Cyber attacks on US businesses, banks mounting
Investigators were digging to find who initiated and what was taken in an apparent hacker effort this month to penetrate the systems of US banks.
Moscow threatens US retaliation over blocked funds transfer
Moscow on Wednesday threatened retaliatory action against US diplomats after US bank JP Morgan blocked a transfer of funds carried out by a Russian envoy.
Chinese leaders' kin stash riches in offshore holdings: probe
Relatives of top Chinese leaders including President Xi Jinping and former premier Wen Jiabao have used offshore tax havens to hide their wealth.
Japan OKs record budget, sees deflation threat recede
Japan approved its biggest ever budget Tuesday, as an improving economy and a sales tax hike made room for more defence spending and the first step towards achieving a balanced budget.
JPMorgan to pay investors $4.5bn over mortgage bonds
JPMorgan Chase said Friday it had reached a deal with 21 institutional investors to pay $4.5 billion for losses on mortgage securities it and Bear Stearns sold before the financial crisis.
JPMorgan to pay $5.1 bn to settle Fannie, Freddie claims
JPMorgan Chase will pay $5.1 billion to settle charges it overstated the quality of mortgages and mortgage-backed securities sold to Freddie Mac and Fannie Mae.
