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China Issues Fresh Curbs On Shadow Banking

China's cabinet has issued new rules to strengthen regulation of the shadow-bank lending that has helped fuel an explosion in debt levels since 2008, in the latest effort to address growing financial risks, sources told Reuters on Monday. The wide-ranging...

Kerry Says Israel, Palestinians Making Progress On Peace ‘Puzzle’

U.S. Secretary of State John Kerry said on Sunday the Israelis and Palestinians were making some progress in peace talks, though there was still a chance no accord would be reached. Speaking before he flew to Jordan and Saudi Arabia...

Thousands Of African Migrants Protest Israel Detention Policy

Thousands of African migrants, many holding banners demanding freedom for compatriots jailed as illegal job-seekers by Israel, protested on Sunday in a main Tel Aviv square against a new open-ended detention law. Human rights groups say more than 300 people...

Egyptian Activists Convicted Over 2012 Attack

Twelve prominent Egyptian dissidents were given one-year suspended jail terms on Sunday in a case brought over an attack on the campaign headquarters of defeated presidential candidate Ahmed Shafik during the 2012 election. The activists include siblings Alaa Abdel Fattah...

Watchdog Slams Deutsche Bank For Libor Probe Response: Report

German banking watchdog BaFin criticized Deutsche Bank's (DBKGn.DE) management for the way it responded to a probe into manipulation of the Libor benchmark interest rate, according to German magazine Der Spiegel. BaFin and other regulators are investigating more than a...

No Bonanza Yet For Big Funds From New Rules To Cut Risk

If pension funds, insurers and sovereign wealth funds were hoping to cash in on lending "high quality" assets to those scrambling to meet tougher collateral requirements in 2014, they are likely to be disappointed. The phasing in of the U.S....

British Reporting Rule Change Exposes Transatlantic Cultural Gap

As investors prepare to digest the latest round of company earnings figures, Britain's move to scrap the quarterly reporting requirement has revealed a divergence of opinion between the domestic and U.S. investment communities. While British investors endorse what they perceive...

HTC Fourth-Quarter Profit Below Expectations

Taiwanese smartphone maker HTC reported a worse than expected net fourth-quarter profit on Sunday, despite aggressive cost cutting and a one-time gain. The company reported net profit of T$0.3 billion ($10 million), compared to a net loss of T$2.97 billion...

OPINION: THE DEPRIVATION AND COLLUSION IN THE BAN OF FISH IMPORT

Happy new year beautiful people and welcome back to our rendezvous. Permit me to allow fish engage our attention today. It seems the creature is angered by our letting goats, cows chickens and turkeys steal the spotlight as if it...

Boeing Machinists Approve Contract Securing 777X Jet

Boeing's machinists on Friday narrowly approved a crucial labor contract that secured thousands of jobs and billions of dollars of economic activity for Washington state but will cost workers their pensions. The vote of 51 percent to 49 percent to...

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Tinubu Doesn’t Live Large — NRS Boss Fires Back At Critics, Says President Walks To Work, Eats Once Daily, Debunks $279m Fraud Allegation

Describing the allegations as entirely false, Adedeji said they were the handiwork of individuals determined to discredit him and weaken public confidence in the Tinubu administration.
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