Washington, Nov 3: President Donald Trump tapped Jerome Powell on Thursday to replace Janet Yellen as Fed chair when her term ends in February, choosing a moderate member of the Fed’s board who has backed Yellen’s cautious approach to interest rate hikes. Mr. Powell, 64, is seen as a safe pick whose selection will likely assure investors hoping for continuity at the Central Bank. Some analysts see
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Mumbai, Nov 3: Dina Wadia, the daughter of Pakistan’s founder Muhammad Ali Jinnah and mother of industrialist Nusli Wadia, died at her New York home on Thursday. She was 98. A statement issued by the Wadia family said that she died peacefully. It read, “She is survived by her daughter Diana, son Nusli, her grandsons, Ness and Jeh, Jeh’s wife Celina and two great grandchildren, Jah and Ella Wadia.”
Beijing, Nov 3: China on Friday said it was ready to work with India to promote "constant progress" of bilateral relations, amid fresh strains in ties after Beijing again blocked Pakistan-based JeM chief Masood Azhar's designation as a global terrorist by the UN. On November 2, China, for the fourth time, blocked India, the US and other nations' bid to list Pathankot terror attack mastermind Azhar
Washington, Nov 3: A Twitter employee deactivated Donald Trump’s personal account on the last day of work, the company said on Thursday. The move by the employee – who has not been named – meant that the president’s @realdonaldtrump account was down for 11 minutes. During the brief period of downtime, shortly before 4pm Pacific time (11pm GM), anyone going to the @realDonaldTrump Twitter page
Washington, Nov 2: President Donald Trump on Wednesday vowed that he will terminate the popular green card lottery after an ISIS-inspired Uzbek man who entered the US under the programme killed eight people in New York in the deadliest terror attack in the country since 9/11. Trump said the attacker Sayfullo Habibullaevic Saipov, who ploughed a pickup truck down a crowded bike path near the World
Thornton, Nov 2: At least three people were killed in a shooting inside a Walmart store on Wednesday in suburban Denver, where police said they had not yet taken anyone into custody. Police in Thornton, Colorado, did not immediately release any information about the circumstances of the shooting or who was responsible for the gunfire. Two men were killed in the shooting. A women, who was injured
Tokyo, Nov 1: Japan’s Shinzo Abe was re-elected Prime Minister on Wednesday after his ruling bloc’s big election win last month and days ahead of a visit by U.S. President Donald Trump that is expected to be dominated by concerns over a volatile North Korea. Mr. Abe, 63, took office in December 2012, promising to reboot the stale economy and bolster defence. His Liberal Democratic Party-led
New York, Nov 1: At least eight people in New York City have been killed and 11 injured after a driver ploughed into cyclists and pedestrians before being shot by police, according to US officials. The incident on Tuesday "was a particularly cowardly act of terror aimed at innocent civilians", Bill de Blasio, mayor of New York City, told a news conference. Police said a 29-year-old male driver of
Tokyo, Oct 31: More than 200 people are feared to have died when a tunnel caved in at North Korea's nuclear test site after its latest detonation, a Japanese news report said today. A tunnel collapsed at Punggye-ri in early September, days after North Korea conducted its sixth and largest underground nuclear test on September 3, TV Asahi said, quoting unnamed North Korean sources. Some 100 workers
Mogadishu (Somalia), Oct 29: A suicide truck bomb exploded outside a popular hotel in Somalia's capital, killing at least 23 people and wounding more than 30, and gunfire continued as security forces pursued other attackers inside the building, police said. Two more blasts were heard, one when an attacker detonated a suicide vest yesterday. Speaking to the Associated Press by telephone from the