Author : EW News Desk Team

The money-laundering allegations brought against British bank Standard Chartered have led to suspicions of a political conspiracy. According to a report by Reuters, several political observers and bank executives...

Authorities in the Cayman Islands have backed down from plans to impose a direct income tax on foreign workers earning more than $43,200 a year, reported Reuters on Wednesday,...

Residents in China’s Huaxi village, located in the east of Jiangsu province, will now be able to enjoy free helicopter rides around their region, reported the China Daily on...

Promoting financial literacy among citizens can help improve the financial health of individuals as well as stabilize the national economy, said Federal Reserve Chairman Ben Bernanke. Speaking at a...

Green growth has been touted as the economic and environmentally sustainable way forward. However inclusive green growth is, according to the World Bank, the only way to reconcile rapid...

Federal Reserve Chairman Ben Bernanke has called for compassion for the average American, arguing that economic indicators fail to reflect the suffering of individual citizens. US unemployment in July...

Cuba is unlikely to attain energy independence anytime over the next five years, said energy experts on Monday, after the nation’s latest attempt to drill for oil offshore proved...

Standard Chartered plc may be suspended from doing business on Wall Street indefinitely, reported the New York Times on Monday, after New York’s top banking regulator, the New York...

With most of the second-quarter central bank meetings and bank results reporting concluded, we are looking at a relatively slow week ahead. However, markets will be watching Spanish and...

From celebrities to companies to even countries, spectacular bankruptcies have often intrigued and astounded the public due to the massive amounts of money lost and the sometimes mind-boggling circumstances...