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World

UBS warns staff over China travel after banker held in Beijing - source

HONG KONG (Reuters) - Swiss bank UBS Group AG. has asked its China wealth management staff to reconsider their travel plans to the country after authorities there asked one of its bankers to delay her departure from Beijing to meet with local officials, a person familiar with the matter said.

World

Europe's top bankers shun Saudi investment conference

LONDON (Reuters) - The bosses of some of Europe's biggest banks and finance firms have pulled out of a high-profile investment conference in Saudi Arabia, joining a growing list of business chiefs to abandon the event amid widespread concern about the fate of a journalist.

World

JP Morgan and Ford cancel plans for Saudi investor event

NEW YORK (Reuters) - JP Morgan & Chase Co Chief Executive Jamie Dimon and Ford Motor Co Chairman Bill Ford cancelled plans to attend a Saudi investor conference, the companies said on Sunday, the latest such high-profile announcements after the disappearance of Saudi journalist Jamal Khashoggi.

World

U.S.'s Mnuchin to attend top Saudi event, media exit over missing journalist

DUBAI/LONDON (Reuters) - U.S. Treasury Secretary Steven Mnuchin and Wall Street bankers will show up at an elite Saudi investment conference this month despite a growing exodus of top media companies and business leaders after the disappearance of a Saudi journalist.

Nation

Entire Khazanah board resigns, leaves leadership decision to PM

PETALING JAYA: The entire Khazanah Nasional board of directors have submitted their resignation letters after reaching a unanimous decision that Tun Dr Mahathir Mohamad's administration should determine the company's new leadership structure.

World

Euroscepticism crops up in Hungarian village transformed by EU funds

POROSZLO, Hungary (Reuters) - More than a million tourists have flocked to the village of Poroszlo in eastern Hungary since 2012, when Europe's largest freshwater aquarium opened with 6.5 million euros of financing from the European Union.

World

Mexican presidential campaigns meet with BlackRock's Larry Fink

NEW YORK (Reuters) - Four Mexican presidential campaigns are meeting on Monday with BlackRock Inc Chief Executive Larry Fink, the world's largest asset manager said, ahead of a July 1 election that is being closely watched by financial markets.

World

Factbox - Russia's list of U.S. imports that could be banned

MOSCOW (Reuters) - Russian lawmakers said on Friday they had drafted legislation in response to new U.S. sanctions that would give the authorities the power to ban or restrict imports of a raft of U.S. goods and services to Russia.

World

New York regulator asks Deutsche, other banks about Kushner loans - source

(Reuters) - New York's state banking regulator asked Deutsche Bank AG and two other lenders for information on their relationships with U.S. President Donald Trump's son-in-law and White House senior adviser Jared Kushner and his family's real estate company, a person familiar with the matter told Reuters.

World

The big issues facing South Africa's new president

(Reuters) - New South African President Cyril Ramaphosa faces an uphill battle to win back public and investor support after Jacob Zuma's nine-year tenure was blighted by corruption, economic mismanagement and ruling party infighting.