Pakistan Court Orders Further Graft Probe Against Sharif
Pakistan Court Orders Further Graft Probe Against Sharif
Pakistan’s top court ordered further investigation into corruption charges against Prime Minister Nawaz Sharif, for now taking off the immediate prospect of a potential disqualification as his government continues efforts to boost an economy hit for years by power outages and terrorism.
Bloomberg
Bloomberg
Vanishing Frontiers Creates Index Problem for Hottest Stocks
Vanishing Frontiers Creates Index Problem for Hottest Stocks
Alexander the Great is said to have wept when he saw there were no more lands to conquer. For investors in a shrinking pool of frontier markets -- places like Morocco and Vietnam -- the feeling might be familiar.
Bloomberg
Bloomberg
Philippines Faces Hurdles in Following Indonesia's Tax Amnesty
Philippines Faces Hurdles in Following Indonesia's Tax Amnesty
Weeks after Indonesia reported netting more than $10 billion from a tax amnesty, the Philippine government said it’s mulling a similar move. Implementing it may not be that easy.
Bloomberg
Bloomberg
Aircraft-Carrier Maker Leads Sale of Stakes in Indian Arms Spree
Want to buy a stake in an aircraft-carrier builder? How about a fighter-jet maker?
Bloomberg
Bloomberg
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Mongolia Clears Hurdles Needed for $5.5 Billion IMF-led Bailout
Mongolia has fulfilled prerequisites from the International Monetary Fund to receive a $5.5-billion bailout and is expected to receive an initial tranche of cash at the end of this month.
Bloomberg
Bloomberg
U.K. Sanctions Boss Sees U.S.-Style Results in New Powers
The U.K.’s financial sanctions enforcer has new legal authority to impose fines, toughen prison sentences and reward companies that voluntarily disclose suspected violations, changes that resemble U.S. enforcement and that the agency’s leader describe as “transformational.”
Bloomberg
Bloomberg