Asia's shipping industry was believed to be the best spot to experience recovery from the industry's worst slump.
Industry
India 'investment hungry' like China - Standard Chartered
Standard Chartered organized this year's annual conference held in India by bringing African chairmen.
Four Provident execs jailed
Former Provident executives were sentenced to jail after pleading guilty for investment fraud. According to United States attorney John M. Bales' statement today, four executives from Provident Royalties, Inc.
Andhra Pradesh-UK investment ties strengthened
In a meeting between British investors and state officials, opportunities for investments in Andhra Pradesh were discussed.
Ghana urges investors to aid agri salvage
Minister of Food and Agriculture of Ghana Clement Humaldo urged investors to help cut down the losses from harvesting.
Latest News
Indonesia's cattle industry is receiving a long-awaited backing from Australian investors. After more than four years of wooing, the Indonesian cattle industry has successfully acquired much needed love from Australia.
The IRS proposed reform for the money market fund industry is set to tackle tax matters. On Wednesday, the US Internal Revenue Service recommended new regulations.
Asian stock became cautious while the European Central Bank held a summit and US payrolls report loomed.
The Indian state of Punjab announced its open post for consultants. In accordance to a recent announcement by the Punjab government regarding industrial policy, new measures were being formalized to create land bank for the industry.
Representatives from several Chinese firms defended their unpopular mega projects in Myanmar. In a press conference held in Rangoon, Myanmar yesterday, the Embassy of China and several representatives of Chinese state-owned companies issued a statement regarding the mega projects being developed in the country.
The Reserve Bank of India announced new guidelines regarding the 'ownership' and 'control' of FDIs in the country.
Pakistan's prime minister Nawaz Sharif told Chinese investors to invest in the country's energy sector.
US investment industry continued to resolve the problems on ethics and costs amidst controversies. An average of US$8 million would be spent by Wall Street's brokerages.
The Investment Company Institute recorded US$28.1 billion withdrawals from bond reserves. Investors in mutual funds headquartered in the United States withdrew US$28.
