People

Obama urges fast action on immigration overhaul

US President Barack Obama urged the House of Representatives to act quickly on the immigration reform plan.


Xinhua issues finance minister’s corrected statement

The Chinese news agency issued the corrected statement after analysts made speculations about the published report.

Former fund manager in New York pleads guilty of US$2.9 million Ponzi scheme

Jason Konior pleaded guilty of stealing US$2.9 million from investors as part of the 2011-2012 Ponzi scheme.

Biden appeals for US-China trust

US Vice President Biden calls for trust between US and China while pushing for Chinese economic reforms.


Latest News

Jack Lew, US Treasury Secretary, confirmed that Chinese regulators will be handing over documents about US listed companies based in China; a move that may dissolve disagreement about several accounting scandals.
Neptune increased its stake in Acasti Pharma Inc. Neptune Technologies & Bioressources Inc. announced Friday its acquisition of 6,750,000 Class A common shares from Acasti Pharma Inc.
Angela Merkel wanted to push for free trade but told EU allies not to sweep America's secret surveillance under the carpet.
Last Monday, the Indian government said that it would give preference over locally made electronics goods for procurement in the government and private sector.
ECB's executive board member said that the bank's interest rates would remain the same as long as inflation stays moderate.
India's commerce and industry minister, Anand Sharma, said that India was ready to begin talks regarding bilateral investment treaty.
Merrill Lynch offices in New York and Washington D.C. hired advisers from rival, Morgan Stanley. Bank of America Corp's Merrill Lynch hired veteran brokers from its rival, Morgan Stanley Wealth Management.
According to Michael Steinberg's lawyers, his trial might be biased due to the wall-to-wall media coverage.
Prime Minister Shinzo Abe faced a tough test on whether or not permit foreign firms operating in Japan to easily fire out workers after IBM was sued for illegal termination of employees.
According to the Argentine central bank, the Evita bank notes are legal tender. The Argentine central bank said in a statement this week that "The 100-peso bills with the image of Maria Eva Duarte de Peron are legal tender and must be accepted by all retailers and financial institutions.