Thousands join Thai anti-government run as political climate simmers

Views - 12 Monday, 13 January 2020 09:09

BANGKOK (Reuters): Thousands of Thais participated yesterday in a run billed as an anti-government protest, in what appeared to be the biggest show of dissent against the government of former junta leader Prime Minister Prayuth Chan-ocha. Thousands o

Oman’s Sultan Qaboos dies; successor vows to pursue peace

Views - 13 Monday, 13 January 2020 09:08

DUBAI (Reuters): Oman’s Sultan Qaboos bin Said, one of the Middle East’s longest- serving rulers who maintained the country’s neutrality in a turbulent region, died on Friday and his cousin Haitham bin Tariq al-Said was named as his successor i

Indian Supreme Court says indefinite Kashmir internet shutdown is illegal

Views - 7 Monday, 13 January 2020 09:08

NEW DELHI/SRINAGAR (Reuters): The Supreme Court said on Friday that an indefinite shutdown of the internet in Kashmir was illegal, rebuking the Government for the communications lockdown imposed after it withdrew the Muslim majority region’s autono

Queen Elizabeth calls Prince Harry for crisis meeting

Views - 12 Monday, 13 January 2020 09:07

LONDON (Reuters): Queen Elizabeth has summoned her grandson Prince Harry for a crisis meeting to discuss future arrangements for him and his wife Meghan following the couple’s shock announcement that they want to step back from royal duties. Harry

Global growth of 2.5% in 2020 amid mounting debt, slowing productivity gain: WB

Views - 51 Monday, 13 January 2020 09:03

WASHINGTON: Global economic growth is forecast to edge up to 2.5% in 2020 as investment and trade gradually recover from last year’s significant weakness but downward risks persist, the World Bank said in its January 2020 Global Economic Prospects.

Fugitive ex-Nissan boss Ghosn hits out at carmaker and Japan

Views - 17 Friday, 10 January 2020 00:00

BEIRUT (Reuters): Carlos Ghosn, speaking publicly for the first time since his dramatic escape from Japanese justice, said on Wednesday he had been treated “brutally” by Tokyo prosecutors and was the victim of an inside job to oust him from the h

US congressional study urges sanctions on China over ‘crimes against humanity’

Views - 11 Friday, 10 January 2020 00:00

WASHINGTON (Reuters): A US congressional report released on Wednesday called for sanctions against China over human rights abuses, and for US officials to keep rights concerns in mind during dealings with Beijing, including trade negotiations. The an

Asian shares erase losses as Mideast tensions ease

Views - 7 Friday, 10 January 2020 00:00

SINGAPORE (Reuters): Asian stocks rebounded on Thursday and oil edged up as the United States and Iran backed away from the brink of further conflict in the Middle East and investors unwound safety plays. US President Donald Trump responded overnight

Oil edges up after plunge, as market recovers poise

Views - 10 Friday, 10 January 2020 00:00

TOKYO (Reuters): Oil prices rose on Thursday, recouping some of the heavy losses from the previous session as the market rebalanced after Washington and Tehran looked to defuse a potential Middle East crisis. Prices had soared in response to the kill

Ukrainian airliner crashes killing all 176 aboard

Views - 15 Thursday, 9 January 2020 00:00

DUBAI/KIEV (Reuters): A Ukrainian airliner crashed and burst into flames shortly after take-off from Tehran early yesterday, killing all 176 people on board. Debris and smouldering parts from the Boeing 737, which carrier Ukraine International Airlin

‘World cannot afford war’: US Democrats respond to Iran missile strike

Views - 16 Thursday, 9 January 2020 00:00

WASHINGTON (Reuters): Democrats in the US Congress and some of the party’s presidential contenders warned on Tuesday about escalating conflict in the Middle East after Iran launched a retaliatory missile strike against US forces in Iraq. The news t

