China Literature Co-Chief Executive Officers Liang Xiaodong (L) and Wu Wenhui pose during the debut of the company at the Hong Kong Exchanges in Hong Kong, China November 8, 2017. REUTERS/Bobby Yip November 8, 2017 By Jennifer Hughes and Julie Zhu HONG KONG (Reuters) – Tencent’s e-book unit China Literature […]
FAN Editor
India lauds last year’s rupee swap, even as economy slows
NEW DELHI – One year after India overhauled its currency, yanking 86 percent of its notes out of circulation without warning, many Indians still aren’t sure if it was worth it. Continue Reading Below Economic growth has slowed. Unemployment has risen. And corruption remains a scourge nationwide. Prime Minister Narendra […]
‘7 Years in Tibet’ director caught in tax haven accusations
PARIS – French filmmaker Jean-Jacques Annaud, the maker of Mirage fighter jets and oil giant Total SA are among high-profile French names defending themselves after leaked documents showed they used tax havens. Continue Reading Below As part of the “Paradise Papers” global investigative reporting, French media reported Wednesday that Annaud […]
Pacific Rim countries seek accord on open markets at APEC
DANANG, Vietnam – Foreign and trade ministers of 21 Pacific Rim economies were working Wednesday to reach a consensus on open markets despite the U.S. pushback on “free trade” ahead of summit meetings in a Vietnamese coastal resort city this week. Continue Reading Below Vietnamese Foreign Affairs Minister Pham Binh […]
Protests over Spain’s Catalan power grab cripple transport
Last Updated Nov 8, 2017 7:43 AM EST MADRID — Pro-independence protesters blocked roads and stopped commuter trains Wednesday in Spain’s northeastern region of Catalonia as part of a general strike to protest the jailing of ousted Catalan government officials and secessionist activists. Many of the blockades were on roads […]
GOP tax bill would kill deduction for student loan interest
WASHINGTON – Millions of Americans would lose the ability to deduct up to $2,500 in student loan interest under the Republican tax bill, a proposal that education advocates say will make college less affordable. Continue Reading Below But supporters of the measure say the loss will be offset by other […]
UK aid minister facing sack over undisclosed meetings with Israelis: Sun newspaper
Priti Patel, Britain’s Secretary of State for International Development arrives in Downing Street, in London, October 31, 2017. REUTERS/Peter Nicholls November 8, 2017 LONDON (Reuters) – Britain’s aid minister Priti Patel’s future was in doubt on Wednesday after the Sun newspaper reported she had held two further undisclosed meeting with […]
Winner projected in Seattle’s all-woman mayoral race
SEATTLE – Former U.S. attorney Jenny Durkan is projected to win the race for Seattle mayor, CBS Seattle affiliate KIRO-TV reports. Some 60 percent of the votes counted were for her as of Tuesday night, the station said. KIRO called the race, saying, “After crunching the numbers, we determined contender […]
As Trump arrives, China reports narrower surplus with US
BEIJING – China reported that its politically volatile trade surplus with the United States narrowed in October from the previous month as President Donald Trump arrived Wednesday on an official visit with commercial issues high on his agenda. Continue Reading Below China’s global exports rose 6.9 percent to $188.9 billion, […]
IMF’s Lagarde warns protectionism, while now just words, may come to hurt Asia
International Monetary Fund (IMF) Managing Director Christine Lagarde attends a seminar to mark 20th anniversary of the launch of IMF’s Asia-Pacific Office, in Tokyo, Japan November 8, 2017. REUTERS/Issei Kato November 8, 2017 By Leika Kihara and Takashi Umekawa TOKYO (Reuters) – Protectionist sentiment has not yet gone beyond mere […]