Latvia's ABLV Bank is failing or likely to fail and will be wound up as saving it is not in the public interest, the European Union's Single Resolution Board and the European Central Bank (ECB) said separately on Saturday.
GST-Exempted Goods And Services In Asia-Pacific Countries In the aftermath of Budget 2018, Senior Minister of State for Finance and Law Indranee Rajah said that a GST hike to 9% is the only way to give Singapore a “sustained revenue” to help cover our expenses. And...
Chile's President-elect Sebastian Pinera plans to create two new management units at the world's largest copper producer, state-run Codelco, to improve operations, his pick for mining minister told local paper La Tercera on Saturday.
Warren Buffett on Saturday lamented his inability to find big companies to buy, and said his goal is to make "one or more huge acquisitions" of non-insurance businesses to bolster results at his conglomerate Berkshire Hathaway Inc .
Latvian authorities will gather for an emergency meeting on Monday following the failure of the country's third-largest bank, the Prime minister said on Saturday, as the country kept watch for any fallout on other banks.
China's banking regulator has introduced steps to cut the red tape for foreign banks, state media agency Xinhua said on Saturday, as part of the government's ongoing effort to promote investment in the country's fast-growing financial sector.