The US dollar decreased against most other major currencies on Wednesday as the Federal Reserve left its benchmark interest rates unchanged. The US central bank on Wednesday decided to maintain the target range for the federal funds rate at 1.25 to 1.5 percent after the conclusion of its two-day meeting, while giving an upbeat assessment […]
At least three people were killed and two others injured when a helicopter crashed on Tuesday into a house in California, US. “Five persons involved, 4 in helicopter and one bystander on the ground. Confirmed 3 fatalities,” Newport Beach Police tweeted. “Nobody was inside the home where the chopper went down.” The four-seat Robinson 44 […]
South Korean technology giant Samsung Electronics achieved a net profit of $39.30 billion, 85.6 per cent more than in 2016 thanks to the boom in the memory chip industry. The company also earned a gross operating profit of 56.2 trillion won, 83 per cent higher than the previous year, the company said in a statement […]
Facebook has banned ads that promote initial coin offerings (ICOs), cryptocurrency like Bitcoin and binary options trading from its platforms, including Instagram, Audience Network and Messenger. The new policy prohibits ads that promote financial products and services that are frequently associated with misleading or deceptive promotional practices, Facebook said in a statement late on Tuesday. […]
US Deputy Secretary of State John J. Sullivan has said the US policy for Afghanistan is condition-based and not time-based. Sullivan said the US understands that it may take a “considerable amount of time” to implement its South Asia policy and convince the Taliban back to the negotiating table, Xinhua reported on Wednesday. The recent […]
Emphasising on the significance of the #MeToo campaign, a US tourist, who had complained of molestation during her vacation in Goa in a Facebook post, has thanked the police for swiftly arresting the suspect, hours after she uploaded her travails on social media. In a new post on the social networking site, the victim, who […]
A bullish US President Donald Trump has proclaimed a “new American moment” as he delivered his maiden State of the Union speech. In his address to Congress on Tuesday from the Capitol Hill, he told lawmakers: “There has never been a better time to start living the American dream.” Addressing the joint session of Congress […]
The Pakistan Army resorted to overnight heavy shelling and firing on the Line of Control (LoC) in Poonch district. Using small arms, automatics and mortars, they targeted military and civilian facilities in nearly a dozen areas of the Balakote sector late on Tuesday, Defence Ministry sources said. “The Indian positions retaliated effectively. Firing exchanges continued […]
The director of the Central Intelligence Agency (CIA) expects that Russia will target the US mid-term elections later this year, a media report said. Speaking to the BBC, Mike Pompeo said there had been no significant diminishing of Russian attempts at subversion in Europe and the US. The US intelligence community has said that it […]
Pyongyang has cancelled one of the joint events it had agreed to hold with Seoul following a “historic” meeting earlier in January, and has blamed the South Korean media for it. In a fax on Monday, Pyongyang cancelled the celebration of the joint cultural performance, scheduled for February 4, accusing the South’s media of encouraging […]