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  • Chinese Govt Orders Probe Into Jinshan Seaplane Crash.

    Wreckage of the 9-seat Cessna 208B propeller seaplane is being salvaged after its fatal crash (Source: People’s Daily Online). CHINA’S civil aviation authority has grounded all aircraft belonging to Joy General Aviation yesterday after one of its seaplanes crashed in the waters in Jinshan District in Shanghai on Wednesday, killing five people. The plane’s in-flight…

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  • HSBC May Lose Its Banking Licence in the US due to Panama Papers Scandal.

    There’s fear that one of the biggest banking giants in the world HSBC may lose its US banking licence.   This will depend on the reaction from the Oval Office regarding the bank’s role in its overall banking activities on the Panama records. If the US government probes the bank and nails it for illegal…

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