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All Stories: global

Global alarm as Trump mulls fateful Jerusalem move

NEW YORK: World leaders on Tuesday warned US President Donald Trump he risked inflaming the Muslim world and jeopardising peace efforts if he recognised...

Global cyber attack hits hospitals and companies, threat seen fading for now

SINGAPORE/LONDON: A global cyber attack leveraging hacking tools believed to have been developed by the US National Security Agency has infected tens of thousands of...

Saudi Arabia raises $9 bn in first global Islamic bond issue

RIYADH: Saudi Arabia raised $9 billion in its first global Islamic bond issue, the government announced on Thursday, a move analysts say could ease...

Hyundai, Kia aim to grow 2017 sales to 8.25 million vehicles globally

SEOUL: Hyundai Motor Co and affiliate Kia Motors said on Monday they aim to increase their combined sales to 8.25 million vehicles globally in...

IMF warns global debt at record high

WASHINGTON: Worldwide public and private debt is at an all-time high, posing a substantial impediment to getting global economic growth back to normal, the...

Global corruption costs trillions in bribes, lost growth: IMF

WASHNGTON: Public sector corruption siphons $1.5 trillion to $2 trillion annually from the global economy in bribes and costs far more in stunted economic growth, lost tax revenues and sustained poverty, the International Monetary Fund said on Wednesday.

Panama president seeks global efforts to handle tax haven row

TOKYO: Panamanian President Juan Carlos Varela called on Tuesday for global efforts to tackle the "Panama Papers" scandal, insisting it is not a problem just for his country but the international financial system as a whole.

NY Times adds $50 million to boost digital readership globally

NEW YORK: The New York Times announced plans Thursday to invest $50 million into efforts to boost digital readership and revenue outside the United States.

World tiger count rises for first time in 100 years

NEW DELHI: The number of wild tigers across the globe has increased for the first time in a century thanks to improved conservation efforts, wildlife groups said on Monday.

Global outrage over North Korea rocket launch

SEOUL: North Korea hailed an "epochal event" but its latest long-range rocket launch Sunday prompted international anger and plans for talks on a US missile defence system for the peninsula.

Global growth will be disappointing in 2016: IMF’s Lagarde

BERLIN: Global economic growth will be disappointing next year and the outlook for the medium-term has also deteriorated, the head of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday.

Trump faces global scorn over call for Muslim ban

ISLAMABAD: Donald Trump dismissed criticism at home and abroad Tuesday over his "grossly irresponsible" call to bar Muslims from entering the United States, as the White House branded him unfit to lead.

Shares, dollar perk up after global growth concerns

LONDON: Wall Street was expected to start the week higher on Monday with a rebound in European stocks, the dollar and oil markets pointing to a tentative recovery in confidence following another difficult day in Asia.

China official blames Fed for global market rout, not yuan

BEIJING: Concerns over a possible U.S. rate rise by the Federal Reserve may have sparked a global stock market rout rather than the devaluation of China's yuan currency, a senior Chinese central bank official told Reuters on Thursday.

WHO asks Pakistan, Afghanistan to eradicate polio “as quickly as possible”

LONDON: The global fight to eradicate polio has set its sights on Afghanistan and Pakistan, the World Health Organisation said on Tuesday as Africa marked a year without any new cases of the crippling disease for the first time.

How China is upsetting the old global economic order

BEIJING: With its huge new infrastructure bank and its ambitions for a globalized renminbi currency, China is leading the upending of a 70-year-old global order built on American economic power.

Iran, global powers agree ‘key parameters’ of nuclear deal

LAUSANNE Switzerland: Iran and world powers agreed Thursday on the framework of a potentially historic deal aimed at curbing Tehran's nuclear drive after marathon talks in Switzerland.

US seeks to spur global action to counter extremists

WASHINGTON: The United States Thursday sought to galvanize global action against violent extremist groups, amid warnings the world was confronted with "a new war against a new enemy."

US designates Mullah Fazlullah as global terrorist

WASHINGTON: The US Department of State has designated top Taliban commander Maulana Fazlullah, also known as Mullah Fazlullah, as a Specially Designated Global Terrorist, ARY News reported Tuesday.

Global arms trade pact to take force; U.S. Senate has not ratified

UNITED NATIONS: A global arms trade treaty that aims to regulate the $85 billion industry and keep weapons out of the hands of human rights abusers and criminals will enter into force on Wednesday, though the U.S. Senate has not yet ratified it.
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