Economy

by | May 14, 2017 | 15:37

That missile, launched on April 29, blew up over land in North Korean territory, according to a spokesman for the US Pacific Command. Rob Shuford said in a statement. Another important point is that under Park Geun-hye, there was no prospect of any tripartite projects involving Russia, South and North Korea. When asked if North Korea was also preparing to talk with the new government in South Korea, of liberal President Moon Jae-in, Choe said: 'We'll see'.

by | May 14, 2017 | 16:49

Officials played down the incident, saying the attacks had been contained. Renault, France's leading vehicle manufacturer, on Saturday said it had been a target of a major cyber attack that forced the group to suspend productions at its sites.

by | May 14, 2017 | 16:15

Japanese Finance Minister Taro Aso leaves at the end of a plenary session during a G7 of Finance Ministers and Central Bank Governors meeting, in Bari , southern Italy, Friday, May 12, 2017. After Trump's criticisms of financial regulation and trade. The United States believes the world's other rich economies are getting used to the policy plans of President Donald Trump , but Europe and Japan remain anxious about Washington's shift.

by | May 14, 2017 | 15:47

The missile was created to "raise operational capability" of the armed forces to "effectively respond to threats" to national security, it said, adding that the test had "achieved an expected result". Many believe that the missile is probably a modified DF-26 intermediate-range ballistic missile, which is called as the "Guam Killer" due to its ability to carry out intermediate precision strikes against U.S.

by | May 14, 2017 | 15:02

The govt, under the new finance act 2017, has made it mandatory for taxpayers to provide Aadhaar or enrolment ID of their Aadhaar application form for filing income tax return and obtaining pain cards. The exemption is also for old people above 80 years and NRI. Last week, the income tax department launched a facility to enable a taxpayer to link his Aadhaar and PAN.

by | May 14, 2017 | 14:48

The ministry of finance issuing a notification has exempted residents of Assam, Jammu and Kashmir, Meghalaya, and older people above 80 years of age from mandatory quoting of Aadhaar to obtain PAN cards and file tax returns. In a rare case where Aadhaar name is completely different from name in PAN, then the linking will fail and taxpayer will be prompted to change the name in either Aadhaar or in PAN database.

by | May 14, 2017 | 14:50

Crews are now surveying the area near the PUREX tunnels for contamination. "Federal, state and local officials are coordinating closely on the response, and the state Department of Ecology is in close communication with the U.S. Advocacy group Hanford Challenge executive director Tom Carpenter, meanwhile, said that the tunnel collapse should serve as a "wake-up call", as the facility continues to age, but the radioactive waste it contains remains very unsafe.

by | May 14, 2017 | 14:45

China last August launched a new multi-billion dollar jet-engine conglomerate with almost 100,000 employees, with the hope of powering its own planes with self-made engines. However, "at least in the early years of service, demand will be centered in the Chinese market and a few satellite markets", Royce commented on C919's competitiveness with Airbus and Boeing, which are competitive rivals for China's jet and have spent decades competing fiercely against each other.

by | May 14, 2017 | 13:50

Wilbur Ross the Commerce Secretary said the deal would help lower the deficit with China . Ross said the deal is the start of new communication and coordination with the Chinese. Asian countries already make up some of the largest markets for US beef , with Japan, Korea, Hong Kong and Taiwan making up four of the top six export markets, accounting for $3.6 billion in value in 2016.

by | May 14, 2017 | 14:34

Attorney General Jeff Sessions' two-page memo to US attorney's offices across the country, calling for stricter criminal charges and sentencing, could harm those already behind bars. In a speech later on Friday, Sessions said the move was meant to ensure that prosecutors would be "un-handcuffed and not micro-managed from Washington " as they worked to bring the most significant cases possible.

by | May 14, 2017 | 14:50

US production "could go pretty high", Hamm said in March at the CERAWeek by IHS Markit conference in Houston, one of the largest gatherings of oil executives in the world. Oil prices bounced back from five-month lows sustained in the previous session, after Saudi Arabia's OPEC Governor Adeeb Al-Aama said OPEC and non-OPEC nations were close to agreeing a deal to extend the supply-cut agreement for an additional six-months.

