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Fitch Ratings affirms China’s IDR at A+, stable outlook
HONG KONG: Fitch Ratings has affirmed China's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'A+' with a Stable Outlook.
Tata Steel to axe 3,000 jobs as crisis rips through Europe
MUMBAI: Tata Steel Ltd plans to axe as many as 3,000 jobs across its European operations to cut costs in the latest blow to the region’s industry, with the move coming amid a heated general election campaign in the UK.
British polls to determine future of pound
ABU DHABI: The outcome of Britain’s election next month poses a binary choice for the nation’s currency, according to the largest UK bank.
Assurance for investors
THE Penang government wants to extend the land lease on industrial plots for another 60 years but the premium and its implication on cost of operations has to be studied.
Spanish Socialist old guard sentenced in corruption case
MADRID (Reuters) - A court in the Spanish region of Andalusia on Tuesday found a group of former senior members of the Socialist party guilty in a corruption case centred around the misuse of public funds.
German 'Robin Hood' eyes top SPD job, new deal on Merkel coalition
BERLIN (Reuters) - A regional politician known for cracking down on tax dodgers is aiming to become leader of Germany's Social Democrats in a membership vote that began on Tuesday, vowing to renegotiate the coalition deal with Angela Merkel's conservatives if he wins.
Seven of 21 MA63 issues agreed upon by Cabinet committee, says S'wak asst minister
KUCHING: The Special Cabinet Committee for the review of the Malaysia Agreement 1963 has agreed to set up a special council to monitor the implementation of its decisions, says a Sarawak assistant minister.
Hundreds of protesters leave Hong Kong university, many remain
HONG KONG (Reuters) - Hong Kong leader Carrie Lam said on Tuesday that about 100 protesters remained inside the Hong Kong Polytechnic University campus that has been sealed off by police.