Hedge funds sees a decline for the first time in eight months Hedge funds recorded their first monthly decline in eight months this June, as they battled volatile stock and bond markets.
Industry
India reviews preferential policy for local electronic goods
Last Monday, the Indian government said that it would give preference over locally made electronics goods for procurement in the government and private sector.
Praet: ECB's rates to remain low while inflation is moderate
ECB's executive board member said that the bank's interest rates would remain the same as long as inflation stays moderate.
Wells Fargo combines with JPMorgan in US$6.5 billion equity hit on rates
JPMorgan Chase & Co. and Wells Fargo & Co., lost US$6.5 billion in combined equity that threatened levels of capital across the industry.
Bangladesh still the preferred hub for manufacturers
Bangladesh dubbed as king in the knitwear manufacturing and exporting industry. Bangladesh is dubbed as the hero in the knitwear manufacturing and exporting industry.
Latest News
US hospitals shifted from the conventional paper record keeping to standardized electronic health records after receiving funds from the federal government.
The IMF announced that the euro zone must take a coordinated action to revive economic growth The International Monetary Fund (IMF) said in a strongly worded statement that the euro zone must take a coordinated action to revive economic growth.
Asian share rose amidst investor's worries Asian shares rose after tracking a rally on Wall Street which was spurred by gains that were capped by investors' nervousness over the Beijing drive to reform credit and the implications of tighter U.
Shareholders for US Airways approved the merger for American Airlines Shareholders of US Airways announced that they have approved of the merger with American Airlines.
Koreans, especially those in the business industry, felt 'shamed' by Asiana's plane crash.
Sebi announced its verdict on the dairy scheme utilized by HBN Dairies and Allied Ltd. Sebi made its move today to prevent an investment scheme involving public funds collection that were used to purchase cattle.
CNP Assurances drew support from Asian private banks for capital deals. This week, CNP Assurances initiated a much-needed upsurge to the dollar Reg S market.
The Energy Regulatory Commission said that the country needs to improve its energy sector. Kenya's energy regulation agency said today that the country will increase its efforts in improving its investment climate.
The Indian government started the clearance of tech investments in the country. Internet and technology firms Bosch and Samsung were the first companies to receive clearance for their investments in India.
