China's central bank infused its local money markets with CNY 17 billion (USD 2.7 billion) and eased concern over a repeat of last month's credit squeeze.
Industry
Slow year for cross-border M&A: Thomson Reuters
Thomson & Reuters data revealed 2013 to be a weak year so far for international mergers and acquisitions.
China PMI shows modest growth in July
China's PMI showed growth in July, offering hope that the country's economy is recovering.
Societe Generale SA ecstatic as profit margin doubles
Societe Generale SA said that they are happy to announce that the company is ecstatic as the company's profit margin doubles.
China manufacturing industry strengthens boosting Premier Li Keqiang's economic goals
China's Premier Li Keqiang's projects will now get the much needed help with the recent boost in the manufacturing industry.
Latest News
The IMF releases additional funding as part of Greece's bailout program. The International Monetary Fund announced that they approved for additional funding for Greece's bailout program.
The Swiss National Bank said that they are open to sell back the UBS assets that they took on during the global financial crisis.
The financial industry is close to overtaking the tech industry according to the latest quarter reports, analysts said.
A mining analyst said that improved consumer sentiment in the US is a good sign for diamond investors.
The India Manufacturing Barometer survey revealed that manufacturing companies will be holding off on new investments this year.
Economic slowdown, volatility and a weakened currency have made it difficult for India's PE investors to make an exit.
After the announcement of their merger, Omnicom and Publicis are now targeting industry giants like Google, Tweeter and Facebook for their advertising.
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.
