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GLOBAL ECONOMY

Qatar has set a temporary minimum wage for migrant workers worth around $200 a month, aside from free accommodation. The country’ s labour minister announced Thursday, the benchmark reform following widespread criticism of Doha’s preparations for the 2022 World Cup. Issa...
A massive fire swept through a temple in India's southern Kerala state on Sunday, killing nearly 100 people and injuring more than 200 who had gathered for a fireworks display to mark the start of the local Hindu new...
Palm oil production in Malaysia, the world’s second largest producer, is expected to increase by 15.5 per cent this year and will grow by 2.5 per cent in 2018, the government said on Friday. Malaysian output is forecast to rise...
France on Thursday banned politicians from employing their spouses or children as parliamentary assistants under rules adopted in response to a scandal involving former Prime Minister, Francois Fillon and his wife. The law, one of the first to be approved...
French President Emmanuel Macron’s popularity rating slumped a further 14 points in August to hit 40 percent, following a sharp 10-point drop the previous month, according to a poll released Sunday. Prime Minister Edouard Philippe also saw his popularity fall...
The British Pound Sterling slipped to a near three-week low against the dollar on Monday as investors focused on underlying weakness in the British economy and the governing Conservatives gathered for what could be a fraught party conference. Data on...
Two Chinese Sukhoi Su-30 jets have conducted an “unprofessional” intercept of a U.S. aircraft, the U.S. military said. The U.S. WC-135 plane was on a mission to detect radiation in international airspace over the East China Sea. One of the Chinese...
Coca-Cola reported a jump in third-quarter profits Wednesday due to lower expenses as it broadens offerings of non-cola drinks to offset sluggish demand for its namesake product in North America. Earnings for the quarter ending September 29 came in at...
The euro slipped against the dollar on Monday after a violence-marred independence vote in Spain’s Catalonia region and as higher U.S. Treasury yields drove the dollar up across the board. Investors were watching the political situation in Spain nervously, after...
  An American couple have called their 22 year old marriage quit over the husband’s decision to support the election of Donald Trump. Gayle McCormick 73 from California said the felt betrayed by her husband support for Trump She said she is...
New Zealand might be Australia's smaller neighbor but it's sitting on a massive new continent scientists have named "Zealandia," according to a publication released by The Geological Society of America. New Zealand and Australia might be able to finally give...
US President Donald Trump has arrived in Israel as he continues his first foreign trip. He flew in from Saudi Arabia, a key US ally, where he gave a speech to Arab and Muslim leaders at a summit. Mr Trump will...
The U.S. Senate on Wednesday voted to confirm Rex Tillerson as the secretary of state. He succeeds Senator John Kerry, who left with President Barack Obama. The former chairman and chief executive of ExxonMobil faced a tough series of confirmation...
By Olusegun Ogundeji Japan's leading banking groups are pouring money into the country’s largest Bitcoin exchange, BitFlyer. The experiment they are about to perform means a lot for the global financial services market. The $1.75 mln funding comes from Mizuho Financial...
U.S. President Donald Trump escalated his threats against North Korea over its nuclear challenge on Tuesday, threatening to “totally destroy’’ the country of 26 million people and mocking its leader, Kim Jong Un, as a “rocket man.’’ In a hard-edged...
Donald John Trump's inauguration is now a thing of the past. He has been sworn in as the 45th President of America and as part of his inauguration speech, he said that American need to think big and dream...
Catalonia has set Independence day from Spain for next Monday 9 October after holding a  referendum, Madrid declared illegal. Catalan President Carles Puigdemont said he favored mediation to find a way out of the crisis but that Spain’s central government...
Washington has agreed arms deals with Saudi Arabia worth almost $110 billion, a White House official said Saturday, the first day of President Donald Trump’s visit to the traditional US ally. “This package of defence equipment and services support the...
North Korea launched four ballistic missiles on Monday in another challenge to President Donald Trump. Three of the missiles landed provocatively close to America’s ally Japan, AFP reports. Seoul and Washington began annual joint military exercises last week that always infuriate...
The International Monetary Fund (IMF) has asked the global central banks to keep watch over the improving financial system across the world, as there are looming dangers in the form of rising financial risks. The warning came, as there were...
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