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Asian countries, Switzerland at risk in US Treasury's currency report
WASHINGTON: The U.S. Treasury could label several countries currency manipulators before President Donald Trump leaves office, analysts say, as the coronavirus pandemic skews trade flows and widens U.S. deficits with trading partners.
Airlines warned over safety as jets return from pandemic storage
SYDNEY: Regulators, insurers and experts are warning airlines to take extra care when reactivating planes left in extended storage during the COVID-19 pandemic, citing potential pilot rustiness, maintenance errors and even insect nests blocking key sensors.
Insurers jostle to give dealmakers cover
LONDON: A record rebound in merger activity this year and a rise in litigation has brought with it an upsurge in insurance policies that give companies and private equity firms cover for when a deal goes wrong, industry officials say.
US withheld evidence in ex-Goldman banker's 1MDB graft trial
NEW YORK: A lawyer for a former Goldman Sachs banker charged with involvement in the looting of billions of dollars from Malaysia's 1MDB sovereign wealth fund accused U.S. prosecutors on Thursday of withholding evidence that could show his client's innocence.
GLOBAL MARKETS-Stocks drop as economic worries weigh, dollar climbs
NEW YORK: Global equity indexes fell on Wednesday as negotiations over further U.S. fiscal stimulus dragged on and the dollar rose for a fourth straight session.
SIX, SBI plan digital-asset exchange in Singapore
SINGAPORE: SIX Digital Exchange and SBI Digital Asset Holdings Co plan to create an exchange for digital assets that is based in Singapore and will start operation by 2022.
Boris Johnson to Brussels for crisis Brexit talks
LONDON: British Prime Minister Boris Johnson will head to Brussels within days for urgent talks with European Commission President Ursula von der Leyen, amid growing fears on both sides that Brexit trade talks will fail.
Year-end tax-efficient considerations
WITH Covid-19, no economy is spared. The road to recovery will be long and winding, and this year-end festivities would not be the same.
Insight - Transfer pricing: Is there any law governing this?
TRANSFER pricing (TP) refers to inter-company pricing arrangements for the transfer of goods, services and intangibles between associated or related persons.
Tell-tale signs from banks’ rising provisions
Moratorium will only delay painful decisions
