ROME (Reuters) – Italy’s ruling League party will accept only a minor reduction to next year’s budget deficit target, senior party sources said on Thursday, conceding little to Brussels, which says the plan breaks European Union public finance rules. Italy’s case for an expansionary budget has been strengthened by recent concessions to protesters in France, […]
SHANGHAI (REUTERS) – China’s top government diplomat said on Thursday (Dec 6) that a summit between President Xi Jinping and his US counterpart Donald Trump in Argentina last week had been “friendly and candid” and would help to avoid trade tensions spreading further. The Chinese government’s top diplomat, State Councillor Wang Yi, said in a […]
NEW DELHI (REUTERS) – China and India may be talking about improving their trade relationship, but there is little action to go with the words. According to Indian government officials and representatives of various Indian trade bodies, progress is very slow – and may even be getting slower after last weekend’s truce between the United […]
For more than 20 years, Malaysia had claimed certain waters west of Tuas as its own and acknowledged that Singapore’s waters lay beyond that, Transport Minister Khaw Boon Wan said yesterday. But in expanding the Johor Baru port limits recently, Malaysia extended its claims into Singapore waters, he added, showing this development in a series […]
TORONTO (Reuters) – Expectations for more interest rate hikes in Canada tumbled on Thursday after Bank of Canada Governor Stephen Poloz said the central bank would need to assess the impact of lower oil prices and as a new threat emerged to U.S.-China trade relations. Chances of an interest rate hike at the Bank of […]
SINGAPORE – The police are investigating 18 Singapore money changers for allegedly possessing fake Myanmar currency notes, after two Singaporeans were arrested in Yangon for using these notes during their trip. In a statement on Thursday (Dec 6), police said that they had received a report last Thursday that two Singaporeans had been arrested for […]
TOKYO (AFP) – Nissan on Friday (Dec 7) announced plans to recall approximately 150,000 vehicles owing to improper tests on new units, dealing a fresh blow to the Japanese car giant following the shock arrest of former chairman Carlos Ghosn. “Nissan has recently found several non-conformities that may have caused inaccurate pass/fail judgments during the […]
NEW DELHI — The hunter who killed a man-eating tiger that stalked central India broke several laws, Indian officials said on Thursday, injecting new drama into an already contentious case and raising the possibility that the hunter could be prosecuted. The hunter, Asghar Ali Khan, who comes from a wealthy family renowned for tiger hunting, […]
SEOUL, SOUTH KOREA (NYTIMES) – North Korea is expanding an important missile base that would be one of the most likely sites for deploying intercontinental ballistic missiles capable of reaching the United States, two experts on the North’s missile programmes said on Thursday (Dec 6), citing new research based on satellite imagery. The activities at […]
One United States Marine was declared dead and five remained missing on Thursday after two American aircraft collided and crashed off the coast of Japan, officials said. A seventh Marine was rescued and was in fair condition, the Marine Corps said in a statement. The accident, which occurred around 2 a.m. Thursday about 200 miles […]