AlBaraka Turk mandated the release of a US$250 million funding. AlBaraka Turk announced that they have mandated the bank for an arrangement of a US$250 million syndicated loan.
Finance/Venture
Defining currency risk and finding ways to minimize it
Currency risk is based on currency fluctuations of one currency as against another. In a nutshell, currency risk is a kind of risk that stems from the changes in the valuation of currency exchanges.
CFTC decides on landmark case
CFTC releases a decision penalizing Panther Energy LLC for its illegal activities done through spoofing.
Yahoo's buyback nets US$655 million for Third Point
Yahoo has purchased 40 million shares owned by Third Point at US$29.11 per share. Third Point LLC, the firm headed by Dan Loeb, was at the forefront in the change of Yahoo's board a couple of years back.
TriGate Property Partners closes above target
TriGate Property Partners closes at US $324.2 million; beyond its US $300 million target. Park Madison Partners, a real estate advisory firm, oversubscribed from its target fund raise of US $300 million for the closing of TriGate Property Partners.
Latest News
Wisconsin bill that supported business financing and job creation was signed by Gov. Scott Walker. Gov. Scott Walker signed a bill Thursday that supported business financing as well as the creation of jobs in Wisconsin.
Hong Kong's stock market was adversely affected by the summer lull. The summer vacation seemed to have penetrated the stock market in Hong Kong. The summer lull sent trading volumes to its lowest point Monday since September 4, 2012.
Julius Baer's profit fall 30% due to tax charges and a merger. Julius Baer Group AG said its profits fell due to two pressing concerns. These were a merger for expansion and a UK tax treaty.
“Trend following is dead,” said FX Concepts, expecting another year of dismal returns. "Trend following is dead because trends never really get going," John Taylor, chairman of FX Concepts, grumbled.
PNoy's SONA gave a boost to the Philippine stock market. The fourth State-of-the-Nation Address (SONA) was recently given by Philippine President Benigno Aquino III.
CVC Capital Partners raised Eur 10.5 billion for it most recent buyout fund,, which will be utilized for investments in North America and Europe.
Tatton Capital revealed that it has bought out Prism Capital Management, enhancing its adviser presence in the UK.
Bruno Wu and Thomas Middelhoff stated that they have combined assets with revenues of around US$2 billion to create a media and alternative investment firm.
FX options trading has few informational sources on how best to utilize its benefits. Options trading has been an often discussed and dissected topic. On the other hand, currency options is a category all by itself.
