Mon07252016

LAST_UPDATEMon, 25 Jul 2016 10am

Lagarde: Unflappable IMF Chief Who Smashed Glass Ceiling

Pic: AP

PARIS: Five years ago Christine Lagarde burst through the glass ceiling at one of the world’s leading institutions, becoming the first woman to head the International Monetary Fund.

Read more: Lagarde: Unflappable IMF Chief Who Smashed Glass Ceiling

Dollar Buoyant Versus Euro, Yen As Risk-On Mood Prevails

Currency signs are seen at an exchange office as a woman exchanges money at Narita International airport, near Tokyo, Japan, March 25, 2016. REUTERS picThe dollar was buoyant against the euro and yen early on Monday as a prevailing risk-on mood continued to support the U.S. currency and assets.

Read more: Dollar Buoyant Versus Euro, Yen As Risk-On Mood Prevails

Apple To Open First Apple Store In Taiwan

Apple Inc is planning to open its first Apple Store in Taiwan, a move that comes after the U.S. technology giant raised $1.38 billion in a bond offering last month on the island that is home to many companies in its supply chain.

Read more: Apple To Open First Apple Store In Taiwan

Japan June Exports Fall Less Than Expected, Offer Hope Of Recovery

A businessman walks near a cargo area at a port in Tokyo, Japan, March 16, 2016. REUTERS picJapan's exports fell less than expected in June in a tentative sign that overseas demand could be recovering from persistent weakness that set in last year.

Read more: Japan June Exports Fall Less Than Expected, Offer Hope Of Recovery

Verizon 'Agrees $5bn Yahoo Deal'

US telecoms giant Verizon Communications is to buy Yahoo's search and advertising operations for $5bn (£3.8bn), according to media reports.

Read more: Verizon 'Agrees $5bn Yahoo Deal'

More Chinese Buyers Enquire About UK Property After Brexit Vote

Estate agents boards are lined up outside houses in south London, Britain June 3, 2014. REUTERS picInterest among Chinese buyers in buying UK property has surged since Britain voted to leave the European Union last month, as the pound's slide has created opportunities to buy at a discount, real estate website juwai.com said on Monday.

Read more: More Chinese Buyers Enquire About UK Property After Brexit Vote

Philip Green Alone Responsible For BHS Collapse, UK Lawmakers Say

Pic; ReutersLONDON: Retail tycoon Philip Green’s greed and disregard for corporate governance led to the demise of BHS and the loss of 11,000 jobs, a joint parliamentary committee said, calling the collapse of the British stores group “the unacceptable face of capitalism.”

Read more: Philip Green Alone Responsible For BHS Collapse, UK Lawmakers Say

China Cannot Easily Solve Debt Problem, But No Systemic Risks, Says Finance Minister

Pic: Reuters

CHENGDU (China): China’s finance minister Lou Jiwei warned today that the government cannot easily step in to solve debt problems, but that China does not have systemic regional debt risks despite a few corporate defaults.

Read more: China Cannot Easily Solve Debt Problem, But No Systemic Risks, Says Finance Minister

G20 Nations Must Boost Coordination, Redouble Efforts To Support Growth

United States Secretary of the Treasury Jacob Lew attends a panel for the High-level Tax Symposium held in Chengdu in Southwestern China's Sichuan province July 23, 2016. — Reuters picCHENGDU: The world’s leading economies will step up efforts to lift global economic growth and share the benefits more broadly, top policymakers meeting in China said today, as they seek to counter growing dissatisfaction with globalisation.

Read more: G20 Nations Must Boost Coordination, Redouble Efforts To Support Growth

Life Insurance Sector Has Growth Potential, Says MII

Agents should play their role in addressing the insurance protection gap by forming better relationships with customers and being proactive in approaching them and by better understanding their needs. - File PhotoKUALA LUMPUR: Malaysia's dynamic life insurance sector has the potential to grow with the still large insurance protection gap, says the Malaysian Insurance Institute (MII).

Read more: Life Insurance Sector Has Growth Potential, Says MII