Malaysia’s new government to scrutinize past economic policies under the now ousted Najib Razak administration is prompting analysts to warn of a slide in investment and growth in one of Southeast Asia’s top economies. The new leadership has appointed a group …
U.S.-based food company Kellogg said on Tuesday it had pulled out of Venezuela due to its brutal economic crisis, the latest business to end operations in the oil-rich nation heaving under hyperinflation and strict price controls. “In December of 2016, …
Only a third of U.S. employers have taken new measures to prevent sexual harassment since the #MeToo movement sparked international debate about the issue, a poll said Tuesday. The Harris survey showed the movement had failed to trickle down to …
China accused the European Union on Tuesday of risking a return to the “law of the jungle,” telling a dispute hearing at the World Trade Organization that it was astonished by what it called the EU’s disregard for the WTO’s …
Russian lawmakers Tuesday unanimously approved, in first readings, legislation to retaliate against the United States and other Western countries for last month’s imposition by Washington of sanctions on some of Russia’s biggest companies and business people. One measure would empower …
The United States has imposed sanctions on the head of Iran’s central bank Valiollah Seif , accusing him of helping funnel millions of dollars to Lebanon-based militant group Hezbollah. “Iran’s Central Bank Governor covertly funneled millions of dollars on behalf …
A Kenyan court on Monday rejected a plea for a change to the laws on how property should be split in divorce cases, a ruling activists said was a blow for women’s rights in the country. Kenya’s High Court dismissed …
The Turkish lira is increasingly under siege amid mounting international investors’ concerns. The publication Monday of unexpectedly poor economic data saw the lira approach record lows. The increasing financial turbulence comes as opposition parties begin to narrow the gap ahead …
Eurasian Economic Union includes Russia, Belarus, Kazakhstan, Armenia and Kyrgyzstan …
Key U.S. lawmakers on Monday attacked President Donald Trump’s call to help save jobs at the Chinese technology giant ZTE, contending it overlooks American national security concerns. Sen. Marco Rubio, one of Trump’s former rivals for the Republican presidential nomination …
President Donald Trump says he is looking for a way to let a Chinese technology firm “get back into business fast” after a U.S. trade ruling severely crippled the company. “Too many jobs in China lost,” Trump tweeted Sunday, days …
There’s a push to level the playing field for women in India, where women account for 42 percent of university graduates but only 24 percent are hired as entry level professionals. Of these, 19 percent are likely to reach senior …
Senior officials from the United States, Canada and Mexico ended the latest round of talks on the North American Free Trade Agreement without any major breakthroughs on how to renegotiate the deal. U.S. Trade Representative Robert Lighthizer said Friday after …
British Prime Minister Theresa May and U.S. President Donald Trump agreed in a phone call Friday that talks were needed to discuss how U.S sanctions on Iran would affect foreign companies operating in the country. Trump’s decision to pull the United States …
Mexico will not be rushed into revamping the North American Free Trade Agreement (NAFTA) just to get a deal, Economy Minister Ildefonso Guajardo said on Friday ahead of trilateral talks with his U.S. and Canadian counterparts. Guajardo said he would …
Motorists with the money can now explore off-road in luxury or just make a statement dropping the kids off at school. Rolls-Royce unveiled its first SUV on Thursday. The Cullinan, named for the diamond in Britain’s Crown Jewels, carries a …
Burden or business opportunity? A new U.N.-backed study of refugees from the World Bank’s International Financial Corporation argues for the latter. The IFC researchers examined one of Africa’s oldest and largest refugee camps, Kakuma in northwest Kenya. What they found …
A senior United Nations official says trade protectionism, rising private and corporate debt, and shortcomings in revenue raising are growing challenges to the economic outlook for the Asia Pacific. Shamshad Akhtar, executive secretary of the UN’s Economic and Social Commission …
Mexico on Thursday indicated time was running out to see whether NAFTA nations could agree a new deal in the short term while Canada struck a upbeat tone, saying top-level talks this week had achieved a great deal. Major differences …
Virginia Wallen is a wife, a mother of three, and a woodworker. She achieved what she has never imagined she would — turning her carpentry hobby into a business. The entrepreneur isn’t just succeeding in her new career, she’s tearing …
Wall Street surged on Wednesday as surging oil prices boosted energy stocks following U.S. President Donald Trump’s decision the previous day to quit a nuclear agreement with Iran. Gains were broad and volume was high, with all but the utilities and telecom sectors advancing …
A New York hedge fund founder was arrested Wednesday on charges that he exaggerated his company’s performance by over $200 million to impress and preserve investors. Anilesh Ahuja, 49, of Manhattan, was charged with conspiracy, securities fraud and wire fraud. …
Saudi Arabia is monitoring the impact of the U.S. withdrawal from the Iran nuclear deal on oil supplies and is ready to offset any shortage but it will not act alone to fill the gap, an OPEC source familiar with …
U.S. producer prices barely rose in April after strong gains in the first quarter, held back by a moderation in the cost of services such as hotel accommodation and healthcare, which could ease fears that inflation pressures were rapidly building …