China is directed to a more stable economy as President Xi Jinping announced manufacturer expansion.

US stocks were sold off yet government bond yields increased. With the rising sentiments of consumers about the Federal Reserve's next step, the US stocks that were sold and the bond yields from the government increased.

Held in Yokohama, the Tokyo International Conference of African Development gave a $32 billion fund to aid the economic development of Africa.

Arabtec is preparing to do a rights issue worth around US$650 million. Arabtec, the contractor based out of Dubai and partly owned by Aabar Investments of Abu Dhabi, is now preparing for a US$650 million rights issue scheduled on June 9.

Spain is planning to sell 15 year syndicated debt in light of the low yields of previous issues. Spain, in a bid to increase its liquidity, is planning to issue a 15 year bond sale through chosen banks this year.

Nebras Power would invest overseas. Qatar has created a US$1 billion investment firm to expand its businesses in Barclays Plc to power and water assets in foreign countries.

GM is set to grow further as investor confidence increases. The optimism on General Motors is increasing by the day, as the Treasury Department is boosting investor confidence by preparing for the sale of its shareholdings in the Detroit automaker.

Congo's Inga 3 project has received commitments to be built to address current shortfalls and future rising demand for electricity in Africa.

Japan opens fund for Africa Resource Projects Japan is planning to grant US$2 billion financial support for Japanese firms in the next five year. The available funding would enable them to continue their natural resources development projects in Africa.

Qatar Holding would be investing in the Porta Nuova Project in Milan. Qatar Holding have announced that it would be acquiring 40% of a US$2. 56 billion real estate project located in Milan, Italy.