Economy

Ex-S. Korean President Lee arrested over corruption scandal

Mar 22, 2018

South Korean ex-President Lee Myung-bak has been arrested and jailed over a range of corruption allegations, becoming the latest in a series of disgraced leaders embroiled in scandals and other problems after leaving office

German business confidence drops amid growing concerns

Mar 22, 2018

German business confidence has fallen amid growing concerns about international risks like the possibility of a trade war with the United States

The Latest: EU's Tusk expresses "cautious optimism" on trade

Mar 21, 2018

European Union Council President Donald Tusk says he has "cautious optimism" that the trade war between the EU and the United States over steel and aluminum tariffs can be avoided

Germany's Merkel hopes to avert 'illegal' US tariffs

Mar 21, 2018

German Chancellor Angela Merkel is backing talks aimed at averting U.S. steel and aluminum tariffs that she believes are illegal, but says Europe will retaliate in an "unambiguous" way if it has to

Strikes to disrupt French trains, flights, schools Thursday

Mar 21, 2018

French trains, flights, schools and other public services are set to be disrupted Thursday by nationwide strikes to protest against President Emmanuel Macron's economic measures

BMW will spend more on autonomous driving, electric cars

Mar 21, 2018

BMW says its profits this year will at least equal last year's results as the company sinks billions into developing electric and autonomous car technology to meet expected changes in how people get from one place to another

German panel ups growth forecast but warns on trade war

Mar 21, 2018

A council of economic advisers to the German government is upping its estimate for this year's gross domestic product growth

World shares waver as investors await Fed decision on rates

Mar 21, 2018

World shares waver as investors await Federal Reserve decision on interest rates

Asian stocks advance ahead of Fed meeting, Tokyo closed

Mar 21, 2018

Asian stock markets advance ahead of Federal Reserve meeting

Trade war fears weigh on investor sentiment in Germany

Mar 20, 2018

Jitters over a possible U.S.-led trade war are weighing on a key index of sentiment among investment professionals in export-oriented Germany

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