6:47 pm October 21, 2014 | No Comment
Brussels. European Union antitrust regulators are set to fine JPMorgan, UBS and Credit Suisse collectively over $115 million for rigging Swiss franc LIBOR benchmark interest rates, a person familiar with the matter told Reuters. Royal Bank of Scotland alerted the European Commission to the wrongdoing and so would not be penalized for its own role […]
6:27 pm October 21, 2014 | No Comment
Oslo. The United States and European Union want the U.N. to stress the low cost of fighting climate change in a draft handbook on the issue that it is compiling, a leaked document showed on Tuesday. The United States wants the handbook to do more to show that the costs of action “will be almost […]
4:39 pm October 21, 2014 | No Comment
A South African judge on Tuesday sentenced Olympic and Paralympic track star Oscar Pistorius to five years in prison for the negligent killing of his girlfriend Reeva Steenkamp on Valentine’s Day last year.
4:29 pm October 21, 2014 | No Comment
Very low global interest rates are likely to persist for some time yet and investors, in their chase for yield, need to be wary of the risks in pushing asset prices too far ahead of economic fundamentals, a top Australian central banker said on Tuesday.
3:16 pm October 21, 2014 | No Comment
South Africa captain AB de Villiers anchored his side to a six-wicket victory over New Zealand, whose bowling and fielding was far superior to a poor batting performance in the first game of their three match one-day series on Tuesday.
2:52 pm October 21, 2014 | No Comment
Opium poppy cultivation in Afghanistan hit an all-time high in 2013 despite years of counter-narcotics efforts that have cost the United States $7.6 billion, the US government watchdog for Afghanistan reconstruction spending said on Tuesday.
2:27 pm October 21, 2014 | No Comment
The Thai unit of Malaysian bank CIMB Group Holdings Bhd said on Tuesday it would miss its 15 percent loan growth target for this year due to weak economic growth, and forecast even slower loan growth in 2015.
10:54 am October 21, 2014 | No Comment
Senior Hong Kong government officials will meet student leaders for the first time on Tuesday in an attempt to defuse more than three weeks of pro-democracy protests which have brought parts of the Asian financial centre to a standstill.