Most talked about Bloomberg News stories

Hong Kong Showdown Looms as Chinese Lawmakers Vote on Poll Plan

bloomberg.com — China 's lawmakers today will vote on a plan to introduce universal suffrage for electing Hong Kong's next leader, potentially triggering a showdown with pro-democracy advocates in the city who are preparing to rally tonight if the proposal doesn't meet their demands.

The Sexiest Space Mission

bloomberg.com — The Rosetta spacecraft "woke up" in January after a record 957 days in hibernation. It rendezvoused with the unfortunately named comet 67P/Churyumov-Gerasimenko earlier this month and quickly gained rock-star popularity with the triumph of its mission and the images it has returned. In...

EU Vows More Russia Sanctions If Ukraine Conflict Worsens

bloomberg.com — European Union leaders agreed to impose tougher sanctions on Russia, possibly targeting energy and finance, if the war in Ukraine worsens. Leaders early today gave the European Commission a week to deliver proposals for the penalties.

SNB’s Jordan Says Franc Cap Needed as Risks Grow, NZZamS Reports

bloomberg.com — Swiss National Bank President Thomas Jordan pledged to maintain the cap on the appreciating franc amid increasing global economic risks, according to an interview with NZZ am Sonntag. "The environment has deteriorated for Switzerland," he said. "New geopolitical risks have arisen and the international economic data -- particularly in Europe and South America -- was worse than we expected."

Australia to Aid Islamic State Foes as Terror Peril Grows

bloomberg.com — Australia will join the U.S. in offering aid to foes of Islamic State as the threat of militants returning from Iraq and Syria to commit terror attacks in their home countries triggers heightened alerts. "The large number of Australians participating in the conflict means Australia is facing its highest threat for some time," Attorney-General George Brandis said in an e-mailed statement.

Justice Minister Quits on Misconduct Claim Before N.Z. Poll

bloomberg.com — A senior New Zealand cabinet minister has resigned following allegations of misconduct, less than a month before Prime Minister John Key leads his National Party into elections. Minister of Justice Judy Collins quit over an accusation that she undermined the then-director of the Serious Fraud Office in 2011 when she was the minister responsible for the office, Key said in an e-mailed statement yesterday.

Xi Urges New China Military Strategy for ‘Information Warfare’

bloomberg.com — Chinese President Xi Jinping called for more innovation in the country's armed forces and a new strategy for "information warfare" amid a global "military revolution," the official Xinhua News Agency reported. Xi said China must "strive to establish a new military doctrine, institutions, equipment systems, strategies and tactics and management modes" for information warfare, according to Xinhua.

Macau’s Chui Wins in Uncontested Chief Executive Re-Election

bloomberg.com — Macau's Chief Executive Fernando Chui won a second five-year term as the only candidate in an election held today. Chui got 380 of 396 votes cast by Macau's 400-member election committee, according to Xinhua News Agency. He garnered 282 out of 296 votes in the 2009 election.
Aug 31, 2014

Macau’s Chui Wins in Uncontested Chief Executive Re-Election bloom.bg/1ov8KXP via @BloombergNews

Next U.S. Bank Bailout Could Come After a Cyber-Terror Attack

bloomberg.com — Related Bankers and U.S. officials have warned that cyber-terrorists will try to wreck the financial system's computer networks. What they aren't saying publicly is that taxpayers will probably have to cover much of the damage. Even if customers don't lose money from a hacking assault on JPMorgan Chase & Co., the episode is a reminder that banks with the most sophisticated defenses are vulnerable.
Aug 29, 2014

The Cyber-Terror Bank Bailout: They're Already Talking About It, and You May Be on the Hook bloom.bg/VTabZ4 via @BloombergNews

Aug 29, 2014

The Cyber-Terror Bailout: They're Already Talking About It, and You May Be on the Hook bloom.bg/VTabZ4 ht @matthewstoller

Aug 29, 2014

RT @elizwasserman: The Cyber-Terror Bailout: They're Already Talking About It, and You May Be on the Hook bloom.bg/VTabZ4 via @BloombergNews

