Saturday 30 July 2016

Japan PM Abe to announce $255bn stimulus

Japanese Prime Minister Shinzo Abe is planning a stimulus package with a headline figure of $255 billion to reflate the flagging economy, Fuji TV said, though it is uncertain how much of it will consist of government spending. Abe will announce details of the package, including t


Clinton creates history; secures nomination

Former Secretary of State Hillary Clinton secured the Democratic Party's 2016 nomination for the White House on Tuesday, becoming the first woman to head the ticket of a major party in US history. In a symbolic show of party unity, Clinton's former rival, US Senator Berni


US Powerball jackpot grows to $422m

The US Powerball jackpot grew to $422 million ahead of an 11 p.m. EDT drawing on Wednesday, making it the eighth largest in the game's history and the 11th-biggest lottery prize ever in the United States. The jackpot amount has now rolled over 22 times since it was reset to i


Islamists attack French church, slit priest's throat

Knife-wielding attackers interrupted a French church service, forced the priest to his knees and slit his throat on Tuesday, a murder made even more shocking as one of the assailants was a known would-be jihadist under supposedly tight surveillance. As the attackers came out of t


Trump ahead in race to White House: poll

Republican presidential nominee Donald Trump posted a two-point lead over his Democratic rival Hillary Clinton, according to a Reuters/Ipsos opinion poll released on Tuesday, the first time he has been ahead since early May. Trump's gains came as he accepted his party's n


China joins UN trucking treaty, stepping onto new Silk Road

China has taken a major step towards establishing a speedy new "Silk Road" to Europe by signing up to a UN trucking treaty. Fifteen years after joining the World Trade Organization (WTO), China is hoping a revival of its ancient trading corridor to the west will help bo


Swiss to pass information on HSBC accounts to US

Switzerland said it plans to give information to US tax authorities about accounts at HSBC Holdings' Swiss private bank, as part of a US investigation into tax evasion. HSBC's Swiss unit has already paid tens of millions of dollars in fines after admitting substandard com


Patient shoots doctor in Berlin; kills himself

A patient shot a doctor in a university clinic in Berlin on Tuesday before killing himself, but there were "no signs at all" of a link with Islamist militancy, police in the German capital said. Germany is on edge because of a spate of violent attacks on civilians by mi


Oil falls towards $44, lowest since May

Oil on Tuesday hit its lowest since May, falling towards $44 a barrel, pressured by concerns that a long-awaited rebalancing of the market would be delayed due to excess supply. Brent crude is still up more than 60 percent from a 12-year low near $27 in January, but the rally has


One hostage killed in France church attack

One hostage was killed as a result of an attack in a church in France's northern Normandy region on Tuesday, French media reported. Two men who took several people hostage in a church in Saint-Etienne-du-Rouvray have been "neutralised", a police source said earlier.

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