Business

HSCB’s top currency trader, Mark Johnson, 50, has been arrested by the FBI at JFK airport, New York, and charged for £2.7bn worth of fraud. He is to appear in court today. Johnson is HSBC’s global Head of Foreign Exchange...

We’re thrilled to announce that The Asian Today are among the finalists for this year’s Best Publication of the Year Award at the Asian Media Awards. It’s a huge honour that we’re incredibly proud of. The other finalists have also...

Chief Executive Steve Rowe of Marks and Spencer is expected to announce the major closure of M&S shops in the coming years as part of a reorganisation of the company’s UK structure. There is no indication which shops are set...

Businesses that rely on European Union workers have raised concerns of the impact new “UK workers first” proposals for Brexit could have. A Home Office document, leaked to The Guardian, said that firms would have to recruit locally or prove...

Pakistan’s Habib Bank has had its New York office shut down by United States banking regulators after nearly 40 years, for apparently repeatedly failing to heed concerns over possible terrorist financing and money laundering. New York banking officials said Pakistan’s...

The Asian Business Chamber of Commerce (ABCC) has received one of Pakistan’s highest accolades after successful trade talks. The Rawalpindi Chamber of Commerce presented their annual “best international Chamber partner” award to former ABCC president and chairman Nasir Awan at...

According to a report published by the Birmingham Commonwealth Association (BCA), and supported by Birmingham City Council’s International Affairs Team, using the most recent reliable figures it has been conservatively calculated that international students (non-EU) bring in over £400 million per academic year. Of...

Birmingham has already proved itself as one of the Britain’s most prosperous cities, but now it has also been recognised for its highly successful entrepreneurial spirit. The second city was named the ‘Most Enterprising Place in Britain’ beating out...

375 flats are to be developed by German Investment Group Patrizia who acquired four acres of land next to the cricket stadium from Warwickshire County Cricket Club and Homes and Communities Agency. Patrizia UK plans to build parking for residents,...

According to the insurance company Aviva, millions of young people are expected to find themselves living with their parents over the next decade. The core reason for this is the affordability of housing, which is increasing more and more. The study...