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.
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.
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.
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.
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.
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".
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.
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
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
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
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
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