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World 03 Jul 2019 | 2:51 AM

Instant View: IMF chief Lagarde nominated to succeed Draghi at ECB

FRANKFURT (Reuters) - IMF Managing Director Christine Lagarde was nominated on Tuesday to succeed Mario Draghi as president of the European Central Bank from Nov. 1.

World 03 Jun 2019 | 2:14 AM

Morgan Stanley: Recession within a year if trade war gets any worse

NEW YORK: Investors may still be underestimating the full risk to the global economy from a trade war, even after US stocks capped the worst month of the year.

World 20 May 2019 | 1:47 PM

Winning during economic slowdown, Australia's Morrison must halt rot

SYDNEY (Reuters) - Surprisingly retained by Australians in a national election over the weekend, Prime Minister Scott Morrison's centre-right government now needs to find a fast way out of a worrying slowdown in an economy that has been recession-free since 1991.

World 03 May 2019 | 4:11 AM

Brazil's Bolsonaro faces backlash as sponsors ditch NY gala dinner

RIO DE JANEIRO (Reuters) - Delta Air Lines, The Financial Times and Bain & Co have pulled out of an event in New York honouring Brazilian President Jair Bolsonaro, the firms said on Thursday, as the South American leader faces blowback for racist and homophobic comments.

AseanPlus News 02 May 2019 | 4:54 AM

Chinese family reportedly paid US$6.5 million to ‘fixer’ for admission into Stanford

Wall Street Journal and Los Angeles Times say the Beijing family has not been charged The payment was made in the ‘Operation Varsity Blues’ college admissions case, which ensnared families, coaches and administrators across the US

World 26 Apr 2019 | 7:38 PM

France's Macron looks to match tax cuts with spending cuts

PARIS (Reuters) - French President Emmanuel Macron has ordered that further cuts to income tax must be matched euro-for-euro by cuts in public spending to keep the budget deficit from spiralling out of control, his finance minister said on Friday.