SHANGHAI: China will step up its crackdown on illegal cross-border money transfers conducted by underground money dealers and offshore companies, as part of efforts to fight corruption, the central bank said on Saturday.
BRITAIN'S third-quarter growth prospects have been seriously dented after construction output fell at its sharpest rate in more than two-and-a-half years.
The world's leading finance ministers agreed on Friday to change the rules on taxing profits, and warned multinational companies they could no longer use their size and international presence to dodge taxes.
Miners have been propelled to their biggest gains for six years as Glencore slashed zinc production by a third and the bond giant Pimco called the end of the rout in global commodity prices.
A barman pours a beer produced by brewing company SABMiller at a bar in Cape Town, September 16, 2015. Image: MIKE HUTCHINGS REUTERS.