Tag: World

1.4 billion risk disease from lack of exercise: WHO

  by Patrick Galey Agence France Presse PARIS, France (AFP) — More than 1.4 billion adults are putting themselves at heightened risk of deadly diseases by not getting enough exercise, doctors are warning, with global activity levels virtually unchanged in nearly two decades. With richer nations enjoying an increasingly comfortable, sedentary lifestyle, a study by the World Health Organization said a third of women and a quarter of men worldwide are in the firing line […]

Asian markets down after strong run as Wall St fails to inspire

HONG KONG, China (AFP) — Most Asian markets fell Thursday, with investors unable to build on another record close on Wall Street, instead taking profits after a strong week. New York’s indexes powered ahead as news that Canada and the United States were close to a fresh deal that would revive the North American Free Trade Agreement coincided with better-than-expected US growth and a possible breakthrough in Brexit talks. The pound and euro were also […]

Asian markets rally after Wall St record, dollar eases

HONGKONG, China (AFP) — Asian markets rallied on Monday following a record lead from Wall Street, while the dollar remained under pressure after the head of the Federal Reserve suggested it would not speed up its pace of lifting interest rates. Jerome Powell said the US economy was healthy and prices showed no sign of rising more than the bank’s two percent target, adding that there appeared to be no risk of overheating. The remarks […]

Asian markets struggle after trade talks, Aussie dollar weakens

HONG KONG, China (AFP) — Asian markets mostly fell on Friday as China-US trade talks wrapped up with little progress being made, while the dollar held gains ahead of a key speech by the head of the Federal Reserve. The Australian dollar was among the worst performers as the country is gripped by political uncertainty with Prime Minister Malcolm Turnbull ousted and the governing Liberal Party set to choose a new leader. Officials from Beijing […]

Asian markets mostly up ahead of trade talks, Trump fears ease

Asian markets mostly rose Wednesday before keenly awaited trade talks between China and the United States, while early worries over a double whammy for Donald Trump also eased. While not expecting a major deal when officials from Beijing and Washington meet, investors are hopeful they can find a way out of the months-long row that has seen tariffs imposed on billions of dollars of goods and stock markets tumble. Recent comments from US Commerce Secretary […]

Apple hits $1 trillion as trade fears hit European, Asian stocks

NEW YORK, United States (AFP)–Apple became the first private company to reach $1 trillion in market capitalization on Thursday, a bright spot on an otherwise dreary day for European and Asian stock bourses wracked by trade war fears. Shares of Apple finished the formal Wall Street trading day up 2.9 percent at $207.39, topping the magic number needed to exceed $1 trillion in market value two days after the California tech giant reported strong quarterly earnings. […]

Asia markets rally as China’s yuan defies Trump dollar warning

  HONG KONG, China (AFP) — Asian markets advanced Friday, with Shanghai gaining two percent as China’s weak yuan currency defied US President Donald Trump’s criticism of a strong dollar and Fed rate hikes. Trump, in part of an interview aired by US television network CNBC, broke with the long-established executive branch practice of not commenting on the Federal Reserve’s decisions out of respect for its independence. “I’m not thrilled,” Trump told the network in […]

War on plastic leaves manufacturers clutching at straws

  by Pierre Donadieu and Marie Heuclin © Agence France-Presse PARIS, France (AFP)–For decades, plastic straws have been essential props for cocktail makers, smoothie lovers and fast food addicts. But that may be starting to change, thanks largely to vigorous environmental campaigning. Under pressure from activists, the European Union, Britain, India and even fast food giants like McDonald’s have all made some headway towards bringing the use of plastic straws to an end. And with […]

Asian markets fall as trade war fears weigh on sentiment

HONG KONG, China (AFP) — Asian markets fell Monday as fears of a global trade war continue to dog investors, with Donald Trump threatening fresh tariffs on European cars and reports he is considering curbs on Chinese investment in the US. There was little sign of relief after equities suffered a pummelling last week in response to tit-for-tat warnings by Beijing and Washington, which has fuelled concerns about the potential damage to the world economy. […]

Asian, European stocks plunge as China-US trade war fears brew

HONG KONG, China (AFP) — Hong Kong and Shanghai stocks led a sell-off across Asian and European markets Tuesday on rising trade war fears after Donald Trump threatened fresh tariffs on Chinese imports and Beijing warned of countermeasures. Trump said he had asked the US Trade Representative to identify $200 billion worth of imports to be targeted, adding he would hit a further $200 billion if Beijing retaliates. Investors were already on edge after the world’s […]

Asian traders cautious after G7 debacle, eyes on Trump-Kim summit

HONG KONG, China (AFP) — Asian markets fluctuated Monday after the Group of Seven meeting ended with deep divisions between the US and its allies, while investors are looking ahead to Donald Trump’s summit with North Korean leader Kim Jong Un. While the historic gathering in Singapore is the big story of the week, key central bank decisions in the US and Europe will also be closely followed. Trump pulled out of endorsing a joint communique […]

Global oil prices drop as Saudis signal likely supply boost

  NEW YORK, United States (AFP) — Global oil prices fell Friday after top producer Saudi Arabia signaled a likely boost in supply as soon as the third quarter, and world stock markets were mixed over the sudden US move to cancel the summit with North Korea. Saudi oil minister Khaled al-Faleh said at an economic conference in Russia that a gradual output increase could happen in the second half of the year to prevent […]