Stock markets from Asia and Australia prepared for a decline after the United States began to withdraw stimulus.
Sectors
Apax Partners closes fund at US$7.5 billion
Apax Partners' Apax VIII fund closed at US$7.5 billion. (Photo : Reuters)This is the logo of Apax Partners. Apax Partners, a globally leading private equity firm, said on Friday that it has received US$7.
Nikkei: Japan to Maintain FY2013 Spending Level
Japan planned to limit spending excluding payment of debts for the next two fiscal years. (Photo : Reuters)The image shows a man passing by the electronic board that displays Nikkei shares closing prices.
Fed Frees Money, Asian Markets Buckle Badly
Asian markets buckled badly after the Federal Reserve indicated eventual end to free money on Thursday.
UBS, Credit Suisse Debt Still Too High According to Swiss Central Bank
On Thursday, the Swiss National Bank announced that Credit Suisse and UBS must cut their debt levels that still top international rivals.
Latest News
Swedish big banks' capital strength are more vulnerable to risk than what appears on paper. (Photo : Reuters)The image is the face of a Swedish kronor bill.
Investors are pulling back from placing bets on emerging markets due to risks brought about by China.
Two high-frequency traders are seeking a merger. (Photo : Reuters)A handshake denotes a partnership between entities. RGM Advisors LLC and Allston Trading LLC are discussing future merger plans.
Banks from Switzerland are being pressured by European and United States governments to release private information.
The US and European governments won't be able to make any significant cut back on its deficits, according to investors.
Insurers and regulators are still unsure after recent proposals were made on the regulation of life insurance products.
The IMF released Ireland's aid fund for its bailout due to 'steadfast' economy. (Photo : REUTERS)The Irish flag flies above the General Post Office on O'Connell Street in Dublin The International Monetary Fund announced its approval of Ireland's bailout program.
Stephen Poloz, new central bank chief for Bank of Canada said on Wednesday that the bank can no longer rely on its usual models to assess the economy.
The US economy remained stuck at a sluggish pace after the Federal Reserve chairman suggested the US central bank was prepared to reduce its bond acquisitions.
