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North Korea says it is ready to strike U.S. aircraft carrier

SEOUL/WASHINGTON: North Korea said on Sunday it was ready to sink a U.S. aircraft carrier to demonstrate its military might, in the latest sign of rising tension as U.S. President…

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Germany not worried by U.S. corporate tax reform plans: Wolfgang Schaeuble

German Finance Minister Wolfgang Schaeuble is not worried by the prospect of cuts to corporate tax rates in the United States, he told German magazine Wirtschaftswoche on the sidelines of…

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Donald Trump’s big announcement on tax to be broad principles: Official

President Donald Trump’s promised big announcement next week on overhauling the U.S. tax code, a top campaign pledge, will consist of broad principles and priorities, an administration official said on…

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Trump era a new challenge for the IMF

WASHINGTON: In its 70-year history, the International Monetary Fund has been no stranger to financial crises and policy disputes but now faces a new challenge: a US administration fundamentally opposed…

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British PM May calls for early election to strengthen Brexit hand

British Prime Minister Theresa May called on Tuesday for an early election on June 8, saying she needed to strengthen her hand in divorce talks with the European Union by…

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China’s economy grows 6.9% in first quarter

China’s economy expanded faster than expected in the first quarter as higher government infrastructure spending and a gravity-defying property boom helped boost industrial output by the most in over two…

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Belt and Road ‘huge opportunity’ for China and world: Experts

BEIJING: Belt and Road Initiative, proposed by China in 2013 to create a trade and infrastructure network connection Asia with Europe and Africa along ancient trade routes, will create fresh…

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US agrees to sell 12 fighter jets to Nigeria worth $600 million

WASHINGTON/ABUJA: The United States has agreed to sell dozen aircraft to Nigeria’s air force to help in its fight against Boko Haram and talks underway include possible US assistance in…

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Barclays, its CEO investigates over whistleblower programme

Barclays confirmed it was under investigation along with its CEO Jes Staley over his attempts to uncover the identity of a whistleblower within the British financial giant on Monday. It…

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Pakistan and China sign agreement on power plant in Thar

BEIJING: An agreement for the procurement of engineering components for the 330 megawatt power plant at Thar was signed between a Pakistani and a Chinese company here on Monday. Chief…

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India, Bangladesh sign 22 pacts on defence, cyber security

Indian Prime Minister Narendra Modi on Saturday offered $4.5 billion in concessional loans to Bangladesh, underlining surging ties between the neighbours but a contentious water-sharing deal remained elusive. Modi also…

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Trump drops China bashing during warm Xi summit

US President Donald Trump ditched his trademark anti-China bombast, hailing an outstanding relationship with counterpart Xi Jinping at the end of a superpower summit on Friday overshadowed by events in…

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