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World 07 Dec 2018 | 10:38 PM

Bulgaria would face 'major crisis' if Black Sea tensions worsen

SOFIA (Reuters) - Bulgaria would face a "major crisis" if military tensions in the Black Sea were to worsen, Prime Minister Boyko Borissov said on Friday, after Russia's capture of three Ukrainian naval ships and its crews last month prompted fears of an escalation.

World 25 Oct 2018 | 11:00 PM

CIA chief to brief Trump after hearing Khashoggi audio

WASHINGTON (Reuters) - CIA Director Gina Haspel will brief U.S. President Donald Trump on Thursday on the killing of Jamal Khashoggi, White House spokeswoman Sarah Sanders said after the spy agency chief heard an audio recording of the Saudi journalist's death.

Business 29 Sep 2018 | 12:00 AM Premium

Spotlight on CIMB

What’s next for the banking group with Nazir’s impending departure?

Economy 14 Sep 2018 | 5:39 AM

Philippine finance chief spurns calls for early rate hike

MANILA: Philippine Finance Secretary Carlos Dominguez, a member of the central bank’s Monetary Board, said there’s no need for an out-of-cycle interest-rate increase as policy makers are focusing on the longer-term inflation outlook.

World 26 Jul 2018 | 12:42 AM

Chaotic Congo basks in rare success after quashing Ebola

KINSHASA (Reuters) - Congo's health minister said on Wednesday that when its Ebola outbreak was first announced less than three months ago, he never dreamed it would be possible to contain it so swiftly.

Business 30 Jun 2018 | 12:00 AM

Indonesia raises its reverse repo rate to 5.25% from 4.75%

INDONESIA’S central bank stepped up its policy action with a bigger-than-forecast interest rate hike – the third increase in six weeks – to halt a deepening slide in the currency.

World 02 May 2018 | 6:21 AM

Russian military spending falls, could affect operations - think-tank

STOCKHOLM (Reuters) - Russian military spending fell by a fifth last year, its first decline in nearly two decades, with tighter purse-strings likely to affect Moscow's military activity ahead, a report by defence think-tank SIPRI showed on Wednesday.

Business 09 Nov 2017 | 12:00 AM

Nissan lowers profit forecast as Japan recalls dent earnings

TOKYO: Nissan Motor Co cut its annual profit forecast by almost 6% after announcing a recall of vehicles in Japan that went through an inspection process deemed faulty by the government.

Banking 17 Oct 2017 | 12:00 AM

As the quartet breaks up, central banking leadership flux looms

WASHINGTON: The leaders of the world’s top central banks who risked trillions of dollars and their reputations to rescue the global economy are now set to walk off stage at a time when the lingering effects of the crisis, evolving technology and a combustible political landscape will challenge their successors.

Business 30 Sep 2017 | 12:00 AM

Cryptocurrencies drop as South Korea bans ICOs

SEOUL: Ethereum and bitcoin dropped after South Korea banned domestic initial coin offerings and margin trading in cryptocurrencies.