Iran’s supreme leader says missile strike a “slap on the face” for US

Views - 12 Thursday, 9 January 2020 00:00

DUBAI (Reuters): Iran’s Supreme Leader Ayatollah Ali Khamenei said yesterday that Tehran’s missile attacks on US targets in Iraq were “a slap on the face” for the United States and it should now pull its forces out of the region. Iran said it

Avenging general’s killing, Iran strikes at US troops in Iraq, Trump weighs response

Views - 15 Thursday, 9 January 2020 00:00

BAGHDAD/WASHINGTON/DUBAI (Reuters): Iranian forces fired missiles at military bases housing US troops in Iraq yesterday in retaliation for the US killing of an Iranian general, raising the stakes in its conflict with Washington amid concern of a wide

Hong Kong leader vows to work closely with Beijing’s new envoy

Views - 17 Wednesday, 8 January 2020 01:41

HONG KONG (Reuters): Hong Kong Chief Executive Carrie Lam said yesterday that she would work closely with Beijing’s top official in the Asian financial hub to get it back on “the right path” after more than six months of pro-democracy protests.

Oil slips as investors reassess Mideast risks

Views - 13 Wednesday, 8 January 2020 00:00

LONDON (Reuters): Oil prices yesterday surrendered some gains made over the previous days as investors reconsidered the likelihood of immediate supply disruptions in the Middle East after the United States killed a top Iranian military commander. Bre

India predicts slower 5% growth, likely prompting budget stimulus

Views - 12 Wednesday, 8 January 2020 00:00

New Delhi (Reuters): India on Tuesday forecast 5% growth for the current financial year, the slowest pace in 11 years, which will likely prompt the finance minister to opt for extra fiscal stimulus when she presents the annual budget next month. The

Australia strengthens bushfire defences as economic, environmental costs mount

Views - 15 Wednesday, 8 January 2020 00:00

SYDNEY (Reuters): Australian firefighters used a break from searing temperatures yesterday to strengthen containment lines around huge wildfires as the financial and environmental costs of the crisis mounted. More than 10.3 million hectares (25.5 mil

Dozens killed in stampede at funeral of slain Iranian commander, burial postponed

Views - 14 Wednesday, 8 January 2020 00:00

DUBAI/BAGHDAD (Reuters): Dozens of people were killed in a stampede as huge crowds of mourners gathered for the funeral of a slain military commander in the southeastern Iranian city of Kerman on Tuesday, forcing his burial to be postponed, state-aff

UK ministers told to root out money-wasting

Views - 14 Wednesday, 8 January 2020 00:00

LONDON (Reuters) : British ministers were told on Tuesday to root out waste in government spending, Prime Minister Boris Johnson’s spokesman said, adding that a March 11 budget announcement will take tough decisions to prepare the economy for the n

Britain jails Indonesian who became UK’s ‘most prolific rapist’

Views - 17 Wednesday, 8 January 2020 00:00

London (Reuters): A student from Indonesia was identified as Britain’s most prolific rapist on Monday after being convicted of more than 150 offences, including 136 rapes. In four separate trials, Reynhard Sinaga, 36, was found guilty of assaulting

Israel’s opposition seeks swift end to Netanyahu immunity bid

Views - 14 Tuesday, 7 January 2020 00:00

JERUSALEM, (AFP): The Israeli opposition pushed Sunday for parliament to swiftly address Prime Minister Benjamin Netanyahu’s immunity request, potentially speeding up the embattled leader’s appearance in court. Netanyahu announced his bid for imm

Trump stands by threat on Iranian cultural sites, warns of ‘major retaliation’

Views - 27 Tuesday, 7 January 2020 00:00

Aboard Air Force One (Reuters): US President Donald Trump on Sunday stood by his threat to go after Iranian cultural sites, warning of a “major retaliation” if Iran strikes back for the killing of one of its top military commanders. The president

