Chinese drilling services Sino Australia Oil & Gas Ltd. cites 'Market Volatility' in Asia for delayed Initial Public Offering.
Industry
Fiat renews cooperation alliance with Brazilian Bank
Fiat announced the renewal of its cooperation agreement with Brazilian bank Itau Unibanco. Fiat (acronym for Fabbrica Italiana Automobili Torino) renewed its commercial cooperation agreement with Itau Unibanco.
UK Royal Baby wore sold-out blanket in first family photo
With the first official Royal Family photos out, industry observers believed that the arrival and continuous media exposure of Prince George Alexander Louis of Cambridge will help boost the UK economy, especially small and medium-sized enterprises (SMEs).
China's private equity firms gears up for the big league
Private equity firms in China scrutinized on competency for international ventures. China's private equity firms are catching the attention of the financial industry.
US Federal Reserve sees 18 banks weak in at least one capital area
The US Federal Reserve conducted a study and saw 18 of the largest banks in the country to be weak in one capital area.
Latest News
The United States asked Japan to give foreign companies more access to its auto and insurance markets.
Asian markets affected by US stock's worst weekly performance for the year. Asian markets fluctuated with meek profits and losses Monday as apprehensions rose on US market issues.
Car manufacturers increased production as rise in sales of petrol driven cars in India continue. In India, demand for petrol cars increased after a 25-month hiatus.
Japanese economy faced a higher deficit as overseas economies strengthens. Japan economy experienced a widening gap in its trade balance, according to a Reuters report.
Europe's equities have earned better in the past week compared to the US stocks. The mood now for investors is upbeat as it searches for a rebound from the previous week's drubbing on Wall Street and the Dow Jones average.
China's State Council would be reviewing the laws and regulations regarding foreign investments in the country.
The Philippine Commission on Audit asked the Department of Budget and Management to issue guidelines for the release of public funds for different local projects.
The leading Hungarian tour company, Best Reisen Ltd announced bankruptcy after big losses on its Egypt and Tunisia tour packages.
China’s National Development and Reform Commission or NDRC planned to examine big industries such as petroleum, banking, auto and telecommunications as part of its ongoing investigations on anti-trust violations in the country.
