India 'investment hungry' like China - Standard Chartered

Standard Chartered organized this year's annual conference held in India by bringing African chairmen.


Four Provident execs jailed

Former Provident executives were sentenced to jail after pleading guilty for investment fraud. According to United States attorney John M. Bales' statement today, four executives from Provident Royalties, Inc.

A. Schulman withdraws bid for Ferro, shares nose dive

A. Schulman Inc dropped its bid for Ferro worth US$563 million after being ignored for months. A. Schulman Inc, a chemical producer, announced that it withdrew its bid for Ferro Corp.

FCC approves Sprint deals

The FCC approved Sprint's acquisition of Clearwire and SoftBank's investment on Sprint. After a unanimous vote, the Federal Communications Commission announced that it approved the transactions between SoftBank Corp, Sprint Nextel Corp.


Latest News

Minister of Food and Agriculture of Ghana Clement Humaldo urged investors to help cut down the losses from harvesting.
China and Switzerland signed in a free trade agreement today in Beijing. A new free trade agreement was signed by the governments of China and Switzerland today.
Investors said that the bond yield spike brought about by new jobs are signals to prepare their portfolios.
Asia's shipping industry was believed to be the best spot to experience recovery from the industry's worst slump.
Indonesia's cattle industry is receiving a long-awaited backing from Australian investors. After more than four years of wooing, the Indonesian cattle industry has successfully acquired much needed love from Australia.
Energisa takeover was pending court approval. A bid by Energisa SA to takeover Grupo Rede Energia SA was approved on Friday by the company's creditors.
The IRS proposed reform for the money market fund industry is set to tackle tax matters. On Wednesday, the US Internal Revenue Service recommended new regulations.
Asian stock became cautious while the European Central Bank held a summit and US payrolls report loomed.
A joint venture between Kenya Airways and KLM Royal Dutch Airline was granted 7 more years to operate.
The Iranian central bank has set the official dollar-to-riyal rate to 24,779. Iran's central bank has listed on its website on Saturday the new price of a dollar.