SEC said that they are ready for the Fabrice Tourre trial. The U. S. Securities and Exchange Commission announced that they head to trial for the fraud case against the former Goldman Sachs bond trader, Fabrice Tourre.
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SEC in “hot seat” for improper investigation of contractors
US SEC was put under pressure for improper contractor vetting. The US Securities and Exchange Commission (SEC) was placed in a "hot seat" for failing to do a proper background check on 40 to 70 contractors.
Emerging economies in fear of Fed and China slowdown
Emerging economies are set for a wake-up call as FED decisions and the China economy slowdown affects economic growth.
Is “Abenomics” the right prescription for Japan?
Prime Minister Shinzo Abe created the “Abenomics” policy for Japan's stagnant economy. On Sunday, Japanese Prime Minister Shinzo Abe will find out whether his mandate to end the country's economic stagnation will push through.
Multi-dollar rice invention scheme brings financial woes to Thailand
Multi-dollar rice invention scheme brought financial woes to Thailand. Moody, a ratings agency, warned Thailand of the risk "populist measures" would have on government finances.
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Private equity veteran T.J. Jubeir has been named as one of the board of directors of Capital Chapter of the Entrepreneurs Organization (EO-DC).
Nigerian Minister Aganga said the government wanted to build a venture capital sector. "We want to build a new sector called Venture Capital and private equity sector to support small and growing businesses in Nigeria," said Olusegun Aganga.
China's central bank announced interest rate reform. The central bank of China, the People's Bank of China (PBOC), announced that the floor on commercial banks' lending rates was removed.
According to RealtyTrac, home flipping was profitable but tapering off in markets with distressed bargains.
RetailMeNot priced its IPO at US$21 per share. The largest digital coupon marketplace in the world, RetailMeNot, announced the price of its shares that were up for grabs in its initial public offering.
Nelson Mandela received one of South Africa's smart ID cards as present for his 95th birthday. The ailing former South African president Nelson Mandela received quite an unusual gift for his 95th birthday.
The South African sovereign debt rating remained unchanged after government efforts to control the mining industry succeeded.
In a statement released today, U.S. President Barack Obama paid his tributes to ailing Nelson Mandela.
ESPY recognized Robin Roberts' efforts by giving her the Arthur Ashe Courage Award. Tonight, Robin Roberts received the Arthur Ashe Courage Award at the ESPYs.
