Archives
Banks Paid Out Over $100 Bil...
The banks responsible for the 2007 financial crisis have paid out over $100 billion in fines, according to a new report in the Financial Times. The fines were paid out for a variety of pre-crisis “m...
Chinese Banks Stack Banknote...
Chinese banks have fought back against rumours that they have run out of cash by posting banknotes in their windows. Several banks in the eastern Chinese city of Yancheng have stacked thousands of ban...
Chinese Factory Output Conti...
The Chinese economy faces additional roadblocks to sustained growth in the form of a slowing manufacturing sector, according to new data from the HSBC Purchasing Managers Index. The PMI reading for Ma...
Saudi Arabia Increases Maldi...
The Maldives, a tropical archipelago in the Indian Ocean, is attracting an incredible amount of foreign investment from Saudi Arabia. Earlier this year, the Crown Price of Saudi Arabia, Salman bin Abd...