed an upscale Dhaka restaurant where heavily-armed terrorists held dozens of people hostage, killing at least six attackers and rescuing 13 captives

London Mayor Sadiq Khan appoints Rajesh Agrawal as deputy

30 Jun 2016

Oil struggles to maintain $50 mark as fears of output dip fade

Oil struggles to maintain $50 mark as fears of output dip fade

30 Jun 2016

Oil prices fell today, with Brent struggling to hold $50 per barrel as fears over outages due to a strike in Norway faded and as Nigeria's production improved, even as the economic outlook deteriorated

Vodafone considering shifting HQ outsider UK in Brexit fallout

29 Jun 2016

Crowds protest Brexit outside UK Parliament

Crowds protest Brexit outside UK Parliament

29 Jun 2016

The protest comes as a petition calling for a second referendum in the event of a vote of less than 60 per cent out of a minimum turnout of 75 per cent,  neared nearly 4 million votes

Normal ties with India not likely soon: Pakistan

29 Jun 2016

Brexit fallout: Moody’s cuts outlook on UK banks, insurers

29 Jun 2016

Despite Brexit, EU not to jettison English language just yet

Despite Brexit, EU not to jettison English language just yet

29 Jun 2016

The British can rest easy; although there is considerable clamour for the European Union to drop English as its official working language in the wake of Brexit, this will not happen any time soon

After Moody’s and S&P, Fitch downgrades post-Brexit UK

28 Jun 2016

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