Search Results for: Russian
Andorra to renounce banking secrecy as it sheds tax haven status
December 2nd, 2016
Pyrenees principality approves automatic sharing of information on accounts held by non-residents from EU countries Andorran lawmakers have agreed to end banking secrecy in the Pyrenees mountains principality, approving automatic sharing of information on accounts held by non-residents. The ...
Western firms invest billions in Russia as economy returns to growth
November 24th, 2016
A number of large Western corporations are increasing investment in Russia, with the country’s economy recovering from its deep decline, according to Bloomberg. Global retailers like Sweden’s IKEA and France’s Leroy Merlin have started pouring billions of dollars into ...
ATM cybergang linked to attacks across Europe
November 23rd, 2016
A cybergang has been hacking the computer systems of European and Asian banks and forcing ATMs to spew out cash, warns security outfit Group IB. The Cobalt gang has hit unnamed banks in at least 14 countries, including Russia, ...
Asia stocks at one-week highs on U.S. cues; oil jumps
November 22nd, 2016
Asian stocks rose to one-week highs, helped by solid overnight gains on Wall Street, though investors were wary of chasing prices higher until President-elect Donald Trump picks his economic team. Oil extended gains. Crude oil climbed in Asian trading ...
Oil prices pull back after another jump in U.S. supply
November 17th, 2016
Oil futures were lower in Asian trade Thursday after weekly data showed another large increase in U.S. inventories of crude. On the New York Mercantile Exchange, light, sweet crude futures CLZ6, -0.22% traded 8 cents lower at $45.49 a barrel, in the ...
Asian Shares Jump With Metals as Trump Reassessed; Kiwi Weakens
November 10th, 2016
Stock gains led by raw-materials producers as copper jumps Australian 10-year debt yield surges more than 20 basis points Stocks in Asia rebounded from their steepest slide since Brexit, industrial metals surged and regional bonds tumbled after Donald Trump’s ...
Markets recover after early losses as Trump elected 45th US President
November 9th, 2016
The newly elect president Donald Trump’s victory speech has reassured investors and calmed down markets which suffered sharp losses early Wednesday. European markets regained ground, the FTSE 100 rebounded after a two percent slump at opening. It was down ...
Bank fined $215 Million by DFS for violating Anti Money Laundering Laws
November 7th, 2016
DFS Investigation Uncovers Intentional Actions to Obscure U.S. Dollar Clearing Transactions, Including Counterfeit and Falsified Invoices involving China and Russia and Omission of Information Regarding Possible U.S. Dollar Trades with Sanctioned Counterparties Bank Management Silenced and Severely Curtailed the ...
Codes of behaviour
November 6th, 2016
Observing America’s presidential election from afar has been a curious experience for foreigners. The next President will be the de facto ruler of the advanced nations, unelected by them, but subject to his or her overreaching strategic commands. On ...
LinkedIn could soon be banned in Russia
October 27th, 2016
The world’s largest professional network LinkedIn could soon be blocked in Russia. The company has failed to comply with a law that obliges companies to keep data on Russian users in the country. Apart from not moving servers to ...
