Wall Street opens lower after April CPI data

U.S. stocks opened lower on Friday after data showed a stronger-than-expected rise in core inflation in April, ...

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Japan stock market cap hits record, exceeds 1989 peak

22 May 2015

The market capitalisation of shares listed on the Tokyo Stock Exchange's main board hit a record high on Friday, topping a ...

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World Bank: Gaza economy on 'verge of collapse'

22 May 2015

Gaza's economy is on the "verge of collapse," a new World Bank report warned today, saying the unemployment rate there is now the ...

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China-backed AIIB expects to be operational by year-end

22 May 2015

China will likely take a 25-30% stake in the bank and India is likely to be the second-largest shareholder

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Karachi bus attack accused placed on 14-day physical police remand

22 May 2015

An Anti Terrorism Court (ATC) in Karachi, Pakistan, has placed four suspects who were arrested in connection with the last week's ...

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Oil prices slip in Asian trade

22 May 2015

Oil prices fell in Asia today, unwinding sharp gains in the previous session that was fuelled by hopes that a global supply glut ...

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BOJ slightly more optimistic on economy as business mood improves

22 May 2015

The Bank of Japan kept monetary policy steady and slightly revised up its assessment of the economy on Friday, signalling that it ...

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Asia up after Wall St sets record high, dollar steadies after slip

22 May 2015

Asian shares rose on Friday after Wall Street set another record high with prospects for a Federal Reserve rate hike in June all ...

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Clinton sets date for big-bang campaign launch

22 May 2015

After weeks of small-scale, small-town events with "everyday Americans," Hillary Clinton has set a date for the first major ...

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German spy chief says mistakes made in cooperation with NSA

22 May 2015

Germany's foreign spy chief has said that his agency made mistakes in its dealings with the US counterparts, but warned that ...

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Merkel, Hollande urge Tsipras to complete current bailout

22 May 2015

Greek Prime Minister Alexis Tsipras held talks on Athens' debt crisis with the German and French leaders but won little more in ...

Palmyra destruction by IS would be considered war crime, says EU

22 May 2015

The militants have executed at least 17 people since they took control over the ancient city on Wednesday

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Fed still seen in lift-off mode as Yellen takes centre stage

22 May 2015

The U.S. Federal Reserve is likely to stick with plans to raise interest rates later this year, with progress towards its ...

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HP quarterly profit beats estimates, shares up 3%

22 May 2015

Hewlett-Packard Co , the world's No. 2 PC maker, reported a quarterly profit above market estimates, helped by cost cuts, sending ...

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Wall St up as near-term rate-hike prospects fade; oil jumps

22 May 2015

Global equity markets rose on Thursday, with Wall Street's S&P 500 index closing at a record high as investors bet that U.S. ...

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Obama cites 'personal interest' in locking down Iran deal

22 May 2015

President Barack Obama says he has a personal stake in ensuring that negotiations with Iran produce an agreement that keeps ...

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NSA planned hack of Google app store: report

22 May 2015

The US National Security Agency developed plans to hack into data links to app stores operated by Google and Samsung to plant ...

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Russia warns Google, Twitter and Facebook on law violations

22 May 2015

Russia's media watchdog has written to Google, Twitter and Facebook warning them against violating Russian Internet laws and a ...

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Japan unveils $110-bn plan to fund Asia infra, eye on AIIB

22 May 2015

Japanese officials said the plan, represents a 30% increase over Tokyo's past infrastructure funding

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