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Japan makes first upgrade on economy since December
TOKYO: The Japanese government upgraded its assessment of the economy in its monthly report for the first time since December. The Cabinet Office said in its June report that the economy is on a path of “moderate recovery.” That is the same language used previously, but the Cabinet Office upgraded its assessment by omitting a cautionary clause that had appeared in May. The cautionary clause had said some parts of the economy
Mexico rate futures down on Central Bank hint
SAO PAULO: Yields paid on Mexican interest-rate future contracts fell on Friday after the central bank signaled it would not increase borrowing costs any further. In an unexpectedly divided decision, Banco de Mexico raised its benchmark rate by a notch to 7 per cent, as forecast by all 17 analysts surveyed by Reuters last week. One member voted to hold rates. In its policy statement, the bank said “the reference rate has
Trump’s deregulation takes aim at hybrid cars
WASHINGTON: The US government’s auto-safety watchdog is taking a second look at a rule requiring hybrid and electric vehicles to emit a noise to alert nearby pedestrians to their presence. The National Highway Traffic Safety Administration said in fiscal 2018 budget documents provided to Congress that it’s considering six areas for deregulation, including standards for rear-view mirrors and backup cameras in passenger cars, an
Myanmar and Thailand torch $1 billion of seized drugs
Yangon: Myanmar and Thailand started torching nearly $1 billion worth ..
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Villagers begin to mourn dead after deadly China landslide
XINMO (China): Villagers in China visited what used to be their relati..
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VP visits refugees fleeing fighting, Duterte unseen in days
BALO-I: The vice president of the Philippines expressed hope on Monday..
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Govt websites in US hacked with pro-Daesh messages
CHICAGO: Several government websites in the US states of Ohio and Mary..
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Seven killed in Indian Himachal Pradesh road accident
SHIMLA (India): Seven pilgrims, including six of a family, were killed..
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Pakistan marks sombre Eid after tanker blaze, terror attacks
ISLAMABAD: Pakistan on Monday began Eid celebrations on a grim note am..
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Abducted priest seen alive as militants hold out in Philippines
MARAWI (Philippines): A Roman Catholic priest abducted by militants wh..
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US-backed Syrian groups take Raqqa district
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5.4-magnitude earthquake hits Afghanistan
KABUL: Afghanistan has been hit by a 5.4-magnitude earthquake, accordi..
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Six police officers injured in London protest
LONDON: Six police officers were injured and four people arrested in a..
Added : 2 hours ago
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