International
Death Toll Possibly Over 30 in Japan Volcano Eruption
More than 30 people may be dead in a volcanic eruption in central Japan, the nation's second natural disaster in the past month. Smoke and ash billowed from Mt. Ontake throughout the day yesterday as ...
Africa to Issue Climate Change Bonds in 2016; Structure Similar to Cat Bonds
Global warming in Africa may soon move bond markets. In 2016, the first climate change bonds will be issued from Africa— unique instruments that will enable the world's poorest continent to tap ...
PIMCO’s Gross Exit, Fireman’s Fund Struggles Challenge Allianz Leaders
German insurer Allianz suffered a humiliating blow on Friday with the resignation of renowned investor Bill Gross as leader of PIMCO, the asset manager Allianz relies on for one fourth of its ...
IRS Warns of FATCA-Related Phishing Scams
The Internal Revenue Service is warning that "scam artists" posing as members of the agency are using phone calls and faxes in an attempt to steal financial and account holder information from ...
New ‘Shellshock’ Computer Bug Already Drawing Hacker Attention
Hackers have begun exploiting the newly identified "Shellshock" computer bug, using fast-moving worm viruses to scan for vulnerable systems and then infect them, researchers warned on Thursday. ...
Lloyd’s of London’s Investment Returns Match Headier Days
Lloyd's of London more than doubled investment income in the first half of the year as the world's oldest insurance market benefited from its holdings in U.S. corporate debt. Lloyd's reported ...
London Is Priciest City to Employ Staff
London surpassed Hong Kong as the world's most expensive city for companies to locate employees after rents climbed and the pound appreciated against the dollar. London real estate costs, which ...
U.S. Treasury Secretary Says Combating Climate Change Will Strengthen Economy
Making investments in combating climate change will make the U.S. economy stronger and create tens of thousands of jobs, U.S. Treasury Secretary Jacob J. Lew said. "The need for action is clear," Lew ...