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.
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.
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.
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.
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.
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.
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.
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.
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.
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 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, 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.
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.
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.
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.
