World economy

Paradise Papers show massive but not illegal tax avoidance by Apple

Paradise Papers show massive but not illegal tax avoidance by Apple

07 Nov 2017

Tech giant Apple chose the Channel Islands as a new haven to continue avoiding billions in taxes after a 2013 crackdown on its controversial tax practices in the Republic of Ireland, the Paradise Papers show

All eyes on US as Bonn climate meet gets under way

All eyes on US as Bonn climate meet gets under way

06 Nov 2017

Participants in the 12-day climate conference will include leaders and diplomats from 195 nations, as well as scientists, lobbyists and environmentalists – and US President Donald Trump’s avowed climate scepticism is causing worry

US commerce secretary Ross faces questions over Russian ties after Paradise Papers leak

06 Nov 2017

Billionaire Prince Alwaleed among those held in sweeping Saudi purge

Billionaire Prince Alwaleed among those held in sweeping Saudi purge

06 Nov 2017

The arrest of dozens of the country's most powerful princes, military officers, influential businessmen and government ministers is being viewed as part of Crown Prince Mohammed bin Salman’s efforts to cement power

Paradise Papers: tax avoidance by the world’s rich and famous

Paradise Papers: tax avoidance by the world’s rich and famous

06 Nov 2017

A huge new leak of financial documents reveals how the powerful and ultra-wealthy, including the private estate of Queen Elizabeth II and several top aides of US President Donald Trump as well as a host of Indian entities, secretly invest in tax havens

Trump names Jerome Powell to replace Yellen as Fed chair

Trump names Jerome Powell to replace Yellen as Fed chair

03 Nov 2017

Nominated to the Federal Reserve under the Obama administration, Powell is expected to continue his predecessor Janet Yellen’s policies, though he may be more liberal in regulating financial institutions

China calls India ‘important neighbour’, but fails to budge on Azhar

03 Nov 2017

Fed keeps interest rates unchanged, review likely in December

Fed keeps interest rates unchanged, review likely in December

02 Nov 2017

The Federal Open Markets Committee kept the interest rate on federal funds unchanged at 1-1.25 per cent, even as it played down the impact of recent hurricanes, signalling a likely rate hike in December

Terror hits New York: truck on bike path kills 8, hurts 12

02 Nov 2017

Facebook, Twitter, Google unveil extent of Russian meddling

Facebook, Twitter, Google unveil extent of Russian meddling

02 Nov 2017

In their testimony before a Congress committee, the social media companies revealed startling new data showing many more millions of Americans were exposed to the fake news than previously thought

US trade body recommends up to 35% duty on solar gear imports

01 Nov 2017

Facebook, Twitter, Google reveal big-time Russian meddling in US polls

01 Nov 2017

Bank of England projects 75,000 finance job losses after Brexit

31 Oct 2017

India ships wheat to Afghanistan via Iran’s Chabahar port

30 Oct 2017

Eliminate terror groups or we will, US warns Pakistan

28 Oct 2017

Catalonia votes to break away from Spain, Madrid rule imminent

28 Oct 2017

JFK assassination documents bared, but Trump holds back hundreds

27 Oct 2017

The release date of the documents was mandated in 1992, but despite having months to prepare for it, Trump’s decision came down to a last-minute debate with intelligence agencies on what to withhold

Efforts to revive coal industry unlikely to work, may slow job growth

27 Oct 2017

Saudi Arabia to spend $500 bn on futuristic city with fully green power

26 Oct 2017

Saudi Arabia is getting into the city-building business with a new mega-city that will span three different countries and be powered completely by alternative or green energy

Xi Jinping gets fresh 5-year term, name added to Chinese constitution

24 Oct 2017

President Xi Jinping has emerged stronger than ever as an amendment to the constitution made his ideology a new component of the Communist Party of China’s guide for action, while Premier Li Keqiang also won a fresh term

China asks Pak to beef up security for its envoy amid threats

23 Oct 2017

Abe’s big election win bolsters Japanese markets

23 Oct 2017

Prime Minister Shinzo Abe who assumed office in December 2012, now looks set to secure a third three-year term as LDP leader next September and go on to become Japan’s longest-serving premier

Hawaii judge again overturns Trump’s latest travel ban

18 Oct 2017

US sees key role for India in ending Pak terror havens: Haley

18 Oct 2017

Don’t push for veto power in UN, Nikki Haley tells India

18 Oct 2017

'The key to getting India on the UN Security Council would have to be not to touch the veto,’ says US Ambassador to the United Nations Nikki Haley, adding that the five nations with veto power are unwilling to share it

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