Economy

Hong Kong lawmakers thwart Carrie Lam's annual address

By neglecting the truth and turning white to black, the US House of Representatives called arson, smashing of shops, and violently assaulting police officers ...


France looks to Russian Federation in Syria as U.S. withdraws

Speaking to reporters on a flight back from Baku, Erdogan said talks with Washington and Moscow on Syria's Kobane and Manbij towns continued, and added it w...


International Monetary Fund says India still the fastest-growing economy despite grim global projections

The report also lowered the 2020 forecast by a tenth to 3.4 percent. "Growth recovered in Turkey in the first half of the year following a deep contraction in...


Turkey’s Erdogan rejects the US ceasefire call

Things may yet get worse for American interests: Russian Federation is now reportedly "patrolling territory in northern Syria vacated by the Americans", fil...


Stocks surge on optimism about U.S.-China trade

A "substantial" interim trade deal has been agreed to with China, averting a tariff increase that had been planned for October 15, and auguring an export wind...


DUP won't support deal that leaves NI in European Union structures

British Prime Minister Boris Johnson and his Irish counterpart Leo Varadkar met on Thursday to talk about contentious border and customs issues. Speaking to r...


US, China to meet Thursday to overcome tariff war

Even a partial win would be a boon for Trump, who faces an impeachment firestorm and stinging criticism in Congress for his treatment of Kurdish allies in Syria...


Turkey Begins Military Operation in Northeast Syria

Milley of his stated decision Sunday to move US troops following a call with Turkish President Recep Tayyip Erdogan , who has threatened to attack Kurdish ...


White House Announces Turkey Will Soon Invade Syria

White House press secretary Stephanie Grisham confirmed USA troops "will not support or be involved in the operation" and "will no longer be in the immediate ar...


Asia Mixed Ahead of Trade Talks

Last week saw a string of soft US economic data that raised doubts on the assumption by many that the US economy will be more resilient than other economies to ...


America’s factories just suffered their worst month in a decade

Asian indexes fell with the Shanghai Composite down 0.9%, Japan's Nikkei down 0.5%, and Hong Kong's Hang Seng down 0.4%. ISM's trade gauges showed Ame...


United States stocks end sharply lower on deepening economic fears

The Dow Jones Industrial Average lost nearly 500 points Wednesday, its second big drop in a row. The industrial and materials sectors also fell more than 2% e...


IHS Markit US Manufacturing PMI Rises in September

Readings over 50% sign enterprise situations are getting higher, beneath 50% signifies they're getting worse. The Institute for Supply Management's purchasing...


Peloton pedals its way to the high end of its IPO price

Yet some of the most prominent unicorns have stumbled on Wall Street, with investors cautious about their profit potential, as well as an uncertain economic out...


Philip Morris, Altria call off merger talks

Tobacco giants Altria and Philip Morris, which were once one company, have ended their discussions to reunite in a colossal merger that could have been worth ...


Pelosi: House to launch Trump impeachment inquiry

Trump and his allies, including his lawyer Rudy Giuliani, have made the case that Biden inappropriately pressured Ukraine to fire a prosecutor who at one point...


Germany, UK, France blame Iran for Saudi oil attacks

The Trump administration announced Friday that it would send additional us troops and missile defence equipment to Saudi Arabia and the United Arab Emirates...


Iran Tells U.S. 'Stay Away': Seeks Lead in Persian Gulf Security

Taking on a much more amiable tone, Rouhani said the Tehran government is focusing on improving regional relationships and wants to "extend the hand of friend...


Walmart to stop sales of e-cigarettes in U.S. stores

Walmart continues to sell guns and traditional cigarettes, but it has imposed new limits on those products. Though inventory varied from store to store, accor...


Nirmala Sitharaman announces cut in corporate tax: All you need to know

The effective corporate tax rate for companies will be around 25%, inclusive of surcharges, she said. Factoring in surcharge and cess, the effective tax rate ...