Legal & Regulatory
Capital and loan-loss provisioning of Chinese banks- factbox
Chinese authorities warned potential problems the Chinese banks could face if they don't beef up their capital requirements but Factbox figures from Reuters revealed a different scenario.
Philippines works to lure more Chinese investors
The Philippine government presented opportunities for investments in the country to Chinese investors at the CAEXPO.
Pentagon finalizes USD 4 billion missile defense contract with Lockheed Martin
The US government inked a USD 4 billion missile defense contract with Lockheed Martin. Pentagon announced that it had finalized a deal with weapons contractor Lockheed Martin to provide more missile defense equipment to the US and the UAE.
Hedge funds set to make money as Lehman Brothers makes full payout
Hedge funds that gambled on Lehman Brothers expected huge payouts as administrators finished recovering assets.