Moody's says the outlook for the Australian infrastructure sector is stable, underpinned by a resilient economy.
Industry
FT says that the surge in initial public offerings in the US and Europe which started this year is set to continue next year
The revival of initial public offerings in the US and Europe which started this year is set to continue next year, the Financial Times reported.
As common sense begins to sink in, it has become evident that there is no good reason to own Bitcoins
As common sense begins to sink in, it has become evident that there is no good reason to own Bitcoins, Edward Hadas of Reuters Breakingviews writes.
FED trims monthly bond purchases to $75B
The Federal Reserve said it will be trimming its monthly bond purchases to $75 billion from $85 billion in its first move to start tapering, Bloomberg reported.
Indian companies strike 393 private equity deals totaling $9.67B in January to November
A report by Grant Thornton, an American accounting and advisory firm, said that Indian corporations closed as many as 393 private equity deals totaling $9.67 billion in the past 11 months of the year.
Latest News
Bondholders and large depositors in a failing bank face taking losses from the start of 2016, European Union negotiators have agreed, a European Parliament lawmaker said on Wednesday.
Hours after announcing the departure of chief executive Dan Akerson, the Holden unit of General Motors Co announced its decision to halt its auto making operations in Australia by 2017.
A capital gains tax set to take effect in April 2015 which would be levied on the homes sold to people living abroad could diminish the status of London as a property magnet for foreign investors, Bloomberg reported.
Bitcoin has fueled a rise in cyberattacks where computers and data are held hostage until the owner pays the ransom in the digital currency, according to a report.
Brazil-based car parts supplier Autometal is looking for acquisition deals with midsize competitors as global car manufacturers are planning production in the South American country.
Chinese state-owned firms are expected to lead the initial public offerings in the mainland next year after the lifting of the temporary ban on public share sales by the government, according to sources interviews by Bloomberg.
Institutional investors were putting more money to private equity funds as they bet on improved dealmaking in the next two years, according to a report.
With the revival of initial public offerings, Australian bankers have many things to be happy for as underwriting fees also surge, according to a report.
Indian companies that built most of the parts for the country's recently launched Mars mission are using their low-cost, high-tech expertise in frugal space engineering to compete for global aerospace, defence and nuclear contracts worth billions.
