Emerging debt market trading fell by 12% in the first quarter of 2013. (Photo : Reuters)The image is the facade of the New York Stock Exchange. The trading volume for debts from emerging markets declined by 12% in the first quarter of 2013 compared to the previous year.
Industry
Brookfield to Sell US$3.68 Assets to Weyerhaeuser, KapStone
Brookfield Asset Management will sell its Longview Timber Holdings and its paper packaging business in separate transactions for US$3.68 billion.
Pope Francis appoints Monsignor Ricca for the Vatican Bank
Pope Francis, in the bid to reform the Vatican bureaucracy, appoints Monsignor Ricca to manage the Vatican Bank.
US$1 Trillion Public Pension Cuts Japan’s Bond, Increases Stocks
Prime Minister Shinzo Abe announced cutting down Japan's pension fund and focusing into stocks, away from government bonds.
India Set To Suffer as US Rates Rise
India's rapidly declining currency is a clear sign that US policy affects the whole world. (Photo : REUTERS)Indian currency of different denominations are seen in this picture illustration taken in Mumbai India is emerging as the canary in the mine for Asia's money market.
Latest News
The Canadian dollar remains steady against the US dollar, but may change once the Federal Reserve Chairman makes his remarks on quantitative easing.
Curacao retained its A minus credit rating from Standard and Poor's but declines in outlook. (Photo : R)The image is the corporate headquarters facade of Standard & Poor's.
Aruba's credit rating now at BBB+ from A- according to Standard and Poor's. (Photo : Reuters)The image is the logo of Standard and Poor's 500.
The bond market is awaiting the Federal Reserve Bank decision on quantitative easing. (Photo : Reuters)The image is the facade of the Federal Reserve Bank.
Meraas Holding and Emaar Properties announced an engaged joint venture for the development of a premium lifestyle community, Dubai Hills Estate.
Arabtec Holding announced on Sunday that is has signed a joint venture contract for US$629 million. (Photo : Reuters)The image is the facade of one of the projects of Arabtec.
Royal Bank of Scotland CEO Stephen Hester was urged by the bank's board to step down prior to the government's sale of its 81% stake.
East African bloc struggled to draw investment from foreign units. (Photo : Reuters)The image is an African man looking over an oil extraction rig. East African Community economies struggled to draw foreign investment due to internal problems.
Dish Network is confronted with additional US$1.2 billion cost from taking Sprint Nextel Corp. (Photo : Reuters )Dish Network Corp. 's Chairman Charlie Ergen dismissed speculation his surprise $2.
