Recent Posts

Canada to force firms to report cyber attacks, remove risky gear

  Bloomberg Canada plans to require companies to share cyber threat information and to remove any product or service that could pose security risks. Industry Minister Francois-Philippe Champagne and Public Safety Minister Marco Mendicino introduced a bill Tuesday titled an “Act Respecting Cyber Security” that will apply to four federally-regulated infrastructure sectors including telecommunications, transport, finance and energy. The bill ...

Read More »

HSBC may unlock $26.5bn in Asia spin-off, says report

  Bloomberg A break up of HSBC Holdings Plc’s Asian unit could unlock $26.5 billion, or about a fifth of its current market value, according to research that could support a push from its largest shareholder to overhaul the bank. Two other scenarios that could benefit shareholders are for HSBC to spin off the Asian business or just its Hong ...

Read More »

Japanese yen tumbles to lowest since 1998

  Bloomberg The yen falls to a 24-year low and Japanese bonds tumbled, prompting a warning from the Bank of Japan (BOJ) as its easy monetary policy increasingly feels strain of rising interest rates globally. The currency falls more than 0.5% to 135.19 per dollar, the lowest since October 1998, as Treasury yields extended inflation-shock driven gains and the Bank ...

Read More »
Send this to a friend