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NEW DELHI: Hardened by a term in prison as a student leader and burnished by a career as a successful and urbane courtroom lawyer, Arun Jaitley, India's new finance minister, could prove an effective foil for Prime Minister Narendra Modi.
WELLINGTON: New Zealand Finance Minister Bill English said on Tuesday he will stand as a candidate to replace outgoing prime minister John Key.
KUALA LUMPUR: Malayan Banking Bhd (Maybank) president and chief executive officer Datuk Seri Abdul Wahid Omar has been appointed a Minister in the Prime Minister's Department.
NEW DELHI: Veerappa Moily has two seemingly incompatible jobs. As oil minister, he has overseen India's petroleum and natural gas needs. But now he also runs the environment ministry, where he has issued permits for 100 stalled projects in a month-long spree that has delighted industry but shocked green activists.
SEOUL: South Korea's finance minister said on Monday that public funds could only be used to support the South Korean auto unit of General Motors Co
BERLIN: Germany's finance minister has called for a "two-step approach" towards European banking union, writing that a limited "timber-framed" union, set up without changing European treaties, would buy time to create a future "steel-framed" union.
PETALING JAYA: Troubled Malaysia Airlines (MAS) will not be given any more financial support by the Government, said Tourism and Culture Minister Datuk Seri Nazri Aziz.
BEIJING: The acceleration in growth of China's exports in the last two months shows the world's second-largest economy is starting to stabilize, Commerce Minister Chen Deming told reporters on Saturday.