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Business News

Malaysia’s 1MDB criminal case against Goldman Sachs delayed to September

June 24, 2019 admin Comments Off on Malaysia’s 1MDB criminal case against Goldman Sachs delayed to September

Malaysia’s criminal case against U.S. investment bank Goldman Sachs involving $6.5 billion 1MDB bonds will be postponed to September, a court ruled on Monday, after defense lawyers asked for more time to receive instructions from their clients abroad.

…read more […]

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Oil prices climb as Middle East tensions simmer

June 24, 2019 admin Comments Off on Oil prices climb as Middle East tensions simmer

Oil prices climbed on Monday as tensions remain high between Iran and the United States, with U.S. Secretary of State Mike Pompeo saying “significant” sanctions on Tehran would be announced.

…read more […]

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China says both U.S., China should make compromises in trade talks

June 24, 2019 admin Comments Off on China says both U.S., China should make compromises in trade talks

Both China and the United States should make compromises in trade talks, Chinese Vice Commerce Minister Wang Shouwen said on Monday, ahead of a much anticipated meeting between the Chinese and U.S. presidents at this week’s G20 summit in Japan.

…read more […]

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Business News

China says U.S., China should make compromises in trade talks

June 24, 2019 admin Comments Off on China says U.S., China should make compromises in trade talks

China and the United States should be willing to make compromises in trade talks and not insist only on what each side wants, Chinese Vice Commerce Minister Wang Shouwen said on Monday.

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China’s assistant foreign minister says global community sees harm from protectionism

June 24, 2019 admin Comments Off on China’s assistant foreign minister says global community sees harm from protectionism

China’s Assistant Minister of Foreign Affairs Zhang Jun said on Monday that the international community recognizes harm from protectionism, and that China will safeguard its fundamental interests.

…read more […]

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China’s vice commerce minister says tariffs a threat to world economy

June 24, 2019 admin Comments Off on China’s vice commerce minister says tariffs a threat to world economy

China’s Vice Commerce Minister Wang Shouwen said on Monday that tariffs imposed by certain countries are a threat to the world economy, and that China hopes for progress in the necessary reforms of the World Trade Organization.

…read more […]

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Asian stocks subdued, oil rises on U.S.-Iran tensions

June 24, 2019 admin Comments Off on Asian stocks subdued, oil rises on U.S.-Iran tensions

Asian shares were off to a cautious start on Monday as investors pinned their hopes on any signs of a thaw in Sino-U.S. trade negotiations while oil prices firmed on worries over heightened tensions between the United States and Iran.

…read more […]

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Business News

Oil prices rise as Middle East tensions simmer

June 24, 2019 admin Comments Off on Oil prices rise as Middle East tensions simmer

Oil prices climbed on Monday as tensions remain high between Iran and the United States, with U.S. Secretary of State Mike Pompeo saying “significant” sanctions on Tehran would be announced.

…read more […]

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Business News

Explainer: What’s behind Japan’s support of whaling?

June 24, 2019 admin Comments Off on Explainer: What’s behind Japan’s support of whaling?

Japan has for decades been steadfastly defiant about hunting whales despite widespread anger, including from key allies like the United States.

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Outlook uncertain for Japan’s whaling industry despite commercial restart

June 24, 2019 admin Comments Off on Outlook uncertain for Japan’s whaling industry despite commercial restart

When Yachiyo Ichihara was a child in Wada, one of Japan’s oldest whaling villages, she’d go down to the harbor with a bucket and carry it home full of freshly butchered whale meat.

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Business News

Raw, fried or on a bun: the many ways Japan eats whale

June 24, 2019 admin Comments Off on Raw, fried or on a bun: the many ways Japan eats whale

Whale cutlets, sliced raw whale, deep-fried whale nuggets, whale bacon and whale jerky feature on the menu at the restaurant Yoko Ichihara runs – and that’s just a small sample of the ways Japan eats whale.

…read more […]

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French fiscal administration launches probe over Ghosn’s wealth: Liberation

June 23, 2019 admin Comments Off on French fiscal administration launches probe over Ghosn’s wealth: Liberation

The French fiscal administration has launched an in-depth probe into the wealth of former Renault-Nissan Chairman Carlos Ghosn, French daily Liberation reported on Sunday, citing sources.

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U.S. arms makers see booming European demand as threats multiply

June 23, 2019 admin Comments Off on U.S. arms makers see booming European demand as threats multiply

U.S. arms makers say European demand for fighter jets, missile defenses and other weapons is growing fast amid heightened concerns about Russia and Iran.

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Business News

Eldorado Resorts clinches $18 billion cash and stock deal for Caesars: sources

June 23, 2019 admin Comments Off on Eldorado Resorts clinches $18 billion cash and stock deal for Caesars: sources

U.S. casino operator Eldorado Resorts Inc has agreed to acquire Caesars Entertainment Corp in a cash and stock deal that values its peer at about $18 billion including debt, people familiar with the matter said on Sunday.

…read more […]

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Daimler warns on 2019 profit outlook as diesel issues bite

June 23, 2019 admin Comments Off on Daimler warns on 2019 profit outlook as diesel issues bite

Daimler cut its 2019 earnings outlook on Sunday after lifting provisions for issues related to its diesel vehicles to hundreds of millions of euros.

…read more […]

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