U.S. economist Richard Thaler won the Nobel Economics prize on Monday for showing that economic and financial decision-makers are not always rational, but mostly deeply human.
Full StoryThe UN's aviation agency has removed a safety "red flag" against Thai carriers, the kingdom's junta leader said Monday, in a major boost to the country's stuttering airlines.
A 2015 audit by the International Civil Aviation Organization (ICAO) of Thai airlines found "significant safety concerns" prompting the downgrade.
Full StoryAustralia's biggest bank, the Commonwealth, vowed Monday to fight what could become the country's largest shareholder class action over alleged breaches of anti-money laundering laws.
The open class action, filed by law firm Maurice Blackburn and litigation funder IMF Bentham in the Federal Court in Melbourne Monday, followed a civil case launched by Australia's financial intelligence agency AUSTRAC in August.
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German Finance Minister Wolfgang Schaeuble, the warhorse of the debt crisis, attends his final meeting of eurozone ministers on Monday as variously the most loathed or loved figures in EU politics.
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Entrepreneurship is in fashion in France with President Emmanuel Macron spreading a vision of a nation rejuvenated by the energy of startups, but being the boss can be a crushing burden when things go wrong.
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Big-name investors including Expedia and Alibaba are pumping billions of dollars into Indonesian tech start-ups in a bid to capitalize on the country’s burgeoning digital economy and potential as Southeast Asia’s largest online market.
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A costly months-long battle over the direction of one of America's biggest companies culminates on Tuesday with a shareholder vote at Procter & Gamble headquarters in Cincinnati.
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The financial arm of Thailand's ultra-rich monarchy has transferred bank shares worth more than $500 million on behalf of King Maha Vajiralongkorn, according to the Securities and Exchange Commission (SEC).
Full StoryA hackers' congress launched in Prague on Friday will discuss new cryptocurrencies and other tools to combat the erosion of financial freedom around the world, organizers said.
"Technology will allow users to shake off economic dependence on the state and achieve financial and personal freedom," co-organizer Martin Sip said in a statement at the start of the three-day event.
Full StorySpain passed a decree Friday making it easier for businesses to shift their legal domiciles out of Catalonia, pressuring the region as Madrid resists its drive for independence.
The economy ministry said in a statement the measure was in response to demand from the business sector "in the face of difficulties that have arisen for the normal running of their activities in part of the national territory."
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