Wall Street banks have found a U.S. review of their junk-rated loans to have yielded similar results to last year, easing some concern among bankers about a crackdown on one of their most lucrative businesses.
Legal & Regulatory
When companies flee U.S. tax system, investors often don't reap big returns
Establishing a tax domicile abroad to avoid U.S. taxes is a hot strategy in corporate America, but many companies that have done such "inversion" deals have failed to produce above-average returns for investors, a Reuters analysis has found.
Web of lies: How a Spanish tech star fooled the world
For nearly 10 years, Spanish internet company Let's Gowex SA said it was making money by providing public wi-fi in cities around the world. Most of the contracts, it now emerges, never existed.
Spy agencies hit in cyber espionage campaign: Kaspersky Lab
Security researchers at Kaspersky Lab said they have uncovered a cyber espionage operation that successfully penetrated two spy agencies and hundreds of government and military targets in Europe and the Middle East since the beginning of this year.
China tells South Korea it blocked KakaoTalk, Line to fight terrorism
Chinese authorities say they have blocked messaging apps KakaoTalk and Line as part of efforts to fight terrorism,South Korea said on Thursday, the first official explanation of service disruptions in China that began a month ago.
Latest News
Argentina's Cabinet chief Jorge Capitanich said on Friday the government held no positive expectations for a court hearing in New York later in the day that will discuss the South American country's debt default.
Argentina defaulted for the second time in 12 years after last-ditch talks with what it called "vulture" creditors failed, though debt insurance prices on Thursday suggested investors believed a deal could eventually be reached.
The United States said on Thursday it was hopeful that differences between India and much of the rest of the world over a major trade agreement could be resolved in time, with only hours remaining before the deal has to be signed.
Argentina faced a race against on time on Wednesday to avert its second default in 12 years, needing to either cut a deal by the end of the day with "holdout" investors suing it or win more time from a U.S. court to reach a settlement.
A Chinese regulator said on Tuesday it is conducting an anti-monopoly investigation into Microsoft Corp (MSFT.O) because the firm has not fully disclosed information about its Windows operating system and Microsoft Office software.
Personal data including text messages, contact lists and photos can be extracted from iPhones through previously unpublicized techniques by Apple Inc employees, the company acknowledged this week.
The euro was stuck near its lowest level since November and Russian shares tumbled for a third straight day on Monday as new European sanctions for Moscow chilled the already frosty relationship between the two.
President Barack Obama could act without congressional approval to limit a key incentive for U.S. corporations to move their tax domiciles abroad in so-called "inversion" deals, a former senior U.S. Treasury Department official said on Monday.
Argentina looks set to default on its debt for the second time in 12 years next Thursday as negotiations with "holdout" investors seemingly go nowhere and neither side shows signs of blinking first, though a last minute deal can't be discounted.
