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Genalyn R.Corocoto

Big US Banks Pass First Round of Stress Test

Mar 09, 2015 06:41 AM EDT

The Federal Reserve's recent stress test, which included a $500 billion of combined losses scenario, showed that the biggest banks in the United States have enough capital to continue its business even if the country will face financial troubles.

DIY Goods Website Operator Etsy Intends to Raise $100 Million From IPO

Genalyn R.Corocoto |

Mar 05, 2015 09:34 AM EST

Handmade goods website operator Etsy Inc. has filed with U.S. regulators for an intial public offering of common stock Wednesday and intends to raise $100 million from the IPO.

Prince William's China Visit Successful, But Ends on Awkward Note

Genalyn R.Corocoto |

Mar 05, 2015 05:44 AM EST

The Duke of Cambridge as Patron of the Tusk Trust ended his four-day tour of China with a call for environmental protection and an end to animal abuses, particularly elephant poaching.

Taiwan Aims to Become Top Destination For Chinese Travelers

Genalyn R.Corocoto |

Mar 05, 2015 05:28 AM EST

Starting April 1, Taiwan will roll out a new visa program that could make it the next favorite destination for Chinese travelers, while Hong Kong is considering a limit to inbound Chinese visitors.

Military Exercise Tension Triggers Knife Attack of U.S. Ambassador To South Korea

Genalyn R.Corocoto |

Mar 05, 2015 02:55 AM EST

The annual joint military exercises between the United States and South Korea has triggered political tensions that led to the attack of U.S. Ambassador to South Korea Mark Lippert by an armed assailant Thursday in Seoul.

Drug Cartel Leader With $7M Reward Captured In Mexico

Genalyn R.Corocoto |

Mar 05, 2015 02:47 AM EST

The leader of the Los Zetas cartel, Alejandro "Omar" Trevino Morales, who had a US$5 million bounty on his head by the U.S. Drug Enforcement and a MXN30-million about (US$2 million) reward for information on his arrest, was finally captured Wednesday by the Mexican police.

Former CIA Director Petraeus To Plead Guilty To Misdemeanor

Genalyn R.Corocoto |

Mar 04, 2015 05:21 AM EST

Former US Central Intelligence Agency (CIA) director David H. Petraeus, who had been charged for providing highly classified materials to a mistress, has agreed to plead guilty to a misdemeanor and could be sentenced to up to one year in prison.

Portugal Tightens Real Estate Controls To Protect Foreign Investors

Genalyn R.Corocoto |

Mar 04, 2015 05:05 AM EST

The Portugal government has announced that it is closely monitoring the prices of real estate and tightening its control over the issuance of residential permits to ensure that foreign investors continue to buy property through its golden visa program.

Fugitive American Pastor Arrested In Brazil For Sexual Assault

Genalyn R.Corocoto |

Mar 04, 2015 12:11 AM EST

A fugitive American pastor charged with multiple sexual assaults has been tracked down and arrested by Brazilian police after five months of hiding.

Former NSA Subcontractor Sends Feelers to Return to U.S.

Genalyn R.Corocoto |

Mar 03, 2015 09:49 PM EST

Former U.S. spy agency contractor Edward Snowden has sent feelers to return home and Washington officials are ready to take him back provided he will face the criminal charges that have been filed against him.

MH370 Aftermath: New System To Result In Faster Tracking Of Airplanes

Genalyn R.Corocoto |

Mar 02, 2015 11:47 PM EST

Aircrafts may soon be tracked every 15 minutes instead of the previous 30 to 40 minutes, if a new method to enhance the tracking of aircrafts will be implemented.

Candidates To Succeed Warren Buffet as Berkshire’s CEO Identified

Genalyn R.Corocoto |

Mar 02, 2015 02:57 AM EST

Two executives of Berkshire Hathaway, Inc. had been identified as possible candidates to succeed billionaire Warren Buffet, the company's chief executive officer.