Asia shares hobbled by trade strain, pound up on Brexit talk

Views - 5 Wednesday, 12 September 2018 00:00

SYDNEY (Reuters): Asian shares were struggling to avoid a ninth straight session of losses on Tuesday as the spectre of a further escalation in the Sino-US trade war haunted investors, while the pound perched at a five-week top on hints a Brexit deal

Ethiopia, Eritrea leaders celebrate peace and new year at border where war raged

Views - 2 Wednesday, 12 September 2018 00:00

NAIROBI (Reuters): The leaders of Ethiopia and Eritrea visited their shared border to celebrate Ethiopian new year together on Tuesday – marking the countries’ reconciliation on a frontier where their soldiers faced off against each other just mo

China tells UN Rights Chief to respect its sovereignty after Xinjiang comments

Views - 2 Wednesday, 12 September 2018 00:00

BEIJING (Reuters): China on Tuesday called for UN Human Rights Chief Michelle Bachelet to respect its sovereignty, after she urged it to allow monitors into the restive far western region of Xinjiang and expressed concern about the situation there. C

Mass evacuations ordered as Hurricane Florence heads toward Carolinas

Views - 3 Wednesday, 12 September 2018 00:00

Holden Beach, N.C. (Reuters): Mass evacuations were ordered along the U.S. Atlantic Coast as Hurricane Florence, a Category 4 storm and the most powerful to menace the region in nearly three decades, barrelled toward the region on Tuesday. Governor R

Oil prices climb as Iran sanctions loom; US looks to prevent supply shortfall

Views - 3 Wednesday, 12 September 2018 00:00

SINGAPORE (Reuters): Oil prices rose on Tuesday amid looming US sanctions against Iran’s petroleum industry, despite efforts by Washington to get other major suppliers to make up for the expected disruption. US West Texas Intermediate (WTI) crude f

Bangladesh calls for pressure on Myanmar on Rohingya repatriation

Views - 4 Tuesday, 11 September 2018 00:00

DHAKA (Reuters): Bangladesh’s prime minister urged the global community, including the Islamic Development Bank (IDB), on Sunday to increase pressure on Myanmar to ensure the repatriation of hundreds of thousands of Rohingya Muslims who have fled a

Ban cheese imports? Pakistan discusses outside-the-box ideas to avoid IMF bailout

Views - 4 Tuesday, 11 September 2018 00:00

ISLAMABAD (Reuters): Pakistani economic advisors discussed banning imports of luxury cars, smartphones and cheese in a wide-ranging strategy session on how to avoid seeking a bailout from the International Monetary Fund (IMF), a senior government adv

Maldives accuses US of intimidation after comments on political prisoners

Views - 8 Tuesday, 11 September 2018 00:00

COLOMBO/MALE (Reuters): Maldives accused the United States of intimidation on Friday, a day after Washington called for the release of “falsely accused” political prisoners and threatened action if the island’s upcoming election is not free and

China vows to respond if US takes new steps on trade

Views - 2 Tuesday, 11 September 2018 00:00

BEIJING (Reuters): China will respond if the United States takes any new steps on trade, the foreign ministry said on Monday, after President Donald Trump warned he was ready to slap tariffs on virtually all Chinese imports into the United States. On

Asian stocks slump to 14-month low on China woes, Trump’s trade threats

Views - 4 Tuesday, 11 September 2018 00:00

SYDNEY (Reuters): A sell-off in Chinese shares pulled Asian equities to a 14-month trough on Monday as investors braced for a potentially damaging escalation in the Sino-US tariff row after US President Donald Trump raised the stakes in the dispute w

Egypt sentences 75 to death, hundreds to jail over 2013 sit-in

Views - 6 Monday, 10 September 2018 00:13

CAIRO (Reuters) - An Egyptian court sentenced 75 people to death on Saturday including prominent Islamist leaders Essam al-Erian and Mohamed Beltagi over a 2013 sit-in which ended with security forces killing hundreds of protesters.

May’s Brexit plans like wrapping ‘suicide vest’ around UK: Johnson

Views - 4 Monday, 10 September 2018 00:12

LONDON (Reuters): Former British Foreign Minister Boris Johnson has said Prime Minister Theresa May “wrapped a suicide vest around the British constitution and handed the detonator” to the European Union with her Brexit plans, in comments that dr

Obama rebukes Trump and Republicans for ‘abuses of power,’ urges Democrats to vote

Views - 2 Monday, 10 September 2018 00:11

Reuters: Former US President Barack Obama assailed President Donald Trump and Republicans on Friday, urging Democrats to deliver a check on the administration’s “abuses of power” and restore a sense of sanity to politics by voting in November

Anti-immigration party set for election gains as Sweden swings right

Views - 4 Monday, 10 September 2018 00:10

STOCKHOLM (Reuters) - Swedes began voting on Sunday morning in an election dominated by fears over asylum and welfare, with the anti-immigration Sweden Democrats vying to become the biggest party in a country long seen as a bastion of economic stabil

Australian voters vent anger over turmoil to deal coalition defeat in state poll

Views - 3 Monday, 10 September 2018 00:09

Sydney (Reuters): Australia’s ruling coalition is facing a major defeat in a state by-election after voters vented their frustration over recent political infighting that led to a change in prime minister.

