Sovereign wealth funds

Emerging markets suffer fierce sell-off

The FTSE Emerging Markets index fell 1.7 % on Tuesday. (Photo : Reuters)The image is the flag of South America's largest economy, Brazil. FTSE declined from its peak last May to more than 10 percent.


Deals of the Day - Mergers and Acquisitions

The following bids, mergers, acquisitions and disposals were reported on Tuesday The following bids, mergers, acquisitions and disposals were reported on Tuesday:- Google Inc bought Israeli mapping startup Waze on Tuesday for just over $1 billion, a source familiar with the matter said, acquiring an online real-time mapping service to safeguard its lead in one of the most crucial aspects of smartphone usage.

Updates - Yen leaps sharply due to new measures of BoJ

Yen hit 96.47 gained 2% against the US dollar. (Photo : REUTERS) Investors were prompted to unwind some of their best bets against the yen, as a response to BoJ 's complacent reaction to the turbulent markets.

US stocks fall due to BOJ

The Bank of Japan's decision to maintain its monetary policy weakened the performance of US stocks.


Latest News

UK government bonds fell which raised 10 year yields to three year high level. (Photo : )People walking Government bonds from the United Kingdom continue to fall, pushing 10-year yields to its highest point in three years.
Due to high unemployment rates, the Philippines Stock Exchange Index fell 4.6 percent, its biggest loss since September 2011.
Japan's central bank holds back on new measures to calm turbulent markets. (Photo : REUTERS) Central bankers considered the idea to extend the maximum duration of cheap, fixed-rate funds offered via market operations from one year to two years.
Indonesian stocks fall to a four-month low after the rupiah suffers a setback, falling to its lowest level in three years.
SoftBank Corp. drove the growth of stocks in Asia led by Japan's gradual rise. (Photo : Reuters )Asian stocks declined and the euro plummeted to a three-week low against the dollar as fears of renewed recession in the United States forced investors to sell riskier assets.
The US Stocks were able to end up with little changes on Monday after the country's credit outlook was revised from negative to stable.
The following bids, mergers, acquisitions and disposals were reported on Monday. The following bids, mergers, acquisitions and disposals were reported on Monday.
Greece is required to sell off its energy company shareholdings as part of their bailout deal. (Photo : REUTERS)A Greek flag flies behind a statue to European unity outside the European Parliament in Brussels The largest refinery in Greece, Hellenic Petroleum was one of the assets identified in the privatization plan of the country.
Financial services agency Standard & Poor's revised its credit outlook rating on the United States to 'stable' from a previous rating of negative, citing instances of increased tax receipts.
Dangote Cement sells off 1.5% to an unidentified sovereign wealth fund for 45.8 billion naira. (Photo : Reuters)The image is of Africa's richest man, Aliko Dangote.
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