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.


Latest News

Thousands of fast food workers organized protests to demand higher wages after US federal minimum wages were said to be almost always without benefits.
181,000 gallons of asphalt that belonged to Goldman Sachs was burned after an explosion occurred at Elk Grove refinery.
Despite an European Council legal opinion, the EU maintains that the financial transaction tax issue is a misunderstanding.
A report from the Government Accountability Office showed improper disability payments were made to Social Security beneficiaries amounting to USD 1.3 billion.
India would be inaugurating is its insurance repositories on September 16. India's Insurance Regulatory and Development Authority's insurance repositories would be inaugurated on September 16.
The Bank Recovery and Resolution Directive for all EU members to recognize the Single Resolution Mechanism would be created after the German elections.
A Reuters report said that investors had started to take out their capital from emerging markets as Fed tapering loomed.
US regulators met with the stock exchange operators to talk about backing up the Nasdaq stock quotes processor which malfunctioned last month.
Verizon, US's biggest wireless provider, argued in a US Court of Appeals for the District of Colombia that the 2011 rule on net neutrality violated its First Amendment rights.
In her Reuters column, Allison Schrager asked a question that had continued to remain unanswered: How should people actually spend their retirement money?
Real Time Analytics