SYDNEY (Reuters) - Australian Prime Minister Malcolm Turnbull on Friday challenged a surprise decision by South Australia state to impose its own tax on banks, amid investor fears his federal government's bank levy could unleash a wave of new imposts on lenders.
TOKYO (Reuters) - Asian shares baulked at the starting gate on Friday but remained on track for a weekly gain, while crude oil prices pulled away from this week's 10-month lows.
TOKYO (Reuters) - Japanese manufacturing activity slowed in June as new orders grew at the slowest pace in seven months, a preliminary private survey showed on Friday in a sign of a slight weakening in domestic demand.
ABUJA (Reuters) - Nigeria's distributable government revenues rose to 462.4 billion naira ($1.43 billion) in May from 415.7 billion naira in April due to higher proceeds from corporate taxes, a government statement said on Thursday.
LONDON (Reuters) - U.S. subscription-based airline Surf Air launched in Europe on Friday as it bids to tap into the frequent flyer market, challenging the continent's traditional airlines with a model of unlimited flights for a monthly fee.
WASHINGTON (Reuters) - Once confirmed as permanent chairman of the U.S. Commodity Futures Trading Commission, J. Christopher Giancarlo, now the regulator's acting chair, will keep the heat on derivatives and commodities markets with tough policing, he said on Thursday.