HONG KONG, (ًٌٰMILLAT+APP/AFP) – Hong Kong stocks rallied almost two percent at the open on Thursday, tracking a global surge as investor concerns over Donald Trump’s shock US election win were soothed by hopes he will boost the world’s top economy. The Hang Seng index rose 1.93 percent, or 433.55 points, to 22,848.74. And the […]
International News
Hong Kong stocks join global rally at open
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Obama to host Trump at White House
WASHINGTON, (MILLAT+APP/AFP): A triumphant Donald Trump heads to the White House Thursday for talks with President Barack Obama on securing a smooth transition of power and steading nerves after an election that shocked the world. Anger over the Trump win spilled out on the streets of cities from New York to Los Angeles late Wednesday […]
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Muslim Council of Elders, Anglican Church meeting ends on high note in Abu Dhabi
ABU Dhabi, ( MILLAT+APP/IINA): A two-day meeting of the Muslim Council of Elders andthe Anglican Church hosted by the United Arab Emirates, ended recently here, with participants emphasizing the necessity to work on building a world based on mutual understanding. In addition to the Muslim-Christian dialogue, with an aim of effectively bridging the gap that […]
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Trump’s victory challenges Fed policy, independence
WASHINGTON, (MILLAT+APP/AFP): Donald Trump’s surprise victory in the US presidential race raises new questions over Federal Reserve policy in the short run and the central bank’s vital operational independence over the longer term. How his proposed, dramatic policy shifts impact the economy could influence Fed plans to resume raising interest rates after a year’s hiatus, […]
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US-based Muslim groups ask Trump to respect religious freedoms of all
WASHINGTON, (MILLAT+APP): The US-based Muslims groups called on Donald Trump to respect religious freedom of all American, following his victory in the US Presidential elections that stunned people and governments across the globe. The US Council of Muslim Organizations (USCMO), the largest coalition of national, regional, and local Muslim organizations, in a statement urged the […]
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N. Korea urges policy shift from Trump administration
SEOUL, (MILLAT+APP/AFP) – North Korea on Thursday warned the incoming Donald Trump administration will have to deal with a “nuclear state”, saying Washington’s push for denuclearisation was an “outdated illusion”. “If there is anything the Obama administration has done… it has put the security of the US mainland in the greatest danger,” said an editorial […]