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Day: June 13, 2012

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Many Chinese companies incorporated in the Cayman Islands hide behind the Great Wall affecting SEC fraud probes

It appears to be dawning on officials at the U.S. Securities and Exchange Commission (SEC) that cooperative, cross-border financial investigations are completely foreign to China. Washington’s regulators have been trying since late 2010 to gather information that could help them…

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Investors’ fears fan flames of Spanish debt crisis

Spanish ten-year government bond yields soared to 6.81 per cent, the highest since 1999 and close to the seven per cent that forced bailout requests from Greece, Ireland and Portugal. Investors are worried how Spain, which has the eurozone’s fourth-largest…

“CJ” Guilty of murder

Justice Alex Henderson found 19 year old Chakane Jamelle “CJ” Scott guilty of shooting his friend 21-year-old Asher McGaw in East End in the early hours of 22nd September. The body of Asher McGaw was discovered by police on routine patrol…