The bond market has entered a financial twilight zone, and at this point, there doesn't seem to be a smooth way out.Market Insiderread more
"I think (rate cuts) will help, but whether they're going to be sufficient to counter the negative trade pressures and global growth slowdown and impact is debatable," one...Central Banksread more
China has used both monetary and fiscal measures to lift economic activity as its trade war with the U.S. looks set to intensify in the coming months.China Economyread more
Alibaba held a board meeting before its latest quarterly earnings release last week, during which the board decided to postpone the Hong Kong listing, Reuters reported.Technologyread more
President Donald Trump said on Twitter he was postponing a scheduled meeting with Denmark's prime minister because of her lack of interest in discussing a possible sale of...World Politicsread more
The two countries want to smash the civil aerospace duopoly enjoyed by Airbus and Boeing.Aerospace & Defenseread more
Federal Reserve Chairman Jerome Powell is set to deliver his annual speech on Friday at the Jackson Hole, Wyoming symposium, where he's expected to provide more clarity on the...Asia Marketsread more
After Elon Musk touts Tesla solar on Twitter, Walmart sues the electric vehicle and clean energy company over store rooftop panels that ignited.Technologyread more
U.S. and Asian investors poured $3.7 billion into U.K. tech start-ups in the first seven months of 2019, research shows.Technologyread more
Trump said he has "been thinking about payroll taxes for a long time" — and he cautioned that "whether or not we do something now, it's not being done because of recession."Politicsread more
Secretary of State Mike Pompeo privately told business executives and free traders that the trade war could end by the 2020 election and that hurdles to an immediate agreement...2020 Electionsread more
SRINAGAR, Aug 9 (Reuters) - Authorities plan to relax curbs in India's Muslim-majority state of Jammu and Kashmir to allow people to offer Friday prayers, media said, as a five-day lockdown damped protests over the withdrawal of the Himalayan region's special status.
Seeking to tighten its grip on the contested region, the Indian government this week withdrew the state's right to frame its own laws and allowed non-residents to buy property there.
Since Sunday mobile networks and internet services have been suspended, at least 300 leaders detained and public gatherings banned, effectively confining residents to their homes to stop protests in the revolt-torn region.
There will be "some relaxation" for Friday prayers, K. Vijay Kumar, an adviser to the state's governor, told the Indian Express newspaper.
The prayers are likely to be held in neighbourhood mosques, and not the main mosque in the region's main city of Srinagar, media said.
"The forces have been given flexibility to impose prohibitory orders with minimum force and maximum compassion," Kumar said, adding there had been only a few cases of stone pelting in parts of Srinagar.
Television showed footage of paramilitary soldiers patrolling empty streets in the city, a hotbed of the 30-year revolt in which more than 50,000 people have died.
Thousands of additional paramilitary troops flooded into Kashmir, already one of the world's most militarised regions, ahead of Monday's announcement of the change in the region's constitutional status.
Prime Minister Narendra Modi's government also broke up the state into two federal territories, a step regional leaders decried as a further humiliation.
With a near-total telecoms blackout, there is very little news trickling out of Kashmir, regional leaders said.
United Nations Secretary-General Antonio Guterres was concerned over reports of restrictions in the Indian side of Kashmir, and warned that such action could "exacerbate the human rights situation in region," his spokesman, Stéphane Dujarric, said in a statement on Thursday.
(Writing by Sanjeev Miglani; Editing by Clarence Fernandez)