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Tuesday, March 25, 2014

Banks pay out $100bn in US fines

Banks pay out $100bn in US fines


Banks pay out $100bn in US fines

Posted: 25 Mar 2014 11:42 AM PDT

Regulators and the Obama administration have sought to counter perceptions that bankers have got off lightly for their role in the financial crisis

Moscow’s move shows weakness, says Obama

Posted: 25 Mar 2014 11:52 AM PDT

While conceding Crimea was under Russian control, US president made clear he did not think Russia's move symbolised its return as a superpower

MH370 families furious at China officials

Posted: 25 Mar 2014 09:24 AM PDT

Families take to the streets in Beijing, storming the Malaysian embassy and raising the political stakes for the Chinese leadership

Venezuela eases currency controls

Posted: 25 Mar 2014 11:06 AM PDT

New arrangement welcomed as first step to normalising Venezuela's foreign exchange market but long-lasting relief not guaranteed

Brazil attacks credit downgrade by S&P

Posted: 25 Mar 2014 11:31 AM PDT

A downgrade of Brazil's credit rating to just above junk status underlines a growing lack of confidence in the country's fiscal and economic management

Egypt puts more Islamists on trial

Posted: 25 Mar 2014 09:49 AM PDT

Defence lawyers boycott proceedings in protest at what they say was judge's disregard for proper procedure in previous day's case when hundreds were sentenced for death

US draws together S Korea and Japan

Posted: 25 Mar 2014 06:47 AM PDT

Barack Obama is using Washington's clout to persuade Shinzo Abe and Park Geun-hye, the Japanese and South Korea leaders, to have a trilateral meeting

China urged to reform urban development

Posted: 25 Mar 2014 05:45 AM PDT

World Bank says Beijing would save $1.4tn on infrastructure if it introduced market reforms to decrease urban sprawl and abolished its hukou system

Pipeline attacks hit Yemeni oil industry

Posted: 25 Mar 2014 06:48 AM PDT

The Arab world's poorest country spent more last year on importing oil than it made from exports for the first time in almost 30 years

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