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By Saikat Chatterjee | HONG KONG HONG KONG Asian stock markets held near three-month highs on Wednesday as investors scooped up exporter shares after U.S. President-elect Donald Trump expressed concerns over a stronger dollar. In Asia, MSCI’s ex-Japan Asia-Pacific shares index .MIAPJ0000PUS rose 0.3 percent, just shy of a three-month high hit last Thursday. Stock markets in Hong Kong .HSI and China .SSEC led the gains. “Trump’s […]

BANGKOK (Thomson Reuters Foundation) – Thai transgender activist Nada Chaiyajit completed her undergraduate studies in August, and two months later, school officials told her 12 classmates – all men – that their graduation certificates were ready. But her college, the University of Phayao in northern Thailand, would not issue her documents because she submitted a photo in which she looks like a woman, even though her identity […]

TEHRAN — Even if President-elect Donald J. Trump would want to, there is no chance of renegotiating the 2015 nuclear agreement with Iran, the country’s president, Hassan Rouhani, said on Tuesday. “Mr. Trump says things like that he is not happy with the nuclear deal, or he calls it the worst agreement,” Mr. Rouhani said. “These are more like slogans. I consider it unlikely that anything will […]

Before she spoke on Tuesday, Theresa May was gaining a reputation for talking sterling lower by spooking investors that Britain was headed to a disorganised exit from both the EU and its common market. Her Lancaster House speech was the first occasion the pound rallied to her Brexit views since becoming prime minister; it had risen nearly 3 per cent by the end of the London trading […]

By Elisabeth O’Leary | EDINBURGH EDINBURGH The British government’s plan for leaving the European Union is “economically catastrophic” and Scotland must have the option of voting for independence if its views on Brexit are rejected, Scottish First Minister Nicola Sturgeon said on Tuesday. Sturgeon, who leads the pro-independence devolved government, was speaking after British Prime Minister Theresa May signalled Britain would quit the European Union single market […]

Theresa May’s first big speech on Brexit since she became prime minister removed some of the political uncertainty that has dogged the pound. However, the messiness of the politics of Britain’s exit from the EU still tops the lost of reasons why sterling will remain under pressure. A list of the pound’s pros and cons quickly shows why it is languishing at levels last seen in the […]

DUBAI Iranian President Hassan Rouhani said on Tuesday U.S. President-elect Trump cannot unilaterally cancel the nuclear deal Tehran signed with world powers including Washington and that talk of renegotiating it was “meaningless”. Trump, who will take office on Friday, has called the July 2015 agreement “the worst deal ever negotiated”. He has threatened to either scrap the agreement or seek a better deal. Under Iran’s agreement with […]

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LONDON British Prime Minister Theresa May said on Tuesday she would put the final agreement on Britain’s exit from the European Union to a vote in parliament. May said there would have to compromises in the negotiations but it was important to provide “as much certainty as possible” and there would be proper scrutiny. “When it comes to parliament, there is one other way I would like […]

January 17, 2017 by: Henry Mance, Political correspondent Theresa May has promised a clean break with the EU, saying that Britain would not “seek to hold on to bits of membership as we leave”. In a much anticipated speech outlining her Brexit objectives, the prime minister said that Britain would seek “a new and equal partnership” with the other 27 countries in the EU — not “anything […]

By Kylie MacLellan and William James | LONDON LONDON Britain will not seek a Brexit deal that leaves it “half in, half out” of the EU, Prime Minister Theresa May will say on Tuesday in a speech setting out her priorities for divorce talks which indicates she is prepared to leave the single market. Sterling, which has traded at the lowest levels against the U.S. dollar for […]

Bahrain’s foreign ministry summoned Iraq’s ambassador in Manama to protest against remarks by Iraqi officials denouncing the execution of men convicted of a 2014 bomb attack, state news agency BNA said on Monday. The execution on Sunday of three men, whose attack killed three policemen, has drawn condemnation from rights groups. Iran called it a “reckless” act. British Foreign Secretary Boris Johnson said Britain opposes the death […]

Theresa May will test the nerves of currency markets on Tuesday when she declares that Britain is making a clean break from the EU and will not seek a deal that leaves the country “half in and half out”. Mrs May’s comments will be seen as confirmation that Britain is leaving the single market — sometimes referred to as “a hard Brexit” — although she will leave […]

