China’s producer price inflation accelerated more than expected to a four-month high in August, fueled by strong gains in raw materials prices and pointing to strong, sustained growth for both factory profits and the economy. Consumer inflation also quickened more than forecast to a seven-month high, amid signs that upstream price gains are trickling through, […]
Read moreAt least 32 people were killed after a massive 8.1 magnitude earthquake, one of the biggest recorded in Mexico, struck off the country’s southern coast late on Thursday, causing cracks in buildings and triggering a small tsunami, authorities said. The quake was apparently stronger than a devastating 1985 temblor that flattened swathes of Mexico City […]
Read moreNorth Korea could ramp up its weapons testing in a game of militarized chicken as the United Nations weighs imposing tougher sanctions on the country, analysts said. And Pyongyang’s next display of defiance could come in the form of yet another missile launch as early this Saturday, to coincide with the country’s founding day. “The […]
Read moreThe Mexican government on Thursday said it had declared the North Korean ambassador to Mexico persona non grata in protest at the country’s nuclear tests, an unusually firm step that moved it closely into line with Washington. In a statement, the government said it had given Kim Hyong Gil 72 hours to leave Mexico in […]
Read moreFormer Malaysian premier Mahathir Mohamad said he is not going after the country’s top job, and will instead focus on defeating Prime Minister Najib Razak in the coming elections. The 92-year-old Mahathir, who held the top job from 1981 to 2003, had previously said he was willing to temporarily stand in as prime minister if […]
Read morePresident Donald Trump received a cheeky editorial from China’s state-run press over his decision to rescind the Deferred Action for Childhood Arrivals order — the so-called “Dreamers” program. The editorial, run in the People’s Daily on Thursday, was titled: “Chinese chuckle at Trump for messing up picture-perfect America.” The People’s Daily editorial noted “strong and […]
Read moreAn earthquake of a magnitude 8.2 struck off the coast of Chiapas, Mexico, late on Thursday local time, the Pacific Tsunami Warning Center (PTWC) said, citing USGS data. Tsunami waves have been observed, it said. Tsunami waves of more than 3 meters, or nearly 10 feet, above the tide level are possible along some coasts […]
Read moreIndia’s controversial demonetization move undoubtedly hurt growth, but its full impact on the economy hasn’t been felt yet, the country’s former central bank chief said. “I don’t know if we’ve measured it entirely. We may have to wait for revisions to GDP to get the full sense of how much [may] have happened in the […]
Read moreGrowth in China’s exports and imports was expected to slow in dollar terms in August data due to be released later on Friday. China was due to report the August trade data after 10 a.m. SIN/HK time as market watchers keep their eyes on the health of the world’s second-largest economy ahead of a key […]
Read moreA U.S. appeals court on Thursday rejected the Trump administration’s effort to temporarily bar most refugees from entering the country, ruling that those who have relationships with a resettlement agency should be exempt from an executive order banning refugees. A three-judge 9th U.S. Circuit Court of Appeals panel also ruled that grandparents, aunts, uncles and […]
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