MUMBAI: India’s monsoon rains in the week ending on Wednesday were above average for the first time since the start of the season on June 1, helping farmers to accelerate the planting of summer-sown crops and easing concerns of drought. Monsoon rains are crucial for farm output and economic growth,
KARACHI: A passenger train crashed into a stationary freight train in Pakistan yesterday, killing 11 people and injuring more than 60 under overturned carriages, police said, with the prime minister blaming ageing, poorly maintained rail infrastructure. The Akbar Express, heading to the western city of Quetta from Lahore, crashed into
TOKYO/SEOUL: Japan and South Korea ratcheted up tension on Tuesday in a diplomatic dispute that threatens to disrupt global supply of smartphones and chips, with Seoul denouncing Japanese media reports that it transferred a key chemical to North Korea. The friction, stemming from the issue of South Koreans forced to
BEIJING: General Motors Co’s second-quarter vehicle sales in China fell 12.2 percent, as the US automaker was hurt by a slowing economy amid the Sino-US trade war and by heightened competition in its key mid-priced SUV segment. GM delivered 753,926 vehicles in China in the April-June period this year, according
BRUSSELS: European Union states opened the way to competing technologies for internet connected cars on Thursday, rejecting a European Commission push for a wifi-based standard backed by Volkswagen. The result represents a win for BMW and Qualcomm which support a rival 5G telecoms system. Germany, France and Italy, with powerful
BRUSSELS/STRASBOURG : European Union leaders agreed on Tuesday to name France’s Christine Lagarde as the new head of the European Central Bank and sealed a deal on filling the EU’s other top four jobs after marathon talks that have exposed deep divisions in the bloc. Three days of summit negotiations that
SYDNEY: Australian bank earnings are getting squeezed by the central bank’s move to cut the cash rate to a record low 1 percent, analysts and investors say, as it gets harder to reduce deposit rates to offset the cheaper mortgages they must now offer borrowers. Shares of the so-called Big
OSAKA: Many leaders of the world’s top 20 yesterday voiced concern over trade tensions and the risk they pose to global growth, but were at loggerheads on key issues such as World Trade Organisation (WTO) reform, Japanese and Russian delegates said. The bitter US-China trade war and signs of slowdown
PHILADELPHIA: Fire ripped through a Pennsylvania oil refinery early yesterday, triggering a huge explosion that local media said rocked homes several miles away. Video footage showed the 335,000-barrels-per-day Philadelphia Energy Solutions refinery, where another fire broke out 11 days ago, engulfed in flames. There were no immediate reports of casualties
LONDON: British police said yesterday they had arrested 44 people as part of an investigation into historical child sex abuse in northern England. West Yorkshire Police said 36 men and three women had been detained over the last two weeks over the inquiry which is centred on allegations from four
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