World

Three MPs quit Conservatives on Brexit

At 11 MPs, the Independent Group would be the joint 4th-biggest bloc in   the Commons
LONDON • Three MPs quit Britain’s governing Conservatives ...

India threatens billionaire with jail on debt

NEW DELHI • In a remarkable warning to India’s elite, the nation’s top court said it will put one of the country’s most prominent business executives ...

Sainsbury-Asda merger near collapse after antitrust ruling

LONDON • J Sainsbury plc’s attempt to create the biggest UK supermarket chain with the £7.3 billion (RM38.68 billion) purchase of WalMart Inc’s Asda Stores ...

Putin says Russia to target US if it puts missiles in Europe

MOSCOW • President Vladimir Putin (picture) signalled Russia will aim new weapons at the US if it stations missiles in Europe after quitting a ...

Indonesia seeks Korea trade deal by November

JAKARTA • Indonesia aims to sign a long-stalled free trade deal with South Korea by November in a move that could boost two-way trade by billions of ...

American Air-backed Mesa counter-bids for Flybe

LONDON • Flybe Group plc said American Airlines-backed Mesa Air Group Inc has launched a counter-bid for its business, leading the stock to more than ...

PBoC makes 1st use of new tool to boost bank capital

HONG KONG • China’s central bank announced the first of a new kind of market operation which aims to encourage financial institutions to issue perpetual ...

China delays coal imports from Australia as tensions simmer

SHANGHAI • China has delayed customs clearance of coal imports from Australia by as long as 40 days, according to a leading industry body, raising ...

BofA seeks rule change to quicken India’s bad-loan clean-up

MUMBAI • India’s distressed debt market is being hobbled by rules that bar foreign funds from directly buying up bank loans, according to Bank of America ...

Why the US and China can’t make a deal

By MICHAEL SCHUMAN / Pic By BLOOMBERG
Optimism that the US and China can reach a trade deal is rising, with another round of intensive negotiations in ...

App-based delivery men highlight India’s growing gig economy

MUMBAI • Suraj Nachre works long hours and regularly misses meals, but he treasures his job as a driver for a food delivery start-up — working in a booming ...

Cathay Pacific sees end to record run of losses after revamp

Airline expects a profit for 2018, helped in part by a strong cargo business and growth from additional routes and seats
By ...