Agustin Carstens, Governor of the Mexican central bank, asked the US Federal Reserve to clarify its plans for the reduction of its monthly bond purchases.
Sovereign wealth funds
Indonesia raises IDR 12 trillion in bond offering
Indonesia gathered IDR 12 trillion in its most recent bond offering, beating an initial target of IDR 8 trillion.
Telekom Austria looks to raise EUR500 million
Telekom Austria plans to raise EUR500 million to buy new frequencies and acquire companies. With the objective of purchasing new frequencies in a September auction and acquiring companies, Telekom Austria has planned to raise EUR500 million in fresh capital, the Der Standard reported.
Structural adjustments needed for China’s economic growth
China's Vice Finance Minister says there is no need for Chinese government to stimulate the world’s No. 2 economy.
US agreed on USD500 million Indonesia Apache deal
A military source told Reuters that the US had finally agreed on selling AH-64E Apache combat helicopters to the Indonesian army, and are still in talks to iron out the terms of the deal.
Latest News
The presence of wild pigs had become a huge problem in the United States. Agriculture authorities in the US said wild pigs had become a tremendous problem in the country.
Argentina lost an appeal in a 2nd district circuit court in New York and deemed to wait until the US Supreme Court had finished reviewing their case.
GIC, Singapore's sovereign wealth fund made an offer to purchase Blackstone's Broadgate asset.
China's central bank said it would include all loans issued by trust companies in its database in an effort to curb risky lending.
Canadian investment manager Brookfield Asset Management Inc was able to raise USD 1 billion for its fifth fund.
Norway said its sovereign wealth fund could now include Africa Israel Investments and its subsidiary company Danya Cebus in its investment portfolio.
Indonesia's two main state pension funds increased their stock purchases, which helped pare losses for Jakarta's battered share prices.
The British government's 'Help to Buy' program increased Persimmon's spring sales.
Recent survey results conducted by Chinese economists feared that the local government loans will amount to future problems for the state.
