PM urges more action on tax from UK territories
LONDON - Britain called upon its overseas territories to "get their house in order" over the sharing of tax information on Monday as the UK looks to lead a global fight against tax evasion ahead of a meeting of the world's wealthiest states.
Yen edges up from lows, Asian shares firmer
SINGAPORE - The yen pulled up from a 4-1/2 year low against the dollar on Monday after Japan's economics minister said a further steady drop in the yen could have negative effects on households, pushing the dollar to a low of 102.00.
Insight - Despite curbs, China's vast hot money triangle flourishes
ZHUHAI, China/HONG KONG - In an underground mall just a stone's throw from China's teeming border with Macau, a row of 30 small shops with identical golden plaques does a brisk, though shadowy trade with mainland Chinese visitors, many of them bound for the gambling hub.
Labour party calls for country-by-country tax reporting
LONDON - Opposition Labour party, tapping into widening public anger over corporate tax avoidance, wants the government to push for new international rules to force companies to report profit and tax payments country-by-country.
AP chief says phone probe makes news sources reluctant to talk
WASHINGTON - The U.S. Justice Department's seizure of phone records for journalists at the Associated Press is hurting the agency's ability to gather news, the wire service's Chief Executive and President Gary Pruitt said on Sunday.
Cameron 'losing control' as rift with party core widens
LONDON - British Prime Minister David Cameron is "losing control of his party", Conservative Party grandee Geoffrey Howe said on Sunday, as a row raged over whether a close aide to Cameron had labelled grassroots activists "mad, swivel-eyed loons".
Thai anti-government party marks anniversary of bloody crackdown
May 19 - Red-shirted members of an anti-government movement in Thailand mark the third anniversary of a political crackdown which killed 91 people. Deborah Gembara reports.
Latest Headlines
Does inequality help growth - or hurt it?
One of the most urgent questions in economics today is the connection between inequality and economic growth. Figuring out the relationship between income disparity and our imperative to jump-start growth is therefore a good way for economists to spend their time. Commentary
Washington's scandals won't stunt America's recovery
Despite an embattled Obama administration, America will continue to be the place for investors to park their money. That’s because petty politics don’t control the fate of the country. Commentary
Keynes, fertility and growth
When Niall Ferguson slammed John Maynard Keynes, he was worried about the policy implications of the economist’s general theory. But the pundit’s sexual slur raises a more interesting issue: how to create a truly fertile economy. Keynes has something to offer to that debate. Commentary
Rest of world wishes for Australia’s economic woes
The land Down Under has its problems, not least a China-driven commodities downturn and a rising budget deficit. Fears of a housing bubble persist too. But with unemployment low and the currency falling, Australia has the economic stability other countries dream of. Commentary
The growing Franco-German schism
Germany has more economic weight and political will to determine Europe’s future than at any time since World War Two. But it lacks a partner that can replace France’s pivotal role. Commentary
Glencore should just name Glasenberg chairman
Glencore Xstrata's shareholders have handed Chairman John Bond his walking papers. Best practice dictates his permanent replacement be a strong outsider. This precludes tapping Ivan Glasenberg, the miner’s CEO and biggest shareholder. But a dual mandate would better reflect corporate reality. Commentary
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Hollande gets serious on Europe
French President Francois Hollande's plan for a centralised euro zone 'economic government' may be premature, but it has legs. Video
Nusra Front eclipsed by al Qaeda
BEIRUT - The most feared and effective rebel group battling Bashar al-Assad, the Islamist Nusra Front, is being eclipsed by a more radical jihadi force whose aims go far beyond overthrowing the Syrian President. Full Article
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