BlackRock CEO Laurence D. Fink said the tapering by the US Federal Reserve would be extended until the March.
Industry
Air India awaiting government guarantees
The Indian government's guarantee for Air India was being awaited. The sovereign guarantees for Air India are being awaited for until next week in order for loans to be properly backed up with a total of Rs 2500 crore.
Regulators review instant messages of 'The Cartel'
Named 'The Cartel', US regulators are reviewing how these individuals comprising the group may have influenced or attempted to manipulate the market.
Money market fund flight occurred before passage of debt ceiling legislation in the US
About USD43 billion was pulled from the money market as investor fears of US debt crisis reached its height prior to Wednesday nights passage of much needed legislation.
Dianping.com value higher than Yelp or Groupon - CEO
According to its CEO, Dianping.com's value is higher than Groupon and Yelp or about USD10 billion.
Latest News
The quarterly report on angel group investment activities was recently released. A national survey of angel group investment activity was reported in the Q2 2013 Halo Report.
The retail debt asset base of Reliance Mutual Fund grew 1.5 times its retail asset base between 2012 and 2013.
Petr Kellner is seeking to purchase the Czech republic's unit of Telefonica SA. Telefonica SA is hard pressed to extract a higher premium for its Czech unit.
Goldman Sachs, as well as a number of hedge funds or investment firms, is subject of a review by Korean regulators for compliance with local laws.
To address wrongdoing in the 'London Whale' scandal, JP Morgan enters into a settlement agreement with the CFTC.
Fitch is allowing itself until the first quarter of 2014 to determine if US credit rating needs to be downgraded.
IVC with KPMG worked to draft a report on the progress of venture capital investments in Israel. In a report from Reuters, Israeli technology firms have raised USD660 million in venture in the third quarter.
Private equity companies were the reason for the frozen yogurt shop explosion in the US, according to a CNBC report.
A snow storm in South Dakota killed thousands of cattle and caused tens of millions in losses. A sudden storm that came earlier than winter decimated thousands of cattle in South Dakota.
