Australian Senate to vote in June on corporate tax cutsThe Australian government announced Monday that the Senate will vote in June on cutting corporate tax rates after an opinion poll suggested the contentious reform had popular public support. The leade...
Iran sanctions shadow falls on smaller German banksGermany’s biggest lenders have shied away from business with Iran after past penalties for breaching US sanctions, but smaller banks have leapt on opportunities afforded by the nuclear deal rejected b...
Trump’s trade agenda runs into reality of global geopoliticsPresident Donald Trump's hard-line views on trade, a staple of his message long before he entered politics, are beginning to collide with the cold realities of global geopolitics. Trade talks on China...
Malaysia’s Maybank posts highest-ever first-quarter profitMalayan Banking (Maybank), Malaysia’s largest lender, posted its highest ever first-quarter profit, helped by a drop in expenses and continued decline in impairment losses. Maybank’s net profit for th...
Britain’s supply of electric cars at risk from Brexit: think-tankBritain risks a shortage of electric cars after Brexit as carmakers will lose an incentive to sell low-emission vehicles there, a Brussels-based think-tank warned. Because British sales will no longer...
Japan’s PM defends its automakers against US import probeJapanese Prime Minister Shinzo Abe said on Monday he would seek to convince President Donald Trump of the crucial role his country’s automakers play in boosting the US economy. The Trump administratio...
Blackstone in$2.4 bn bid for Australia office giantUS private equity giant Blackstone has made a Aus$3.1 billion (US$2.4 billion) bid for office property giant Investa, the Australian-listed firm said Monday. Investa Office Fund — which has Aus$4.0 bi...