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Asia Stocks Drop on Fed; H-Share Index Near Bear Market

March 20th, 2014 (0)
Asian stocks fell, with a gauge of Chinese shares in Hong Kong poised to enter a bear market, after the Federal Reserve signaled it may raise U.S. interest rates from the middle of next year. Newcrest Mining Ltd. (NCM), ...

Q&A: Counting the cost of the new £1 coin

March 19th, 2014 (0)
The Royal Mint is taking on the counterfeiters by replacing the humble £1 coin – but businesses say there is a flipside In today’s budget, the UK Chancellor, George Osborne, will announce the replacement of the £1 coin from ...

Hacker Andrew ‘Weev’ Auernheimer attempts to overturn conviction

March 19th, 2014 (0)
Lawyers say conviction under Computer Fraud and Abuse Act is flawed and raises questions for civil liberties online Lawyers for hacker Andrew “Weev” Auernheimer, who is serving a 41-month prison sentence, will appear in a US court on Wednesday ...

Dollar Strengthens as Gold Declines Before Fed Decision

March 19th, 2014 (0)
The dollar gained against most major currencies and gold fell for a third day before the Federal Reserve decides monetary policy. The ruble strengthened for a fourth day and Russian stocks fell as the nation pushed on with the ...

Bank of England launches strategic plan

March 19th, 2014 (0)
The Bank of England today launched its Strategic Plan, following a six month exercise led by the Executive Committee of the Bank. The Plan, to be implemented over the next three years, provides an ambitious agenda to transform the ...

Former Qwest CEO’s Forfeited Insider Trading Gains May Be Tax Deductible

March 19th, 2014 (0)
A federal court may allow the convicted former chief of a telecommunications company to deduct more than $44 million from his taxes after he was forced to forfeit the amount of stock gains he realized from insider trading. Joseph ...

IMF’s Lagarde to be questioned in court over ‘Tapie Affair’

March 19th, 2014 (0)
International Monetary Fund chief Christine Lagarde arrived Wednesday at a Paris court to face more questions over her role in a 2008 arbitration that awarded a massive state payout to controversial businessman Bernard Tapie. It is Lagarde’s third visit ...

Dollar Gains as Stocks Fluctuate With Bonds Before Fed

March 19th, 2014 (0)
The dollar gained against most major currencies while Treasuries and German bunds fluctuated with European stocks before the Federal Reserve decides monetary policy. China’s yuan dropped to the lowest in 11 months amid concern that more companies will default ...

Egypt President will ‘spare no effort’ to resolve case of Al Jazeera journalist

March 19th, 2014 (0)
Interim Egyptian President Adly Mansour assured the family of imprisoned Australian journalist Peter Greste that he “will spare no effort to work towards the speedy resolution of the case.” Mansour’s pledge was made in a letter to parents Juris ...

China real estate firm at risk of bankruptcy

March 19th, 2014 (0)
  Another one bites the dust: A Chinese real estate developer is on the verge of bankruptcy, and is expected to default on millions in debt — the latest sign the government is willing to let some pawns fall ...
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