Showing 1 - 6 of 6
Capital controls sends Argentina assets tumbling
Associated Press, Published on 02/09/2019
» LONDON/BUENOS AIRES: Argentina's international dollar and euro-denominated bonds fell to record lows on Monday while its financial stocks tumbled and risk premiums shot up after President Mauricio Macri reimposed capital controls on Sunday as the country's debt crisis spirals.
Investors flee once-popular emerging markets
Associated Press, Published on 02/09/2015
» NEW YORK: If you think investors in US stocks have had it rough, consider the hapless folks who followed Wall Street’s advice to buy emerging-market stocks.
HSBC to cut 25,000 jobs, shift focus to Asia
Associated Press, Published on 09/06/2015
» LONDON — HSBC Holdings, Britain's largest bank by market value, will cut between 22,000 and 25,000 jobs around the world in an attempt to reduce costs and shift its centre of gravity back toward fast-growing Asian economies.
Highest-paid CEOs work in the media
Business, Associated Press, Published on 28/05/2015
» NEW YORK: They're not Hollywood stars, they're not TV personalities and they don't play in a rock band, but their pay packages are in the same league.
UN: N. Korea shipper renamed vessels
Associated Press, Published on 26/02/2015
» UNITED NATIONS — A North Korean shipping company that famously tried to hide fighter jets under a cargo of sugar later sought to evade UN sanctions by renaming most of its vessels, a new report says.
Asia behind USA in wealth list
Associated Press, Published on 25/09/2013
» Some 300,000 people joined Asia's millionaire ranks last year, according to a world wealth report released Wednesday, which also found that the region slipped behind a rebounding North America.