EU seeks to unleash crackdown on tax evasion
BRUSSELS: European finance ministers bid yesterday to unlock a trillion-euro annual crackdown on tax evasion, under pressure from European Union…
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Germany threatens new EU bailout plans
LONDON: Germany’s finance minister warned that only European Union (EU) treaty change would create the legal framework needed to allow…
EU culture ministers seek exemptions from US FTA
PARIS: European culture ministers from Germany, France and 12 other member nations have called for the audiovisual sector to be…
Australia’s Labor bracing for budget Swansong
CANBERRA: Treasurer Wayne Swan vowed to keep Australia among the world’s top economies and talked up his party’s poll hopes…
Japan’s Sharp posts record annual loss of US$5.4 bln
TOKYO: Japanese electronics giant Sharp yesterday posted a record annual loss for the second year in a row, although it…
Samsung to set up foundation amid ‘creative economy’ push
SEOUL: Samsung Group, South Korea’s No. 1 conglomerate, said Monday it plans to establish a foundation to bolster the country’s…
Short-term rates to remain stable on Bank Negara’s intervention
KUALA LUMPUR: Short-term interbank rates are expected to remain stable today as Bank Negara Malaysia intervenes to absorb excess liquidity…
Ringgit opens firmer on improved buying interest
KUALA LUMPUR: The ringgit opened firmer in early trading Tuesday prompted by improved buying interest, dealers said. At 9.07 am,…