Kenya stated plans to introduce derivatives into its market. Following Kenya's equity trading volume decline in its stock exchange, which is also the region's largest, Kenya announced plans to introduce real estate investment trusts and derivatives, Kenya's financial-markets regulator said.
Industry
CVRx gets US $29.6 million funding
The privately held company gets deal with Johnson & Johnson Development Corporation and New Enterprise Associates as co-lead investors.
PTT cuts 2013 investment budget
PTT Pcl announced that it is cutting their 2013 investment budget PTT Pcl announced that it is cutting their 2013 investment budget by 46% to 54. 6 billion baht or US$1.
Microsoft officially concludes InRelease acquisition
Microsoft announced that it had officially concluded InRelease acquisition. Microsoft has now officially reported that it has concluded the purchase of InRelease, InCycle's business venture unit, a few weeks following the deal was revealed.
Prometheus Group completes minority recapitalization deal with TA Associates
Enterprise application software company secures minority recapitalization from TA Associates but the deal's details were not released.
Latest News
ACE Group announced that they have expanded their ACE Worldview platform ACE USA announced that it has expanded its ACE Worldview® platform to ACE Risk Management (ARM) clients and brokers.
INTL FCStone announced that they are cancelling plans to buy Cleartrade INTL FCStone Inc, a U. S. commodities brokerage announced that it has dropped plans to buy an online commodities exchange in Asia.
In order to manage a currency crisis, selling off foreign currency to mop up local currency averts a long term crisis.
The People's Bank of China has released notice to require banks and companies to use the yuan in their international transactions.
The Chicago-based media company is set to spit its ventures just months after undergoing financial restructuring.
Investors retracted US$13.9 billion from equity mutual funds invested in Brazil, Russia, India and China.
According to the third quarter BCI Index, investors in Nigeria are becoming more confident. Business confidence levels in the Nigerian market is steadily improving, said the Lagos Chamber of Commerce and Industry, the premiere chamber of commerce in the African nation.
According to ProNicaragua, the country's FDI were more than doubled in a span of two years. According to Nicaraguan investment promotion firm ProNicaragua, the country experienced a large boost in foreign direct investments last year, putting the South American nation in the international investment spotlight.
According to the Central Bank of the Philippines, foreign direct investments in the country leaped in April.
