Edward Snowden's Escape from Hong Kong 'a Setback' for...
White House angered by Hong Kong government claims that Edward Snowden extradition request was incomplete.
View ArticleBrics Join Forces to Fight Impact of Fed Stimulus Cuts
Brazil's Dilma Rousseff and China's Xi Jinping discuss BRICS cooperation.
View ArticleG20 task force to study Libor reform
The Financial Stability Board will set up a task force to look at reform of Libor after three banks were fined for rigging the interest rate benchmark.
View ArticleMark Carney’s FSB Launches G20 Taskforce to Forge Libor Reform Blueprint
Financial Stability Board sets up taskforce after Barclays, RBS and UBS settle with regulators.
View ArticleNSA Whistleblower Edward Snowden Never got to Russia, Says Foreign Minister
Sergei Lavrov lambasts Washington for accusations over Snowden affair and says whistleblower never even crossed Russia's border.
View ArticleEdward Snowden will not be Extradited, says Vladimir Putin
Surveillance whistleblower 'still at Moscow airport' according to Russian president.
View ArticleGlobal supervisors take tough line on bank leverage
Global banking regulators have taken a tough line on how much risk banks can take on in a move that will mostly hit those lenders holding large amounts of financial derivatives.
View ArticleBe realistic about Libor reform, says FCA
The head of the Financial Conduct Authority and co-chair of a G20 review into Libor reform has counselled against rushing into changing how the widely used interest rate benchmark is set, saying on...
View ArticleWhat are the Options for Federal Election in Australia Under Kevin Rudd...
With Kevin Rudd now the prime minister, Australians are waiting for the announcement when will the federal election be held. Former PM Julia Gillard scheduled it Sept 14, but Mr Rudd hinted it could be...
View ArticleGovernments to target tech giants' tax avoidance: draft
Western governments are set to target a range of tax loopholes used by technology giants including Apple, Amazon as part of an international drive to tackle corporate tax avoidance, a draft action plan...
View ArticleGermany calls on EU to ban "patent box" tax breaks
Germany's finance minister on Tuesday called for a ban on the so-called "patent box" tax break offered by Britain, Netherlands and some other bloc members which he says results in unfair competition...
View ArticleJapan may press China on slowdown, shadow banking at G20
Japan may press China at a global meeting next week for more information about a slowdown in the world's No. 2 economy and risks posed by its "shadow" banking system, Tokyo's top financial diplomat...
View ArticleKremlin Orders Typewriters in Fight against Security Leaks
Russia turns to vintage tool in wake of NSA revelations and WikiLeaks cables.
View ArticleG20 needs clear, predictable policies - Russia
The Group of 20 backs clear monetary policies, Russia said on Thursday, reflecting the concerns of developing economies that a withdrawal of U.S. monetary stimulus could cause market turmoil and...
View ArticleAmazon criticized over low German tax bill
Amazon.com Inc's main German unit paid income tax of just 3 million euros in 2012 after the group channeled sales to German clients of $8.7 billion via Luxembourg units, prompting one lawmaker to call...
View ArticleAmazon criticised over low German tax bill
Amazon.com Inc's main German unit paid income tax of just 3 million euros (2.58 million pounds) in 2012 after the group channelled sales to German clients of $8.7 billion via Luxembourg units,...
View ArticleMarket Weekahead: Indian Investors Await Blue-Chip Earnings
After Infosys Ltd(INFY.NS) kicked off the April-June earnings reporting season on a solid footing, investors will now look forward to blue-chip earnings like Reliance Industries Ltd(RELI.NS) and Tata...
View ArticleKremlin Reverts to Typewriters to Protect Data from Leaks (VIDEOS)
The clickety clack of typewriters - a sound unknown to today's generation who grew up on PCs, laptops and now tablets - will soon be heard again. At least in Kremlin as a precautionary measure against...
View ArticleSouth Korea says U.S. must consider global effects of QE exit
South Korea said on Tuesday it will press the United States at G20 meetings in Moscow this week to consider the repercussions for the global economy when the Federal Reserve decides to wind down its...
View ArticleG20 summit urged to focus on weak jobs growth
The G20 group of leading economies must prioritise jobs at their summit in Moscow later this week, the International Labour Organization and Organization for Economic Cooperation and Development said...
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