Friday is the first day of sales for Sony's PlayStation 4 interactive gaming console. GE holds an meeting for investors and analysts focused on its GE Capital business. The Federal Reserve releases its report on U.S. industrial production.
Government
ECB reduces amount of banks' crisis loan payments but urges them to pay next week
The European Central Bank's attempt to reduce the excess liquidity levels of banks in the financial system had prompted the central bank to call on banks it had loaned to repay its debts at a reduced rate.
Gates urges Norway to place investments from USD800 billion fund to Africa, Asian projects
Philanthropist and Microsoft co-founder Bill Gates suggested the state of Norway should invest a portion of its massive USD800 billion wealth fund to countries in Asia and Africa.
Jefferson County plans USD 1.7 billion sale of sewer warrants
The state of Jefferson County, Alabama planned to sell sewer system securities worth USD 1.7 billion to pay off its debts to its creditors. Jefferson County is still under bankruptcy protection.
French government divests Safran stake to boost national economy
The French government hoped to help fund new state investments and boost national economy by divesting 3.5% of its stake in jet engine maker Safran.
Latest News
Top Chinese company China Harbor Engineering Company will be building two hotels and a golf course in Sri Lanka worth USD500 million. Previously, the company constructed an international airport which was opened this year.
The following bids, mergers, acquisitions and disposals were reported on Thursday including Sigma Alimentos, Fastjet, Rostelecom, DNB, Caixabank, Cyfrowy Polsat, America Movil, Alitalia, Telecom Italia.
Analysts warned that unless the state of China address the USD1.6 trillion debt incurred by its municipalities via local government financing vehicles, interest rates would skyrocket.
The world's largest retailer is likely to provide an update on its layaway program's results and on early indications of whether shoppers are taking to its first holiday specials. Wall Street is waiting to see whether Wal-Mart again cuts its fiscal year forecast.
The following bids, mergers, acquisitions and disposals were reported on Wednesday including BNP Paribas, Facebook, Crocs, VTB Capital and Flybe Group.
Amid the run up to the Third Plenum, many market investors who have waited for the policy direction from the Chinese government had made them either hopeful or disappointed with the communique released by President Xi Jinping.
Europe's recent inflation decrease prompted European Central Bank to cut interest rates. In an analysis done by Reuters, it said the deflation threat in the economy of the Euro Zone might reverse the continuous inflow of major investments for 2013.
The government of Osaka prefecture's exit from the OTK Group was its strategy to privatize the latter.
The Third Plenum reiterated the central role of state-owned enterprises as well as the the large role markets play in the future of the Chinese economy.
