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Amazon’s NYC retreat heralds new era of corporate welfare fights

Just as New Yorkers were absorbing Amazon.com Inc’s decision to abandon a new office hub after tangling over US$3bil (RM12.24bil) in tax breaks, General Electric Co was beating a retreat in Boston, cancelling plans to build an office tower and promising to return US$87mil (RM355.17mil) in government incentives.

Axiata, Dialog boost KLCI as consumer stocks top gainers list

KUALA LUMPUR: Investor sentiment towards Axiata turned positive after the sale of its 28.67% stake in Singapore's M1 Ltd while Dialog Group advanced after its firm earnings and upgrade by analysts.

Trump policies unite allies against him at European security forum

MUNICH (Reuters) - In 2009, then U.S. Vice President Joe Biden came to Munich to "press the reset button" with Russia. A decade later he came again to offer the world better relations, this time with his own country.

Asia shares up on optimism over trade talks, stimulus

SYDNEY: Asian share markets firmed on Monday as investors dared to hope for both progress at Sino-U.S. trade talks in Washington this week and more policy stimulus from major central banks.

MSCI's broadest index of Asia-Pacific shares outside Japan added 0.3 percent, partially recovering from a sharp fall last Friday.  Japan's Nikkei climbed 1.6 percent to hit its highest for the year so far, while Australia's main index rose 0.7 percent. E-Mini futures for the S&P 500 were flat, with trade thinned by a holiday in U.S. markets.

Exclusive: U.S. blocks North Korean air traffic revival ahead of Trump-Kim summit - sources

MONTREAL/SEOUL (Reuters) - The United States has blocked efforts by a U.N. agency to improve civil aviation in North Korea at a time when Pyongyang is trying to reopen part of its airspace to foreign flights, three sources familiar with the matter told Reuters.

Weld says six more years of Trump 'antics' would be bad for America

WASHINGTON (Reuters) - Former Massachusetts Governor Bill Weld, the first Republican to challenge President Donald Trump for their party's presidential nomination in 2020, said on Sunday that six more years of Trump's "antics" in the White House would be bad for America.

Ex-congressman Weiner released from prison after sexting scandal

(Reuters) - Anthony Weiner, the disgraced former congressman who helped play a role in Hillary Clinton's defeat in the 2016 U.S. presidential election, has been released from federal prison after serving about 14 months for exchanging sexually explicit texts with a 15-year-old girl.

California tells Trump that lawsuit over border wall is 'imminent'

WASHINGTON (Reuters) - California will "imminently" challenge President Donald Trump's declaration of a national emergency to obtain funds for a U.S.-Mexico border wall, state Attorney General Xavier Becerra said on Sunday.

Trump policies unite allies against him at European security forum

MUNICH (Reuters) - In 2009, then U.S. Vice President Joe Biden came to Munich to "press the reset button" with Russia. A decade later he came again to offer the world better relations, this time with his own country.

The deal on trade talks

Beijing: US and Chinese officials wrapped up days of trade talks in Beijing with plans to resume negotiations in Washington this week as the world’s top two economies try to smooth out a thorny trade dispute.