United States

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    US bond yields near 7-yr high stymie world stocks’ recovery

    Reuters . London | Updated at 12:05am on October 11, 2018

    World stocks flat lined on Wednesday just above eight-week lows, curbed by US long-dated borrowing costs near multi-year peaks, renewed fears for the global economy...

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    Export earnings from India skyrocket by 142pc in Q1

    Staff Correspondent | Updated at 12:05am on October 11, 2018

    Country’s export earnings from neighbouring India posted a whopping 142 per cent growth in the first quarter of the current fiscal year while the earnings...

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    Category 4 hurricane slams into Florida

    Agence France-Presse . Panama City | Updated at 02:00am on October 11, 2018

    Hurricane Michael slammed into the Florida coast on Wednesday as the most powerful storm to hit the southern US state in more than a century...

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    Trump's UN envoy Haley resigns, rules out 2020 run for office

    Reuters . Washington | Updated at 10:45am on October 10, 2018

    Nikki Haley, a rising Republican star, said on Tuesday she was stepping down as US ambassador to the United Nations, but knocked down speculation that...

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    China slashes US LPG imports amid trade war

    Reuters . Singapore | Updated at 12:05am on October 10, 2018

    China has choked back on imports of liquefied petroleum gas (LPG) from the United States, traders and analysts said, turning to the Middle East for...

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    US ambassador to UN Nikki Haley resigns

    Reuters . Washington | Updated at 12:05am on October 10, 2018

    The US ambassador to the United Nations, Nikki Haley, is resigning ‘to take a little time off,’ president Donald Trump said on Tuesday, as she...

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    Trump apologises to Kavanaugh, declares him ‘proven innocent’

    Reuters . Washington | Updated at 10:22am on October 09, 2018

    US Supreme Court Justice Brett Kavanaugh sought to put a bruising confirmation battle behind him on Monday at a White House ceremony in which president...

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    US economists share Nobel prize

    Agence France-Presse . Stockholm | Updated at 01:00am on October 09, 2018

    US economists William Nordhaus and Paul Romer on Monday shared the 2018 Nobel Economics Prize for integrating innovation and climate with economic growth, the jury...

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    US needs answers on Saudi journalist: Washington Post

    Agence France-Presse . Washington | Updated at 10:58am on October 08, 2018

    The United States should ‘demand answers’ from Saudi Arabia about the disappearance and alleged killing of journalist Jamal Khashoggi, The Washington Post said late Sunday...

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    Wall St week ahead: transportation stocks’ bull run may slow

    Reuters . New York | Updated at 12:05am on October 08, 2018

    The US transportation sector, which many see as a proxy indicator of the economy’s health, has retreated 3.1 per cent from its Sept 14 record,...