Instead of raising funds through the Dim Sum bond market, foreign companies in China opt for cross currency swaps to raise funds for operations.
Industry
Japan considers USD 50 billion economic stimulus package to cushion tax increase- sources
Japan was said to be studying the possibility of giving a USD 50 billion economic stimulus package to cushion the possible drag of its planned tax hike, sources told Reuters.
New CEO of Pandora will start turnaround of company through royalty renegotiation
Pandora chief executive Brian McAndrews's first and the most difficult task would be to renegotiate royalty fee payments to the music industry in order to lift the struggling company's finances.
EU aims to restructure telecoms market
EU submits a list of proposals aimed to improve the EU telecommunications industry. In its newest attempt to overhaul the European Union's telecommunications industry, a proposal to place a price cap on cross border phone calls in Europe was made.
Japanese suppliers for iPhone components experience share decline
Because of the still too expensive low cost iPhone 5C, the share values of Japanese suppliers fell in the market.
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Tom Wilson, AllState CEO, had sought ways to expand its bottom line with the acquisition of Esurance and expansion of network.
China's August inflation data showed that the country's economy is stabilizing after signs of improved export demand and targeted support measures.
NBC reporter Michael O'Brien said the legacy of President Barack Obama would be on the line as he awaits Congressional approval on air strikes against Syria.
The higher interest rates imposed on small businesses hurt the Spanish recovery program. Despite the expansion of Spanish manufacturing and services sectors of the country, which is the first time in the past two years, the lack of available funds for lending clearly hindered the growth of the country.
The rule increasing the processing time from five to fifteen days was met with waves of complaints as it hinders business operations.
Performance as well as past are major points to review in assessing a CEO's continuity in the position.
The pipeline from oil shale formations and oil sands is being opposed by hedge fund founder. Billionaire Tom Steyer threw his support behind a four part advertising campaign that intends to convince its viewers that the Keystone XL pipeline would hurt the economy and the communities around it.
The General Administration of Customs registered above projected numbers in terms of overseas shipments.
Slovenia officials said on Friday that it had planned liquidation of two small lenders to ensure financial stability.
