Shanghai / AFP G20 finance ministers gather in Shanghai from Friday with the global economy assailed on multiple fronts, from China’s slowing growth to weak commodity prices, amid simmering disagreements over how best to face the challenges. The International Monetary Fund (IMF) on Wednesday warned risks of a “derailed recovery” are growing, citing China’s faltering economy, falling oil and commodities ...

Tokyo / AFP Money-losing Sharp on Thursday accepted a multi-billion-dollar bailout from the parent of Taiwan’s Foxconn, ending speculation over its uncertain future with the first foreign takeover of a major Japanese electronics firm. Sharp — which has teetered on the edge of bankruptcy for years — had been mulling rival offers from Taiwan-based Hon Hai Precision, better known as ...

Bangkok / AFP Thai exports fell by nearly nine percent in January, their worst drop in more than four year as economic woes continue to pile up on the kingdom’s military rulers, government figures released Thursday showed. Once one of Southeast Asia’s most vibrant and successful economies, Thailand has struggled with lacklustre growth fuelled by more than a decade of ...