Wednesday, July 30, 2014   

EU wants criminal penalties for interest rate-rigging
(07-25 18:00)

The European Commission, responding to the London interest rate-rigging scandal, said today it will ask all member states to introduce criminal penalties for manipulating the money markets.
"The Commission will ask each member state to introduce in its national legislation criminal penalties for the manipulation of reference interest rates,'' it said in a statement.
   
Other Business breaking news:
European stocks down before US data (8 mins ago)
Singapore Airlines profit slumps in first quarter (24 mins ago)
Eurozone banks ease loan conditions for businesses: ECB (40 mins ago)
Spain speeding away from crisis (1 hr 6 mins ago)
Sony to delist shares from LSE (2 hrs 3 mins ago)
Trade slumps between HK, China (2 hrs 10 mins ago)
NEC cuts net loss (2 hrs 12 mins ago)
Nintendo logs quarterly net loss on Wii U costs (2 hrs 21 mins ago)
Hang Seng extends win streak to seven days (2 hrs 57 mins ago)
Barclays says first-half net profit soars (07-30 15:17)

More breaking news >>

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