World

AirAsia CEO Tony Fernandes dumped 944,800 shares in Tune Insurance Holdings Bhd, the organization that provides travel insurance for AirAsia passengers, just days before the disappearance of Flight QZ8501. On December 26, the Malaysian Insider […]

The International Monetary Fund (IMF) says it has suspended financial aid to Greece until the formation of a new government in the debt-ridden country. “Discussions with the Greek authorities on the completion of the sixth […]

China and Russia have effectively switched to domestic currencies in trading using financial tools as swaps and forwards, as they seek to reduce the influence of the US dollar and foreign exchange risks. The agreement […]

‘Kabul is against Washington’s alleged decision to transfer weapons and machinery left from its military mission in Afghanistan to Ukraine, an Afghan presidential administration official told TASS. The issue will be discussed with Obama, he […]

The final reading of an austerity law has been approved by the Ukrainian Parliament. The law would make tax legislation easier and impose additional duties on imports in a bid to raise revenue to help […]

Thanks to China, Christine Lagarde of the International Monetary Fund, Jim Yong Kim of the World Bank and Takehiko Nakao of the Asian Development Bank may no longer have much meaningful work to do. Beijing’s […]

An AirAsia plane carrying 162 people lost contact with Indonesian air traffic control Sunday after requesting  permission to change route due to bad weather. Flight number QZ8501, from the Indonesian city of Surabaya was on […]