Workers head to work at Singapore's central business district on August 23, 2011

Singapore to tighten rules on hiring of foreigners

Monday, September 23, 2013

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Singapore Monday announced tighter rules on the hiring of foreign professional workers, saying companies will from next year have to show proof they first tried to recruit local citizens.

JPMorgan faces new energy-related probe: WSJ

Tue, Aug 20, 2013

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The headquarters of JPMorgan Chase bank, pictured in midtown Manhattan in New York, on July 13, 2012

US authorities are probing whether banking giant JPMorgan Chase manipulated US energy markets, the Wall Street Journal reported.

Asian markets mixed after Wall St losses

Mon, Aug 19, 2013

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People walk past a quotation board flashing the Nikkei index in Tokyo on August 15, 2013

Asian markets were mixed Monday following a weak lead from Wall Street as traders erred on the side of caution on expectations the US Federal Reserve will soon begin reeling in its stimulus programme.

Why Printer Ink is More Expensive than Champagne

Wed, Aug 7, 2013

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It has recently revealed that, per litre, ink is more expensive than Champagne, and while that is undeniably true, it also seems that modern ink cartridges are now holding less and less ink than their counterparts did 10 years ago. It is well known that you can still buy cheap printer toner online, however you […]

Bank of America may face civil charges

Fri, Aug 2, 2013

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Bank of America may face civil charges over its actions during the financial crisis related to its mortgage products

Bank of America may face civil charges over its actions during the financial crisis related to its mortgage products, the bank said in a filing to a US regulatory agency.

Losses narrow at bailed out Allied Irish Banks

Thu, Aug 1, 2013

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A sign outside AIB headquarters in Dublin on November 21, 2010

Allied Irish Banks, rescued during the financial crisis, said on Thursday that its losses after tax narrowed by almost a third in the first six months of 2013 compared with the outcome a year earlier.

SocGen bank shares jump as profit doubles

Thu, Aug 1, 2013

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A Societe Generale logo at a branch in  Montpellier, France on March 27, 2013

French banking giant Societe Generale said Thursday it more than doubled its net profits in the second quarter, pushing its shares up by nearly 6.0 percent.

UK state-rescued Lloyds Bank returns to profit

Thu, Aug 1, 2013

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A man leaves a branch of Lloyds TSB bank in central London on March 1, 2013

Britain’s state-rescued Lloyds Banking Group on Thursday announced a return to first-half net profits as the government looks to return the lender to the private sector.

Deutsche Bank says profits halved

Tue, Jul 30, 2013

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Deutsche Bank said its net profits were halved in the second quarter, as it made massive provisions to meet litigation

Deutsche Bank, Germany’s biggest bank, said on Tuesday its net profits were halved in the second quarter, as it made massive provisions to meet litigation costs.

China ‘orders audit of government debt’

Sun, Jul 28, 2013

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A Chinese commuter rides past 'Chinese Dream' billboards in the Central Business District in Beijing on July 26, 2013

China has called for an audit of all government debt, the national auditor announced Sunday, as concerns grow over official liabilities in the world’s second-largest economy.

S&P cuts Iceland outlook to negative on debt plan

Fri, Jul 26, 2013

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An aerial view of Reykjavik apartment buildings and office blocks on October 10, 2008

Standard & Poor’s revised the outlook for Iceland’s long-term credit rating to negative from stable on Friday, advising the government against pursuing a plan for massive mortgage relief.

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