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Markets 21 Dec 2018 | 11:22 PM

Bear-y Christmas! World markets themes for the week ahead

NEW YORK: Following are five big themes likely to dominate thinking of investors and traders in the coming week.

Markets 21 Dec 2018 | 10:56 PM

Malaysian palm oil price drops over 1% on weakness in US soyoil

KUALA LUMPUR: Malaysian palm oil futures fell more than 1 percent on Friday, charting a second day of losses, weighed down by weaker overnight soyoil on the U.S. Chicago Board of Trade (CBOT) and profit booking.

Markets 21 Dec 2018 | 10:49 PM

Oil price drops more than 11% in week as supply weighs

NEW YORK: Oil prices fell on Friday to their lowest since the third quarter of 2017, heading for losses of more than 11 percent in a week, as global oversupply kept buyers away from the market ahead of holidays over the next two weeks.

World 21 Dec 2018 | 10:29 PM

Exit of trusted Mattis sparks concern among U.S. allies

BRUSSELS (Reuters) - Key allies of Washington expressed concern on Friday about the resignation of U.S. Defense Secretary Jim Mattis and the policies of President Donald Trump that prompted it, praising Mattis as a committed partner.

Swimming 21 Dec 2018 | 8:46 PM

Governing body FINA says it wants more athlete input

LONDON (Reuters) - World swimming's governing body FINA has said that it will look for new ways to improve its structure after several world and Olympic champions raised concerns at a summit in London this week.

Football 21 Dec 2018 | 7:52 PM

Record audience watched 'best World Cup ever' - FIFA

(Reuters) - A record audience of more than 3.5 billion people watched this year's World Cup in Russia, with the final between France and Croatia attracting 1.12 billion viewers, world soccer's governing body said on Friday.

World 21 Dec 2018 | 7:39 PM

Germany calls for clarity from U.S. after Mattis resignation

FRANKFURT (Reuters) - Germany's Defense Minister Ursula Von der Leyen on Friday called for clarity from the United States after the abrupt resignation of U.S. Defense Secretary Jim Mattis.

World 21 Dec 2018 | 6:41 PM

In a Tokyo neighbourhood's last sushi restaurant, a sense of loss

TOKYO (Reuters) - "I'll have a draft," says Yasuo Fujinuma, heaving himself down at the sushi counter. He pulls a pack of cigarettes from a frayed pocket of his sweater. From the corner of the restaurant, a small TV hums the noon weather forecast. He never drinks at noon.

World 21 Dec 2018 | 6:17 PM

Pope urges predator priests to turn themselves in

VATICAN CITY (Reuters) - Pope Francis on Friday urged predator priests who have sexually abused minors to turn themselves in, making one of his strongest comments ever on the crisis sweeping the Roman Catholic Church.

World 21 Dec 2018 | 5:00 PM

China denies 'slanderous' economic espionage charges from U.S., allies

TIANJIN, China (Reuters) - China's Foreign Ministry said on Friday it resolutely opposed "slanderous" accusations from the United States and other allies criticising China for economic espionage, urging Washington to withdraw its accusations.