Iraq wants foreign troops out after air strike; Trump threatens sanctions

Views - 16 Tuesday, 7 January 2020 00:00

BAGHDAD/WASHINGTON (Reuters): Iraq’s parliament called on Sunday for US and other foreign troops to leave as a backlash grows against the US killing of a top Iranian general, and President Donald Trump doubled down on threats to target Iranian cult

New chief of China’s Hong Kong liaison office hopes city returns to ‘right path’

Views - 17 Tuesday, 7 January 2020 00:00

HONG KONG (Reuters): The new head of China’s liaison office in Hong Kong, the most senior mainland official based in the territory, said on Monday China was the strongest backer of the Asian financial hub, which he hoped would return to “the righ

Huge crowds in Iran for general’s funeral as new commander promises revenge

Views - 17 Tuesday, 7 January 2020 00:00

DUBAI/WASHINGTON (Reuters) - Hundreds of thousands of Iranians thronged Tehran’s streets on Monday for the funeral of military commander Qassem Soleimani, killed by a US drone strike, and his successor promised to drive US forces out of the region

EU invites Iranian Foreign Minister to Brussels

Views - 14 Monday, 6 January 2020 00:00

BRUSSELS, AFP: Iran’s Foreign Minister has been invited to Brussels, the EU said yesterday, urging a “de-escalation of tensions” in the Gulf after US airstrikes that killed a top Iranian general. The EU’s foreign policy chief Josep Borrell ma

Netanyahu, in apparent stumble, calls Israel ‘nuclear power’

Views - 11 Monday, 6 January 2020 00:00

JERUSALEM (Reuters): In an apparent slip of the tongue yesterday, Prime Minister Benjamin Netanyahu described Israel as a nuclear power before correcting himself with a bashful nod and an embarrassed smile. Israel is widely believed to have an atomic

Australian Prime Minister Morrison defends bushfire crisis response

Views - 18 Monday, 6 January 2020 00:00

MELBOURNE (Reuters): Australian Prime Minister Scott Morrison found himself yesterday again defending his actions in response to the country’s unprecedented bushfires crisis that has killed 24 people and left thousands more homeless. Morrison, who

Pope calls for dialogue and restraint amid growing US-Iran tensions

Views - 12 Monday, 6 January 2020 00:00

MILAN (Reuters): Pope Francis called yesterday for dialogue and restraint two days after the killing of a top Iranian military commander by the US. Speaking at the Sunday Angelus prayer at the Vatican, the Pope did not mention Iran by name but spoke

Tens of thousands march in Hyderabad to protest citizenship law

Views - 14 Monday, 6 January 2020 00:00

HYDERABAD/NEW DELHI (Reuters): Over one hundred thousand protesters, many carrying the Indian tricolour flag, took part in a peaceful march in the southern city of Hyderabad on Saturday, chanting slogans against Prime Minister Narendra Modi’s new c

Today's Columnists

Economic growth through fragmentation and global value chain

Wednesday, 19 February 2020

The global value chain will continue to enhance economic growth, create better job opportunities and shrink poverty in developing countries. As far back as the 1990s, through international trade, global value chain benefits were experienced by poorer

Sri Lankan housewife in trouble again?

Wednesday, 19 February 2020

After almost six quarters of negative growth, starting from Quarter 1 2016, Sri Lanka saw overall general trading conditions recovering to register +4.1% GDP growth in Q1-2019 and +3.7% in Q2-2019 which was a welcome sign to a typical Sri Lanka hous

Their investigations and our investigations

Wednesday, 19 February 2020

There must be very few subjects in this country more investigated than the alleged wrongdoings in relation to Government issued bonds. Beginning with the so-called Pilipino committee (appointed by persons whose very conduct was germane to the inquir

Education and vocational training: lessons learnt from Singapore

Wednesday, 19 February 2020

In the 1960s, Lee Kuan Yew, the eminent leader and founding father of Singapore, once said that he wants to build Singapore as Sri Lanka. But what has happened today? Sri Lanka is lagging behind Singapore in many aspects. Singapore has no natural res

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