The government of the Philippines would be launching an online portal designed to provide information on how foreign assistance had been spent, especially for the government's response to help the victims of Typhoon Haiyan.
Government
Report reveals where Obama's first-term finance team have gone
A report from The New York Times's The Dealbook showed where some members of the finance team who served in the first term of President Barack Obama are now.
Connecticut considers making USD125 million investment in Apollo VIII
Denise Nappier, Connecticut's state treasurer, is considering to make a USD125 million investment in Apollo Global Management's Fund VIII. Fund VIII has already raised more than its USD12 billion target.
International lenders with broker-dealer carry risks to financial stability- Eric Rosengren
Federal Reserve Bank of Boston Eric Rosengren said large international banks with broker-dealer units placed the financial system at risk, and as such, regulators should ensure that they have adequate capital.
China's bonds sell at 50-year high yield as borrowing costs increase
China's recent government CNY20 billion or USD3.3 billion bond sale recorded a 5.3% yield, which was the highest obtained by the mainland since selling debt since 2009.
Latest News
US investigators assigned to the hacking incidents done by Anonymous have yet to determine the scope of the cyber campaign of the hacker collective on the state's government agencies.
According to sources who were familiar with the proceedings, the government of Japan will be making the USD1.2 trillion Government Pension Investment Fund (GPIF) exist as a separate entity in order to diversify its investments.
Private equity and hedge fund firms had set their sights on placing bets in infrastructure projects, stalled government transportation projects like railways and ports in particular.
The CDC Group, the development finance institution of the UK government, will be pouring more investments in India despite the sluggish economy, delayed reforms and a competitive private equity market.
Former US Treasury Secretary Timothy Geithner will be joining global private equity firm Warburg Pincus LLC in March. Geithner became notable for his role during the US financial crisis.
William Littlewood, the hedge fund manager of Artemis Strategic Assets Fund, has taken a short position on Japanese government bonds, according to a column written by Mark Dampier on The Independent.
The US Securities and Exchange Commission has approved a proposal that would enable upstarts and small firms to offer ownership stakes to retail investors using crowdfuding platforms online.
Investors remain inclined to take markets higher in the absence of anything that would suggest equities should fall. The market seems to have hit a stage where strong data helps and weak data affirms the Fed's intentions to keep policy accommodative, which also helps stocks.
Top leaders of the Chinese government released its plans to make major reforms in the economy and social systems, and vowed that such reforms would make decisive results by 2020.
