A Malaysian cabinet minister has admitted that Prime Minister Najib Razak was the mysterious unnamed official who the US Justice Department said took part in rampant looting of state funds.
Qatar, whose budget will turn back to surplus in 2017, will remain in one of the strongest fiscal positions in the world over the next decade and continue to hold massive financial buffers through its sovereign wealth fund, according to BMI.
Emerging-market stocks advanced with currencies on Friday, trimming a weekly retreat, amid speculation policy makers...