Current Business Affairs

Intervention of the Stock Market by the Chinese Government

The Chinese government intervened the stock market after a huge shock in early July. Yet the stock market in China kept fluctuating and remained unstable afterwards. A record fall of 8.5 percent in stock prices ...

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The Worsening Greek Financial Crisis

Greece has been suffering financial difficulties since 2012 and the Greece government experienced the largest sovereign debt default in history. Recently, Greece has failed to make a €1.6 billion (HK$13.8 billion) ...


The Announcement of Blacklist of World's 30 Worst-offending Tax Havens

In June, the European Commission published the blacklist of world's 30 worst-offending tax havens. Hong Kong is one of these tax havens. ...

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Chinese Money Smuggling in Milan

Bank of China's Milan Branch and 297 people who are mostly Chinese living in Italy have gained suspiciousness for smuggling money and other kind of crimes. On 22nd June, 2015, prosecutors in Florence ...