US share markets have suffered their sharpest one-day falls in months, as fears about rising interest rates, inflation, trade tensions intensified. The tech-heavy Nasdaq led the declines, sliding 4%, or 315.9 points, to 7,422.   The Dow Jones and S&P 500 also fell by more than 3%, with losses accelerating towards the end of the day. Netflix fell 8%, while ...

Indonesia authorities say at least three people have been killed and four injured Thursday after a powerful earthquake struck near the popular tourist island of Bali. Sutopo Purwo Nugroho, a spokesman for Indonesia’s disaster agency BNPB, wrote on Twitter that several houses were also damaged in the magnitude 6.0 earthquake that shook Bali and East Java.   The country is ...

Malaysia’s government reportedly plans to abolish the death penalty for all crimes and halt all pending executions. Local media reported Law Minister Liew Vui Keong announced Wednesday that the Cabinet had agreed to abolish the death penalty and that the bills to do so would be tabled when Parliament resumes Monday.   Human rights groups hailed the decision. Amnesty International ...

Keiko Fujimori, the daughter of the former Peruvian President Alberto Fujimori, has been arrested as part of an investigation into money laundering. Mrs Fujimori, who is leader of the opposition in the Peruvian congress, was detained along with her husband.   The judge said they would be held initially for 1days along with 19 other suspects.   Prosecutors allege she ...

A flash flood on the Spanish island of Majorca has killed at least 10 people, including at least three foreigners. A wave of muddy water engulfed the town of Sant Llorenç des Cardassar, in the east of the island, after heavy rain caused a river to burst its banks.   Vehicles were swept away as water gushed through narrow streets. ...

Photo: Indian security men stand at the scene after an express train partially derailed at a railway station in Rae Bareli, 80 kilometers southwest of Lucknow, the capital of Uttar Pradesh state, India, Wednesday, Oct.10, 2018. Lucknow, Oct 10 : Police say an express train has partially derailed in northern India, killing five passengers and injuring dozens more. Police director ...

One of the most comprehensive studies of the state of banking and markets since the financial crisis warns that “dangerous undercurrents” are a rising threat to the world economy. The International Monetary Fund’s Financial Stability Report says that although banks are far safer than they were in 2008 there are new risks.   Trade tensions are growing, the IMF says, ...

When SpaceX launched a rocket carrying an Argentine Earth-observation satellite from California’s Central Coast, both the night sky and social media lit up.   People as far away as San Francisco, Sacramento, Phoenix and Reno, Nevada, posted photos of the Falcon 9 rocket’s launch and return on October 7 night. It was the first time SpaceX landed the first-stage booster ...

Emergency services in Spain’s Balearic islands say at least five people have died in flooding caused by a torrential rainstorm, with rescuers looking for an unknown number of people still missing. An emergency services spokeswoman said four people died in Sant Lorrenc, a town about 60 kilometers (40 miles) east of Mallorca’s capital, Palma.   The fifth victim was in ...

A court in Guatemala has sentenced the former vice-president, Roxana Baldetti, to 15 years and six months in jail for her role in what became known as the “Magic Water” scandal. Prosecutors said that she embezzled millions from a state fund set up to decontaminate a lake.  The chemical formula used as part of the clean-up was an ineffective solution ...