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In "World / Asia"
NEW DELHI — Two years ago, on his bank adviser's suggestion, Rajesh Kumar pulled out his savings — fixed deposits included — and shifted to mutual funds, stocks and bonds.With India's stock market booming, Kumar, a Bihar-based engineer, joined millions investing in publicly traded companies. Six years ago, only one in 14 Indian households channelled their savings into the stock market — now, it's one in five.But the tide has turned.For six months, India's markets have slid as foreign investors pulled out, valuations remained high, earnings weakened and global capital shifted to China — wiping out $900bn in investor value since their September peak. While the decline began before US President Donald Trump's tariff announcements, they have now become a bigger...
March 06, 2025
Boom to gloom: India middle-class jitters amid trillion-dollar market rout
March 06, 2025
Bangladesh leader likens Sheikh Hasina regime to 'terrible tornado'
March 05, 2025
China defies Trump’s trade war by setting ambitious 5% growth target
March 05, 2025
Rare cyclone threatens millions on Australia’s east coast
March 04, 2025
Scottish man acquitted in India terror case
TOKYO — Japan has deployed more than 2,000 firefighters to battle the country's biggest forest fire in three decades.At least one person has died in the blaze, which has torched more than 5,200 acres around the northern Japanese city of Ofunato since Thursday, according to the Fire and Disaster Management Agency (FDMA).Although January to March is typically Ofunato's driest season, the area saw less rainfall last month than any February in more than 20 years — recording just 2.5 millimeters, compared to the usual average of 41.About 4,600 people remain under government-issued evacuation orders as the fire continues to burn.Some 2,000 have already left the area to stay with friends or relatives, and more than 1,200 have evacuated to shelters, officials said.The fires are burning...
March 03, 2025
Thousands evacuated as Japan's biggest fire in decades continues to burn
March 03, 2025
Rower rescued days before completing trans-Pacific feat
March 03, 2025
Dozens found alive in metal containers after India avalanche
February 28, 2025
Six killed in suicide bombing at Pakistan Islamic seminary
WELLINGTON — The owners of a New Zealand volcano that erupted in 2019, killing 22 people, have had their conviction over the disaster thrown out by the country's High Court.Whakaari Management Limited (WML) was found guilty in 2023 of failing to keep visitors safe and fined just over NZ$1m ($560,000; £445,000). They were also ordered to pay NZ$4.8m in reparation to the victims.However, following an appeal, the High Court ruled on Friday that the company only owned the land and were not responsible for people's safety.White Island, which is also known by its Māori name, Whakaari, is New Zealand's most active volcano and has been erupting in some form since 2011.It had been showing signs of heightened unrest for weeks before the fatal December 2019 eruption, which killed...
February 28, 2025
Volcano owners' conviction over deadly eruption thrown out
