Koreans, especially those in the business industry, felt 'shamed' by Asiana's plane crash.
Industry
UBS regains title of world's largest private bank
UBS gained back the title of largest private bank UBS gained back the title as the world's largest private bank as fresh client funds surged in the previous year.
Hedge funds declines for the first time in eight months
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.
US hospitals speed digital record transition
US hospitals shifted from the conventional paper record keeping to standardized electronic health records after receiving funds from the federal government.
IMF: Essential for euro zone to stimulate growth
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.
Latest News
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.
In order to attract foreign businesses, India removed a 10% levy in its sugar sector. Direct investments and foreign ventures are expected to come towards the global sugar industry, said India's top sugar producer Balrampur Chini.
Bloomberg New Energy Finance reported that investments in the renewable energy sector increased except in the European region.
To increase investments in the research and development sector of India, a government panel created new guidelines.
Rwanda reached its yearly projected investment amount after only six months. The African nation of Rwanda is showing signs of growth after achieving its US$1.
India’s Road Minister Oscar Fernandes said that unless major lands are handed over, financial institutions that would lend for the construction of expressways in the country could possibly shy away.
