Larsen and Toubro, following the lead of the Singh government, is selling inflation pegged bonds to the market.

Inergy Midstream to purchase Crestwood Midstream for an estimated US$1.25 billion. Inergy Midstream LP is a pipeline partnership that was traded publicly a year and a half ago.

The M&A market is now primed for growth after a dip in the past few months. Cash rich companies are now in the midst of a mergers and acquisition spree that can help boost the European equities market rally after being stalled for quite some time.

Junk rated companies are riding the crest of yield seeking investors, regardless of the risks. The current European economic crisis has moved a rate cut this week, but this did not hinder the unstoppable search for profit from many fund managers.

BBVA Tier 1 bond has been made and called by many potential investors. The second largest bank in Spain, BBVA has received orders for over US$5 billion for the bank's additional Tier 1 non-callable perpetual five year bond.

Analysts and traders saw great fund inflows despite tumbling prices of gold and other commodities. Despite record losses for gold and other precious metals, many hedge funds and speculators continued to pour money into these investments.

Google's 4.4% increase helps S$P meet its averages in a dismal week. Earnings from Google buoyed a stock rise in technology shares last Friday. The gains from this market segment was unable to counteract the worst week in the S&P 500 since November.

AMD has reported a higher revenue compared to the previous year, flush with cash and a top notch development team.

Celltrion founder Seo Jung-jin is divesting his shareholdings because of speculative short selling. Last Wednesday, Celltrion Inc has named JP Morgan as advisor to assist the firm remove its linkages from its founder, Seo Jung-jin.

The former head of Credit Suisse's head of structured credit pleads not guilty to charges of overinflating prices in the subprime mortgage backed bonds market.