PBOC's Yi Pledges More Open Financial Sector

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PBOC's Yi Pledges More Open Financial Sector

People's Bank of China Governor Yi Gang said the nation will further ease access to its financial sector and coordinate the opening with currency reforms. China will open the capital account in an “orderly” way and improve the yuan's convertibility, the newly-appointed central bank governor said Sunday
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Dissatisfied McDonald's customer attacked golden arches, police say

A man in Oregon reportedly tried to destroy the golden arches of a McDonald's after his order was denied. (Reuters). A McDonald's customer in Oregon tried to destroy the restaurant's famed golden arches earlier this month after employees refused to …
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Italian Populists Sideline Mainstream as They Vie for Premiership

After outmaneuvering establishment parties to emerge as lead negotiators in Italy's search for a new government, the populist pair Luigi Di Maio and Matteo Salvini seek to win enough support this week to justify their rival claims for the premiership. Di Maio of the Five Star Movement and Salvini of the
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A $250 Million Jackpot Shows Iceland Is Deepening Its China Ties

A tiny north European island known best for icebergs, geysers and volcanoes is helping China fight pollution. Iceland just signed the biggest deal in its history to provide the world's second-largest economy with the technology it needs to deliver clean, geothermal heat. The agreement affects up to 15
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SEBI Plans To Come Out With New Buyback Rules

The Securities and Exchange Board of India is considering to come out with new norms on share buybacks, under which the maximum limit for share repurchase will be 25 percent of the company's paid up capital and other reserves. The company may buy back its shares and other securities from the
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