Wong Chen, member of the Malaysian Parliament, discusses the allegations of corruption surrounding Malaysia's state fund 1MDB and Prime Minister Najib Razak.» Read More
Austerity is - to put it bluntly - not going very well for a number of euro zone countries forced to impose measures on their economies and voters.
Libyan rebels are set for their first oil export as soon as Tuesday as they seek funding to sustain their uprising against Muammer Gaddafi's 41-year rule of the north African nation, the Financial Times reports.
The ECB is this week expected to lift rates by 25 basis points in a bid to reign in inflation despite ongoing fears over the financial health of Portugal, Ireland and Greece.
It is all but certain that the ECB will raise rates this week. It has been itching to do so for some time. Now that the moment has arrived, what will the move actually mean for the euro zone and the global economy?
Jamie Dimon, chief executive of JPMorgan Chase, launched a broadside against financial regulation on Wednesday, warning that new capital rules could be “the nail in our coffin for big American banks,” the Financial Times reports.
David Cameron is to write to European Union leaders urging them to adopt a British plan for growth, at a time when some officials fear he is in danger of being sidelined in a two-speed Europe, the Financial Times reports.
The German government led by Angela Merkel is facing urgent calls from the country’s normally reticent business community for a return to “rational and reliable” economic policies, in a sign of its disenchantment with the centre-right coalition, the Financial Times reports.
The President delivered an excellent speech Monday night on the situation in Libya. He covered the reasons, thoughts, negotiations with allies etc. that explained very well why he took the action he did. You actually didn't need to watch the speech. You don't even have to read the transcript today. All you have to do is look at where the story is positioned in the papers to see how good it was.
Italy's president, Giorgio Napolitano, told CNBC the euro zone's third-largest economy was in no danger of going the way of Portugal and Ireland and seek a financial bailout.
Regulators should include more than 80 banks in their list of global financial institutions of systemic importance that need tighter regulation and higher capital requirements, Douglas Flint, chairman of HSBC, has urged, reports the Financial Times.
Will the euro zone survive its crisis? That was the question I raised three weeks ago. My answer was: yes. My argument was that economic self-interest and political will would combine to preserve the common currency, in spite of the difficulties, Martin Wolf from the Financial Times writes.
After missteps addressing Congressional concerns, President Obama has articulated clearly the goals, means and duration of the U.S. military action in Libya. Critics may say he did not address those issues, but he did and the answers are not acceptable.
The aircraft carrier H.M.S. Ark Royal, taken out of service this year as part of government budget cuts, is being put up for sale online by the Ministry of Defense.
What do you do when the ugly get uglier and you are looking for a profit in the currency markets?
Like stocks, the euro has so far this year shrugged off the so-called wall of worry. Concerns that the likes of Greece, Ireland or Portugal could default have not led to euro losses.
In the months after Bill Clinton received the same kind of electoral drubbing meted out to Barack Obama in November, he used to measure his political standing by the number of Republicans getting ready to run against him, reports the Financial Times.
George Osborne’s Budget brought to the top of the political agenda the question of how Britain taxes its wealthiest people – and simultaneously exposed tensions in the coalition.
Portugal's central bank on Tuesday releases its projections for the country's economic outlook and investors are likely to watch closely for changes in the growth forecast, as the country has been plunged in a political crisis because of its austerity measures.
Angela Merkel, German chancellor, has blamed Japan’s nuclear crisis, triggered by this month’s earthquake, for the “very painful defeat” suffered by her ruling party in the state of Baden-Württemberg, the Financial Times reports.
Fresh reports of violent clashes and midnight raids taking place over the weekend did nothing to stifle a steady stream of traffic through Bahrain's financial district Monday, nor did the continued presence of foreign troops and tanks keep business from re-opening their doors.