International

Germany seeks common European response on Saudi arms sales over Khashoggi killing

Views - 4 Monday, 29 October 2018 00:00

ISTANBUL (Reuters): Germany, which has pledged to suspend arms exports to Saudi Arabia over the killing of journalist Jamal Khashoggi, said on Saturday it expects the European Union to adopt a common position on potential limits to weapons sales. The


China, Japan to forge closer ties at ‘historic turning point’

Views - 2 Monday, 29 October 2018 00:00

Beijing (Reuters): China and Japan on Friday pledged to forge closer ties as both countries stood together at an “historic turning point”, signing a broad range of agreements including a $30 billion currency swap pact, amid rising trade tensions


China, Japan to forge closer ties at ‘historic turning point’

Views - 2 Saturday, 27 October 2018 00:00

BEIJING (Reuters): China and Japan on Friday pledged to forge closer ties as both countries stood together at an “historic turning point”, signing a broad range of agreements including a $30 billion currency swap pact, amid rising trade tensions


Saudi Arabia now says Khashoggi murder ‘premeditated’

Views - 3 Saturday, 27 October 2018 00:00

Dubai/Istanbul (Reuters): Saudi Arabia’s public prosecutor said on Thursday the murder of journalist Jamal Khashoggi in the kingdom’s Istanbul consulate this month was premeditated, reversing previous official statements that the killing was unin


FBI searches Florida mail centre in hunt for sender of package bombs

Views - 2 Saturday, 27 October 2018 00:00

MIAMI (Reuters): Federal agents searched a US mail facility near Miami on Thursday night racing to find who sent 10 pipe bombs to prominent Democrats and critics of US President Donald Trump as leads pointed to Florida as the possible origin of the p


Trump may send US troops to Mexico border, but migrants undeterred

Views - 1 Saturday, 27 October 2018 00:00

Washington/Pijijiapan, Mexico (Reuters): US President Donald Trump’s administration may send up to 1,000 active-duty troops to the US-Mexico border, officials said on Thursday, as Trump hammered away at the issue of illegal immigration two weeks ah


Asian stocks hit 20-month lows, S&P futures slide as investors flee risk

Views - 3 Saturday, 27 October 2018 00:00

SHANGHAI (Reuters): Asian shares skidded to 20-month lows, S&P futures fell sharply and China’s yuan weakened at the end of a turbulent week for financial markets on Friday, as anxiety over corporate profits added to lingering fears about global tr


Stocks plunge as global growth, US earnings spook investors

Views - 3 Friday, 26 October 2018 00:01

SYDNEY (Reuters): Asian shares plunged on Thursday as hundreds of billions of dollars hemorrhaged from global markets after a rout in tech stocks inflicted the largest daily decline on Wall Street since 2011, wiping out all its gains for the year. St


Oil prices pulled down by global stock market plunge

Views - 3 Friday, 26 October 2018 00:01

SINGAPORE (Reuters): Oil prices fell on Thursday as Asian shares plunged in the wake of Wall Street’s biggest daily decline since 2011, while spreadbetters pointed to a subdued start for European markets.


Obama, Clinton among targets of suspected bombs ahead of US election

Views - 4 Friday, 26 October 2018 00:01

WASHINGTON/NEW YORK (Reuters): Former US President Barack Obama and former Secretary of State Hillary Clinton were among the targets of suspected package bombs delivered to several high-profile Democrats and CNN, which the FBI said it was investigati


As winter comes, NATO kicks off largest manoeuvres since Cold War

Views - 4 Friday, 26 October 2018 00:01

OSLO (Reuters): Military forces from 31 countries began NATO’s largest exercise in decades, stretching from the Baltic Sea to Iceland, on Thursday, practicing military manoeuvres close to Russia, which itself held a huge military drill last month.


China, Japan seek warmer ties against backdrop of US trade friction

Views - 5 Friday, 26 October 2018 00:01

TOKYO (Reuters): Japan’s Prime Minister arrived in Beijing on Thursday for his first formal bilateral summit with Chinese leaders in seven years as the Asian rivals seek to build on a thaw in ties against a backdrop of trade friction with the Unite


Brent stable after hefty losses as Iran sanctions return to focus

Views - 6 Thursday, 25 October 2018 00:00

SINGAPORE (Reuters): Brent crude prices stabilised on Wednesday after heavy losses the day before, with looming US sanctions against Iran back in focus. Front-month Brent crude oil futures LCOc1 were at $76.52 a barrel at 0658 GMT, up 1 cent from the


Asia stocks edge up on China stimulus hopes, oil near two-month lows

Views - 6 Thursday, 25 October 2018 00:00

TOKYO (Reuters): Asian stocks turned up on Wednesday as fresh signs of stimulus from China propped up sentiment despite Wall Street’s overnight losses, while crude oil approached two-month lows after Saudi Arabia flagged possible supply increases.


Euro zone businesses hit the brakes in October

Views - 5 Thursday, 25 October 2018 00:00

London (Reuters): Euro zone business growth lost far more momentum than expected as it entered the final quarter of 2018, dragged down by waning orders that put a big dent in confidence, a survey showed on Wednesday. October’s disappointing survey


French business growth expanded in October PMI

Views - 4 Thursday, 25 October 2018 00:00

PARIS (Reuters): French business activity grew in October from the previous month, a survey showed on Wednesday, as strength in services offset weakness in manufacturing in the euro zone’s second-biggest economy. Data compiler IHS Markit said the p


German growth slows as manufacturing, services weaken PMI

Views - 3 Thursday, 25 October 2018 00:00

BERLIN (Reuters): German private-sector growth slowed to its lowest level in more than three years as manufacturing and services both lost momentum, a survey showed on Wednesday, in a sign that Europe’s largest economy started the fourth quarter on


