Court of Cassation orders retrial. Chief public prosecutor: “Judges lost their way”. Amanda Knox comments from US: “They still won’t believe me”

Back to square one. The Meredith Kercher trial is on its way back to the appeal court. Ms Kercher, a British student, was murdered in Perugia on the night of 1 November 2007. The two defendants, Raffaele Sollecito and Amanda Knox, will go back into th

The International Monetary Fund has highlighted a strengthening housing market as one of the risks facing the New Zealand economy over the next 12 months and says rising price expectations could fuel another housing bubble.

In its annual report card, the IMF said household credit growth, housing market turnover and house price inflation had all recently picked up, particularly in Auckland wher

Foreign exchange trader Christopher Collecutt, operating under the name CFX Trading, has been sentenced to two years, two months and three weeks in jail following a Serious Fraud Office investigation.

The 57-year-old pleaded guilty in the Auckland District Court in August to three Crimes Act charges after 59 investors, mostly family and friends, lost around $1.5 million through investing with

Paul Craig Roberts was Assistant Treasury Secretary in the Reagan Administration, and he warns, “America is going to crash big time.” Dr. Roberts says, “The real problem is not the fiscal cliff.” The dollar is on very thin ice. Dr. Roberts says, “They can’t stop hemorrhaging the debt, and the way they cover that is to hemorrhage the dollar.” In this real time scenario, Dr. Roberts goes on to

“We should not hold the middle class hostage while we debate tax cuts for the wealthy,” he declared. Obama has also told progressive leaders that he is looking for $600 billion more in other tax increases on the well-to-do, in order to reduce the pressure for spending cuts.

And he is prepared to “go over the cliff” if that’s what it takes to get the Republicans to make concessions. Specificall

Depuis le déclenchement de l'affaire Kerviel, la banque a considérablement renforcé ses dispositifs de contrôle interne. Est-ce pour autant l'assurance que cela ne se reproduise plus ?

"Fighting back". C'est le nom du programme mis en place depuis l'affaire Kerviel par Société Générale pour renforcer ses mesures de contrôle interne.

En juillet 2008, la Commission bancaire lui avait infligé

Google Inc (NASDAQ:GOOG) released its quarterly earnings report a few hours early Thursday – by accident, the company claims – and the stock price plummeted 9 percent in just a few minutes in the middle of the trading day, forcing NASDAQ to suspend trading for a period. As the earnings report came out, it was a huge disappointment, as Google Inc. (NASDAQ:GOOG) earnings missed analysts’ estimates

Social media is often touted as among the most important marketing techniques of recent years, but many real estate agents are abandoning the platform.

Many agencies have stopped tweeting in recent months after lengthy periods of activity.

A recent survey by REIV found Twitter was little use in attracting clients.

“Online is … clearly having an impact, but that does not extend to social

Official GDP growth data out of China still paints a glowing picture of the economy: in the second quarter, for instance, GDP grew 7.6 per cent year-on-year. But analysts who have drilled beneath the headline number claim that China is in the throes of a hard landing. Charles Dumas, chairman of Lombard Street Research, an economic consultancy, concludes that China’s quarter-on-quarter GDP growth

Kerry Stokes clearly remembers the start of his personal great leap forward into China.

It all started, he recalled in a frank and at times emotional speech in Sydney yesterday, in the early 1990s with a phone call from David Armstrong, then editor of the South China Morning Post.

The Seven Network owner had known Armstrong from Armstrong's time as editor of the Canberra Times, which he als

Australia’s building industry shrank in August at the fastest pace in 11 months, led by a slump in apartments and weaker engineering construction as resource industry demand wanes, a private gauge showed.

The construction performance index fell to 32.2 last month from 32.6 in July, a survey by the Australian Industry Group and the Housing Industry Association released in Sydney today showed. A

China’s developers are playing out a kind of prisoner’s dilemma: rush to complete, in hopes of cashing out. But while supply keeps going up, demand is going down. In late March, a central bank (PBOC) survey reported that only 14.1% of Chinese consumers were looking to buy a house in Q2, the lowest level since 1999. Only 17.7% expected home prices to rise in Q2, and 62.9% said they still consi

Now that Obama’s financial disclosure forms show that he has a “JPMorgan Chase Private Client Asset Management” checking account with a million bucks in it, maybe a few of the star-struck lefties will look for a fearless leader who isn’t connected to Wall Street.

I said maybe.

JPMorgan Chase (JPM) lost $17.5 billion this week. It all springs from a bad trade that’s still going bad — to the tune of $2 billion and potentially $3 billion. But then there’s the 9.3% plunge in JPMorgan’s market capitalization — adding another $14.5 billion in shareholder losses. And of course, there’s the additional capital it may need to raise in light of S&P’s and Fitch’s concerns about i

The US economy is facing its biggest fiscal contraction ever – one large enough to cause a recession in 2013. What's more, the markets don't seem to be taking any notice of it, perhaps because they don't believe Congress will actually let it happen.

It seems a reasonable bet that Republicans and Democrats will agree to dodge a recession, but history has shown that anyone who assumes sensible p