Many Gulf markets registered losses as the region prepares for the possible military action to punish the Syrian chemical attack on civilians.
Sovereign wealth funds
Japan gov't to build USD470 million 'ice wall' to stop Fukushima leak
The government of Japan proposed today its JPY47 billion or USD473 million 'ice wall' project in the hopes of stopping the leakage of radioactive water from the Fukushima nuclear plant.
Poland to meet privatization target from smaller stake sales in 2014
Polands 2014 privatization target would be met through several sale of its stakes in listed firms. Poland had expected to meet privatization targets by 2014 through several sale of its stakes listed in companies.
China COSCO Holdings expansion paves path for Piraeus privatization
A deal between China COSCO Holdings and Piraeus would pave the way for privatization of the largest port in Greece.
Syria withdraws second tender offer to purchase white sugar
The Syrian government cancelled its tender to buy white 276,000 tonnes of white sugar two times after receiving only one offer from international traders.
Latest News
After a three year prohibition on share trading, Warba Bank shares are now available for trading in the stock market.
Russian Aviation companies signed deals amounting to more than USD 12 billion in the 2013 International Aviation and Space Salon (MAKS).
The Federal Reserve Bank of India said that it would not convert idle gold into bullion. India's central bank said it does not plan to convert the country's idle gold to bullion.
The Japanese government got the approval of a special panel to raise the national sales tax by 2014.
Proposals to overhaul the US tax system could eliminate the billions of dollars in tax breaks enjoyed by corporations.
Government protests and athletes' drug violations could imperil Turkey's bid for the 2020 Olympic Games.
The PCCI said that Indonesia had invited Filipino investors to invest in Amurang City's infrastructure and transportation sectors.
As data showed a recovery in the economy, an economist said the Federal Reserve would most likely stay on its September schedule to start easing its monetary stimulus.
Pentagon said it still wanted foreign companies to do business in the US, but takeovers must not put national security at risk.
