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Nation 30 Oct 2016 | 12:00 AM Premium

A balancing act

The new lifestyle tax relief under Budget 2017 may help boost standards of living – but let’s not forget the rising cost of living.

Business 28 Oct 2016 | 11:41 PM Premium

Soybean exports power US economy to best performance in two years

WASHINGTON: The U.S. economy grew at its fastest pace in two years in the third quarter as a surge in soybean exports and a rebound in inventory investment offset a slowdown in consumer spending.

Economy 28 Oct 2016 | 3:58 PM Premium

US economy grew at 2.9% pace in Q3, fastest in 2 years

WASHINGTON: US economic growth accelerated to a 2.9% annual rate in the third quarter boosted by a big jump in exports and solid consumer spending, the Commerce Department reported Friday.

World 28 Oct 2016 | 1:59 AM Premium

Venezuela parliament seeks to push ahead with Maduro trial

CARACAS (Reuters) - Venezuela's Congress on Thursday heard emotional testimony from citizens accusing President Nicolas Maduro of violating their rights, in a political trial meant to pressure the socialist leader into accepting a recall vote.

Business 28 Oct 2016 | 12:00 AM Premium

Indonesian bonds eclipse Malaysia’s

KUALA LUMPUR: Indonesia’s bonds have returned three times as much as Malaysia’s this year as policy makers in South-East Asia’s biggest economy embark on the longest easing cycle since the global financial crisis. Government securities in Indonesia returned 18% in 2016, while Malaysia’s rose 5.5%, less than the regional average.

Business 28 Oct 2016 | 12:00 AM Premium

UK economy proves resilient to Brexit on services

LONDON: The UK economy grew faster than economists forecast in the third quarter, with services single-handedly ensuring resilience against any Brexit fallout.

Economy 27 Oct 2016 | 9:31 AM Premium

UK economy defies fears of quick Brexit hit, grows solidly in Q3

LONDON: Britain’s economy barely slowed in the third quarter despite the Brexit vote shock, further diminishing the chance of a fresh interest rate cut by the Bank of England (BoE) next week.

World 27 Oct 2016 | 8:51 AM Premium

Venezuela opposition to protest Maduro 'dictatorship'

CARACAS/SAN CRISTOBAL (Reuters) - Venezuela's increasingly militant opposition stepped up its push to oust leftist leader Nicolas Maduro on Wednesday with protests that drew hundreds of thousands but also saw unrest leading to dozens of injuries and arrests.

Business 26 Oct 2016 | 10:49 PM Premium

US stocks mixed as Apple weighs

NEW YORK: Apple's results weighed on U.S. stock prices on Wednesday after the technology giant posted its first annual revenue decline since 2001, while oil and gold prices slipped.

World 26 Oct 2016 | 8:46 PM Premium

South African universities get an extra $1.2 billion to improve student enrollment

CAPE TOWN (Reuters) - Students at South African universities and higher education institutions will receive an extra 17 billion rand ($1.2 billion or 983.3 million pounds) over the next three years, Finance Minister Pravin Gordhan said on Wednesday.