By Kylie MacLellan | LONDON LONDON Britain will not seek a Brexit deal that leaves it “half in, half out” of the European Union, Prime Minister Theresa May will say on Tuesday, according to her office, in a speech setting out her 12 priorities for upcoming divorce talks with the bloc. Those priorities will include leaving the European Union’s single market and regaining full control of Britain’s […]

Photo From left, Sami Mushaima, Ali al-Singace and Abbas al-Samea, who were convicted in a deadly police bombing and executed on Sunday morning in Bahrain. Credit Bahrain Center for Human Rights, via Associated Press BEIRUT, Lebanon — Bahrain executed by firing squad on Sunday three Shiite men convicted of killing three police officers in a bombing in 2014. The executions were condemned by human rights groups, which […]

Ministers are drawing up plans for a two-tier system of UK border controls for EU citizens as Theresa May prepares to tighten migration rules at the expense of single market membership. Senior government officials expect the prime minister to decide on a system based on work permits and new automated security checks — similar to the US visa-waiver programme — for EU citizens travelling to Britain. The […]

LONDON (Thomson Reuters Foundation) – As university students mill around a bright and airy study hall in London, Eiad Zinah converses in his native language Arabic with a female student from Germany. It is the first time the pair have met for a language tuition session – and it is the Syrian refugee who is running the tutorial today, not the other way around. “It’s an amazing […]

NEW YORK (Thomson Reuters Foundation) – Millennials, some so young they need their parents’ permission and others with babies in tow, will join women’s protests this weekend as their generation for the first time faces challenges to rights they have known most of their lives. Hundreds of thousands of people are expected to attend the Women’s March on Washington and sister marches in other cities around the […]

LONDON Britain’s Prince Charles, a vocal environmental campaigner, has co-authored a basic guide to the problems posed by climate change. Charles, 68, has written “The Ladybird Introduction to Climate Change” with the help of former Friends of the Earth director Tony Juniper and polar scientist Emily Shuckburgh. The heir to the throne has long been a fierce critic of climate change sceptics and the cover image of […]

By Nigel Stephenson | LONDON LONDON Investors sold sterling and stocks on Monday, seeking shelter in gold and the Japanese yen as uncertainty over Britain’s departure from the European Union and the policies of U.S. President-elect Donald Trump curbed appetite for risky assets. U.S. markets were closed for the Martin Luther King Day holiday, crimping market activity and potentially exacerbating price moves. The dollar .DXY rose, except […]

Traders are anticipating big swings in the pound, ratcheting up the cost of hedging against sterling volatility in preparation for fast-moving developments in the UK’s ever-more fractious relationship with the EU. Theresa May’s Brexit speech that she will deliver on Tuesday has already caused big shifts in the pound, following weekend media reports about its likely content. However, traders are now weighing up the impact of Donald […]

The pound has fallen below the $1.20 mark for the first time since the October “flash crash”, ahead of a speech on Tuesday when UK prime minister Theresa May is expected to signal that Britain will fully break out of the EU’s common market after Brexit. The UK currency fell as much as 1.6 per cent to a low of $1.1986 against the dollar in early Asian […]

DUBAI/TEHRAN: Iran will not renegotiate its nuclear agreement with world powers, even if it faces new US sanctions after Donald Trump becomes president, Deputy Foreign Minister Abbas Araghchi said on Sunday.US “hostility” to Iran is growing day by day despite Tehran’s nuclear deal, the senior Iranian official said, ahead of the first anniversary of the historic accord.“The United States has done whatever it can do (to) slow […]

By Ben Hirschler | DAVOS, Switzerland DAVOS, Switzerland Trust in governments, companies and the media plunged last year as ballots from the United States to Britain to the Philippines rocked political establishments and scandals hit business. The majority of people now believe the economic and political system is failing them, according to the annual Edelman Trust Barometer, released on Monday ahead of the Jan. 17-20 World Economic […]

By Estelle Shirbon and William James | LONDON LONDON Prime Minister Theresa May will use a major speech on Brexit next week to call on Britons to reject the acrimony of last year’s referendum and unite around the vision of a Britain more open to the world, her office said on Sunday. May intends to kick off the formal process of negotiating the terms of Britain’s exit […]

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