UPDATE: Scotland Votes “No” on Independence
On September 18, Scotland voted “No” on independence from the U.K. by a 55%-to-45% margin.
Banco do Brasil Sharia Fund Spurring Investor Interest
A growing Islamic market and a growing emerging market—what’s not to like?
15 Best Finance Tweets of the Year: 2013
A Nasdaq crash, a government shutdown, a whale of a JPMorgan PR fail and more: a look back at the year in tweets.
Independent Scotland Would Seek to Keep Pound; London Says No
A vote for independence from the U.K. in Scotland scheduled for September could pave the way for a new currency.
Will U.K.’s Entry Into Islamic Finance Help Boost Growth?
The U.K intends to enter the world of Islamic finance with the issuance of an Islamic bond and the creation of an Islamic index.
Fossil Fuels: More International Investment Risk Than Opportunity?
Investors need to tread carefully as opportunities shift and risks surface.
Britain Flirts With Triple-Dip Recession Scenario
Triple dip? No, it’s not a fancy ice cream cone, but the situation Britain found itself facing in late January. The tight purse strings of a failed austerity program in the U.K. have caused the British economy to flirt with a triple-dip recession.
Where Have All of Britain’s Millionaires Gone?
That’s a question many Britons are asking now that new data show nearly two-thirds of the country’s million-pound earners have disappeared nearly one year after a tax hike on the nation’s highest earners.
London Could Lose Out Over Eurozone Banking Union
Opposition to an EU budget freeze and to Britain’s joining a eurozone banking union could cost the City of London its position at the top of the world’s financial centers.
Anti-EU British Lawmakers Demand EU Budget Cut
Rebels within Prime Minister David Cameron's own party have backed a Tory amendment introduced to make him negotiate a budget cut from the EU.