In an interview with Reuters, Saudi Arabian Prince Alwaleed bin Talal said he, through his Kingdom Holdings investment firm, would not sell any Twitter shares owned in the IPO.
Institutional investors
Many years later, the shadow of the 2008 crisis still linger
According to Bloomberg data, investor sentiment still had not returned to the US financial industry.
Pebble smartwatch says no thanks to acquisition by competition offers
In a tech conference in San Francisco, Pebble Technology founder Eric Migicovsky expressed his confidence on their smartwatch product against similar products of tech giants such as Samsung and Apple.
Certificate of Deposit rate rigging scandal investigation continues with visit to KFIA
The Korean Financial Investment Association was visited by members of the Fair Trade Commission to obtain documents on its probe as to alleged rate fixing for the country's certificate of deposit.
KKR and Abraaj jockeying for 60% of Kudu
Kudu, the Saudi Arabian fast food chain, had opened bidding for 60% of its shares with KKR and Abraaj as the firms front running for the bids.
Latest News
Westfield Group said it would sell its seven US shopping centers to Starwood Capital in a deal valued at USD1.6 billion.
Egyptian private equity firm Citadel Capital said on Sunday it would increase its capital following the clearance it had won from the company's shareholders.
Koor Industries had sold another 5.5 million shares in Credit Suisse. The sale was valued USD169 million said the Israeli holding company on Sunday.
James Leigh-Pemberton would take a new position as the new head of UK Financial Investments on Monday according to an internal memo released by Credit Suisse and was seen by Reuters.
The stock markets of the Middle East breathed a sigh of relief as the US-Russia agreement on Syria's chemical weapons averted a military strike.
The US Securities and Exchange Commission said last Saturday it did not reject a proposed settlement with fund managers at Reserve Management Co. as there was nothing to consider.
A three day summit was reported to attract a lot of investors into India's renewable energy market.
Aside from the much talked about Bo Xilai trial, China aimed to turn the country into an innovative consumer driven, high income nation.
After the US Federal Reserve announced thw cutting back its bond buying program, investors who had entered Asia last four years ago were set in fears and had started exiting financial markets.
