World economy
Venezuela scraps largest-denomination banknote
13 Dec 2016
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
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
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
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
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
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
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
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
India rules out talks with Pakistan at Heart of Asia meet
02 Dec 2016
New Delhi has shot down any chance for a bilateral dialogue as Prime Minister Nawaz Sharif’s foreign affairs adviser heads to Amritsar for a key regional summit