The upbeat statistics on shares, bonds and oil continue to improve after US central banker's attempt to ease fear.
Industry
UBS extends lead through Southeast Asian boost
Swiss bank UBS remains on top of Asia-Pacific equity capital market through the boom in Southeast Asian countries.
Brevan Howard trader involved in Libor probe exits hedge fund
Brevan Howard's trader who was supposedly involved in Libor investigation left the hedge fund. (Photo : Reuters)Citigroup official logo On Thursday, hedge fund, Brevan Howard, disclosed that it lost a trader who is supposedly associated with a large scale rate-rigging scandal.
Air Canada dismisses debt repurchase plan
Air Canada terminates a tender offer to buyback some bonds after Fed Chairman triggered sell off. (Photo : Reuters)Air Canada jets as they get ready to take off.
Investors meet at Premoney Conference
More than 300 investors gathered at the Premoney Conference in San Francisco. (Photo : Reuters )Investors betting on a rise in stocks, bonds and commodities advised to make preparation for a loud sucking sound in their portfolios next month.
Latest News
Jindal Steel is in negotiations to acquire an iron ore mine in Liberia as the country seeks for more foreign investors to boost its economy.
The US Justice Department investigated the planned merger of American Airlines and US Airways, a deal which is expected to be completed by end of September.
Hess Corp started the sale of its oil terminal as the company seeks to receive US$1 billion for the asset.
Precision Castparts Corp announced acquisition plans for Permaswage SAS months after its purchase of a titanium alloy maker.
ONGC Videsh looked at another energy asset in US while Oil India neared acquisition for an African oil and gas asset.
On Wednesday, Repsol’s board of directors announced that it has rejected a noncash offer from YPF valued at US$5 billion.
According to an IFR report, UK mutuals may not be able to survive the tough new regulations imposed by UK authorities.
The Chinese securities regulator grants mutual fund licenses to HSBC and Citigroup. (Photo : REUTERS)Banking group HSBC has settled a case brought by a fund over losses it suffered during the collapse of fraudster Bernie Madoff's financial empire, potentially paving the way for more claims against fund custodians.
Tilal Development Co would be issuing a sukuk whose proceeds would be used to pay off debts and expand the Muscat Grand Mall.
