Bloomberg News

White House confirms Trump paid $38-million tax on $150-million income

The amounts reported on MSNBC suggested Trump paid an effective tax rate of roughly 24% to 25% in 2005.

US retaliates against Russian interference with 2016 election

“All Americans should be alarmed by Russia’s actions,” Obama said in a statement.

Netanyahu says ‘no doubt’ US behind UN vote on settlements

The opposition blames Netanyahu’s policies, stoking calls to topple him.

Samsung scraps production of the Note 7 over fire concerns

Samsung has taken the drastic step of killing off its Galaxy Note 7 smartphone after failing to fix exploding batteries.

Biden given frosty reception in Turkey after Erdogan demands extradition of Gülen

After July’s botched coup attempt, Turkey rounded on the US vice-president to demand an exiled cleric’s extradition.

Rand at a nine-month high against the dollar as election results trickle in

​The rand strengthened to a nine-month high against the dollar to lead global currency gains as election results showed a swing toward the DA.

Gordhan answers police questions on South African tax unit

Despite his belief that he is in no way obligated to answer the Hawks' questions, Finance Minister Pravin Gordhan has decided to respond.

Gordhan’s job seen at risk as feud with Hawks continues

Investors are increasingly concerned that the finance minister could lose his job, a move that would 'wreak complete chaos on the markets'.

Hawks say Gordhan can’t stymie probe

The Hawks are forging ahead with their probe into the Sars investigative unit, despite Finance Minister's missing deadlines to answer their questions.

Battle for treasury puts Gordhan’s stability vow at risk

The dispute between the Hawks and Finance Minister Pravin Gordhan worsens as police "harassment" continues.

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