WASHINGTON,. Former New York mayor Michael Bloomberg, the centrist billionaire Democrat who positioned himself as a potential challenger to Donald Tru...
China offers to ramp up US imports, Bloomberg reports
NEW YORK,. China has offered to go on a six-year buying spree to ramp up imports from the United States in order to reconfigure the relation between t...
Report: Goldman’s new CEO says ‘personally outraged’ over 1MDB fiasco
KUALA LUMPUR,. Goldman Sachs CEO David Solomon told the US investment bank’s 40,000 employees that he was “personally outraged” by the “reprehensible”...
Trump says has ‘patience’ for North Korea’s Kim to make deal
WASHINGTON,. Donald Trump said he can be patient with North Korean leader Kim Jong-un, who has yet to take appreciable steps to give up his country’s ...
Trump defends his handling of McCain’s death
WASHINGTON,. President Donald Trump insisted yesterday he properly honoured John McCain following his death but wouldn’t say whether he thought the Ar...
ICBC profit rises most since 2014 amid China derisking campaign
SHANGHAI,. Industrial & Commercial Bank of China Ltd, the world’s largest lender by assets, posted its fastest profit growth since September 2014 ...
Oil jumps to highest in a month as US reports stockpile drop
NEW YORK,. — Oil closed at its highest in a month following a bigger-than-expected decline in US. crude stockpiles. The Energy Information Administrat...
FedEx’d diamonds fuelled India’s biggest bank fraud, report says
NEW YORK,. The price of the large yellow diamond alternately shrank and spiked by about a million dollars as it moved across the globe. The three-cara...
Jho Low hires Christie, Kasowitz for legal defence
KUALA LUMPUR,. — A Malaysian financier accused of looting billions from investment fund 1Malaysia Development Berhad, or 1MDB, has hired several polit...
Almost all banned banknotes in India returned, count shows
MUMBAI,. Indians have deposited almost all the currency notes made illegal by Prime Minister Narendra Modi in 2016, the central bank said in a report ...