Thursday, 28th, 2024 | 9:16PM Updated

Traffic passes a 1Malaysia Development Berhad (1MDB) billboard at the Tun Razak Exchange development in Kuala Lumpur, Malaysia,
Malaysia says auditor KPMG to pay $80 million in 1MDB settlement

Malaysia said on Thursday audit firm KPMG has agreed to pay a 333 million ringgit ($80.11 million) settlement to resolve all claims related to their fiduciary duties on auditing of 1Malaysia Development Berhad (1MDB) accounts from 2010 to 2012.

Chinese Commerce Minister Wang Wentao attends a State Council Information Office news conference in Beijing, China
China applies to join Pacific trade pact in bid to boost economic clout

China has filed an application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the country's commerce ministry said on Thursday, as the world's second-biggest economy looks to bolster its clout in trade.

The Chinese national flag is seen in Beijing, China
Probe found 'undue pressure' from World Bank leaders to boost China business rankings

An investigation conducted by law firm Wilmerhale concluded that leaders of the World Bank applied "undue pressure" to secure changes aimed at improving China's ranking in the bank's "Doing Business 2018" and those of other countries in the 2020 report.

Chairwoman Carolyn Maloney (D-NY) delivers an opening statement during a hearing before the US House of Representatives Committee on Oversight and Reform focused on the cost of prescription drugs, in the U.S. Capitol, in Washington, U.S.,
U.S. House panel to probe oil companies over climate disinformation

U.S. Democratic lawmakers on Thursday asked the chiefs of four major fossil fuel companies and two lobbying groups to testify next month on whether the industry led an effort to mislead the public and prevent action to fight climate change.

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Demonstrators attend a protest against a decision restricting abortion rights in Warsaw,
Change rape definition, stop restricting media, Europe tells Poland

Poland must change its legal definition of rape to protect women and stop restricting media, European institutions said on Thursday, in the latest challenges to the ruling nationalists over rights and democracy.

People from Afghanistan walk with their belongings as they cross into Pakistan at the 'Friendship Gate' crossing point, in the Pakistan-Afghanistan border town of Chaman, Pakistan,
UN refugee chief warns 'greater suffering' likely in Afghanistan

Afghanistan needs urgent and sustained support from the international community to prevent a larger humanitarian crisis, the head of the U.N. refugee agency said, warning of global implications if that were to happen.

U.S. President Joe Biden talks with French President Emmanuel Macron at the final session of the G7 summit in Carbis Bay, Cornwall in Britain,
France says Biden acted like Trump to sink Australia defence deal

France accused U.S. President Joe Biden on Thursday of stabbing it in the back and acting like his predecessor Donald Trump after Paris was pushed aside from a historic defence export contract to supply Australia for submarines.

People wearing protective masks shop at Macy's Herald Square following the outbreak of the coronavirus disease (COVID-19) in the Manhattan borough of New York City, New York, U.S.,
U.S. retail sales surprise to upside in strong boost to economy

U.S. retail sales unexpectedly increased in August, likely boosted by back-to-school shopping and child tax credit payments from the government, which could temper expectations for a sharp slowdown in economic growth in the third quarter.

People gather to demand repayment of loans and financial products as security personnel guard outside Evergrande's headquarters in Shenzhen, Guangdong province, China
As China Evergrande's debt crisis deepens, unpaid small business owners speak of despair

Wu Lei says his small construction company in central China has accepted commercial paper from property developer Evergrande as payment for two years but with that paper's value now in doubt, his firm is on the verge of collapse.

Signage is seen at the United States Department of Justice headquarters in Washington, D.C., U.S.
U.S. Justice Dept orders review that grantees obey civil rights laws

Associate Attorney General Vanita Gupta this week ordered the Justice Department to review whether it is adequately monitoring police departments and other recipients of its federal grants to ensure they are not engaging in "illegal discrimination."

The Duke of Edinburgh Prince Philip talks to ex-servicemen during a wreath-laying ceremony commemorating the 80th anniversary of the Malta Branch of the British Legion at Malta's Cenotaph War Memorial in Floriana, outside Valletta
Will of Queen Elizabeth's late husband will be sealed, court decides

The will of Prince Philip, the late husband of Britain's Queen Elizabeth, will be sealed and remain private for at least 90 years to preserve the monarch's dignity, a judge at London's High Court has ruled.

Iran's deputy negotiator Ali Bagheri speaks during a news conference in Almaty
Iran president selects hardline cabinet to drive hard bargain with U.S.

Iran, emboldened by the messy U.S. withdrawal from Afghanistan, is betting that its new hardline cabinet -- including Deputy Foreign Minister Ali Bagheri Kani -- can force concessions in talks on Tehran's 2015 nuclear deal with world powers.

Britain's Prince Andrew leaves St Mary the Virgin church in Hillington, near royal Sandringham estate, in Norfolk, Britain
UK court to ensure sexual assault papers can be served on Prince Andrew

London's High Court said on Wednesday it would take steps if necessary to serve papers on Britain's Prince Andrew in a U.S. lawsuit brought by a woman who accuses him of sexually assaulting her two decades ago.

Back to school: hit show 'Sex Education' returns with more teen antics

Hit Netflix comedy-drama "Sex Education" is back for a third series this week with lead character Otis Milburn "sassier" than before thanks to a secret affair.

Joint Chiefs of Staff Chairman Army General Mark Milley holds a news briefing at Pentagon in Arlington, Virginia, U.S.
Biden backs top general Milley after reported 'secret' calls with China

President Joe Biden on Wednesday threw his support behind the top U.S. military officer, Mark Milley, a day after a new book said he went around civilian leaders to place secret calls to his Chinese counterpart over concerns about then-President Donald Trump.

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