SOCAR, the Azeri state energy company, had started negotiations with the Greek government for the purchase of natural gas grid operator DESFA.
Sectors
Non-agency mortgages more favorable for investors
During the Morningstar Investment Conference, investors expressed their favor to non-agency mortgage loans.
Emerging Debt Trading Decline by 12% in 2013's First Quarter
Emerging debt market trading fell by 12% in the first quarter of 2013. (Photo : Reuters)The image is the facade of the New York Stock Exchange. The trading volume for debts from emerging markets declined by 12% in the first quarter of 2013 compared to the previous year.
Tesco pulls plug on Bangladeshi supplier
Tesco stops orders from Bangladeshi supplier after finding structural defects in its factory. (Photo : Reuters)The image is the corporate logo of Tesco UK.
Default risk rise as emerging corporate bonds swell
As the dollar wins over other currencies such as the rouble and peso, emerging corporate bonds increase.
Latest News
Aruba's credit rating now at BBB+ from A- according to Standard and Poor's. (Photo : Reuters)The image is the logo of Standard and Poor's 500.
The bond market is awaiting the Federal Reserve Bank decision on quantitative easing. (Photo : Reuters)The image is the facade of the Federal Reserve Bank.
Investors' insurance cost via credit default swap increased. (Photo : Reuters )This is an image of an investor looking at a visual representation of stock market figures.
The Ambani brothers of India announced signing a US$2.1 billion Telecom Deal. (Photo : Reuters)The image is Reliance Industries' Chairman Mukesh Ambani.
Fed Chairman Bernanke's announcements on quantitative easing is anticipated by the market. (Photo : Reuters)President Barack Obama's next choice to head the U.
Meraas Holding and Emaar Properties announced an engaged joint venture for the development of a premium lifestyle community, Dubai Hills Estate.
Egypt, after two years of political unrest, is nearing the completion of its deal with the International Monetary Fund.
Huishang Bank, due to the lack of clarity in the Shanghai Stock exchange, is set to list its IPO in the Hong Kong bourse.
Investors said that emerging market assets are prone to inflation, making them a very risky place to invest in.
