Donald Trump’s company was chasing a deal to build a Trump Tower in Moscow while he ran for president in late 2015 and early 2016, the Washington Post reported on Sunday, citing people familiar with the proposal and records reviewed by Trump Organization lawyers. Russian-born developer Felix Sater had urged Trump to visit Moscow to […]

Th euro soared after highly awaited speeches from top central bankers Friday while oil markets are expected to digest the impact of Hurricane Harvey during Monday’s Asian trading day. While Federal Reserve Chair Janet Yellen did not provide any clues on monetary policy outlook in her speech at a central banking meeting in Jackson Hole, […]

President Donald Trump recently dismissed some of his senior staff as globalists and demanded that someone draw up a plan for tariffs that would affect China, Axios reported Sunday evening. Citing multiple sources with knowledge of the meeting — and noting that the White House had not disputed the accounts —the outlet reported that Trump […]

Hundreds of security forces marched through a northern Indian town on Saturday to maintain calm after supporters of a quasi-religious sect leader protested his rape conviction with violence that left at least 30 people dead. Authorities appealed to thousands of followers of the guru, who calls himself Saint Dr. Gurmeet Ram Rahim Singh Ji Insaan, […]

North Korea early on Saturday fired an unidentified projectile into the sea off its east coast from its eastern Kangwon province, South Korea’s military said. The South Korean military official confirmed to NBC News that Pyongyang fired a projectile into the East Sea. The official also said that the launch was immediately reported to President […]

At least 21 insurgents and 11 members of the security forces were killed in Myanmar’s troubled Rakhine state on Friday when militants staged a major coordinated attack on 24 police posts and an army base, the military said. The fighting – still going on in some areas – marked a major escalation in a simmering […]

Chinese People’s Liberation Army troops were deployed onto the streets of Macau on Friday to help clean up in the aftermath of a devastating typhoon and amid mounting criticism authorities were unprepared for the severity of the storm. Macau public broadcaster, TDM, reported some 1,000 Chinese PLA troops left their Macau barracks to assist in […]

Central banks globally have spent years fruitlessly trying to awaken long-dormant inflation, and some analysts say it’s time to stop trying. Anemic inflation has become a bugaboo for global central banks, with frequent mentions in the meeting minutes. It’s been a speed bump in the U.S. Federal Reserve‘s path toward normalizing interest rates, with members […]

China will tighten controls over intellectual property to provide better opportunities for foreign firms, the commerce ministry said on Friday. The government’s crackdown on intellectual property violations will focus on trademark registration abuse and business secret theft, Wang Shouwen, a vice commerce ministertold reporters at a press briefing in Beijing, adding that China’s IP protection […]

High margins, a large market with low banking penetration and healthy economic growth are key reasons why Indonesia is considered one of the most attractive markets for financial institutions in Southeast Asia. Moody’s recently changed its outlook on the Indonesian banking system to positive from stable, as it saw improvements in the country’s operating environment, […]