Myanmar says International Criminal Court has no jurisdiction in Rohingya crisis

Views - 3 Monday, 10 September 2018 00:07

Yangon (Reuters): Myanmar’s government said on Friday it “resolutely rejects” a ruling from the International Criminal Court (ICC) that said the body has jurisdiction over alleged deportations of Rohingya Muslims to Bangladesh as a possible cri

Global Economy: A decade after Lehman, Europe remains on economic crutches

Views - 5 Monday, 10 September 2018 00:05

FRANKFURT (Reuters): Ten years after the collapse of Lehman Brothers and the onset of the global financial crisis, much of the industrialised world has yet to fully recover, and this will be all too evident at the European Central Bank’s policy mee

Qatar’s emir says to invest 10 billion euros in Germany

Views - 7 Monday, 10 September 2018 00:04

Berlin (Reuters): Qatar will make 10 billion euro ($11.64 billion) of direct investments into Germany in the next five years, Qatar’s Emir Tamim bin Hamad al Thani said in Berlin on Friday. “To express our trust in the strength of the German econ

Chinese government top diplomat says Beijing not saddling Pakistan with debt

Views - 7 Monday, 10 September 2018 00:01

ISLAMABAD (Reuters) - The Chinese government’s top diplomat defended Beijing’s Belt and Road infrastructure initiative during a visit to Pakistan on Saturday, rejecting criticism the project has saddled Pakistan with expensive debt.

Trump ups ante on China, threatens duties on $ 267 b more goods

Views - 6 Monday, 10 September 2018 00:00

Aboard Air Force One/Washington (Reuters): US President Donald Trump warned on Friday he was ready to slap tariffs on virtually all Chinese imports into the United States, threatening duties on another $267 billion of goods on top of $200 billion in

Michael Moore hopes his film “Fahrenheit 11/9” is ‘beginning of the end’ for Trump

Views - 5 Saturday, 8 September 2018 00:10

(Reuters): Provocative filmmaker Michael Moore said on Thursday he hoped his new documentary would mark “the beginning of the end” for the US presidency of Donald Trump. The liberal acti

Pakistan removes economist from key role following Islamist backlash

Views - 5 Saturday, 8 September 2018 00:10

ISLAMABAD (Reuters): Pakistan’s new government cancelled the appointment of a renowned Princeton economist to its Economic Advisory Council, an official said on Friday, after a strong backlash against the choice of a member of the Ahmadi religious

World shares driven towards worst week since March by trade tensions

Views - 6 Saturday, 8 September 2018 00:10

LONDON (Reuters): World shares limped toward their worst week in almost six months on Friday, with Asia carving out a 14-month trough as investors braced for a new salvo of Sino-US tariffs.

China warns Britain ties at risk after warship mission

Views - 5 Saturday, 8 September 2018 00:10

BEIJING/SHANGHAI (Reuters): China on Friday warned Britain ties were at risk unless it took steps to “rectify” the situation, after a British warship sailed close to South China Sea islands claimed by China, while a major newspaper said sealing a

International Criminal Court says it has jurisdiction over alleged crimes against Rohingya

Views - 2 Saturday, 8 September 2018 00:10

AMSTERDAM (Reuters): The International Criminal Court (ICC) ruled on Thursday that it has jurisdiction over alleged deportations of Rohingya people from Myanmar to Bangladesh as a possible crime against hu

Hollywood star and 1970s sex symbol Burt Reynolds dead at 82

Views - 4 Saturday, 8 September 2018 00:10

(Reuters): Burt Reynolds, whose good looks and charm made him one of Hollywood’s most popular actors as he starred in such films as “Deliverance,” “The Longest Yard” and “Smokey and the Bandit” in

China warns of retaliation if US slaps new tariffs

Views - 4 Friday, 7 September 2018 00:00

BEIJING (Reuters) - China will be forced to retaliate if the United States implements any new tariff measures, China’s commerce ministry warned on Thursday, as the world’s two biggest economies remain locked in an intensifying trade war. Global m

India throws out ban on gay sex, sparking celebrations

Views - 5 Friday, 7 September 2018 00:00

NEW DELHI (Reuters): The Supreme Court scrapped a colonial-era ban on gay sex on Thursday in a landmark judgment that sparked celebrations across the country where gay sex had been punishable by prison for up to 10 years. Gay sex is considered taboo

North Korea’s Kim sets denuclearisation time line, prompting thanks from Trump

Views - 5 Friday, 7 September 2018 00:00

SEOUL/WASHINGTON (Reuters) - North Korea’s Kim Jong Un has given his first time line for denuclearisation, aiming for the end of U.S. President Donald Trump’s first term, Seoul officials said on Thursday, prompting thanks from Trump who said they

African countries don’t think cooperation adds to debt: China

Views - 4 Friday, 7 September 2018 00:00

BEIJING (Reuters): African leaders attending this week’s summit with China do not think that cooperation between the continent and Beijing has added to their debt burden, the Chinese Government’s top diplomat said on Thursday. Chinese President X

Today's Columnists

Accessibility at buildings and places – Indispensable need to enjoy civil rights

Wednesday, 26 September 2018

Have you not yet realised that the chances are now very high that at any stage or any moment in life, for a short time or for a long time, for different reasons, you or your loved ones could experience physical and/or sensory impediments, and fall in

Over-tourism: The new buzz word in tourism

Wednesday, 26 September 2018

Periodically the tourism industry is in the habit of coming up with some interesting name to describe a new emerging trend or situation in the industry. Sometimes the phenomena is not new, but has become relevant and topical enough to ‘package’ a

Depreciation of the rupee and Sri Lanka’s dilemma

Wednesday, 26 September 2018

The rupee depreciated by Rs. 29 from 2005 to 2014 and the average year-on-year depreciation of the Sri Lankan rupee was 2.8% per year. Official foreign reserves increased from $ 2.7 billion to $ 8.2 billion over the same period. In stark contrast, th

Laurels of ‘Living Together’: Refreshing reflections

Tuesday, 25 September 2018

It was a memorable evening with a mega gathering for a meaningfully different reason. It was not just another book launch with ego-boosting speeches about the author. It was also not an event where a popular politician coming late and preaching about

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