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Hong Kong And China's Touchy Ties
“The Hong Kong Special Administrative Region is an inalienable part of the People`s Republic of China.” ~ Article 1, Basic Law The delineation of the relationship between mainland China and Hong Kong is complex. Hong Kong, a province of China since olden times, was occupied by British after the Opium War, and in 1898 was  leased out (along with ...
ICAP says not under investigation in FX market probe
LONDON (Reuters) - ICAP <IAP.L>, the world`s largest interdealer broker, said on Wednesday it is not being investigated as part of a global probe into allegations of manipulation in the $5.3 trillion-a-day currency market. Six banks were fined a total $4.3 billion by U.S. and UK regulators on Nov.12 for failing to stop their traders from tr...
Goldman Sachs FX trader suspended over rate rigging probe: WSJ
(Reuters) - Goldman Sachs Group Inc, which was not part of last week`s international settlement over allegations of manipulation in the foreign exchange market, dismissed a former HSBC trader for his alleged involvement in the manipulation, the Wall Street Journal reported. Frank Cahill, who was asked to leave Goldman Sachs` London offices on Tue...
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