Catch Bank of Cardiff's latest newscast and get up to speed on some of the burning issues of the day - in a matter of minutes. We'll report on developments in the US and Europe and provide insightful comment on a wide range of news stories from finance to entertainment. Check in for your regular update!
July 11, 2015
The Shanghai composite index has plummeted by 6% as panic selling continues to wipe trillions of dollars off the value of Chinese-listed companies. Despite the government’s efforts to stem the tide by relaxing borrowing rules and cutting fees, shares have dropped to less than a third of their June peak.
June 25, 2015
The Safe Cities Index examined a range of factors, including personal safety, infrastructure security and healthcare provision to create a guide to some of the safest cities in the world. But are the wealthiest cities always the safest and what city comes out on top for safe cycling?
June 24, 2015
What’s the best place to hide from the FBI if you’ve appeared on their most wanted list? Multi-million-dollar embezzler James T Hammes picked the Appalachian Trail as his go-to destination six years ago and has only just been arrested after visiting a festival in Virginia earlier this month. He is expected to return to Ohio to face charges.
June 23, 2015
New details have emerged about the continuing excesses of stock market traders as an ex-Barclays employee pursues a lawsuit against defunct bank Lehman Brothers for $83m-worth of unpaid bonuses. Jonathan Hoffman was raking in mega-bucks at the very same time banks were under pressure to scale down bonuses in the wake of the global recession.
June 22, 2015
The British parliamentary elections of 2015 have confounded pollsters who got their voting predictions badly wrong. If the ‘floating voter’ is becoming a bigger factor in election results, can political parties leverage big data to target and influence their share of undecided voters right up to election day?
May 20, 2015
If homeowners could supply all the power they needed from a set of rechargeable batteries, it could transform the domestic energy market for good. Elon Musk, founder of electric car company Tesla, has just thrown his hat into the ring with the launch of a suite of low-cost solar batteries designed to capture and store energy for use in the home, claiming that the technology will help change 'the entire energy infrastructure of the world.'
May 19, 2015
In a drama worthy of a movie script, a solo British trader has been arrested for his part in allegedly triggering a multi-billion-dollar US stock market crash from his parent's west London house. Navinder Singh Sarao, alias 'the Hound of Hounslow' is currently being held at the request of US authorities investigating his involvement in the 2010 'flash crash' which sent shockwaves through in the world's biggest stock market.
May 18, 2015
Speculation over an early rise in US interest rates has been quashed following a spring statement from the Federal Reserve. The Fed has indicated that significantly stronger economic performance would have to be demonstrated before it could agree an increase in borrowing costs, in the wake of news that growth has stalled in the first quarter of 2015.
May 12, 2015
Barclays has had to carve another £800m off the bank's bottom line to pay its share of the international forex rigging scandal and to settle further compensation claims for mis-selling payment protection insurance to customers. The bank's penalties will total around £2bn from regulators in the UK and US charged with investigating the manipulation of the £3.5tn-a-day forex markets.
April 2, 2015
Get the feeling that someone's dogging your footsteps, even on the internet? Well it might not be a case of paranoia after all. While we're familiar with the concept of browser cookies silently monitoring our preferences and storing them up for future visits, we're probably not so keen if they're following our every move. So why is social media giant Facebook tracking web browsers without users' knowledge?
March 27, 2015
Eurozone leaders try to find a workable solution to Greece's economic problems as Greek government warns of imminent insolvency.
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