China Praises its Shadow Banking System
Financial Times reports that draft regulation on shadow banking takes more permissive stance than expected.
Big UK Businesses Set for Further Expansion and Hiring with Revived Risk Appetite
Deloitte CFO survey said most CFOs feel now is good time to take risk onto their balance sheets.
World's Second Bitcoin ATM to be Installed in Hong Kong as Taiwan Blocks Launch
Robocoin, which builds bitcoin ATMs, had earlier said it would launch ATMs in Hong Kong and Taiwan.
Bitcoin Value Tops $1,000 Again on Zynga Adoption
Social gaming firm Zynga said it would start accepting bitcoin as payment option.
India's TCS to Build World's Largest Corporate Learning Centre
Proposed TCS Learning Campus would train 50,000 technology professionals per year.
NSA Gets Nod to Continue Phone Tapping from US Secret Court
US Foreign Intelligence Surveillance (FISA) court renewed the NSA phone collection programme on 3 January.
'US Defence Department Allowed China-Made Components in F-35 Fighter Jet Programme'
Reuters reports that Pentagon waived federal laws to avoid delays in F-35 programme.
Hong Kong and Taiwan Await Bitcoin ATMs
TechCrunch reported that Robocoin that builds bitcoin ATMs is planning further launches in Europe, Canada and US.
Vodafone Could Become No. 1 in India With Possible Tata Teleservices Acquisition
Vodafone is in early talks with Tata Group to acquire controlling stake in Tata Teleservices, according to Economic Times.
Top Billionaires Add More Than $500bn to Collective Wealth in 2013
Microsoft founder Bill Gates gained most in 2013 with his fortunes increasing by $15.8bn.
FireEye to Offer Enhanced Cyber Protection with $1bn Mandiant Acquisition
Mandiant became popular after it exposed Chinese hackers last year.
Ikea to Double German Market Share with New Stores and Online Sales
Ikea Germany head Peter Betzel said the company would increase its market share to 25% from current 13%.
John Lewis Plans Domestic and Foreign Expansion as 'Bricks and Clicks' Break Records During Christmas
John Lewis recorded 7.2% increase in total sales in five weeks to 28 December.
Italy's Fiat to Become Seventh Largest Automaker After $4.35bn Chrysler Deal
Fiat agreed to buy remaining stake in Chrysler from United Auto Workers (UAW) retiree health-care trust.
India Scraps £465m Contract For AgustaWestland Choppers
AgustaWestland and parent Finmeccanica face separate probes in India and Italy.
Snapchat Hacked with 4.6M Usernames and Phone Numbers Leaked Online
A hacker known as Lightcontact has claimed credit for breaching Snapchat's security and stealing user information.
India Approves Investment Proposals of Vodafone and Tesco
Indian panel approved Vodafone's deal to buy remaining stake in Indian subsidiary for $1.6bn
Metal Warehouses Reduce Fee Hikes as LME Pushes Reforms
Warehousing companies will increase rent charges by an average of 3% in April, compared to 7% last year.
China Local Government Debt Soars Raising Fears of Hard Landing
National Audit Office says China's debt rose 70% from three years ago to 17.9tn yuan.
Bitcoin: Value of All Virtual Currencies Combined is Close to $13bn
Bitcoins are collectively worth $9.1bn at the moment; $750.99 per coin.
Japan's Stock Index Posts Best Annual Return in 41 Years
Nikkei index closed up 0.7% at fresh six-year high of 16,291.31 on 30 December.
Lloyds Banking Group: UK Government Could Complete Sell-Off in 2014
Government may start selling remaining stake after bank's results.
UK House Price Growth to Continue in 2014 Amid Demand-Supply Mismatch
Home prices jumped 4.4% in 2013 on robust demand amid shrinking supply, according to Hometrack.
Australia Businessman Selling A$1.4m Home for Bitcoins
Cliff White pins hope on Bitcoin value rising to $10,000.
India's Glenmark Eyes Big Deals in West with Biologics
Company recently won more than $200m selling rights to its drugs.
Japan's 7-Eleven Stores to Go Online Taking Cues from US Retailers
Toshifumi Suzuki, CEO of Seven & I Holdings, is looking to migrate 50,000 bricks and mortar stores in Japan to internet.
UK and US Experience Lacklustre Pre-Christmas Retail Sales
UK and US consumers postponed buying, anticipating better deals.
Singapore Open to Bitcoin Payments
Monetary Authority of Singapore (MAS) decided not to intervene on whether businesses accept bitcoins as mode payment.
Target Data Breach Adds to Case for Computer Chip-Based Card System
New technology that stores data on chips makes it harder for hackers.
Apple to Boost China Revenues Making Use of World's Largest Mobile Network [VIDEO]
Apple partnered with China Mobile to sell its iPhone 5s and iPhone 5c models.
