The US Securities and Exchange Commission has charged Mark Cuban of insider trading. Billionaire Mark Cuban is being hauled to court for insider trading.
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NZ's Meridian IPO well received
According to a statement from NZ Finance Minister Bill English, nearly half of the IPO shares in Meridian Energy was already spoken for by New Zealand brokers.
Telecom Italia CEO issue reflection of Italian political upheavals
Telecom Italia, a company considered strategic in the Italian political spectrum, is undergoing a change in leadership.
CSRC ends 18-year Treasury bond futures trading hiatus
China Securities Regulatory Commission had ended an 18-year trading hiatus on Treasury bond futures, said a Bloomberg report.
Europe IPO market booming compared to US
The large volume IPO companies have helped the European IPO boom. The cheap valuations and the strengthening economies were the main factors that put investments to full work in Europe, resulting in a sixfold volume increase in the third quarter for initial public offers in the region.
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The European Union had switched the burden to aid troubled banks from taxpayers to shareholders, big depositors and bondholders, said a Reuters report.
UK Prime Minister David Cameron flaunted his new housing plan at the start of his campaign for the 2015 elections last Sunday, said a Reuters report.
A new era of rigid fiscal scrutiny would be imposed by the European Commission to prevent repeated occurrences of financial turmoil and to aid the region's debt crisis.
After the Federal Reserve announced a halt on its proposed bond buying reduction program, the worldwide tension over the US monetary policy had also subsided, said a Reuters report.
Acquisition of previously owned homes had slumped in August while claims for jobless benefits became lesser last week which showed a contradicting signal regarding the health of the US economy.
According to four top US Federal Reserve officials, the central bank had confused financial markets after announcing a reduced monthly bond buying pace.
The US-India ties were seen to lose its shine over economic differences and was even admitted by India's National Security Adviser.
Orders for US manufactured goods declined in August which showed a possible sign of companies holding back their investments due to uncertainties in US government spending.
Greece international lenders had temporarily halted their latest bailout fund to Greece, according to a Reuters report.
