International confidence in US economy ‘crumbling’ after Snowden leaks
27 Jun What's interesting is that Edward Snowden worked for Booz Allen. Booz Allen allegedly along with a few other companies are the masterminds behind LIBOR market rigging, energy market rigging, FOREX market rigging. And if you have advanced knowledge of that inside information you can make billions of dollars of front-running,...
Democracy push as Hong Kong marks handover
Hong Kong protesters urge leader to resign (6 July) Tens of thousands of pro-democracy protesters march in semi-autonomous Chinese territory denouncing its leaders. Tens of thousands of protesters have marched in Hong Kong to denounce the city's leaders and demand universal suffrage as the region marked 16 years since its...
KL fights high household debt
(6 July) - Malaysia's central bank has imposed maximum terms for mortgages and personal loans, joining Singapore in moving to limit risks from rising household debt. Curbing excessive household debt Household indebtedness levels have been increasing at an average of 12% a year for the past five years, Bank Negara Malaysia said...
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