World

Ghosn indicted as pay scandal escalates

Former Nissan chief was re-arrested for understating his income for another time period
TOKYO • Carlos Ghosn was indicted in Tokyo three weeks after ...

Japan economy shrinks 2.5% in 3Q on capex fall

TOKYO • Japan’s economy contracted more than initially projected in the third quarter (3Q), driven by the biggest drop in business spending in nine years ...

China’s weekend data signal weakening demand

HONG KONG • Economic data for China released over the weekend signal a further weakening of both domestic and international demand in November.
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IMF: Rising trade tension risks eroding confidence

WASHINGTON • Escalating trade tensions between the US and China risk derailing the global economy by undermining business confidence and increasing the ...

Japanese shoppers race to empty SoftBank’s RM367m handout

TOKYO • Shoppers in Japan are racing to see who can spend Masayoshi Son’s money the fastest.
The tech billionaire and SoftBank Group Corp founder has ...

Huawei CFO cites RM50m home, health troubles in bail bid

A survivor of thyroid cancer who also suffers from severe hypertension and sleep apnea, she needs daily access to drugs
VANCOUVER • Meng Wanzhou ...

BP, Shell to face new shareholder challenge over climate in 2019

LONDON • The activists who rankled Royal Dutch Shell plc by ling climate-change resolutions for three straight years now are targeting other oil majors. ...

Soft landings are rare, prepare for worst, OECD warns Aussie

SYDNEY • Soft landings in housing markets are rare and Australia should be ready to respond to the risk of a significant price dive, the Organisation for ...

Saudi Arabia said to review expat fees as economy feels sting

DUBAI • Saudi Arabia is reviewing its policy of imposing fees on expatriate workers after rising costs in inflicted economic pain and contributed to an ...

May delays vote on Brexit

The PM is calling off the key vote today to avoid huge defeat
LONDON • UK Prime Minister (PM) Theresa May (picture) is calling off a crucial vote ...

UK economy loses steam in 3Q as battle over Brexit rages

LONDON • The UK economy lost momentum in the three months through October, a further sign of the toll being taken by Brexit uncertainty.
Growth slowed ...

Brexit opponents get EU court boost

LUXEMBOURG • The UK can unilaterally reverse Brexit, the European Union’s (EU) top court said in a ruling that will fuel the campaign to thwart the ...