Palestinian President Abbas says Holocaust ‘most heinous crime’

Ramallah, Aug 17, (dpa/GNA) – Palestinian President Mahmoud Abbas, has reportedly described the Holocaust as “the most heinous crime in modern human history,” in…

China unexpectedly cuts 2 key rates, withdraws cash from banking system

Shanghai, Aug 15 (Reuters/GNA) – China’s central bank unexpectedly cut a key interest rate for the second time this year and withdrew some cash…

Malaysia’s economy grows at fastest pace in year 

Kuala Lumpur, Aug. 12, (dpa-AFX/GNA) - Malaysia’s economy grew at the fastest pace in a year in the second quarter as household spending strengthened on the labour…

Asian shares mixed amid US rate hike worries 

Canberra, Aug. 12, (dpa-AFX/GNA) - Asian stocks ended mixed on Friday, with Japanese markets posting strong gains in a catch-up rally following a holiday.  A cautious undertone…

China extends Taiwan military drills, prompting fears of a new normal

Beijing/Taipei, Aug 9, (dpa/GNA) – Despite its initial announcement that Chinese manoeuvres around Taiwan would end on Sunday, the People’s Liberation Army continued their…

Philippine economy expands 7.4% in Q2, well short of expectations 

Manila, Aug. 9, (dpa-AFX/GNA) - The Philippine economy grew well short of expectations in the second quarter as high inflation weighed on household spending and weak global…

Malaysia’s industrial production increases; jobless rate falls

Kuala Lumpur, Aug. 9, (dpa-AFX/GNA) - Malaysia’s industrial production increased at a faster pace on the back of strong growth in manufacturing and electricity output, data from…