by | May 14, 2017 | 15:06

United States Treasury Secretary Steven Mnuchin, center, leaves at the end of a plenary session during a G7 of Finance Ministers and Central Bank Governors meeting, in Bari , southern Italy, Friday, May 12, 2017. Mnuchin is due to explain Trump's plans to cut business taxes and regulation, and explain Trump's push for what he considers more balanced trading relationships.

by | May 14, 2017 | 13:02

The BoE's Monetary Policy Committee (MPC) voted 7-1 in favour of keeping interest rates on hold at their record low 0.25 per cent this month, as expected in a Reuters poll of economists. Companies are paying staff even less than the Bank had expected as businesses trim their wage bills to keep a lid on soaring import costs. Rain Newton-Smith, CBI chief economist, says the "wait-and-see" approach follows slower growth in the first quarter, tepid wage growth and signs that household spending ...

by | May 14, 2017 | 13:50

The cyberattack, in which harmful software took over computers, encrypted the information and then demanded payment of $300 or more from users before releasing the devices, affected some of the world's largest institutions and government agencies, including the Russian interior ministry, FedEx in the United States and Britain's National Health Service.

by | May 14, 2017 | 13:07

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by | May 14, 2017 | 12:17

Stroll had also been better than the 17 th time at the end of three sessions of free practice regulations. Vettel, with two wins in four races this year, has 86 points ahead of Hamilton on 73 and Bottas on 63, each having won once. The four times world champion hesitated to obey the instruction, however. "It started out that we were potentially a tenth ahead of the Ferraris, but in P3 it seemed that we were lot closer, so, quite level", Hamilton said.

by | May 14, 2017 | 11:34

On Friday Barclays Capital indicated its target price on Snap Chat (NYSE:SNAP) shares issuing the company with a "Equal Weight" rating. The company's market capitalization is $18.30 billion. Pacer Advisors Inc. acquired a new position in Snap during the first quarter valued at approximately $205,000. Prospera Financial Services Inc bought a new stake in Snap during the first quarter worth approximately $418,000.

by | May 14, 2017 | 11:32

Enjoy This Content? Like It, Recommend It, Tweet It or Share It! Mexican Independence Day is on September 16. Cinco de Mayo is not Mexican Independence Day. Is it celebrated in Mexico at all or is it just a USA holiday? Trump himself has not released a statement about Cinco de Mayo this year, but he has done so in the past.

by | May 14, 2017 | 11:17

Leaning over his opponent, the man can be seen unleashing a series of punches before fellow passengers rush in to stop the fight. Southwest spokeswoman, Alyssa Eliasen, said police were summoned and one passenger, identified as 37-year-old Chaze Mickalo Cable, was arrested.

by | May 14, 2017 | 12:45

In an interview with Fox News Channel's Jeannine Pirro set to air Saturday, Trump suggested eliminating the daily briefings and instead having one every two weeks - conducted by him. "What it means is that the president is prioritizing the security and interests of the American people", he said, clarifying what the White House means by "America first".

by | May 14, 2017 | 11:06

Participants from The Voice of Ukraine will also join Jamala during her performance. By the time the curtain falls on the 2017 contest, 1,479 songs will have been performed in total, according to Eurovision . The analysis, carried out by the Press Association to mark the UK's 60th anniversary of participation in Eurovision , should give hope to this year's United Kingdom entrant Lucie Jones.

by | May 14, 2017 | 12:16

Investors sent the stock down 25 percent to $17.22 per share, after Snap reported a $2.2 billion loss; much of that comes from $2 billion in charges related to the company's initial public offering. He also did not shy away from one query that allowed him to take a feisty jab at Facebook . The financial results will be closely watched by investors because Snap was the first to go public among several similarly aged, unprofitable tech start-ups valued at more than $10 billion.

by | May 14, 2017 | 11:31

The bad news - only 21% of the public give the thumbs up to the American Health Care Act , up four points from the putrid 17% approval that the plan got almost two months ago. About half, or 53 percent, of American voters said they do not think Trump should support efforts to repeal the ACA, compared to 44 percent who said he should, according to survey results.

