Industry

Approvals of new swap execution facilities issued by CFTC

The Commodities Futures Trading Commission had announced the approval of the applications to operate swap execution facilities for TruEX Group LLC and IntercontinentalExchange Inc.


The main protagonists in the latest German elections

Germany's new leaders after its recent elections would reflect the future of not only the country but of the EU as well.

Merkel headed for narrow victory

The latest German elections predicts a win for Chancellor Merkel with a slim margin. German Chancellor Angela Merkel, according to pollwatchers, would most likely win but had to fight to the last vote to keep her majority in the German parliamentary elections.

Warren Buffett said current debt standoff is disturbing

Warren Buffett, the billionaire head of Berkshire Hathaway, said that a possible standoff on the debt ceiling would be costly.


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The European Union and Singapore concluded a free trade agreement that would make doing business easier and more transparent for both countries.
Kloevern AB gained the most after the firm was upgraded in status by Swedbank AB. The shares of Kloevern AB had jumped its highest in nearly five months in Stockholm trading.
Investor sentiment improved in Switzerland for September, a new survey revealed. Investor confidence in Switzerland increased in September. Germany-based ZEW Center for European Economic Research and Credit Suisse Group based in Zurich revealed investor and analyst expectations rose to 16.
A Reuters report expected the US Federal Reserve tapering to be cautious. According to a Reuters report, expectations were rife that the US Federal Reserve would be cautious about the tapering of its stimulus package.
The transactions involving nontraded REITs have amounted to USD12 billion in 2013, surpassing the previous USD11.5 billion in 2007.
According to the Ministry of Commerce, China's utilized FDI increased by 6.37% for the first eight months of the year.
The meeting of the Federal Reserve this week comes at a time when the next chairman is still unknown.
The Korean Financial Investment Association was visited by members of the Fair Trade Commission to obtain documents on its probe as to alleged rate fixing for the country's certificate of deposit.
The Chinese government, amidst calls for a pending crisis due to bad debts, is pushing its banks to shore up its capitalization in compliance with Basel III.
The 'Lehman Weekend' was the height of the financial crisis five years ago and may be repeated if 'shadow banking' would be allowed to continue without regulatory action.