Author: KMFSLLP

Crypto assets do not pose a threat to financial stability but "vigilant" monitoring is needed along with possible action to protect consumers, the global Financial Stability Board said on Wednesday.

The wife of a jailed Azeri banker, who spent more than 16 million pounds ($21 million) at luxury department store Harrods, was identified on Wednesday as the first target of new British powers to combat corruption after London's High Court lifted an anonymity order.

UK legal proceedings reveal luxury lifestyle that included private jet use

The wife of a jailed Azeri banker was identified as the first target of new British powers to combat corruption on Wednesday after London's High Court lifted an anonymity order.

* Hands victory to whistleblower Elmer after long battle (Recasts with verdict)

Paulo Guedes, the chief economic policy adviser to Brazil's leading presidential candidate Jair Bolsonaro, is being investigated by federal prosecutors for allegedly taking part in fraud linked to the pension funds of major state-run companies, the Folha de S.Paulo newspaper reported on Wednesday.

Angola has secured $2 billion in Chinese financing from the China Development Bank for infrastructure projects on President João Lourenço's first visit to Beijing, Angola's state newspaper Jornal de Angola reported on Wednesday.

Conservatives are increasingly confident of winning the ‘meaningful vote’ next month

* Says would defend City if "unsatisfactory environment" (Adds more detail, comment from commerial property firms)

Oxfam on Wednesday rejected Singapore's defence of its low taxes after the NGO ranked the wealthy city state among the 10 worst-offending countries in fuelling inequality with its low-tax regime.