People

Mining Mogul Nathan Tinkler Reaches Settlement with Blackwood Corp Ltd

Nathan Tinkler agrees to a settle a US$12 million agreement with Blackwood Corp Ltd for a lawsuit filed against him for insolvent trading.


China Offers US$3 Billion Worth of Loans to 10 Caribbean Nations

President Xi Jinping offered a total of US$3 billion loans to 10 Caribbean nations however no direct confirmation was made by the Chinese government.

Cohen To Shed Off Staff Number As Investigation Pushes More Investors Away

Steven A. Cohen is at the brink of cutting down a number of his staff after more investors are expected to pull out their money.

UBS Wealth Management Senior VP Died at Age 69

At age 69, the UBS wealth management senior vice president George Weiler III died after suffering a heart attack.


Latest News

China is directed to a more stable economy as President Xi Jinping announced manufacturer expansion.
Murthy returns as Chairman of Infosys, a post he last held in 2011. Infosys Ltd, the second largest Indian IT services firm, has faced disappointing outcomes and decreasing market share in the past few months.
Kinder Morgan Energy Partners LP has announced the cancellation of a $2 billion worth of project for Freedom oil pipeline.
The US Treasury has announced suspension of pension funds to raise its debt limit. The US Treasury announced last Friday the suspension on pension funds payment.
Dell urges its shareholders to support founder/CEO Michael Dell's buyout proposal. Dell Inc. has called on to its shareholders for the approval of a $24.
Held in Yokohama, the Tokyo International Conference of African Development gave a $32 billion fund to aid the economic development of Africa.
Digital currency companies are rushed to comply with anti-money laundering acts after Liberty Reserve gotten held up for an alleged money laundering scheme.
With the ongoing insider probe, more investors are pulling out their investments from SAC. With tremendously huge $3. 1 billion client money, Magnitude capital started getting back its funds during the first quarter of the year.
Morgan Stanley files petition to prohibit former brokers to reach out to current staff in their old office.
Former CIA Director David Petraeus joins KKR to head a new 'institute' within the firm to evaluate investments in emerging markets.