KUALA LUMPUR (Reuters) – A Malaysian court on Monday declined to grant bail to former Goldman Sachs (GS.N) banker Roger Ng, pending his extradition to the United States where he faces charges related to suspected money laundering of funds siphoned off from state fund 1MDB. Ng has been detained in Kuala Lumpur since Nov. 1 […]
A US delegation is due in Beijing today for trade talks with Chinese officials. This is the first face-to-face encounter since US President Donald Trump and Chinese President Xi Jinping agreed to a temporary truce on December 1 last. Meanwhile, tomorrow the World Bank will update its ‘Global Economic Prospects’ report, with its forecasts for […]
SYDNEY (Reuters) – Asian shares sped ahead on Monday as a dovish turn by the Federal Reserve and startlingly strong U.S. jobs data soothed some of the market’s worst fears about the global outlook. Chinese stocks firmed after the country’s central bank announced an easing in policy on Friday, with 100 basis points of cuts […]
Foreign direct investment to Ireland has probably never gone better than in the last three years. This is borne out by the fact there are now more people working in IDA Ireland-backed multinationals than ever before. The quality of the jobs being produced in these investments is in large part highly skilled and perhaps in […]
Banyan Tree Group Resort operator Banyan Tree Group said yesterday that it has signed 26 hotel agreements for its four brands, with most of the projects based in Greater China. These projects are expected to become operational over the next three years, with 17 based in Chinese provinces such as Guizhou, Hebei and Zhejiang. The […]
The customer is always right. Except when they’re wrong. And sometimes they’re told they’re wrong even when they’re right. Shoppers rights are even more complex in January as the sales are on, meaning many stores change their policies – so today I have 10 things everyone needs to know. And as complaints can cause conflict […]
It may take them the longest to get on the property ladder but young homeowners are the most on top of their mortgage payments – with under-25s the most likely to overpay, figures show. Almost half (46%) of homeowners overpaid on their mortgage last year, and 18-24 years olds are leading the pack with as […]
WASHINGTON (Reuters) – Tesla Inc has asked the Trump administration to exempt the Chinese-made car computer “brain” of its new Model 3 sedan from 25 percent tariffs imposed in August, saying they threaten the electric carmaker’s bottom line. “Increased tariffs on this particular part cause economic harm to Tesla, through the increase of costs and […]
NEW YORK (Reuters) – Equities around the globe rallied on Friday while bond yields rose after sharply declining earlier in the week as U.S. employment data pointed to economic strength and Federal Reserve Chair Jerome Powell said the U.S. central bank would be patient with its monetary policy. U.S. and European stocks got a boost […]
NEW YORK (Reuters) – Equities around the globe rallied on Friday while bond yields rose after sharply declining earlier in the week as U.S. employment data pointed to economic strength and Federal Reserve Chair Jerome Powell said the U.S. central bank would be patient with monetary policy. U.S. and European stocks got a boost as […]