(Reuters) – Federal Reserve Chairman Jerome Powell, in his early days on the U.S. central bank’s board of governors, argued frequently and forcefully for an end to the bond purchases undertaken to support the recovery from the financial crisis, transcripts of policy meetings from 2013 released on Friday showed. Powell, who joined the board in […]
NEW YORK (Reuters) – The U.S. economy is growing at a 2.11 percent pace in the first quarter based on this week’s data on services sector activity and consumer prices, the New York Federal Reserve’s Nowcast model showed on Friday. This was little changed from the 2.12 percent rate calculated by N.Y. Fed’s program a […]
An Indian guru who is already in jail for rape has been convicted for the 2002 murder of a journalist. Gurmeet Ram Rahim Singh, leader of the Dera Sacha Sauda sect, was given a 20-year sentence in 2017 for raping two female followers. He will be sentenced for the murder on 17 January. Newspaper editor […]
(Reuters) – Federal Reserve Chairman Jerome Powell, in his early days on the U.S. central bank’s board of governors, argued frequently and forcefully for an end to the bond purchases undertaken to support the recovery from the financial crisis, transcripts of policy meetings from 2013 released on Friday showed. Powell, who joined the board in […]
ISKANDAR PUTERI – Seven motorcyclists were injured after they were hit by a car while taking shelter at an underpass along the Second Link Expressway on Friday afternoon (Jan 11). Iskandar Puteri District Police chief Dzulkhairi Mukhtar said the accident occurred at KM 5.2 in the northbound direction of the expressway at 5pm on Friday, […]
LONDON/HAMBURG (Reuters) – Sales of British malting barley to European Union brewers and malt producers for delivery after Brexit have come to a virtual stop because of uncertainty about future trading relations. The standstill in so-called forward export sales for delivery in coming months means UK farmers are not able to take advantage of current […]
NEW DELHI — The 16-year-old girl had simply decided to go to her boyfriend’s birthday party. A week later, her body was found along a highway, her head and one of her arms chopped off. Her face may have been burned with acid. In her small town in eastern India, it is forbidden for a […]
SINGAPORE – Infant formula firms will soon be barred from providing both financial and in-kind inducements to hospitals to promote their brands to mothers, under changes to guidelines that govern the sale of infant foods in Singapore. While cash payments were already disallowed, sponsorships in the form of hospital dinner and dance functions, for example, […]
SINGAPORE – Mr Muhammad Syahirul Annuar Musa, 28, grew up wanting to follow in his father’s footsteps and work in the rail sector. His father, Mr Musa Bari, 52, a rail services manager in SMRT, has been working in the industry for about two decades now. When he was 25, Mr Syahirul entered Republic Polytechnic […]
A Myanmar court has rejected an appeal by two Reuters reporters convicted of breaking a state secrets act in September. Wa Lone and Kyaw Soe Oo were sentenced to seven years in prison in a case widely condemned by other countries and human rights groups. But in a ruling, Judge Aung Naing called their terms […]