Sectors
South Korean Bonds Snapped Up By Foreigners
Foreign investors purchased a large volume of domestic South Korean bonds equalling net stock sales to foreign buyers overall.
Bets are on for China market crash
Patrick Wolff is betting that China's markets would crash. (Photo : Reuters)The image is a Chinese bourse board in the red. Patrick Wolff, the chess master who became a hedge fund manager is predicting a stock market crash to happen in China.
Al Baraka Bank to issue sukuk denominated bond
Al Baraka Bank of Bahrain to issue US$200 million sukuk bond. (Photo : Reuters)The image is the corporate logo of Al Baraka Bank. The Turkish unit of Al Baraka Bank is working on a US$200 million sukuk.
Citigroup names Zdenek Turek as Western Europe head
Citigroup named Zdenek Turek as new head of its Western Europe operations. (Photo : REUTERS)Citigroup Inc, which has lagged behind its peers in recovering from the financial crisis, said it is cutting 11,000 jobs worldwide, about 4 percent of its staff, to save as much as $1.




