Commonwealth Bank chair backs in Matt Comyn for another three years as chief executive

Commonwealth Bank of Australia has backed in chief executive Matt Comyn to run Australia’s biggest mortgage lender until at least 2028, stretching his tenure out beyond 10 years. CBA chair Paul O’Malley on Wednesday met speculation about the...

‘Economically hostile act’ – Trump threatens terminating cooking oil trade with China over soybean boycott

US President Donald Trump on Tuesday accused China of “purposefully” refusing to buy soybeans from American farmers, saying this was why the US was considering ending trade with Beijing. Trump described China’s actions as an “economically hostile...

Asean energy ministers to ink key agreements at 43rd AMEM

Malaysia, as Asean chair, is steering discussions towards a just, inclusive, and innovation-driven energy transition. (Envato Elements pic) KUALA LUMPUR: The 43rd Asean Ministers on Energy Meeting (AMEM) begins today, marking a major milestone in...

EU can cut red tape without bowing to Trump, says Denmark

Rasmussen’s comments come ahead of a crucial meeting of EU leaders next week, where the EU’s deregulation drive will take center stage. Leaders are expected to urge the bloc’s executive to speed up efforts to slash red tape — a push the Danish...

EU urges U.S. to scrap metal-content tariffs on ‘derivative’ goods

208The European Commission is pressing the United States to remove tariffs levied on the steel and aluminium content of manufactured goods, seeking to advance elements of the EU-U.S. tariff framework that have yet to take effect, EU Trade...

EU executive to propose short-term rental rules to tackle ‘social crisis’ in housing

The EU executive will propose rules to tackle the “huge problem” of short-term rentals via platforms such as Airbnb and Booking.com, as it seeks to confront the “social crisis” of people struggling to afford a home, its first-ever housing...

Washington State Treasurer to Keynote Hoops Tax Institute Forum at WSU

October 14, 2025 Cooper McCauley News Washington State Treasurer Mike Pellicciotti will be the keynote speaker for the Hoops Taxation Research and Policy Institute’s fall forum on Wednesday, October 15, from 4:30 – 5:30 pm in Spark G45 on the...

Economic Minister refutes claims of UK tariff reductions secured by previous administration

The Minister of Economic Development and Trade, Mohamed Saeed, has dismissed claims that Maldivian fish exports to the United Kingdom benefited from tariff reductions negotiated by the previous administration. Speaking in Parliament during a...

Business : Takaful Industry Takes Global Stage At GIFF 2025

KUALA LUMPUR, Oct 15 (Bernama) -- The Malaysian Takaful Association (MTA), as a supporting partner of the Global Islamic Finance Forum (GIFF) 2025, highlighted ASEAN’s progress and future direction in Takaful during the ASEAN Spotlight session,...

ASEAN's Energy Transition No Longer Aspirational But Competitive Necessity - UEM Group

KUALA LUMPUR, Oct 15 (Bernama) -- The road to energy transition and renewable energy (RE) in the ASEAN region is no longer aspirational but a competitive necessity, said UEM Group Bhd managing director Datuk Amran Hafiz Affifudin. He said that no...

Washington ready to increase pressure on Russia — US Treasury Secretary

US Secretary of the Treasury Scott Bessent assured visiting Ukrainian Prime Minister Yulia Svyrydenko at a meeting in Washington that the United States is ready to collaborate with its G7 allies to "significantly escalate pressure on Russia", APA...

UN's maritime emissions plan risks failure due to US sanctions threat

LONDON — An ambitious plan by the UN’s shipping agency to cut maritime emissions could be scuttled at the last minute after the United States threatened to impose sanctions on those supporting it. Already approved in April, members of the...

UN Security Council Decision Triggers Snapback Sanctions on Iran

The decisive 9-4 vote against the Russia-China resolution marks not just a diplomatic defeat, but a stark revelation that even authoritarian solidarity has its breaking point when nuclear proliferation is at stake. The Snapback Mechanism: A Time...

Business : US-Malaysia Reciprocal Agreement To Be Signed Next Week Seen As Fair -- Tengku Zafrul

KUALA LUMPUR, Oct 15 (Bernama) — The Reciprocal Trade Agreement expected to be signed between Malaysia and the United States (US) in conjunction with the 47th ASEAN Summit next week is seen as fair for both parties, taking into account their...

NZ PM wants collaboration with Asean to preserve trade, diplomacy

New Zealand prime minister Christopher Luxon urges Asean to uphold the rules-based order for the benefit of trade-dependent countries like New Zealand and Malaysia. AUCKLAND: With geopolitical tensions rising, New Zealand and Asean must take the...

Trump, Milei discuss $20 billion currency swap to stabilise Argentina's economy

Washington: US President Donald Trump on Tuesday hosted Argentinian President Javier Milei at the White House, where the two leaders discussed a $20 billion currency swap aimed at stabilising Argentina's economy. The agreement, finalised less than...

Economy alert: £7.5bn windfall for UK by tackling judicial review 'blockers', Rachel Reeves claims

The UK economy will receive a £7.5billion boon by tackling "blockers" using the court system to prevent major infrastructure projects from being given the green light, Chancellor Rachel Reeves has confirmed. Ms Reeves has revealed plans to slash...

UN urges Libya’s leaders to quit stalling and disrupting political road map for reunification

Envoy says UN’s mission in Libya will seek Security Council backing for alternative approaches if rival political factions cannot reach consensus Security situation in Western Libya, particularly Tripoli, is ‘fragile but improved thanks in part to...

Trust, Trade, and Values: The deepening EU-Philippine economic partnership

This week, representatives of select European companies are in Manila for the annual EU-ASEAN Business Mission. They will hold high-level meetings with National Government leaders to discuss ways to further strengthen business and economic ties...

IMF: Economic Reforms, Improved FX Position Have Strengthened Nigeria’s Stability, Outlook

•Upgrades country’s 2025 growth forecast to 3.9%, 4.2% in 2026 • Cardoso foresees 6% trade surplus for Nigeria with FX stability •Nigeria strengthens ties with JICA, MIGA to deepen investment drive, economic growth Eromosele Abiodun and Nume...