Despite Nikkei highs, two major companies report losses for the period. The Nikkei index of Japan is now nearing a five year high as the share average jumped higher in the day's trading.

The Silicon Valley Venture Capitalist Confidence Index rose from 2012, indicating improved market opportunities for the year.

Coop Group cancels deal with Lloyds on the sale of the Verde Network. The Lloyd's Banking Group planned the sale of over 600 bank branches of the Cooperative Group, which has fell apart after the Cooperative Group decided not to proceed with the GBP750 million deal.

There has been a solution reached by Romanian and Cypriot authorities for the local unit of the Bank of Cyprus.

Canada's Natural Resources Minister reiterated that only 'strategic' and under 'exceptional circumstances' would state backed enterprises be allowed to takeover in Canada.

Google's 4.4% increase helps S$P meet its averages in a dismal week. Earnings from Google buoyed a stock rise in technology shares last Friday. The gains from this market segment was unable to counteract the worst week in the S&P 500 since November.

Due to the lack of promised reforms, many investors are moving their investments from Russia to other countries.

Cathay Fortune said it would not support the plan of Discovery Metals to expand capitalization. The top shareholder in Discovery Metals Ltd, private equity firm Cathay Fortune Corp said it would not vote for the approval of the company's plan to increase capital funding.

As one of the most productive cities in the world, the one week terror lockdown has both economic and emotional scars on the proud city.

Russia extends help but conditions that help on "taking their interests into consideration."