Banks in Myanmar have bought hundreds of millions of dollars in the black market this year, banking officials say. An unregulated trade had flourished under military rule and has raised fears among foreign investors of backsliding on reforms.
Germany's largest lender has said US President Donald Trump's recent tax reform has pushed Deutsche Bank into the red again after two previous disastrous years. But that's not the only trouble it has to deal with.
A Sydney man allegedly tried to sell "missile components" and military expertise to foreign countries to raise money for Pyongyang. The Australian police described him as a "loyal agent of North Korea."
Germany's biggest lender is expecting to report a full-year after-tax loss for 2017, largely owing to changes in the US tax system. The bank said it also suffered from low levels of client activity last year.
In 2000, Zimbabwe's government expropriated white farmers without compensation. Hyperinflation and food shortages followed. Now the South African government is discussing a similar law. Do the same risks lie ahead?
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