South Korea president Moon Jae-in to visit India from 8 to 11 July

Views - 5 Tuesday, 3 July 2018 00:00

SEOUL (Reuters): South Korean President Moon Jae-in will visit India from 8 to 11July, his presidential office said on Monday, and hold a summit with Prime Minister Narendra Modi where their discussions are expected to focus on economic cooperation.

Mexican Lopez Obrador wins historic election landslide for left

Views - 3 Tuesday, 3 July 2018 00:00

Mexico City (Reuters): Andres Manuel Lopez Obrador won Mexico’s presidency in a landslide victory on Sunday, setting the stage for the most left-wing government in the country’s democratic history at a time of tense relations with the Trump admin

Trump blasts OPEC, warns European companies against Iran ties

Views - 8 Tuesday, 3 July 2018 00:00

BERKELEY HEIGHTS, N.J. (Reuters): President Donald Trump lashed out at OPEC with a warning to stop manipulating oil markets and piled pressure on close US allies in an interview that aired on Sunday with a threat to sanction European companies that d

Shares slide on trade war, German coalition concerns

Views - 5 Tuesday, 3 July 2018 00:00

London (Reuters): A renewed slump in Chinese shares and a sobering set of global factory surveys sucked world markets lower yesterday, while the euro and Mexican peso were both jolted by political developments. It was the first trading day of the new

China further eases foreign investment curbs

Views - 11 Monday, 2 July 2018 00:00

BEIJING (Reuters): China last week unveiled a long-anticipated easing of foreign investment curbs on sectors including banking, the automotive and heavy industries, and agriculture as Beijing moved to fulfil its promise to open its markets further.

Asia business sentiment slips from 7-year high on trade worries

Views - 8 Monday, 2 July 2018 00:00

KUALA LUMPUR (Reuters): Business confidence among Asian companies slipped for the first time in three quarters, on mounting worries that US President Donald Trump’s protectionist policies would trigger tit-for-tat reprisals and undermine the global

Asian shares rally on rebound, but outlook murky

Views - 7 Saturday, 30 June 2018 03:56

Asian share markets rallied from nine-month lows yesterday as Chinese shares rebounded from a sell-off, but the market outlook remains gloomy a week before initial US and Chinese tariffs are set to take effect.

Mattis reassures uneasy Japan over US-North Korea talks

Views - 5 Saturday, 30 June 2018 03:55

US Defence Secretary Jim Mattis sought to reassure Japan yesterday that Washington was mindful of its interests in talks with North Korea, during a stop in Tokyo that underscored the close US ally’s concerns about the negotiations.

Pakistan court lifts ex-PM’s disqualification in latest election twist

Views - 4 Saturday, 30 June 2018 03:54

A Pakistani high court yesterday overturned a tribunal decision disqualifying outgoing Prime Minister Shahid Khaqan Abbasi from running in his home constituency, yet another dramatic twist ahead of general elections due to be held next month.

Malaysia freezes bank accounts of Najib’s party in 1MDB probe

Views - 4 Saturday, 30 June 2018 03:53

Malaysia yesterday said it has frozen bank accounts of the political party once led by former premier Najib Razak as part of an investigation into alleged misappropriation from state fund 1Malaysia Development Bhd (1MDB).

Gunman held, newspaper publishes a day after five killed in newsroom

Views - 3 Saturday, 30 June 2018 03:50

A gunman who blasted his way through a newsroom in Annapolis, Maryland, with a shotgun, killing at least five people in one of the deadliest attacks on journalists in US history, was in custody yesterday pending charges, authorities said.

Pakistan’s top court, election panel deal fresh blows to Sharif’s party

Views - 8 Friday, 29 June 2018 00:45

ISLAMABAD (Reuters): Pakistan’s Supreme Court dealt a fresh blow yesterday to the party of Nawaz Sharif, the Prime Minister it removed last year, by barring former privatisation Minister Daniyal Aziz from contesting a general election on 25 July. T

Asian shares flirt with nine-month low on mounting trade war fears

Views - 5 Friday, 29 June 2018 00:05

TOKYO (Reuters): Asian stocks slumped to nine-month lows yesterday on growing worries the US administration’s approach to trade is harming global economic growth even as it appeared to be modifying its appro

Deal struck for Putin-Trump summit, Helsinki possible venue

Views - 6 Friday, 29 June 2018 00:00

MOSCOW (Reuters): Moscow and Washington struck a deal on Wednesday to hold a summit soon between Russian President Vladimir Putin and US President Donald Trump, a move likely to worry some US allies

Chinese General to visit India as re-set in ties gathers pace

Views - 7 Friday, 29 June 2018 00:00

Beijing (Reuters): A senior Chinese general will soon visit India, China’s Defence Ministry said yesterday, as the neighbours step up efforts to reset ties following an ice-breaking summit between their leaders.

