China hits back at new US sanctions over Iran Beijing reacted furiously Wednesday to new US sanctions imposed on a Chinese bank over transactions with Iran, urging Washington to revoke them and saying it would lodge an official protest.
01 August 2012
Asian markets rise again on stimulus hopes Asian markets were generally higher Tuesday, their third consecutive positive session, amid continued hopes for new stimulus measures by European and US central banks.
31 July 2012
HSBC shares dive in Hong Kong after apology Shares in global banking giant HSBC fell more than two percent in Hong Kong on Wednesday after a top executive resigned over the lender's failure to control money laundering and terrorist financing.
19 July 2012
HSBC seeks to evict Hong Kong 'Occupy' protesters Global banking giant HSBC on Monday sought legal permission to evict a handful of protesters camped outside its Hong Kong headquarters, one of the last remnants of the "Occupy" movement in Asia.
16 July 2012
South Korea unexpectedly cuts key interest rate South Korea's central bank unexpectedly cut its key interest rate Thursday for the first time in more than three years, joining international moves to ease the impact of the eurozone debt crisis.
13 July 2012
Barclays chairman resigns over rate rigging scandal Barclays chairman Marcus Agius resigned on Monday, saying suspected manipulation of inter-bank lending rates by staff had "dealt a devastating blow" to the reputation of the British banking giant.
Furious Spanish investors seek Bankia scalps Furious pensioners who lost savings through investments in ruined lender Bankia booed its managers Friday, branding them thieves, at the first shareholders' meeting since the bank's huge rescue.
International nuclear fuel bank may be launched in Kazakhstan in summer 2013Prep works are under way at the Ulba metallurgical plant [engaged in production of hi-tech uranium, beryllium and tantalum products for the needs of the nuclear power industry] to host the bank: Head of the State Agency for Nuclear Power Industry.
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