Mexico finance minister bought home from government contractor in scandal: WSJ

Mexico's finance minister bought a home from a government contractor who is at the center of a conflict-of-interest scandal embroiling President Enrique Pena Nieto and his administration, the Wall Street Journal reported on Thursday.


As Japan burns more coal, climate policies under pressure

Once at the forefront of the fight against global warming, Japan is now facing calls from other big economies such as China to set fresh emissions targets as Tokyo increases its use of dirty coal energy to replace nuclear.

China November output, investment data shows further weakness, more stimulus eyed

China's economy showed further signs of fatigue in November, with factory growth slowing more than expected and investment expansion hovering near a 13-year low, putting pressure on policymakers to unveil stronger stimulus measures.

Unable to pay salaries, Afghanistan asks donors for more money

Afghanistan does not have enough money to pay salaries this month and has asked aid donors for a bailout before the end of the year, the treasury chief told Reuters on Thursday.


Latest News

A trillion dollar deal at the World Trade Organization to reduce tariffs in the vast information technology sector will stand or fall in the next 24 hours, trade diplomats said on Thursday.
Chances that U.S. negotiators can bring home a strong trade deal with Asia-Pacific countries are now much better than 50-50, U.S. President Barack Obama said on Thursday.
Fiat Chrysler Automobiles (FCA) (FCHA.MI) (FCAU.N) has denied a media report saying it was considering a move in the tax residence of its Ferrari luxury sportscar unit outside Italy.
A February 2014 cyber attack against casino operator Las Vegas Sands Corp crippled thousands of servers across the company’s network by wiping them with highly destructive malware, Bloomberg Businessweek reported on Thursday.
U.S. Secretary of State John Kerry on Thursday urged countries at U.N. climate talks in Lima to move away from using fossil fuels while demonstrators gathered outside the meeting urged him to reject the Keystone oil pipeline.
Europe's antitrust chief will meet Google's critics in the coming weeks in an effort to resolve issues in a four-year investigation which has stirred up politicians and lawmakers on both sides of the Atlantic.
After skyrocketing to more than a thousand dollars in price late last year and attracting global attention, bitcoin, the leading digital currency, has stalled.
The dollar rose on Friday after upbeat U.S. data suggested weaker oil prices are providing additional momentum for the American economy, which also underpinned Asian shares.
Jack Reed can see the recovery taking hold at his family's 109-year-old clothing store in Tupelo, Mississippi, with sales buoyed in part by the paychecks tied to a Toyota plant up the road and rising confidence that the jobs are here to stay.
The chief executive of PT Garuda Indonesia Tbk (GIAA.JK), Emirsyah Satar, has resigned from his post, the state-owned airline said on Thursday, and a new CEO will be decided upon at a shareholder meeting on Friday.
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