Sovereign wealth funds

Rio Tinto and Mongolia iron out key issues but there still remain a few

Davaadorj Ganbold said that major issues between the mining firm and the government have been ironed out but some still remain.


Oman projects total USD112 billion

In a MEED Projects Study, it was found that forty major projects in the Sultanate are in the pipeline with total cost to reach USD112 billion.

Countrywide verdict a major victory for US Justice Department- report

The US Justice Department scored a major win when a New York federal jury found the Countrywide unit of Bank of America guilty for mortgage fraud.

Turkey, EU to launch new round of accession talks next month

The European Union and Turkey would be resuming accession talks on November 5 after a three-year postponement.


Latest News

Sources told Reuters that the end to the probe of JPMorgan's criminal liability about the mortgage bonds it issued in the financial crisis could be far from over.
No further damage was sustained by the Fukushima nuclear power plant from the earthquake that hit Japan's coast on Saturday.
JPMorgan to pay FHFA USD5.1 billion as settlement for loans and mortgage backed securities issues. A settlement agreement was finalized between JPMorgan Chase & Co and the Federal Housing Finance Agency on claims over defective home loans and mortgage backed securities.
An earthquake with a magnitude of 7.3 hit Japan's east coast early Saturday morning but no immediate land damage was reported.
FDA has reclassified Vicodin and other hydrocodone-based pain pills as Schedule II, making them more difficult to get.
The government of New Brunswick, a province in Canada, had invested USD 5 million for its Startup Investment Fund.
The investigation into improprieties related to mortgage backed securities hinges its legality in a 1989 law.
State-owned lender Caixa Geral de Depositos would be selling a 6.11% stake in telecommunications firm Portugal Telecom.
Henan Dayou Energy said the country's regulators were investigating them for disclosing information illegally.
The state pension fund of Massachusetts ranked the first in private equity investments, according to a report from the Private Equity Growth Capital Council.
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