Industry
China central bank head says China can cope with Federal Reserve tapering
The Head of the Central Bank of China said the country had measures to cope with the expected pullback of the US monetary stimulus.
US municipal bonds still register more outflows than inflows
According to a recent Lipper report, there have been fifteen weeks of outflows recorded for 2013. There is a continuous decline in the outflows from US municipal bonds, with numbers dropping below USD1.
LAVCA report released for first half of 2013
According to the Latin American Venture Capital Association, there has been a 100% increase in value and volume for the market for the first half of 2013.
Indonesia plans to ease up on divestment rules on foreign miners
Indonesia said it planned to relax the rule that forced foreign mining firms operating in the country to own no more than 49% of their stake in the mines within ten years after production has started.