Sovereign wealth funds
Kim: World Bank aims 3% reduction in poverty
World Bank President Jim Yong Kim addressed the aims of the global lender to reduce poverty. (Photo : Reuters)President Jim Yong Kim of World Bank, gives a lecture on global creditor's goals.
Mayors: Cap on municipal bond would hinder growth
The U.S. Conference of Mayors said President Barack Obama's financial plan would hurt the economy.
Canadian investors want protection from Pakistan
Canadian investors fear the lack of transparency and inappropriate conduct from Pakistani government.
Cyprus government bonds now ineligible
The ECB announced that Cyprus government bonds are ineligible as collateral due to lowered credit rating.
Latest News
Senior vice minister Nishimura said that Japan needs a plan to boost growth. (Photo : Reuters)The image is a stack of Japanese yen. Yasutoshi Nishimura, senior vice minister for fiscal policy and economics, said that Japan must embrace new and solid growth measures to help the economy endure an upcoming consumption tax increase and other red ink reduction efforts.
Ireland's economy is still in recession as the end of bailout approaches. (Photo : Reuters)Ths is the flag of Ireland. The Irish economy dipped into a state of recession during the last quarter of 2012 and proceeded to contract until early this year, according to the new and revised figures posted on Thursday.
Temasek Holdings has again purchased shares in ICBC. (Photo : Reuters)China-focused private equity firm Fountainvest Partners, headed by ex-Temasek executive Frank Tang, has raised $1.
Abu Dhabi's Mubadala and Taiwan's Farglory are working for the completion of the Al Maryah project in the Middle East kingdom's free port zone.
As its debt drew near, Dubai increased asset sales to pay its US$30 billion worth of debt next year and another US$9.6 billion debt by 2015.
Apax Partners' Apax VIII fund closed at US$7.5 billion. (Photo : Reuters)This is the logo of Apax Partners. Apax Partners, a globally leading private equity firm, said on Friday that it has received US$7.
Stock markets from Asia and Australia prepared for a decline after the United States began to withdraw stimulus.
The US and European governments won't be able to make any significant cut back on its deficits, according to investors.
The IMF released Ireland's aid fund for its bailout due to 'steadfast' economy. (Photo : REUTERS)The Irish flag flies above the General Post Office on O'Connell Street in Dublin The International Monetary Fund announced its approval of Ireland's bailout program.
Russian president Vladimir Putin announced US$13 billion investment plan on Friday during the annual business forum held at St. Petersburg.