The US Securities and Exchange Commission, hoping for increased investor mobility, voted for the implementation of the JOBS Act.

Shangri-La Hotels and Resorts teams up with HHtravel and Private Jet Journeys for the launching of the "Shangri-La Private Jet Journey" program.

JPMorgan and Wells Fargo let go bonds worth around US$38 billion. JPMorgan Chase & Co. and Wells Fargo got back around US$38 billion of their riskiest investments in the first quarter as an increase in trading activity persuaded them the assets were easier and more simple to value.

Microsoft announced that it had officially concluded InRelease acquisition. Microsoft has now officially reported that it has concluded the purchase of InRelease, InCycle's business venture unit, a few weeks following the deal was revealed.

Enterprise application software company secures minority recapitalization from TA Associates but the deal's details were not released.

WineDirect and Vintank would merge to increase revenues through social media and commerce. Vin65, a firm of WineDirect, and Vintank formed an exclusive alliance to connect the social media data of wine industry with the ecommerce records of their clients.

Palatine secures GBP 150 million funding after the close of its second fund. Manchester-based Palatine Private Equity secured funding amounting to GBP 150 million, 55% of which were commitments from overseas investors at the close of its second fund.

According to Bain Capital, India's slowing down resulted in lack of investment opportunities. "India is slowing down," says Nikhil Raghavan, a principal at Bain Capital LLC.

Fitch affirmed Bahrain's credit ratings. The credit rating firm Fitch Ratings has affirmed Bahrain's credit ratings. These ratings were 'BBB' for its long-term foreign currency Issuer Default Rating (IDR) and 'BBB+' local currency IDR.

PSEi joined regional rally. The Philippine Stock Exchange index has joined the regional rally. The benchmark index closed at 6,360. 73, a rise of 52. 55 points or 0.