Letter to Editor: Government needs credible ‘medium-term’ plan
By: John McLean and Truman Bodden 11 March, 2014 A medium-term strategic plan similar to the comprehensive 10-year “Vision 2008” plan covering all government portfolios, departments and statutory authorities is needed again so that the public can know where the…
Warburton to Newsmax TV: Central banks may get involved with digital currencies soon
By Dan Weil From Moneynews Central banks may well enter the digital currency space before long, says Peter Warburton, director of U.K.-based Economic Perspectives, an economic consulting firm. “They must realize that challenges like bitcoin will just keep on coming,…
Why Chinese ADRs plunged?
By Mena Callahan From Emerging Markets E Commerce China Dangdang Inc, 58.com, Concord Medical Services Hldg Ltd, Sky-mobi Ltd, Qunar Cayman Islands Ltd, Perfect World Co., Ltd. Dot Hill Systems Corp. (NASDAQ:HILL) fell 12.80% on Monday, extending declines after providing…
Buffett warns of pension crisis for decade
By Todd Beamon From Newsmax Billionaire investor Warren Buffett warned on Saturday that the growing crisis in public pension plans will continue — with “a lot” of more bad news to come. “Local and state financial problems are accelerating, in…
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Webb urges business leaders to invest in youth and sports
CONCACAF President tells conference sports is a tool for growth and social change GEORGE TOWN, Cayman Islands (Thursday, February 20, 2014) — FIFA Vice President and CONCACAF President Jeffrey Webb urged business leaders to invest in youth and sports during…
Chinese banknotes stamped with QR codes breach great firewall
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…
China’s elite caught storing riches in Caribbean offshore haven
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…
HMRC looks to extend its reach to Cayman Islands
By Fiona Nicolson From FT Adviser HM Revenue & Customs has sent out another batch of ‘enabling’ letters to Cayman Island bank accounts holders in the UK to warn them about tax evasion. Sean Wakeman, tax investigations partner for tax,…
Stock Analyst Sozzi: Sears could disappear by 2017
By Dan Weil From MoneyNews Sears may go out of business by 2017, Brian Sozzi, CEO and chief equity analyst of stock research firm Belus Capital Advisors, concluded after an extremely negative earnings forecast from the retailer Thursday. It predicted…
Ctrip plunges with Qunar amid price war concern: China overnight
By Ye Xie January 09, 2014 From Bloomberg Business Week Ctrip.com International Ltd. (CTRP:US) and Qunar Cayman Islands Ltd. tumbled, pacing losses in Chinese stocks traded in New York, amid concern an increase in online travel discounts will erode profits. The…
