World economy
Hong Kong’s central banks warns against investing in virtual currencies
10 Feb 2015
The abrupt closure of MyCoin makes it the biggest virtual currency scandal after last year's bankruptcy at Tokyo-based Mt.Gox
Black money: HSBC admits ‘failures’ by its Swiss arm
09 Feb 2015
Reports said the clients of HSBC’s Swiss unit included politicians, actors, rock stars and individuals with ties to arms dealers and dealers of ‘blood diamonds’ or ‘conflict diamonds’
HSBC helped UK’s rich to dodge tax: report
09 Feb 2015
Investigations by the UK tax office HMRC have helped recover some £135 million in unpaid tax, interest and penalties from the UK citizens involved, say reports
China blasts Obama, US for officially hosting Dalai Lama
06 Feb 2015
China today cautioned foreign countries against hosting the Dalai Lama, a day after US President Barack Obama and the exiled Tibetan spiritual leader appeared together in public for the first time
Global cancer cases to rise 70% in next 20 years: WHO
05 Feb 2015
World Health Organisation says 14 million new cancer cases are detected and over eight million people die from cancer annually, with 60 per cent of these deaths in Africa, Asia, Central and South America
Global cancer cases to rise 70% in next 20 years: WHO
05 Feb 2015
World Health Organisation says 14 million new cancer cases are detected and over eight million people die from cancer annually, with 60 per cent of these deaths in Africa, Asia, Central and South America
China, Russia back India for UN Security Council, APEC
03 Feb 2015
While China has so far been against India playing a greater role in the UN, the joint communiqué for the first time supports India’s entry into the Council
Obama’s $4 trillion budget eyes $270 billion in overseas tax earnings
03 Feb 2015
US President Barack Obama’s $4 trillion budget proposes a 19-per cent tax on US companies’ overseas earnings, which is estimated to bring in about $270 billion annually over the next 10 years
Peshawar mayhem: Pakistan starts arming, training frontier teachers
03 Feb 2015
As a part of the extraordinary security measures clamped in the aftermath of the brazen Taliban assault on Peshawar's Army Public School, teachers with firearm licenses have been allowed to carry guns in the schools
Asian shares retreat on downbeat China data
02 Feb 2015
Russian economy to shrink 3% in 2015: economy minister
02 Feb 2015
Russia, the world’s eighth-largest economy, is likely to contract 3 per cent this year, embracing its first recession since the 2009 global financial crisis on the back of plunging oil revenues and western sanctions
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