by | May 14, 2017 | 10:58

Brent futures were up US$1.20, or 2.5 per cent, at US$49.58 a barrel by 11:02 a.m. EDT, while US West Texas Intermediate crude was up US$1.09, or 2.4 per cent, at US$46.61 per barrel. In London, BHP Billiton Ltd. fell 2.7% overnight Thursday and Rio Tinto fell 1.4%. But the market is getting a bit "jittery" as countries decide whether to extend those cuts, he said.

by | May 14, 2017 | 11:08

On May 4, the House pushed through House Speaker Paul Ryan's (R-WI) health care bill - dubbed the AHCA - before it had been scored by the Congressional Budget Office and before it was fully read by House members. Just 11% of voters said they thought the bill would bring down healthcare costs, while 42% said it would cause costs to rise. Joe Manchin, D-W.Va., called the health care bill passed last week by the U.S.

by | May 14, 2017 | 10:11

Wall took the inbounds pass from Otto Porter, took two dribbles to get Avery Bradley off balance, and despite his below average shooting much of the night, Wall dared to take the game-winning shot, and nailed it. Isaiah Thomas , who scored 10 of his 27 points in the fourth quarter, missed an off-balance 3-point heave at the buzzer with a chance to win the game.

by | May 14, 2017 | 10:42

Spies could decode the numbers to get orders by using a reference book. He is reportedly against the aggressive military measures Trump has threatened to deploy if North Korea does not back down from vigorously expanding its nuclear regime.

by | May 14, 2017 | 10:08

South Korea's new president Moon Jae-In, who took office this week, favours engagement with Pyongyang to bring it to the negotiating table, unlike his conservative predecessors. Over the past few months, China has taken steps to punish Seoul for its decision to deploy THAAD, such as banning group tours to South Korea. While Pyongyang regularly tests shorter-range missiles, it is also working to master the technology needed to field nuclear-tipped missiles that can reach the US mainland.

by | May 14, 2017 | 09:28

But the outlines of his proposal, released Wednesday, are nothing short of hallucinatory. As with health care, the White House appears to have discovered that tax reform is complicated. People who pay high property taxes to their state and town could feel the burden of double taxation on their income. The package is expected to hike the individual's standard deduction, providing modest cut for middle-income people and abridging the process of filing tax returns, as people briefed its ...

by | May 14, 2017 | 10:30

The stops were added to the front of a previously scheduled trip to Brussels and Sicily for back-to-back summit meetings held by North Atlantic Treaty Organisation and the Group of 7 economic powers. His meeting with the pope could get very interesting: The two go way back. But in the minds of White House officials, the grind is worth it in order to properly introduce Trump to a world that's still largely skeptical of his presidency.

by | May 14, 2017 | 09:19

Prime Minister Theresa May's party gained more than 300 extra council seats and at least two mayoralties in England, mostly benefiting from UKIP losses. She said it was a "very, very good result" which would provide a great launchpad for the general elections where the SNP is defending 56 of Scotland's 59 seats in the Westminster parliament.

by | May 14, 2017 | 08:52

President Donald Trump, who has threatened to upset the worldwide consensus of recent decades on issues such as trade and rules for the financial services industry. Growing threat of cybercrime puts G7 economies at risk, according to group's finance ministers. Attention also focused on Trump's plans to cut USA corporate taxes.

by | May 14, 2017 | 09:07

At the beginning of its Arctic Council presidency under then-president Barack Obama, the USA had identified Arctic climate change as a top priority. The Trump administration has indicated it will decide whether to remain in the Paris agreement within weeks.

by | May 14, 2017 | 09:24

While that was a drop from the increase of 2.4% for March, it nevertheless exceeded the average increase annually of 1.7% for the last decade. Overall food inflation for April was at 0.61% compared to 1.93% previously. Market expectations for a June rate hike were also softer at 73.8 percent, according to the CME Group's FedWatch tool. In April, rental costs increased 0.3 percent after a similar gain in March.

by | May 14, 2017 | 08:42

Lawrence and Wayne counties. The Ganaraska Region Conservation Authority issued an advisory Tuesday that strong southwest winds gusting to 70 km/h would combine with high water levels and waves of two meters on Lake Ontario to cause an increase in local shoreline flooding that afternoon and evening.