Salvini says Italy won’t change budget, ‘Italians come first’

Views - 5 Thursday, 25 October 2018 00:00

ROME (Reuters): Italy will not change its 2019 budget, Deputy Prime Minister Matteo Salvini said on Wednesday after the European Commission rejected the government’s fiscal plan and gave it three weeks to present a new one. In a radio interview wit


Asian shares buckle to Saudi anxieties, Italian budget rows

Views - 7 Wednesday, 24 October 2018 00:00

TOKYO (Reuters): Asian shares slumped on Tuesday as a cocktail of negative drivers from Saudi Arabia’s diplomatic isolation to fresh worries about trade wars whacked sentiment across the region. Selling in Asia erased gains made in rally of the pre


China’s Xi opens major sea bridge during symbolic tour to southern China

Views - 6 Wednesday, 24 October 2018 00:00

HONG KONG (Reuters) - Chinese leader Xi Jinping opened one of the world’s longest bridges on Tuesday, during a tour to southern China that is seen by some as an opportunity for Beijing to reaffirm its commitment to economic liberalisation. The Hong


Harry and Meghan arrive in Fiji in British royals’ first visit since 2006 coup

Views - 7 Wednesday, 24 October 2018 00:00

SYDNEY (Reuters): Britain’s Prince Harry and his wife Meghan touched down in Fiji on Tuesday for the first royal visit to the South Pacific nation since a military coup 12 years ago saw it suspended from the Commonwealth for eight years until democ


Saudi Foreign Minister pledges full probe into Khashoggi killing

Views - 5 Wednesday, 24 October 2018 00:00

JAKARTA (Reuters): Saudi Arabia’s Foreign Minister Adel al-Jubeir said on Tuesday the kingdom was committed to a thorough and complete investigation to get to the truth behind the killing of journalist Jamal Khashoggi in Turkey. Saudi Arabia had se


New trade pact leaves most US industry at mercy of Mexico’s courts

Views - 6 Tuesday, 23 October 2018 00:00

New York/Mexico City (Reuters): The new North American trade agreement ends key legal protections for many US businesses operating in Mexico, leaving their operations exposed to a risk they had avoided under the old trade deal Mexico’s court system


Brent oil rises back above $ 80 as Iran sanctions loom

Views - 7 Tuesday, 23 October 2018 00:00

SINGAPORE (Reuters): Brent crude oil prices rose back above $80 a barrel on Monday as markets were expected to tighten once US sanctions against Iran’s crude exports are implemented next month. Benchmark Brent crude oil futures were at $80.26 a bar


Italian rating move helps European shares snap losing streak

Views - 8 Tuesday, 23 October 2018 00:00

MILAN (Reuters): Relief over Moody’s decision to keep Italy’s sovereign rating outlook stable helped European equities snap a three-day losing streak on Monday as global equities were buoyed by hopes of stimulus from China. The pan-European STOXX


Hundreds of thousands take to streets in London demanding second Brexit vote

Views - 5 Monday, 22 October 2018 00:00

London/Belfast (Reuters): Hundreds of thousands of supporters of the European Union marched through London on Saturday in the biggest demonstration so far to demand that the British government holds a public vote on the terms of Brexit.


China economic growth hits weakest pace since 2009

Views - 4 Monday, 22 October 2018 00:00

Beijing (Reuters): China’s economic growth cooled to its weakest quarterly pace since the global financial crisis, with regulators moving quickly to calm nervous investors as a years-long campaign to tackle debt risks and the trade war with the Uni


Trump, Europeans call Saudi account of Khashoggi death inadequate

Views - 5 Monday, 22 October 2018 00:00

Istanbul (Reuters): US President Donald Trump joined European leaders on Saturday in pushing Saudi Arabia for more answers about Jamal Khashoggi after Riyadh changed its story and acknowledged that the journalist died more than two weeks ago at its c


Putin says Islamic State has seized 700 hostages in Syria

Views - 7 Saturday, 20 October 2018 00:10

SOCHI, Russia (Reuters): President Vladimir Putin said on Thursday that Islamic State militants had seized nearly 700 hostages in part of Syria controlled by US-backed forces and had executed some of them and promised to kill more. Speaking in the Bl


Pope gets invite to North Korea, indicates will consider it

Views - 8 Saturday, 20 October 2018 00:10

VATICAN CITY (Reuters): Pope Francis on Thursday received an invitation to visit North Korea and the pontiff indicated he would consider making what would be a landmark trip to a nation known for severe restrictions on religious practice, according t


Today's Columnists

Constitutional paradox: There is no such thing called Election Commission

Wednesday, 14 November 2018

Our Constitution, which was certified by Parliament on 31 August 1978, has 19 amendments; the First Amendment to the Constitution was certified by the Speaker in the same year on 20 November. By the end of 1988, there had been 14 amendments made to t


‘So Sri Lanka’ – upgrade staff, processes, infrastructure at BIA arrivals to be world’s best!

Wednesday, 14 November 2018

24 October, time 12:47 p.m., place – my residence in Colombo My phone buzzes with a WhatsApp message from my old colleague Prasad Fernanado now with Saudi British Bank in Saudi. I am thrilled to see the message ‘Sri Lanka top country for travel i


Qatar crisis: From the Sri Lankans’ point of view

Wednesday, 14 November 2018

The aim of this article is to examine the Saudi blockade over Qatar and its impact in the past 17 months on the country. A special focus will be given to the Sri Lankan workers who have been living in Qatar for the past two decades. The reason why th


The reality of Sri Lanka – household end!

Wednesday, 14 November 2018

Whilst Sri Lanka is debating what is right and wrong on the governance of the country, the Sri Lankan household is falling part due to escalating costs, as per the latest data released by respected research agency Nielsen. For the seventh quarter in


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