ATHENS – Greek Prime Minister Kyriakos Mitsotakis has unveiled a €1.6 billion (US$1.87 billion) tax reform package, including sizeable income…
Global Mail to US Collapses as 88 Postal Operators Halt Services After Tariff Shift
GENEVA – International postal flows to the United States have plunged after Washington scrapped a key tax exemption on small…
Indonesia Detains Ex-Minister, Gojek Co-Founder Nadiem Makarim in US$121.9 million Graft Probe
JAKARTA – Indonesia’s attorney general’s office has named former education minister and Gojek co-founder Nadiem Makarim as a suspect in…
Sterling Holds Steady as Gilt Sell-Off Shows Signs of Easing
LONDON – The pound steadied on Friday after a turbulent week that underscored investor anxiety over the UK’s fiscal outlook,…
Protests Escalate as Indonesian Parliament Buildings Torched in Three Provinces
JAKARTA – Demonstrations in Indonesia turned violent over the weekend, with protesters setting fire to regional parliament buildings across three…
Lotus to cut UK jobs as US tariffs bite
LONDON: Chinese-owned luxury carmaker Lotus is set to slash up to 550 jobs in the UK—more than 40% of its…
Apple warns UK mobile market shake-up could harm users and developers
LONDON: Apple has cautioned that Britain’s push to boost competition in the mobile operating system market may backfire, potentially harming…
Danantara signals readiness to stabilise Whoosh’s finances
JAKARTA:Daya Anagata Nusantara (Danantara) has declared its readiness to intervene in addressing the financial strain facing Indonesia’s Jakarta–Bandung high-speed rail…
JPMorgan to Pay US$330m to Malaysia to Settle 1MDB Claims
New York/Kuala Lumpur – JPMorgan Chase & Co has agreed to pay US$330 million (RM1.4 billion) to Malaysia to settle…
Uber Loses Supreme Court Appeal Over VAT Rules on Rival Operators in UK
LONDON –Uber has lost its bid at the UK Supreme Court to impose a 20% value-added tax (VAT) on rival…