Jerusalem /Â AFP Israeli authorities have arrested dozens of Palestinians after a shooting rampage in Jerusalem killed two people and wounded five others, police said on Monday. The arrests after Sunday’s attack included 31 Palestinians seeking to participate in celebrations in memory of the assailant as well as members of his family in east Jerusalem, Public Security Minister Gilad Erdan ...
Read More »17 die in multiple China building collapse
Beijing / AFP A series of multi-storey buildings built by local villagers and packed with migrant workers collapsed in China on Monday, killing at least 17 people, the government and reports said. Four residential buildings caved in during the early hours at Wenzhou in the eastern province of Zhejiang, the Lucheng district government said in a social media posting. ...
Read More »Haiti’s hurricane death toll hits 372
Port-au-Prince / AFP Haiti’s death toll from monster Hurricane Matthew has risen to 372, civil defense officials said on Monday, as the impoverished country continues to dig out of massive destruction in the south. On the second day of a three-day national mourning, the authorities added 36 more people to tally of confirmed dead. Four others were listed missing. More ...
Read More »Zika likely to spread in Asia Pacific: WHO
Manila / AFP The Zika virus is set to spread through Asia, the World Health Organization warned Monday, with hundreds of cases reported in Singapore and two Thai babies diagnosed with Zika-linked microcephaly. The mosquito-borne virus has been detected in 70 countries worldwide including at least 19 countries in the Asia Pacific region, said WHO director for health security ...
Read More »Taiwan wants renewed talks with China
Taipei /Â AFP Taiwanese President Tsai Ing-wen on Monday called for a resumption of talks with China and pledged that “anything” can be on the table for discussion. Relations with Beijing have deteriorated under Taiwan’s first female president, whose China-sceptic Democratic Progressive Party (DPP) took office in May after a landslide victory over the Kuomintang party (KMT). Tsai has refused ...
Read More »DR Congo violence claims 10
Goma /Â AFP At least 10 people were killed in clashes between the army and suspected Ugandan rebels in east DR Congo, a local activist said on Monday, in an area that has suffered a string of massacres since 2014. The rebels of the Allied Democratic Forces, a partly armed group of Ugandan origin, are accused of a litany of ...
Read More »Banks lead Saudi rebound
DUBAI / Reuters Saudi Arabia’s stock market rebounded on the back of banking shares on Monday while other major Gulf bourses were firm, with builder Drake & Scull leaping in Dubai after it replaced its chief executive. The Saudi stock index, which had tumbled 2.2 percent on Sunday as banks dropped because of concern about the impact of government ...
Read More »Bosnia’s bourse, Gulf-owned bank launch Balkans’ first Islamic share index
SARAJEVO / Reuters Bosnia’s Sarajevo Stock Exchange (SASE) and Gulf-owned Bosna Bank International (BBI) launched the Balkans’ first index of listed firms compliant with Islamic investment principles on Monday in a bid to attract more investors in local equities. The index has 25 constituents: companies with the highest market capitalisation and revenues, including the country’s second-largest telecoms firm BH ...
Read More »European equities grind higher
London / AFP European stock markets held firm on Monday as traders digested last week’s volatile performance and eyed rising eurozone investor sentiment, dealers said. London added 0.2 percent in value, as investors paused for breath after sterling’s Brexit-fuelled “flash crash” to 31-year dollar lows late last week. The weak pound lifts exporters. Frankfurt won 0.6 percent despite ongoing ...
Read More »Juneyao Airlines to join Star Alliance for overseas routes
Bloomberg Juneyao Airlines Co., which currently only flies narrowbody jets from Airbus Group SE, is considering buying 10 widebody aircraft by 2020 to expand international routes. The planes could come from Airbus or Boeing Co., Juneyao Chairman Wang Junjin said on Monday. The carrier hasn’t placed any orders, Wang said at a briefing in Shanghai on its plans to ...
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