The Trump administration intervened to quash a $15 billion deal for Siemens Corp. to develop power stations in Iraq, instead persuading Baghdad to sign an agreement with General Electric Co., two administration officials said.
Two months after Australia’s government was rocked by political upheaval that saw Scott Morrison emerge as prime minister, speculation is mounting that more turmoil is brewing in the ruling coalition.
Welcome to Thursday, Asia. Here’s the latest news from Bloomberg Economics:
If Apple Inc.’s latest iPhone release has market-moving potential, too bad for investors in one of its major suppliers.
The arrest of a senior executive at Lippo Group, one of Indonesia’s leading business conglomerates, has thrown into doubt the future of a major development project touted as the “Shenzen of Indonesia.”
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