Business


Pacific ministers meet seeking to finalize trade pact

Australia, Japan, and New Zealand have fought to resurrect the trade deal, which followed five years of negotiations. On the sidelines of the meeting, Mr So held a bilateral meeting with the Minister of Trade of Indonesia, Mr Enggartiasto Lukita, to exchange views on the Hong Kong, China - ASEAN Free Trade Agreement issues.


No

No "royalties holiday" for Adani: Queensland government

The delay of paying government fees has been described as a " royalties holiday ", something denied by Adani. "Any changes to the Queensland royalty scheme must not benefit the Adani project and other new fossil fuel projects". "If some people who live in coffee-sipping inner-Brisbane think they are going to destroy the rest of Queensland, they have a huge fight on their hands", she told the Townsville Bulletin .


Saudi Arabia and Russia signal oil cuts extension into 2018

Saudi Arabia and Russia signal oil cuts extension into 2018

Both investors and analysts are doubtful about the effects of the deal extension, with some suggesting it would have to be extended beyond the end of 2017 and others arguing that cuts won't do the trick because it is missing the point: US producers are boosting their drilling efficiency and lowering production costs, which results in sustainable profitability.


France's President Macron appoints cabinet with figures from the left and right

France's President Macron appoints cabinet with figures from the left and right

Le Maire has been named as French Economy minister in French President Emmanuel Macron's first cabinet, Wednesday May 17, 2017. French President Emmanuel Macron named a mix of prominent and unknown figures from the left and the right Wednesday to make up the government tasked with pushing through his plans to reduce labor protections, tighten European unity and boost military spending.


Russian Federation foreign minister denies talking to Trump about Comey

Russian Federation foreign minister denies talking to Trump about Comey

Trump has been frustrated with the FBI investigation, and has called himself a victim of a witch hunt. House Minority Leader Nancy Pelosi says Donald Trump has shown his disrespect for the presidency if, as reported, he told Russian diplomats that FBI Director James Comey was a "nut job" whose firing relieves pressure on the president.



At G7 ministerial, USA fails to reassure EU, Japan over 'Trumponomics'

Mnuchin. A broader theme not on the written agenda, however, was the desire of foreign leaders to get a better read on Trump's policies, and USA officials desire to make their positions clear. The Organization for Economic Cooperation and Development, a group representing many advanced economies, has urged the U.S.to lower its corporate tax rate.