The Latest News

Oil dips after meeting resistance at $50 level

May 27, 2016 1:19 pm

SINGAPORE: Oil prices dipped in Asia Friday, pulling back further from the psychological $50 level as traders took profit and expectations of tighter global supply receded. At about 0245 GMT, US benchmark West Texas Intermediate for July delivery was down … Read more »

HK, Shanghai stocks retreat in morning session

May 27, 2016 1:15 pm

HONG KONG: Hong Kong and Shanghai stocks eased in the morning session following losses on Wall Street and as oil fell back below the $50 mark. The Hang Seng Index lost 0.13 percent, or 25.75 points, at 20,371.36. The benchmark … Read more »

Temporary space station habitat fails to inflate

May 27, 2016 11:45 am

MIAMI: NASA aborted an attempt to deploy a temporary habitat at the International Space Station after it failed to inflate to full size on Thursday. The new room, known as the Bigelow Expandable Activity Module (BEAM), is part of an … Read more »

US forces on ground in Syria aiding key anti-IS fight

May 27, 2016 11:32 am

FATISAH,Syria: US forces on the ground in northern Syria are helping a major offensive against the Islamic State group in its stronghold of Raqa province, Kurdish-Arab fighters battling the jihadists say. Near the frontline north of the IS bastion of … Read more »

Djokovic, Nadal reach milestones as Serena eases on

May 27, 2016 10:42 am

PARIS: World number one Novak Djokovic and nine-time winner Rafael Nadal racked up personal Grand Slam milestones at the French Open Thursday as Serena Williams coasted into the third round. Top seed Djokovic, looking for a Roland Garros title to … Read more »

EU faces ‘difficult’ talks on Russia sanctions – Germany

May 27, 2016 10:36 am

RIGA: Germany said Thursday the EU was facing difficult talks on extending sanctions against Russia over the conflict in Ukraine due to the increased resistance of some member states, and denied that a new Cold War was afoot. German Foreign … Read more »

Suspended Sharapova named on Russian Olympic team

May 27, 2016 10:27 am

MOSCOW: Russia have included Maria Sharapova in their Olympic tennis team despite the star player being suspended over a positive test for the banned drug meldonium, the country’s tennis federation said on Thursday. “By the end of the first week … Read more »

China hits back as G7 talk about economy

May 27, 2016 10:25 am

ISE-SHIMA, Japan: World leaders focused Thursday on pumping up the global economy and worries over the growing clout of China — which promptly told the G7 club of rich nations to mind its own business. Presidents and prime ministers from … Read more »

US states sue federal government over transgender bathroom use

May 27, 2016 10:15 am

WASHINGTON: Eleven US states are suing the federal government over guidelines telling public schools to let transgender students use the bathroom of their choice, in a major challenge to the government’s interpretation of anti-discrimination legislation. Wednesday’s move led by Texas … Read more »

UPDATE Marcos takes slim lead with ‘Solid North’ votes

May 27, 2016 12:41 am

SEN. Ferdinand “Bongbong” Marcos, Jr. took a narrow lead over rival Rep. Leni Robredo on Thursday, the second day of the official canvassing of votes for the vice-presidential race, owing to overwhelming victories in the so-called “Solid North” provinces and … Read more »