Fugitive Malaysian financier
Low Taek Jho has said he only acted as an intermediary for deals
involving 1MDB, denying in an interview published on Monday that
he had set the stage for the theft of billions of dollars from
the Malaysian state fund.
China's services sector expanded
at a slower pace in December following a strong rebound in the
previous month, with business confidence falling to the second
lowest on record despite a pick-up in new orders, a private
survey showed on Monday.
An unprecedented combination of
low U.S. unemployment, weak inflation and low interest rates has
the U.S. Federal Reserve grappling with how to fight the next
recession, as experts debate new approaches to financial
regulation as well as a fuller overhaul of Fed strategy.
Australian shares are set to open
marginally lower on Monday in rising tensions between Washington
and Tehran after the U.S. killing of Iran's top military
commander in an air strike last week.
Iran promised vengeance after the U.S. air strike in Baghdad
on Friday killed Qassem...
Three Katyusha rockets fell in
Baghdad on Sunday, including two inside the capital's heavily
fortified Green Zone housing government buildings and foreign
missions, the Iraqi military said.
(Reporting by Ahmed Aboulenein)
Iraq's military said in a
statement on Sunday that six Katyusha rockets had fallen in
Baghdad; three inside the heavily fortified Green Zone and three
others in the nearby Jadriya area.
(Reporting by Ahmed Aboulenein; Editing by Maha El Dahan)