Recent Posts

‘Zombie banks’ give Ukraine nightmares

  Kiev / AFP Ukraine’s central bank keeps trying to shut them down but they keep surviving: ‘zombie banks’ are roiling the impoverished country’s financial system through the help of allegedly crooked courts. The former Soviet republic — labelled the continent’s most corrupt state by the European Court of Auditors on Wednesday — needs financial aid from the International Monetary ...

Read More »

Weak lira could knock Turkish bank off targets

  ANKARA / Reuters Weakness in the Turkish lira could start to drive up prices and knock the central bank off its targets in the first quarter of next year, but the impact will depend on the pace of economic activity, Governor Murat Cetinkaya said. At a news conference on the central bank’s monetary and exchange rate policy for 2017, ...

Read More »

Sony announces new games, controller for smartphones

  Bloomberg Sony Corp. is stepping up efforts to gain a foothold in mobile gaming. It has announced 11 new mobile titles and unveiled Project Field, a thin, lightweight device the size of a kitchen cutting board that connects to real-world objects so they can be used for controlling games on smartphones and tablets. “We believe this is a brand ...

Read More »
Send this to a friend