Industry

SNB to sell back UBS assets

The Swiss National Bank said that they are open to sell back the UBS assets that they took on during the global financial crisis.


Finance sector set to overtake tech industry as JPMorgan beats Microsoft

The financial industry is close to overtaking the tech industry according to the latest quarter reports, analysts said.

US recovery augurs well for diamond investors: analyst

A mining analyst said that improved consumer sentiment in the US is a good sign for diamond investors.

No major investments for India's manufacturing sector: survey

The India Manufacturing Barometer survey revealed that manufacturing companies will be holding off on new investments this year.


Latest News

The Thales Group announced that they are set to ink the deal with Malaysia's Keretapi Tanah Melayu Bhd (KTMB) tagged at RM380 million.
Chinese iron ore production and prices continue to rise despite the general decline in base metals trading.
China and the European Union have agreed on a trade price and concluded a six-week dispute over Chinese solar panels.
Spanish unemployment rate drops 0.9% for second quarter and signals beginning of recession recovery.
Consumer economic sentiment in the U.S. climbed to its highest number six years despite cross-currents among higher-income and lower-income households.
The GlaxoSmithKline controversy opened the doors of investigation about the misconduct happening in the pharmaceutical industry.
The U.S. government cracks into the insider trading world by weeding out suspects one by one but is it enough?
President Barack Obama remains undecided on Federal Reserve chairman pick and will most likely extend consideration of the matter until the fall.
JPMorgan announced that it will no longer be trading in physical commodities. JPMorgan Chase & Co announced that it will no longer be trading in physical commodities.
Local governments that filed for Chapter 9 did not exactly have happy endings. Detroit officials may be hopeful that their Chapter 9 bankruptcy filing will ultimately strengthen their economy, but history has shown otherwise.
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