Legal & Regulatory
US SEC denies rejecting settlement over money fund
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.
Nikkei: Obama to nominate Treasury Secretary Fed chief
Nikkei, a Japanese newspaper, reported last Friday that US President Barack Obama was close to picking ex-Treasury Secretary Lawrence Summers as the new head of the Federal Reserve Board.
Khloe Kardashian hopes for an anniversary miracle from Lamar Odom
Khloe Kardashian was said to hope for a wedding anniversary miracle from Lamar Odom who had allegedly facing drug issues.
Asia’s QE money heads out on a slow-moving train
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.