October 13, 2019

Chinese banknotes stamped with QR codes breach great firewall

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By Alex Magdaleno From Mashable Centuries of invaders couldn’t break the Great Wall of China, but a Chinese yuan can. Well, the “Great Firewall,” at least. A series of one yuan banknotes became a whole lot more valuable after being stamped with a quick response (QR) code — a type of matrix barcode that, when […]

Apple’s iPhone sales, revenue outlook disappoint Wall Street as shares plunge

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From Moneynews Apple Inc. missed Wall Street’s lofty target for iPhone sales over the crucial holiday shopping season and offered a weaker-than-expected forecast for this quarter, sending its shares down 8 percent on Monday. The world’s most valuable technology company sold a record 51 million iPhones in the quarter, but that was shy of the […]

iNews Briefs

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Father and son sentenced on bank fraud, money laundering [Cayman] charges By Tom McLaughlin, Northwest Florida Daily News, Fort Walton Beach Jan. 24 –Former Destin residents Gary Wayne Thomas and his son Brian Keith Thomas will serve federal prison sentences for bank fraud and money laundering, a U.S. Attorney’s Office has announced. Gary Thomas and […]

NOT GOOD: Chinese Manufacturing Unexpectedly Contracts

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By SAM RO  From Business Insider China’s HSBC Flash Manufacturing PMI fell to a six-month low of 49.6 in January. This compares to a 50.5 in December. This was worse than the 50.3 economists were expecting. And any reading below 50 signals contraction. This is a preliminary reading. The final numbers will be released on […]

China’s elite caught storing riches in Caribbean offshore haven

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Posted by sage From Golden Age of Gai By James Ball, The Guardian Relatives of political leaders including China’s current president and former premier named in trove of leaked documents from the British Virgin Islands. More than a dozen family members of China’s top political and military leaders are making use of offshore companies based […]

The CIA’s 1971 secret report on the Senkaku Islands dispute

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From Tofugu Tensions have started flaring up again in regards to the Senkaku Islands, though to be honest that’s been going on for a while now. I brought the islands up in my “Where is Japan?” post, quite a while back and John wrote a good overview of the whole situation. But a lot has […]

Britain’s Jaguar Land Rover taps global markets for record sales

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By Tommy Wilkes Reuters From Daily Press LONDON (Reuters) – British luxury car manufacturer Jaguar Land Rover sold a record volume of vehicles last year, when rising demand in markets such as Brazil, China, India and the United States helped it boost sales by sales by 19 percent. The strong performance highlights the resurgence of […]

17 examples of gorgeous stained glass windows

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From Designer Daily No need to be an art expert or a religious person to be a stained glass windows enthusiast. The game of light and the complicated designs make it much more spectacular than your average artwork. In this post I try to share some beautiful stained glass windows, the list is not comprehensive […]

China buys more GM cars than US; Best States for 2014 job growth

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From newsmax Headlines (Scroll down for complete stories): 1. U.S. Fertility Rate Hits All-Time Low 2. North Dakota, Arizona Best for Job Growth in ’14 3. Christian Pastor Freed in Iran After Christmas Arrest 4. Israel Naming Anti-Missile Facility for Sen. Inouye 5. U.S. Ranks Low for Traffic Congestion 6. China Buying More GM Cars […]

Appleby’s Insider report reveals continued expansion of CLO market

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Appleby has published its second report on collateralised loan obligations (CLO). The law firm’s CLO Insider report, which provides data, insight and analysis on the CLO market, focused on the second half of 2013. It reveals that the total number of US-based CLO deals in 2013 was up 56 per cent when compared with 2012. […]