• World

    U.S.-China trade war dims Asia's 2019 growth outlook: ADB

    Developing Asia could grow more slowly than previously thought next year as the U.S.-China trade war inflicts collateral damage on the region`s export-reliant economies, the Asian Development Bank (ADB) said on Wednesday. Tightening global liquidity could also weigh on business activity by pushing up borrowing costs, while capital outflows are also a risk. The Manila-based institution...

    • 7 min ago
  • World News

    Catholic church 'spared no effort' to fight abuse scandals: Pope Francis

    Pope Francis, facing clergy sex abuse scandals in several countries, said on Tuesday that the Roman Catholic Church has "spared no effort" to tackle the problem in recent years. But, speaking to reporters aboard the papal plane while returning from a four-day trip to the Baltics, the pope again appeared to indirectly acknowledge that the Church had hidden sexual...

    • 31 min ago
  • NRI

    Indian professor honored with Outstanding Investigator Award

    New York sources reported that the US National Cancer Institute has give the 'Outstanding Investigator Award' to Professor Arul Chinnaiyan, from the University of Michigan, and $6.5 million in funding over seven years, to identify cancer biomarkers to improve diagnosis and develop new targeted therapies. Chinnaiyan, said in a statement 'The field of precision oncology continues to...

    • 32 min ago
  • World

    Oil prices drop, Brent moves further away from 4-year high

    Brent oil edged further away from a four-year high on Wednesday and U.S. crude fell, after the U.S. said it would ensure crude markets are well supplied before sanctions are re-imposed on Iran and as President Donald Trump criticized high prices. Brent crude futures were down 43 cents, or 0.5 percent, at $81.44 a barrel by 0041 GMT, after gaining nearly 1 percent the previous session....

    • 37 min ago
  • Home

    I can say a lot but don't want to worsen situation: Pak FM Qureshi on cancelled talks with India

    Pakistan Foreign Minister Shah Mehmood Qureshi on Tuesday reacted to India's decision of calling off talks with Pakistan on the sidelines of the United Nations General Assembly in New York, United States. Qureshi noted that he can a say a lot over the incident but that would only add to the existing issues and hamper peace. "I can say a...

    • 41 min ago
  • World

    U.S. says Canada not making concessions needed for NAFTA deal

    Canada is not making concessions needed to reach a deal with the United States for a trilateral NAFTA pact and is running out of time before Washington proceeds with a Mexico-only agreement, a top U.S. official said on Tuesday. U.S. President Donald Trump`s administration recently began increasing the pressure on Canada, urging it to conclude a deal by Sunday or face exclusion from a...

    • 42 min ago
  • South Asia

    Pak's Qureshi discusses India's construction on Kishanganga, Ratle projects with World Bank Chief

    Pakistan's Foreign Minister Shah Mahmood Qureshi raised the issue of India's construction on the Kishanganga and Ratle projects during his meeting with World Bank Chief Jim Yong Kim on the sidelines of the 73rd United Nations General Assembly session here. According to a statement issued by Pakistan's Mission to the United Nations,...

    • 45 min ago
  • Latest

    Rohingya crisis: US to give over $185 mn in additional aid

    New York, Sept 25: The United States, which has been expressing its discontent over the displacement of the Rohingya Muslims in Myanmar and Bangladesh, has almost doubled its aid for the displaced, US Ambassador to the United Nations Nikki Haley said on Monday, September 24, as Great Britain hosted a ministerial meeting on the continuing crisis. Myanmar faced worldwide criticism after...

    • 48 min ago
  • World

    Macron at UN rebukes Trump's 'law of the strongest'

    United Nations: French President Emmanuel Macron on Tuesday urged world leaders to reject 'the law of the most powerful,' offering a rebuke to Donald Trump's go-it-alone approach to global challenges. Macron did not refer to the US president by name but his address to the UN General Assembly outlined positions that were polar opposites to Trump's world view. 'Some have chosen the law of the...

    • 52 min ago
  • Latest

    India-Pakistan enmity costing them trade worth $35 billion annually: World Bank report

    Washington, Sept 26: Just when India and Pakistan are witnessing a phase of verbal warfare against each other, the World Bank (WB) has come up with a revelation which should make both the sides worried. According to a report published by the WB titled 'A Glass Half Full: The Promise of Regional Trade in South Asia' released on Monday, September 24,...

    • 56 min ago