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.


Latest News

The Federal Trade Commission stamps seal of approval for the acquisition of Arbitron, the radio audience measuring firm, by Nielsen, the television measuring giant.
The Commodities Futures Trading Commission had announced the approval of the applications to operate swap execution facilities for TruEX Group LLC and IntercontinentalExchange Inc.
Germany's new leaders after its recent elections would reflect the future of not only the country but of the EU as well.
The latest German elections predicts a win for Chancellor Merkel with a slim margin. German Chancellor Angela Merkel, according to pollwatchers, would most likely win but had to fight to the last vote to keep her majority in the German parliamentary elections.
Warren Buffett, the billionaire head of Berkshire Hathaway, said that a possible standoff on the debt ceiling would be costly.
The return by Egypt of USD2 billion to Qatar is a sign of growing tensions between the two countries.
The Indian telecom department is nearing the completion of the new policy guidelines to govern the mergers and acquisitions in the industry.
Reuters reported that Monte dei Paschi di Siena was slated to announce a drastic recovery plan to avert a government takeover.
Global equity funds recorded the highest inflows the week before the US Federal Reserve announced its monetary policy.
The European Union and Singapore concluded a free trade agreement that would make doing business easier and more transparent for both countries.
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