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Pro-Russian Czech president faces challenge from newcomer in runoff election
Russia-friendly Czech President Milos Zeman won the first round of voting to retain his job on Saturday, but pro-western runner-up Jiri Drahos will be a formidable opponent in the second round vote in two weeks, nearly complete results showed.
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China's U.S. bond rebalancing would hold few fears for Fed
Federal Reserve policymakers reacted coolly to a report on Wednesday that China could curb its massive U.S. debt purchases, pointing out that such rebalancing by countries can be healthy and would not likely disrupt the U.S. central bank’s plan to trim its own bond portfolio.
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Democrats target Russia, Trump on election meddling
Democratic U.S. lawmakers accused Russia on Wednesday of a “relentless assault” on democratic institutions worldwide, and called on President Donald Trump to treat election interference as a national crisis.
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European banks braced for 'slow burn' payments revolution
New European rules on online payments and banking due to go into effect on Saturday mark the start of a “slow burn” revolution that will prise open traditional retail banking and may force lenders to rethink their business models, regulators say.
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Cryptocurrency may be getting quietly channeled to North Korea university: report
A cybersecurity company said it has found software that appears to install code for mining cryptocurrency and sends any mined coins to a server at a North Korean university, the latest sign that North Korea may be searching for new ways to infuse its economy with cash.
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Wanting a new start, Britain's May changes leadership team
British Prime Minister Theresa May named an ally to run the ruling Conservatives and promoted younger ministers on Monday to try to give her divided party and government a new start after a year marred by an ill-judged election, rows over Brexit and scandals.
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China tightens rules on commercial lender shareholders, entrusted loans
China’s banking regulator has introduced new measures to increase scrutiny on investments in commercial lenders and tighten regulation on the entrusted loans market, a rapidly growing segment of the country’s shadow banking.
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U.S. blocks MoneyGram sale to China's Ant Financial on national security concerns
Ant Financial’s plan to acquire U.S. money transfer company MoneyGram International Inc (MGI.O) collapsed on Tuesday after a U.S. government panel rejected it over national security concerns, the most high-profile Chinese deal to be torpedoed under the administration of U.S. President Donald Trump.
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