World economy

Fed leaves interest rates unchanged, delays monetary tightening

28 Jul 2016

The US Federal Reserve left its policy interest rates unchanged, saying near-term risks to the US economic outlook have diminished

Hillary creates history as first woman presidential candidate

27 Jul 2016

After Hillary Clinton became the first woman to be nominated for president by a major political party, husband and former President Bill Clinton made a powerful speech that erased much of the negativity created by Bernie Sanders supporters

Bitcoin is not money, can’t be ‘laundered’, rules US judge

27 Jul 2016

In a case that the judge herself described as ‘fascinating’, a circuit court threw out a case built by Miami police against a bitcoin trader, ruling that the virtual currency is not money and therefore technically can’t be used for ‘money-laundering’

Bangladesh police kill 9 militants in shootout

27 Jul 2016

Miffed with Obama, half-brother Malik to vote Trump

26 Jul 2016

President Barack Obama's half-brother Malik Obama says he will vote for Republican nominee Donald Trump in the US election in November because he likes the candidate and is unhappy with his brother's leadership

Turkey holds 42 scribes in crackdown after failed coup

26 Jul 2016

Clinton campaign claims Russia behind hack attack on DNC

26 Jul 2016

10,000 homes evacuated in Southern California as wild fire rages

26 Jul 2016

Asean deadlocked in dealing with South China Sea challenge

25 Jul 2016

Pak paper slams PM Sharif’s belligerent Kashmir rhetoric

25 Jul 2016

In an unusual development, a Pakistani newspaper has criticised its Kashmir policy. Referring to Prime Minister Nawaz Sharif saying he was waiting for the day all of Kashmir would join Pakistan, the Daily Times on Sunday urged him not to indulge in "wishful thinking"

Clinton chooses Virginia veteran Tim Kaine as running mate

23 Jul 2016

Democratic presidential candidate Hilary Clinton has opted for experience and steadiness in choosing Timothy Kaine, a former Virginia governor and Richmond mayor, as her running mate

World economy faces growing risks after Brexit: IMF

23 Jul 2016

Munich terror: gunman mows down 9 before killing himself

23 Jul 2016

No jihadist group has so far claimed responsibility for the lone-wolf attack in which a man of Iranian origin gunned down 9 people and injured several others at a shopping mall before committing suicide

New UK Chancellor Hammond vows more spending as UK economy shrinks

23 Jul 2016

Can Harry Potter defeat Donald Trump?

22 Jul 2016

A new study finds that Harry Potter books, with their message of tolerance and respect for difference, make Americans less favorable to Donald Trump -- and the more books read, the greater the effect

European Central Bank keeps interest rates at record low

22 Jul 2016

European Central Bank keeps interest rates at record low

21 Jul 2016

No rush to finalise Brexit, Merkel agrees with May

21 Jul 2016

May relinquishes Britain's presidency of European Council

21 Jul 2016

Prime Minister Theresa May took the first step towards Britain’s exit from the European Union on Wednesday by relinquishing Britain's presidency of the European Council

French lawmakers extend emergency rule by 6 months

20 Jul 2016

India urges more openness in UN sanctions regime

20 Jul 2016

IMF again cuts 2-year global outlook over Brexit jitters

20 Jul 2016

Cutting its World Economic Outlook forecasts for the fifth time in 15 months, the IMF said that it now expects global GDP to grow at 3.1 per cent in 2016 and at 3.4 per cent in 2017 - down 0.1 percentage point for each year from estimates issued in April