The Central Bank of China said last Sunday that it would keep policy steady to cope with economic uncertainties.
Investors
RBI says banks to pay for credit card scam
The Reserve Bank of India had refused to give extended deadline for banks to upgrade their security features to protect cardholders from credit card frauds.
Axis MF set to make profit for the year
Axis MF, the fund management firm backed by Axis bank, is projecting to be in the black for the year because of its diversified offers.
Reforms by new RBI chief seen in net investment inflows into the country
The new programs of RBI Governor Raghuram Rajan have resulted in higher investment rate in the Indian equity markets.
Etisalat extension provided for Maroc acquisition
The new deadline is now at October 31 for the acquisition of Vivendi's shareholdings in Maroc Telecom by Etisalat.
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The exclusive discussion for Etisalat’s proposal to acquire Vivendi’s stake in Maroc Telecom had been extended up to October 31.
China opened its free trade zone in Shanghai and was hailed as the country's boldest reform, according to a Reuters report.
CEO resignation would not deter the merger of the two Omani banks. In an announcement, Bank Dhofar's CEO Anthony Mahoney had resigned from the bank.
The escalator at Harrods would undergo a major facelift and renovation. Qatar's newly acquired luxury London department store, Harrod's, had laid out plans to undertake a multi-million renovation as part of the investment from the Gulf state in the world renowned brand.
Ooredoo, the Qatari telecommunications company, had entered into a partnership with the Cherie Blair Foundation for Women to provide assistance to businesswomen.
The Shanghai free trade zone is a testing ground for finance and economic policy in China. Shanghai's free trade zone would have Citigroup Inc and Bank of China Ltd as participants in the eleven square mile experiment.
Nufarm is asking for openness from Aussie farmers as foreign investors would increase competition with the industry.
After more than dismal last quarter financial reports, BlackBerry is contemplating its exit from the smartphone market.
Critics say the UK Prime Minister's Home to Buy scheme would only push home prices higher than expected.
