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Sony to shift UK HQ to avoid Brexit disruption

Sony will shift its European headquarters from Britain to the Netherlands to avoid Brexit-related customs issues, but operations at its current UK company will remain unchanged, a company spokesman said Wednesday. "We are moving the location of our European headquarters' registration to the...

Asian markets swing as dealers battle uncertainty

Asian markets fluctuated Wednesday following a negative lead from Wall Street as investors grow nervous about the chances of success in China-US trade talks ahead of a crunch meeting next week. The mood remains cautious, with the rally that has characterised the start of the year stuttering...

Bank of Japan lowers inflation forecasts again

Japan's central bank again revised down its inflation forecasts on Wednesday, in the latest sign of its struggle to reach a long-sought two percent rate that officials consider key to boost the economy. After a two-day meeting the policy board left its mammoth monetary easing programme in...

Tensions rising in Venezuela ahead of rival protests

Opposition supporters and regime loyalists in Venezuela are set to hold competing mass street rallies on Wednesday, two days after a failed mutiny by soldiers hoping to spark a movement that would overthrow President Nicolas Maduro. "We have a historic appointment with our country, with the...

China recognizes Afghan Taliban as political force

China recognizes the Taliban as a “political force” amid its participation in the Afghan peace process, said its envoy to Pakistan, according to local media. Yao Jing, China’s ambassador in Islamabad, also praised Pakistan’s role in facilitating the Afghan peace process -- including its...

Floods, landslides in Indonesia kill 6

Landslides and floods on an island in Indonesia have claimed six lives, local outlets said on Wednesday. According to Metro TV, heavy rains in the southern Gowa region of Sulawesi Island led to the floods and landslides. Search and rescue work continues in the region. Floods and...

Lassa fever prompts ‘emergency’ in Nigeria

Nigeria declared an "emergency situation" Tuesday due to an outbreak of Lassa fever, according to health authorities. The Chief Executive Officer of the Nigeria Centre for Disease Control Chikwe Ihekweazu said in a statement the country took the action because of an increase of cases....

UK’s Prevent strategy faces independent review

The government’s counter-terrorism strategy, Prevent, is to undergo an independent review after ministers agreed to address concerns about its impact on British Muslim communities across the U.K., Ben Wallace, the securities minister, announced Tuesday. His announcement came after the...

Pompeo hails 'disruption' in global politics

US Secretary of State Mike Pompeo on Tuesday praised a wave of "disruption" in world politics, citing Donald Trump and Brexit but also pointing to elections in France and Malaysia. Addressing the world's business elite in the Swiss ski resort of Davos, Pompeo renewed Trump's criticism of...