Finance

Global shares mixed on US jobs; eyes on China trade talks

Global shares were mixed Monday, following a reassuring report on U.S. jobs, while investors cautiously awaited the outcome of trade talks between the U.S. and China. France’s CAC 40 lost 0.3% to 5,475.29 in early trading, while Germany’s DAX lost 0.1% to 11,997.30. Britain’s FTSE 100 shed 0.2% to 7,140.04. U.S. futures pointed to early […]

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Malaysia fines 80 people, groups for alleged 1MDB payments

Malaysia’s anti-graft agency on Monday ordered 80 people and groups to pay fines totaling about $100 million for allegedly receiving funds from the 1MDB state investment fund. Former Prime Minister Najib Razak’s brother Nazir Razak, who heads the country’s second-largest bank, was among those listed. So was a former deputy minister, Ahmad Maslan, and the

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Asian shares mixed on US jobs, eyes on China trade talks

Asian shares were mixed Monday, following a reassuring report on U.S. jobs, while investors cautiously awaited the upcoming trade talks between the U.S. and China. Japan’s benchmark Nikkei 225 shed 0.2% to 21,358.56. Australia’s S&P/ASX 200 rose 0.5% to 6,551.40, while South Korea’s Kospi edged 0.1% higher to 2,021.89. Markets in China were closed for

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The Latest: Center-left Socialists win Portugal election

The latest on Portugal’s election (all times local): 11:55 p.m. Portugal’s center-left Socialist Party has collected the most votes in Sunday’s general election, leaving it poised to continue in government for another four years. With 208 seats in the 230-seat parliament awarded in the official count, the Socialists reached 99 seats, compared with 74 for

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AP sources: Trump allies pressed Ukraine over gas firm

As Rudy Giuliani was pushing Ukrainian officials last spring to investigate one of Donald Trump‘s main political rivals, a group of individuals with ties to the president and his personal lawyer were also active in the former Soviet republic. Their aims were profit, not politics. This circle of businessmen and Republican donors touted connections to

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Exit poll: Portugal’s Socialists win most votes in election

The center-left Socialist Party collected the most votes in Portugal’s general election Sunday, an exit poll indicated, leaving it poised to continue in government for another four years. However, with the exit poll predicting they would get between 36-40% of the vote, the Socialists could fall short of a majority in parliament. That could mean

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Islamists, jailed tycoon claim Tunisian parliament victory

Tunisia’s moderate Islamist party appeared to be heading for victory in parliamentary elections, according to polling agencies, though the rival party of a jailed populist tycoon also claimed to come out on top of Sunday’s voting. The election is seen as important for the country’s economic and social stability — and as a bellwether for

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