Aug 29, 2014

The Cyber-Terror Bailout: They're Already Talking About It, and You May Be on the Hook bloom.bg/VTabZ4 via @BloombergNews

Aug 29, 2014

The Cyber-Terror Bailout: They're Already Talking About It, and You May Be on the Hook bloom.bg/VTabZ4 via @BloombergNews

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Senegal Puts 20 People on Watch After First Ebola Case

bloomberg.com — Senegal placed 20 people who were exposed to the nation's first Ebola case under surveillance, including the patient's family and medical workers, Minister of Health Awa Marie Coll Seck said. The 21-year-old college student from Guinea came in a six-passenger vehicle across a land border about three weeks ago, Seck said by phone from Dakar, Senegal's capital, today.

JPMorgan Hack Said to Span Months Via Multiple Flaws

bloomberg.com — Hackers burrowed into the databanks of JPMorgan Chase & Co. (JPM) and deftly dodged one of the world's largest arrays of sophisticated detection systems for months. The attack, an outline of which was provided by two people familiar with the firm's investigation, started in June at the digital equivalent of JPMorgan's front door, an overlooked flaw in one of the bank's websites.
Aug 30, 2014

JPMorgan Hackers Came In the Front Door -- in June. Two Months of Mayhem bloom.bg/1qJCVzy

Aug 29, 2014

RT @kashhill: JP Morgan hack happened while the bank is spending $250 million on cyber security. mobile.bloomberg.com/news/2014-08-2…

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Allston Accused by HFT Rival of Manipulative Trading

bloomberg.com — High-frequency trading firm Allston Trading LLC was accused by a competitor of manipulating prices on CME Group Inc.'s exchange, three people with knowledge of the proceeding said.
Aug 29, 2014

RT @zerohedge Actually of quote stuffing RT @Stalingrad_Poor: Allston Accused by HFT Rival of Manipulative Trading bloomberg.com/news/2014-08-2…

Aug 29, 2014

RT @inkbacker: High-frequency trader Allston accused by rival of manipulating the CME bloom.bg/1qNkQAC by @mattleising & non-Twittere…

Aug 29, 2014

"A software update implemented last year by the CME may be used in some spoof trades" bloom.bg/1qNkQAC

Aug 29, 2014

RT @cr_harper: SCOOP -- Allston accused by high-speed trading rival of manipulating prices bloom.bg/1qNkQAC via @mattleising

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EU to Discuss Russia Sanctions as Ukraine’s Army Is Pushed Back

bloomberg.com — European Union leaders will discuss tougher sanctions against Russia over the worsening conflict in Ukraine, where insurgents are making gains against the army and the death toll has exceeded 2,500. The 28-member bloc gathers today in Brussels to elect a new president and foreign-policy chief, and will also meet Ukrainian leader Petro Poroshenko.
Aug 30, 2014

EU Preps Russia Sanctions as #Ukraine Warns of Invasion - Bloomberg bloom.bg/Z2KXcR @darynakrasno #FF

Aug 30, 2014

Hollande: “Sanctions will certainly be strengthened.” // Ukraine Warns of Invasion bloom.bg/1qNSiXV @BloombergNews

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Pakistan Clashes Injure 160 as Tear Gas Fired at Protests

bloomberg.com — At least 160 people were injured in clashes between Pakistan's police and protesters as demonstrators stormed parliament in an increasingly violent standoff over the legitimacy of elections last year. Some protesters are in the parliament compound, police spokesman Naeem Ahmed said by phone.

Bitcoin Foundation’s Shrem Will Plead Guilty, Lawyer Says

bloomberg.com — Charlie Shrem, the former Bitcoin Foundation Inc. vice chairman, will plead guilty to unlicensed money transmission under an agreement with federal prosecutors, his lawyer said. Shrem was accused in an indictment of trying to launder more than $1 million in the virtual currency in a case tied to the illicit online bazaar Silk Road.
Aug 30, 2014

Bitcoin Foundation’s Shrem Will Plead Guilty, Lawyer Says bloom.bg/1qPJRLF via @BloombergNews

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