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China Seeks to Cap Fossil Fuel Emissions for First Time

June 6th, 2014 (0)
China is working on how to cap its greenhouse gas emissions for the first time, an effort that would spur the worldwide effort to hold back climate change. The world’s biggest producer of fossil fuel emissions has been studying ...

CySec: imposition of administrative fines to Cyprus Popular Bank Co Ltd and Bank of Cyprus

June 6th, 2014 (0)
CySec announcement dated 05 June 2014 The Cyprus Securities and Exchange Commission (CySec) informs the investors that, at its meeting held on 28 April 2014 , has completed its investigation regarding the investment in Greek Government Bonds from Cyprus ...

FCA says logbook lenders must raise standards

June 5th, 2014 (0)
The Financial Conduct Authority (FCA), the British regulatory authority has urged the importance of raising longbook lenders’ standards after finding evidence of poor firm behaviour, including little or no affordability checks with some applicants encouraged to manipulate details of their ...

Sprint and T-Mobile near a deal

June 5th, 2014 (0)
Sprint Corp. (S) is nearing an agreement on the price, capital structure and termination fee of an acquisition for T-Mobile US Inc. (TMUS) that could value the wireless carrier at almost $40 a share, people with knowledge of the ...

Yen Rebounds as Most Asia Stocks Drop With Oil Before ECB

June 5th, 2014 (0)
Japan’s yen rebounded from a one-month low while Euro Stoxx 50 Index futures were little changed before a European Central Bank monetary-policy announcement. Most Asian stocks retreated with oil, and platinum dropped amid talks to end a South African ...

SEC Charges Bitcoin Entrepreneur With Offering Unregistered Securities

June 4th, 2014 (0)
The U.S. Securities and Exchange Commission has charged the co-owner of two Bitcoin-related websites for publicly offering shares in the two ventures without registering them. An SEC investigation found that Erik T. Voorhees published prospectuses on the Internet and ...

The Perils of Silos in Risk Management

June 4th, 2014 (0)
Silos, or autonomous units, can exist in most organizations. It’s no surprise that risk management can be divided into “siloed” functions, and it’s commonly done. Among their advantages: Silos can enable risk management specialization by business unit. For example, ...

China’s Yuan edges lower on Dollar demand for dividend payments

June 4th, 2014 (0)
China’s yuan weakened marginally against the dollar on Wednesday as overseas-listed Chinese companies bought dollars to pay interim dividends, traders said. Spot yuan stood at 6.2552 per dollar at midday, easing 0.02 per cent from Tuesday’s close as the ...

Singapore follows China With Dangerous Debt Level

June 4th, 2014 (0)
Singapore companies’ indebtedness has swelled to the most in Asia after China and India as the city-state’s economic growth slows, according to GMT Research Ltd. Leverage among the Southeast Asian nation’s corporates is following counterparts in the two larger ...

Fed may shun global risk rules banks spent billions to meet

June 4th, 2014 (0)
The Federal Reserve may scrap international measures aimed at assessing bank health in favor of imposing its own rules, frustrating bankers who have spent billions of dollars retooling their books to meet global standards. Fed officials are concerned that ...
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