GENEVA: The World Trade Organization's (WTO) director-general Roberto Azevedo stepped down on Monday (Aug 31), leaving the already-damaged global watchdog leaderless as it faces the biggest crisis in its 25-year history. As the WTO's influence seeps away, rising international tensions and ...
TOKYO: Japanese Prime Minister Shinzo Abe's decision to step down on Friday because of worsening health will formally put an end to his "Abenomics" strategy, which tried to revive the world's third-largest economy after decades of stagnation. So how does Abenomics stack up? Reuters surveyed 18 ...
The European Union needs to tax companies that generate its revenues with digital services as the money is needed to fund infrastructure and social programmes in the future, European Commission Vice President Valdis Dombrovskis said on Monday.
Danish tax authorities have initiated a review of Google's accounts in Denmark to determine whether the tech giant has any outstanding tax obligation, the company said on Monday.
Denmark's largest bank Danske Bank has collected outdated or excessive debt from up to 106,000 customers due to errors in its IT system, the bank said on Monday.
JAKARTA: Indonesia is tightening import rules for some consumer products including sport footwear, bicycles and air conditioning electronics, its trade ministry said, after a surge in imports in May and June. Import permits will be required and tighter document controls put in place over the ...
As COVID-19 cases in China sink to new lows, the world's largest population of university students is heading back to campus in a migration defined by lockdowns, patriotic education and cutting-edge surveillance equipment.
Mitsubishi Motors Corp's former chairman, Osamu Masuko, died from "cardiac insufficiency" on Aug. 27, the Japanese automaker said in a statement on Monday. He was 71.
Japan is considering tax reform to attract foreign financial firms and skilled workers in an effort to improve the country's standing as a global financial centre, the Financial Services Agency said in annual policy guidelines released Monday.
BANGKOK: Thailand delayed on Monday (Aug 31) its US$724 million purchase of two submarines from China, following public outrage over the controversial deal as the kingdom's economy flatlines due to the coronavirus pandemic. Under a 2015 deal, Thailand was one of the first countries to buy Chinese ...
