April, 2016

• 13 April

  Migrants clash again with Macedonian police on Greek border

    THESSALONIKI / AP New clashes have broken out between Macedonian police and stranded refugees and other migrants trying to scale a fence on Greece’s border with the country. Greek authorities say Macedonian police fired tear gas and stun grenades to deter a group of about 30 people from trying to get over the razor-wire fence using blankets. No injuries ...

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• 13 April

  Syrians begin voting for new parliament in government areas

  

  DAMASCUS / AP Syrians in government-controlled areas headed to polling stations on Wednesday to elect a new 250-member parliament that is expected to serve as a rubber stamp for President Bashar Assad. Voters began turning up shortly after the stations opened at 7 a.m. Around 3,500 government-approved candidates are competing after more than 7,000 others dropped out. Early on Wednesday, ...

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• 13 April

  4th Kashmiri dies in clashes with Indian troops amid curfew

  SRINAGAR / AP Indian authorities on Wednesday imposed a curfew in parts of Kashmir to stop fresh anti-India demonstrations following the killings of four people by Indian troops and a general strike called by separatists. The latest death occurred when a man was hit on his head by a tear gas shell fired by security forces and died in a ...

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• 13 April

  China says Kenya deporting 45 Taiwanese to mainland

    Beijing / AP Kenyan police will deport 45 Taiwanese to mainland China where they face investigation for fraud, Chinese state media said on Wednesday after Taipei blasted Beijing for “abducting” its citizens. Taipei said this week that Beijing had “illegally” pressured authorities in Nairobi to deport eight of its citizens to the mainland after they had been cleared of ...

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• 13 April

  Exit polls predict S. Korean ruling party losing majority

  

  SEOUL / AP Exit polls from South Korea’s parliamentary election on Wednesday indicated that President Park Geun-hye’s conservative party would not regain its majority in the National Assembly. Such an outcome would jeopardize Park’s plans to push ahead with controversial economic reforms, and would blow open next year’s presidential race. Pollsters had predicted that the ruling Saenuri Party would crush ...

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• 13 April

  Global stocks extend gains as China trade improves

  

    BLOOMBERG The cloud that China cast over financial markets is starting to lift — and that’s a boon for stocks and commodities. After trade data pointed to stronger growth in the world’s second-biggest economy, global equities wiped out the last of this year’s losses, copper and iron ore jumped, and haven assets including the yen and gold retreated. European ...

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• 13 April

  Emirates Securities Market up by 0.73 percent

  

    ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has increased by 0.73% to close at 4563.35 points. Accordingly the Market Capitalization has gained AED 5.35 billion attaining AED 740.23 billion. A total of 0.79 Billion Shares were traded with a total value of AED 1.2 billion during the trading session of 13-04-2016 through 9971 transactions. The number of companies ...

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• 13 April

  Tesco rebounds into slender annual net profit

  

    LONDON / Bloomberg Tesco has announced on Wednesday that it rebounded into slender annual net profits on strong sales, after a vast property write-down and challenging home trade sparked a record loss the previous year. The troubled British supermarket giant revealed that earnings after taxation stood at £138 million ($197 million) in its 2015/2016 financial year, which ran until the ...

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• 13 April

  American apparel lays off workers, mulls outsourcing

    Reuters Teen apparel retailer American Apparel Llc is laying off hundreds of workers as it overhauls its production process, which could include outsourcing part of its production to another US manufacturer, the Los Angeles Times reported. “If we do decide to produce some pieces out-of-house, they will still be American-made,” Chief Executive Paula Schneider wrote in a letter obtained ...

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• 13 April

  Malaysia’s Aeon Co sets up $260mn Islamic debt plan

    Reuters Mall operator Aeon Co Malaysia has established twin debt facilities to raise up to 1 billion ringgit ($260 million) in Islamic securities, according to a regulatory filing by credit rating agency RAM Ratings. The issuance plan from Aeon, 51 percent owned by Japan’s largest retailer Aeon Co Ltd, includes 15-year Islamic medium-term notes and 7-year Islamic commercial papers. ...

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