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News & Updates

October 29, 2014 World Bank urges China to cut 2015 growth to 7%, focus on reforms

Source: The Star Online

BEIJING: China can cut its economic growth target to 7% next year without hurting its labour market, the World Bank said on Wednesday as it urged Beijing to get rid of rigid growth objectives.

October 29, 2014 US sues AT&T over alleged 'data throttling' on phone plans

Source: Reuters

The U.S. government sued AT&T Inc (T.N) on Tuesday, alleging the No. 2 U.S. wireless carrier sold consumers unlimited data plans but would reduce their Internet speeds once they exceeded a certain amount of data.

October 29, 2014 U.S. attorney general says banks may face criminal cases soon

Yahoo Finance - WASHINGTON (Reuters) - The U.S. Justice Department is pursuing criminal investigations of financial institutions that could result in action in the coming weeks and months, U.S. Attorney General Eric Holder said...

October 29, 2014 Fed is expected to signal no rate hikes imminent

Source: Washington Post

The global economy has stumbled, and financial markets have endured some stomach-churning moments. But that doesn’t mean the Federal Reserve plans any major policy shifts.

October 29, 2014 New Tax Rules Won’t Stop Pfizer From Bidding U.S. Goodbye

Source: BloombergBusinessweek

The U.S. attempt to block companies from leaving the country for tax reasons wouldn’t stop Pfizer Inc. (PFE:US) from moving America’s biggest drugmaker overseas if it finds an attractive deal, Chief Executive Officer Ian Read...

October 29, 2014 It’s time the Government adopted proper private sector accounting rules

Source: The Telegraph

The Government continues to make fiscally disastrous promises with abandon, undisciplined by basic accounting practices

October 29, 2014 U.S. EPA seeks more input on sweeping power plant rule

Source: Reuters

U.S. regulators said on Tuesday they wanted more input on elements of a sweeping plan to reduce pollution from power plants and about the role natural gas can play to achieve emissions cuts.

October 29, 2014 Hurricane Sandy Anniversary: Five Ambitious Plans For Protecting New York City From Future Superstorms And Climate Change

Source: International Business Times

New York City has always been especially vulnerable to coastal flooding and storm surge, given its 520 miles of coastline and steadily rising sea levels. But it wasn't until Hurricane Sandy lashed the U.S. Northeast on Oct. 29,...

October 29, 2014 Reaction Mixed on WTO's Country of Origin Labeling Ruling

Farm Futures - Ag groups Monday offered mixed reaction on the îWorld Trade Organizationî's ruling on Country of Origin Labeling which found the rule to be in violation of technical barriers to trade. The rule requires...

October 28, 2014 Beijing Tells Its Residents to Leave Town Ahead of APEC

Source: Bloomberg

China’s desire that blue skies and traffic-free streets greet world leaders at a summit in Beijing next week -- after air pollution in the capital reached hazardous levels at least 10 days so far this month -- is prompting the...

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