South Africa’s minister in charge of state-owned power company Eskom Holdings SOC Ltd. undermined upper management, disrupting efforts to end the nation’s energy crisis, said former chief executive Andre de Ruyter.
Key economic data this week may suggest China’s recovery is doing a lot better than it is in reality.
Cyclone Mocha made a landfall on Sunday as Bangladesh and Myanmar evacuated hundreds of thousands of people on fears of widespread destruction to one of the most vulnerable areas in the region.
The leaders of Japan, the US and South Korea plan to hold a trilateral meeting in Hiroshima this week on the sidelines the Group of Seven nations summit to try to strengthen coordination and to respond to common challenges, according to a South Korean official.
Investors have spent months fretting about everything from South Africa’s daily blackouts to inadequate laws on terror financing and political instability before next year’s elections. Now they have a new concern: geopolitical tensions.
The UK’s sale of ultra-long gilts this week will offer the highest coupon in almost 15 years, a sign of the elevated funding costs that governments must now bear.
Southeast Asia continues to grapple with blistering heat amid reports of record temperatures and cases of heatstroke that further add to signs of extreme weather changes.
Indian Prime Minister Narendra Modi conceded a loss in the southern swing state of Karnataka, a rare victory for Rahul Gandhi’s opposition Congress party as it looks to build momentum ahead of national elections next year.
Two potentially game-changing elections take place today at each end of Asia, a fitting start to a week in which politics is set to play a dominant role in markets. From the debt brinksmanship in the US to the G-7 summit in Japan, these are the events to look out for.
A series of coordinated cyberattacks intended to jeopardize the Nordic country’s chances of joining NATO have been disrupting its biggest companies
