Rebuild fiscal buffers, Latin American and Caribbean nations told
By Judith Ugwumadu From Public Finance International Latin America and the Caribbean governments need to shore up their fiscal reserves to guard against risks from other parts of the world, the Inter-American Development Bank has warned. Its 2014 Latin American…
Bitcoin slips in the wake of the IRS’s tax decision
By Alex Wilhelm From techcrunch Earlier this week, the IRS decided that Bitcoin is property, not currency, setting in place a regulatory structure that could see users of the cryptocurrency forced to keep price score in a rapidly shifting market….
Copper price falls on Chinese concerns
By Jamie Robertson Presenter, BBC World News It’s called Doctor Copper because you are meant to be able to tell the health of the global economy from the way it behaves. And at the moment copper is looking pretty sick….
Why Russia won’t tank the U.S. Treasury Market
By Catherine L. Mann from Bloomberg The standoff between the U.S. and Russia over Ukraine has sparked renewed interest in a troubling question: Do the U.S. government’s vast debts to foreign nations present a threat to its national security? The…
Is the Caribbean Diaspora a real source for investment?
CaribPR Wire, NEW YORK, NY, Mon. Mar. 31, 2014: Nationals from the Caribbean region and those of Caribbean heritage living outside the region number millions even though there is no accurate count of the total number. There’s no better demonstration…
Caribbean could put climate polluters in the dock says former diplomat
By Desmond Brown, From Caribbean360 BRIDGETOWN, Barbados, Monday March 24, 2014, IPS – Can Caribbean governments take legal action against other countries that they believe are warming the planet with devastating consequences? A former regional diplomat argues the answer is…
Chinese Consumers: Doing It Their Way
The Economist From Business Insider The market is growing furiously, but getting tougher for foreign firms In the heart of old Shanghai is a magnificent villa that serves as the workplace of Guo Jingming, a provocative young film-maker. “Tiny Times”,…
China’s tech giants eye Wall Street [Sina based in Cayman ‘infamous for its loose financial regulations’]
From gnomes national news service Several China-based tech giants seek to follow Silicon Valley’s example and cash-in on Wall Street as Sina Weibo, a social media site resembling Twitter, has filed for an initial public offering in the U.S., while…
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…
WuXi PharmaTech purchases an Illumina HiSeq X Ten Sequencing System
SAN DIEGO and SHANGHAI, March 10, 2014 /PRNewswire/ — Illumina, Inc. ILMN -2.05% and WuXi PharmaTech (Cayman) Inc. WX -0.89% , a leading pharmaceutical, biotechnology and medical device R&D outsourcing company with operations in China and the United States, today…