National Australia Bank Ltd's
chairman said on Tuesday he regretted the board's
failure to step in after the lender took three years to agree a
refund for thousands of pension fund investors charged fees for
advice they never received.
Mexico's incoming finance
minister on Monday said he will push for a larger primary budget
surplus next year as he sought to shore up investor confidence
after the main stock index fell to its lowest level since 2014.
Carlos Ghosn, the former chairman
of Nissan Motor Co, shifted personal investment losses
incurred during the 2008 financial crisis to the automaker to
avoid millions of dollars in losses himself, the Asahi Shimbun
reported on Tuesday.
Australia's banking regulator on Tuesday
proposed extending the deadline for implementing new capital
rules on some loans to Jan. 1, 2022, after lenders raised
concerns about the impact on their competitiveness against
Australian shares inched up on Tuesday as
developments in the U.S.-China trade dispute favoured caution,
but heavyweight BHP lent some support after announcing it had
found new mineral deposits in South Australia.