Sri Lanka’s President lifted a suspension of parliament Thursday and called a meeting of lawmakers next week that could end an increasingly bitter power struggle between two rival prime ministers, officials said. The climbdown by Maithripala Sirisena, who sparked the crisis by sacking Ranil Wickremesinghe as prime minister […]
The judge who has upended Brazilian politics with a sweeping corruption investigation, Sergio Moro, accepted an offer Thursday from far-right President-elect Jair Bolsonaro to be his justice minister. Bolsonaro publicly offered him the post after being swept to the presidency Sunday on a wave of anti-establishment anger fueled […]
NEW DELHI : India’s prime minister on Wednesday unveiled a towering bronze statue of Sardar Vallabhbhai Patel, a key independence leader being promoted as a national icon in the ruling party’s campaign ahead of next year’s general elections. Patel, who hailed from Prime Minister Narendra Modi’s native Gujarat […]
Japan’s anti-trust authorities will probe whether tech giants such as Google and Amazon are using their market-leader positions to exploit contractors or obstruct competition, the country’s fair trade chief said Thursday. In an interview with the Mainichi Shimbun newspaper, the head of Japan’s Fair Trade Commission (JFTC) said […]
HONG KONG : The economic impact of the intensifying trade war between Washington and Beijing appeared to deepen last month with factory activity and export orders weakening across Asia, but analysts warned the worst was yet to come. In a sign conditions for exporters and factories were deteriorating, […]
NEW DELHI : Long known for its bureaucracy, India has made major strides in improving prospects for businesses in the country, the World Bank said in a report on Wednesday. India rose 23 places to 77th in the World Bank’s Ease of Doing Business Index for 2019, up […]
BENGALURU : There will be little respite for the bruised Indian rupee over the coming year, depressed by an escalating U.S.-China trade war and rising domestic political risks ahead of a general election, a Reuters poll showed Investors have generally shunned emerging market assets this year, made riskier […]
MUMBAI : Indian gold demand in 2018 is expected to fall from the previous year as a rally in local prices to five-year highs is likely to dent purchases during key festivals in the December quarter, the World Gold Council (WGC) said on Thursday. A fall in demand […]
A Turkish prosecutor said Wednesday evidence indicates that slain Saudi journalist Jamal Khashoggi was strangled almost as soon as he walked into a consulate in Istanbul this month. Irfan Fidan, Istanbul’s chief prosecutor, said a Saudi “hit team” at the government building ultimately dismembered the dissident writer with a bone saw. Fidan […]
President Donald Trump on Wednesday told reporters his administration could send between 10,000 to 15,000 troops to the Southwest border, echoing Pentagon comments Tuesday that the Defense Department expects to send more than the 5,200 deployed this week. Speaking to reporters outside the White House, Trump denied suggestions that the […]
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