The leaders of Japan and China got off to a tense start but have made significant progress in turning around their relations in recent years.Asia Politicsread more
Tech's hottest IPOs of the year, including Beyond Meat and Zoom, dropped on Monday, falling more than the broader market.Technologyread more
Citi Private Bank says it has maintained an "overweight" stance on stocks in China, Hong Kong, Taiwan and South Korea.Asia Marketsread more
Stocks in Asia slipped on Tuesday, while investors looked toward a meeting between U.S. President Donald Trump and Chinese President Xi Jinping set to happen later in the...Asia Marketsread more
A week of dovish fireworks out of the central banking community has just gone by with most of the world's leading central banks now guiding towards easing in light of downside...Commentaryread more
"We do not seek conflict with Iran or any other country," Trump tells reporters in the Oval Office.Politicsread more
Chinese Vice Premier Liu He held a phone conversation with U.S. Trade Representative Robert Lighthizer and U.S. Treasury Secretary Steven Mnuchin, China's Ministry of Commerce...World Economyread more
Sen. Bernie Sanders announced a plan Monday to forgive the country's $1.6 trillion outstanding student loan tab, intensifying the higher education policy debate in the 2020...Personal Financeread more
While earnings usually come in substantially ahead of expectations — as much as 4 or 5 percentage points is not unusual — the downward direction in the outlook doesn't speak...Earningsread more
U.S. President Donald Trump's senior adviser Kellyanne Conway will not testify before the House of Representatives Oversight Committee this week on her alleged violations of...Politicsread more
"We missed being the dominant mobile operating system by a very tiny amount. We were distracted during our antitrust trial. We didn't assign the best people to do the work,"...Technologyread more
British listed companies will soon have to reveal and justify the difference in pay between their chief executive and their average employee, under new reforms aimed at tackling excessive boardroom pay.
Public businesses where more than one-fifth of shareholders are opposed to the salaries of board members will then be named and shamed on a public register, according to new government measures to be published Friday.
Britain's business secretary Greg Clark said the rules would make companies "more accountable to their employees and shareholders," yet critics have insisted that the plans have been watered down.
British Prime Minister Theresa May announced an offensive against the "unacceptable face of capitalism" when she came into power last July, and pledged to do more to shrink pay differentials between senior executives and their staff.
However, Tuesday's reforms strip back earlier plans to put workers on board and give shareholders binding votes.
The final guidelines will see companies given a choice between assigning a non-executive director to represent staff, creating an employee advisory council, or nominating a director from the workforce. This means that companies will no longer by obliged to give employees a direct seat on their board.
Britain's shadow business secretary Rebecca Long-Bailey said that the changes were an example of the incumbent Conservative party's tendency to back big business.
"(These plans are) just more crony capitalism from the Tories, who once again prop up the rigged system for the few at the expense of the many," Long-Bailey said, according to Reuters.
May's government has had to work closely with business leaders over recent months as it seeks to secure their loyalty to the U.K. post-Brexit.
Frances O'Grady, the head of the Trades Union Congress, told BBC Radio on Tuesday that the revised plans would not help public frustration with what are perceived as excessive pay packets. A report released earlier this month showed that the average FTSE 100 chief executive earns 160 times that of the average British worker.
"I am afraid that the government has bottled it in the face of business lobbying and that doesn't bode well for really tackling some of these big problems," O'Grady told BBC Radio.
The new corporate governance laws are due to come into effect by June 2018 and will impact approximately 900 publically listed businesses in Britain.
They follow the publication of top BBC salaries in July, another of the government's continued efforts to improve transparency.
Follow CNBC International on and Facebook.