GE to spin off healthcare unit, divest Baker Hughes stake

Views - 8 Friday, 29 June 2018 00:00

Reuters: General Electric Co. said on Tuesday it will spin off its healthcare business and divest its stake in oil-services firm Baker Hughes, effectively breaking up the 126-year-old conglomerate which was once the

US House backs tighter foreign investment rules amid China worries

Views - 12 Friday, 29 June 2018 00:00

WASHINGTON (Reuters): The US House of Representatives overwhelmingly passed a bill on Tuesday to tighten foreign investment rules, spurred by bipartisan concerns about Chinese bids to acquire sophisticated US

Threat of collapse looms over German coalition

Views - 6 Thursday, 28 June 2018 00:00

BERLIN (Reuters): The threat of collapse still loomed over Germany’s three-month old coalition government on Wednesday after crisis talks into the early hours failed to resolve a row over immigration between Chancellor Angela Merkel and her Bavaria

China, US strike positive tone in Mattis defence talks

Views - 8 Thursday, 28 June 2018 00:00

BEIJING (Reuters): US Defence Secretary Jim Mattis kicked off talks in China on Wednesday that he and his Chinese counterpart described as “open and honest,” seeking to strike a positive tone despite Sino-US tensions over trade and the South Chin

Pakistani Taliban appoint new chief after previous leader killed in drone strike

Views - 8 Wednesday, 27 June 2018 00:00

Peshawar/Dera Ismail Khan, Pakistan (Reuters): The Pakistani Taliban named Mufti Noor Wali Mehsud as the new leader on Saturday, a week after the previous chief Mullah Fazlullah was killed in a U.S.-Afghan air strike in Afghanistan, the group’s spo

Britain’s Prince William, in Jerusalem, honours Holocaust victims, meets Netanyahu

Views - 7 Wednesday, 27 June 2018 00:00

JERUSALEM (Reuters): Britain’s Prince William voiced horror over a Nazi death camp exhibit at Israel’s Holocaust memorial in a sombre start on Tuesday to the first official British royal visit to Israel and the Palestinian Territories.

China to pursue more trade with France, EU raises ‘difficult issues’

Views - 7 Wednesday, 27 June 2018 00:00

Beijing (Reuters): China told France on Monday it would buy more of its farm produce, hinted at future Airbus purchases and pledged to work on market access, shoring up its trade ties with Europe amid the increasing danger of a tariff war with the Un

Trump cites Middle East progress, but mum on peace plan

Views - 7 Wednesday, 27 June 2018 00:00

Washington (Reuters): President Donald Trump said on Monday that a lot of progress had been made in the Middle East, but he declined to say when the White House would release its plan for peace between Israelis and Palestinians.

Global stocks pummelled on intensifying trade row, dollar wobbles

Views - 9 Wednesday, 27 June 2018 00:00

TOKYO (Reuters): Global stocks extended a sell-off on Tuesday as an escalating trade fight between the United States and other major economies steered investors away from riskier assets, lifting safe-haven U.S. Treasuries and keeping the dollar on th

Asian shares slip on trade worries, oil gives up some gains

Views - 6 Tuesday, 26 June 2018 00:43

TOKYO (Reuters): Asian shares fell on Monday on escalating trade tensions between the United States and major economies while oil prices gave up some of their hefty gains made after major oil producers agreed to a modest increase in production.

Turkey’s Erdogan wins presidential election, opposition yet to concede

Views - 6 Tuesday, 26 June 2018 00:41

ANKARA (Reuters): Tayyip Erdogan won Turkey’s presidential election on Sunday, the head of the country’s electoral body said, overcoming the biggest electoral challenge to his rule in a decade and a half.

Merkel presses over migration as ‘European solution’ fails

Views - 6 Tuesday, 26 June 2018 00:40

BRUSSELS (Reuters): German Chancellor Angela Merkel said on Sunday she would seek direct deals with separate European Union states on migration, conceding that the bloc was unable to quickly find a joint solution to an issue that is threatening her g

Low risk ECB extends QE into next year, say economists

Views - 4 Tuesday, 26 June 2018 00:37

BENGALURU (Reuters): The European Central Bank will end its asset purchases by year-end as scheduled, according to a Reuters poll of economists who said the risk bond-buying will continue into next year was low, even with growth likely to slow and in

Half of EU business leaders cut UK investment over Brexit: Survey

Views - 8 Tuesday, 26 June 2018 00:33

FRANKFURT (Reuters): Britain’s looming departure from the European Union has led nearly half of big companies from the rest of the bloc to cut investment in the country, a poll of 800 executives released two years after the Brexit referendum found.

Turks vote for president, parliament in crucial test for Erdogan

Views - 6 Monday, 25 June 2018 00:00

ISTANBUL (Reuters): Turks began voting on Sunday for a new president and parliament in elections that pose the biggest ballot box challenge to Tayyip Erdogan and his Islamist-rooted AK Party since they swept to power more than a decade and a half ago

Today's Columnists

National prosperity through quality and productivity

Monday, 16 July 2018

I was so delighted to get involved with the national convention of the Sri Lanka Association for the Advancement of Quality and Productivity (SLAAQP) with the fitting theme, “National Prosperity through World Class Quality and Productivity”.

Sanjeewa Pushpakumara’s ‘Davena Vihagun’ (Burning Birds): A realistic and authentic film

Saturday, 14 July 2018

Filmmaker Sanjeewa Pushpakumara is a bright star in the cinematic firmament of Sri Lanka. His second feature film ‘Davena Vihagun’ (Burning Birds) is currently being screened in Sri Lanka. The film completed in 2016 has been shown at several inte

Yameen regime in Maldives turns to Islamic countries for support

Saturday, 14 July 2018

The Abdulla Yameen Government in the Maldives is turning to Islamic countries in a bid to resist pressure from the West and India to restore democracy as per their prescription, and to do their bidding in economic, foreign policy and strategic matter

Of Erdogan, Mahinda and Gota or the dance of the Vidayaka Janadhipathi

Saturday, 14 July 2018

We have been talking about Turkey’s Erdogan who recently won electoral support to be the country’s first Executive President. At the elections, Turkey began digging its grave. To be sure, one cannot blame th

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