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  • Italian watchdog says Vatican Bank has improved Italian watchdog says Vatican Bank has improved

    The Vatican Bank has been the subject of a 10 page report from its newly formed financial watchdog agency. The report has revealed that there were some attempts last year to use the bank to launder money. In 2012 there were six suspicious transaction reports, two of which were passed on to Vatican prosecutors for investigation. Autorita Informazione Finanziaria, the watchdog, was ...

  • Zurich Insurance eyes Saudi market

    Zurich Insurance Group, Switizerland's biggest insurance firm, is seeking to enter the Saudi Arabian market as it looks to take advantage of growth in the world's biggest oil exporter, Bloomberg ...

  • Qld to be in debt longer treasurer says

    THE Queensland government has denied being hypocritical by breaking an election promise to reach a fiscal surplus in two years' time. Treasurer Tim Nicholls says the government can no longer honour its commitment to reach surplus by 2014/15 and will instead do so a year later in 2015/16. Mr Nicholls says the government had already had to write down revenues over the past 18 months by $4.8 ...

  • Good sites to track the latest financial news

    If you can’t grab a glimpse of the latest market action on a television during a hectic day, you might turn to the Web for up-to-the-minute business-news updates. Many financial-news websites cover everything from the latest stock quotes and market reports to investor tools. Here are a few ...

  • Japans central bank chief upbeat on monetary easing

    (MENAFN - Kuwait News Agency (KUNA)) Bank of Japan (BOJ) new Governor Haruhiko Kuroda on Friday expressed confidence with effects of the central bank's drastic monetary easing to end the country's deflation that has lasted for nearly 15 years."What's most important is that the effect of our monetary easing creates a positive cycle of output, income and spending in the ...

Movie Review

Heist

Writer/director David Mamet doesn't waste any time getting down to it in his new twisty crime-thriller Heist. Within the first two minutes we are right in the middle of an elaborate robbery of a jewelry store that involves a team of four working together, creating distractions, drugging the employees' coffee, breaking into the store. It's all set to a jaunty, rhythmic musical score that's ... ...

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  • Co-op in disarray as finance chief Steve Humes quits

    The finance boss of the Co-operative Group has been forced to resign from the funerals-to-supermarkets group as its banking division lurches from crisis to crisis, leaving 6.5 million customers fretting over their ...

  • UKs problem isnt the financial sector – its Londons dominance

    Britain is a structurally unbalanced economy. The City is too big. The productive base is too small. The International Monetary Fund says so. The Bank of England says so. The government says so.Less remarked upon is the UK's geographical economic imbalance. This is even more pronounced than the imbalance between a dominant financial sector and a struggling manufacturing sector, as shown by ...

  • Excerpts Egypt Central Bank exceptional $ auction. Abbas hails

    Excerpts: Egypt Central Bank exceptional $ auction. Abbas hails Kerry's efforts. Erdogan blames Syria for bombings.Failed Syria cyber attack on Haifa water.Israel re Syria border clashes. Hizbullah backs Assad troops in airport fighting May 25, 2013 +++SOURCE: Egypt Daily News 25 ...

  • IIROC Trading Resumption - AL

    May 24, 2013 /CNW/ - Trading resumes in: Company: ALITA RESOURCES LTD. TSX-Venture Symbol: AL Resumption: Effective at the ...

  • GOP Sen. Inhofe urges donations to Oklahoma tornado relief

    James Inhofe , R-Okla., used Saturday's Republican radio address to urge Americans to donate to relief funds for tornado victims in his state. Inhofe said the state was pulling together to help fellow Oklahomans who were in the path of a fierce tornado that roared through the city of Moore Monday. Inhofe said he had "seen people from all corners of the state" rushing in to help ...

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