US takes more steps to block NKorea’s access to financial system

By Patricia Zengerle WASHINGTON, Jun 2 : The United States declared North Korea a “primary money laundering concern,” and moved to further block its ability to use the US and world financial systems to fund its weapons programs. The US Treasury Department called for a prohibition on certain US financial institutions opening or maintaining correspondent […]

Mexico brokerages seek more time on tax probe request -document

By Alexandra Alper MEXICO CITY, Jun 2 : Mexican brokerages are pushing back against a massive government data request that aims to uncover possible tax evasion, a document showed, after the “Panama Papers” cast a spotlight on how the world’s rich and famous hide their wealth. Last month, Reuters reported that Mexico’s tax authority, SAT, […]

Battling to hold off Sanders, Democrat Clinton to assail Trump on foreign policy

By Amanda Becker and Doina Chiacu WASHINGTON, Jun 2 : Democratic presidential front-runner Hillary Clinton’s campaign signaled plans for a big assault on Republican Donald Trump, even as she battles to hold off rival Bernie Sanders in California. Clinton, a former secretary of state, is to deliver what her campaign described as a major speech […]

Australia shares fall to over 2-week lows, New Zealand shares ease

By Colin Packham and Charlotte Greenfield SYDNEY/WELLINGTON, Jun 2 : Australian shares fell to more than two-week lows on Thursday as market sentiment remained under pressure from weak Chinese economic data and expectations that Australia may delay widely expected interest rate cuts. The S&P/ASX 200 index fell 0.9 percent, or 48.07 points to 5,275.1 by […]