China News – October 10, 2012: Chinese Finance Chief Skips Japan IMF, World Bank Meetings

| November 19, 2012 | 0 Comments

In today’s NTD China News, China’s Finance Minister and top banking official have missed the IMF and World Bank meetings in Japan. After being labeled a security threat by a US Congressional report, Chinese telecoms gear maker Huawei Technologies may be excluded by the Canadian government over those security risks. Chinese democracy activist Tang Baiqiao […]

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Chief Market Strategist of John Thomas Financial Wayne Kaufman on Nightly Business Report 9/25/12

| October 7, 2012 | 0 Comments

Chief Market Strategist of John Thomas Financial Wayne Kaufman on Nightly Business Report 9/25/12 Video Rating: 0 / 5

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Let the Bundesbank chief resign if he wants to. It’ll be no bad thing

| August 31, 2012 | 0 Comments

In the end, Jackson Hole proved more interesting for what Jens Weidmann, head of the German Bundesbank, had to say – or rather did not say – than Ben Bernanke’s leisurely ramble through the deeper intracies of US monetary policy since the onset of the Great Recession. Anyone hoping for the announcement of a third […]

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‘Nice guy’ Antony Jenkins’ appointment as Barclays chief sounds the death knell for the Masters of the Universe

| August 30, 2012 | 0 Comments

Banking is changing. If proof were needed, look no further than the appointment of Antony Jenkins as Barclays’ new chief executive. Unlike his brash, bonus-bagging, investment banking predecessor Bob Diamond, Jenkins comes from the retail side of the bank. He has never been a pure investment banker. He is softly spoken and understated. Culturally, he […]

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Japan finance chief postpones Seoul visit over spat

| August 17, 2012 | 0 Comments

MARIKANA, South Africa (Reuters) – The police killing of 34 striking platinum miners in the bloodiest security operation since the end of white rule cut to the quick of South Africa’s psyche on Friday, with searching questions asked of its post-apartheid soul. Newspaper headlines screamed “Bloodbath”, “Killing Field” and …

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French finance chief warns against Greek euro exit

| May 22, 2012 | 0 Comments

Greece’s exit from the eurozone risks causing an “unpredictable” spread of the debt crisis, a scenario which France will work to avoid at all cost, French Finance Minister Pierre Moscovici said Tuesday. “Everything must be done to help pro-European and pro-euro forces in Greece,” ahead of repeat elections due next month, Moscovici told AFP, citing […]

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Au revoir to the Aviva chief exec who fell victim to the shareholder spring

| May 9, 2012 | 0 Comments

Aviva chief executive Andrew Moss, who resigned this morning after waiving his 2012 salary increase over concerns about executive pay, will not be the last boardroom casualty of what might be called a “shareholder spring”. Mr Moss may be blameless – and Aviva is certainly a better-run business than many insurers, including offering valuable shareholder […]

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Ball rolls from finance to political court

| April 23, 2012 | 0 Comments

Washington, April 22: Finance minister Pranab Mukherjee today practically washed his hands of the moratorium demand made by chief minister Mamata Banerjee. Wrapping up his visit to Washington for the spring meetings of the World Bank and the International Monetary Fund, Mukherjee said an institutional process was already under way to deal with Mamata’s demand. […]

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Russia's veteran finance chief enters politics

| April 6, 2012 | 0 Comments

AUSTIN, Texas (Reuters) – A senior member of a Mexican drug cartel was sentenced to life in prison in a U.S. court on Thursday after authorities implicated him in more than 1,500 murders, including the 2010 execution of a U.S. consulate employee in northern Mexico. Jose Antonio Acosta Hernandez, 34, pleaded guilty to 11 …

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Why RBS chief executive’s bonus decision should be followed by most FTSE 100 directors

| February 2, 2012 | 0 Comments

Royal Bank of Scotland (RBS) chief executive Stephen Hester’s decision to give up his £1m bonus should be followed by thousands of other City fat cats who have filled their pockets while millions of shareholders suffered shocking capital losses over the last decade. Taxpayer ownership of 83pc of RBS raised public awareness of rewards for […]

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