News

Li Kegiang

China August industrial output growth fell

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China August industrial output grew by 6.9% compared to August 2013, and July’s 9% growth on a year earlier. The National Bureau of Statistics...
HSBC

HSBC pays FHFA 550m dollars in settlement

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HSBC pays FHFA 550m dollars to settle claims that it did not adequately reveal the true risks on mortgage bonds it sold to Freddie...

Protect yourself from credit card fraud – advice and precautions

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This article provides an in-depth look at how you can protect yourself from credit fraud with information on what credit card fraud is and...
Fraud

Online banking fraud jumps 71 percent in UK

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In the first six months of 2014, online banking fraud jumped 71% in the UK, says Financial Fraud Action UK (FFA UK), an industry...
The Conference Board

UK Leading Economic Index up slightly in July

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The UK Leading Economic Index (LEI) was up by 0.1% in July, while the Coincident Economic Index (CEI) remained unchanged, says The Conference Board. The...

US August retail sales increase 0.6%

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Lower gasoline prices and a firmer labor market helped push up US August retail sales to $444.4 billion, 0.6% higher than in July, and...
virgin money

Virgin Money appoints Glen Moreno as new chairman

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Virgin Money, which is partly-owned by billionaire investor Richard Branson and is planning an initial public offering (IPO) for next year in the London...
President of Argentina

Argentina defies US court ruling and passes bill

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Argentina defies a US court ruling by passing a bill that will allow the country to make payments locally or in regions outside the...

Russia faces new economic sanctions

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Russia faces new economic sanctions from the European Union (EU) today. The EU has added twenty-four more Russian officials and separatist leaders to its...
EPI

Wage theft in America is a ‘nationwide epidemic’

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Wage theft in America is costing workers as much as $50 billion annually, according to a new Economy Policy Institute (EPI) Report. The authors...