
Australian ship crew dumped for foreign workers
Alex Fenn getting ready for his last journey working on the Pioneer as owner Sugar Australia will replace the Australian crew with a foreign workforce. (Credit: ABC) (15 Oct) - It's the end of an era, as the Pioneer bulk sugar carrier heads to Singapore for the last time with an Australian crew and flag. This ship's owner is...

Singapore profiting from Swiss banking secrecy ratline
The Middle East, Monaco, Singapore: Who’s Benefitting From the Swiss Banking Secrecy Ratline? says Ian Allison (Photo: Reuters) I asked a professor of economics from a well-known university in Switzerland where the money leaving his country's coffers might be heading. "I'm not a detective and neither am I psychic," he replied. The...

JPMorgan said to pay US$75K p.m. to Wen Jiabao’s daughter
Wen Ruchun, the daughter of former Chinese Prime Minister Wen Jiabao, who also used the name Lily Chang. (Photo: The New York Times) (15 Oct) - To promote its standing in China, JPMorgan Chase turned to a seemingly obscure consulting firm run by a 32-year-old executive named Lily Chang. Ms Chang’s firm, which received a...
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