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Back to homepageWall Street falls on geopolitical tensions, recession fears
NEW YORK: U.S. stocks dropped in a broad sell-off on Monday as simmering geopolitical tensions spooked equity investors and drove a bond market rally while the protracted U.S.-China trade war stoked fears of impending recession. All three major U.S. stock
Read More‘Support or participate in protest, and you’ll get fired’
HONG KONG: Hong Kong carrier Cathay Pacific warned its staff on Monday that they could be fired if they “support or participate in illegal protests”, as the airline comes under pressure from Beijing. The warning follows new regulations imposed by
Read MoreDark global economic outlook despite trade war
BERLIN: The economic outlook has deteriorated in all parts of the world over the summer due to an escalating trade dispute between the United States and China, a survey showed. Germany’s Ifo economic institute said its quarterly survey among nearly
Read MoreMalaysian voyeur in plane toilet charged in US
KUALA LUMPUR: Malaysian Lee Choon Ping became the first person to be charged under a law against video voyeurism in Houston, Texas, after allegedly planting a hidden camera in the toilet of a United Airlines flight in May. Lee was
Read MoreGuatemalan conservative heads for big presidential election win
GUATEMALA CITY: Conservative Alejandro Giammattei was poised for a decisive victory in Guatemala’s presidential election on Sunday, taking a commanding lead over his center-left rival, former first lady Sandra Torres, preliminary results showed. The next president is likely to face
Read MoreMichelle Obama for president, flouts ex-Trump strategist
WASHINGTON: Democrats eager to oust President Donald Trump in 2020 could pin their hopes on an eleventh-hour bid by former first lady Michelle Obama rather than the roughly two dozen candidates now in the mix, former White House strategist Steve
Read MoreUS – China trade war leading to recession fear
NEW YORK: Goldman Sachs Group Inc said on Sunday that fears of the U.S.-China trade war leading to a recession are increasing and that Goldman no longer expects a trade deal between the world’s two largest economies before the 2020
Read MorePolice and protesters refine battle tactics
HONG KONG: Hong Kong police and protesters clashed in cat-and-mouse encounters across the city on Sunday, marking a shift in tactics during a tenth straight weekend of unrest in the former British colony where people are chafing at Chinese rule.
Read MoreSaudi-led coalition moves against separatists in Yemen
ADEN: The Saudi-led coalition intervened in Aden on Sunday in support of the Yemeni government after southern separatists effectively took over the port city, fracturing the alliance that had been battling the Iran-aligned Houthi movement. The infighting, which broke out
Read MoreProtesters throng Hong Kong airport, property lobby calls for calm
HONG KONG: Demonstrators crowded the arrivals hall at Hong Kong airport on Friday, handing out anti-government leaflets and waving banners in a dozen languages in an effort to raise awareness among visitors ahead of a weekend of protests planned across
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