India-Pakistan LNG delivery agreement still to be forged
Only the issues of sovereign guarantees by Pakistan for the purchases of gas from India hinder the finalization of the agreement between the two countries.
Sovereign wealth funds
Saudi Arabia Tops Sovereign Wealth Spending League, Snatches the Spot From Singapore
Saudi Arabia's Public Investment Fund (PIF) has emerged as the world's most active sovereign investor in 2023, with deals worth billions of dollars.
IMF, World Bank Approve Historic $4.5 Billion Debt Relief for Somalia
The International Monetary Fund (IMF) and World Bank have approved $4.5 billion in debt forgiveness for Somalia...
Sebi upgrading surveillance for CommExes
India's securities market regulator Sebi is upgrading and strengthening its surveillance system on commodity exchanges (CommExes). Recently, Sebi has barred 16 commodity trading members from trading f..
BC Clean-tech alliance seeks $500-mln fund from Trudeau
B.C. clean-tech companies have requested Prime Minister Justin Trudeau to allocate a $500 million venture capital (VC) fund. An alliance comprising 51 clean-tech and investment firms from B.C. provinc..
Latest News
Benign inflation and weak labor market dictates Fed course on bond purchases
The US Federal Reserve would be making changes in its asset-buying program should a significant shift in the labor market and inflation would be seen.
Greece needs to put in more effort to grow local entrepreneurship - column
A Reuters article urged the Greek government to put more effort into investment programs that would encourage more local startups.
JPMorgan Chase & Co, US Justice Department face snag in USD 13 billion settlement- sources
Disagreements slowed down talks about the USD 13 billion settlement of JPMorgan Chase & Co and the US Department of Justice, sources told Reuters.
US Department of Justice's FIRREA strategy may affect relationship with Wall Street
Reuters reported that the use of FIRREA in the Department of Justice's case against Bank of America could change the relationship between Wall Street and the government regulator.
Investors react to the decision of the Federal Reserve
Various investors and strategists react to the decision of the Federal Reserve.
Chancellor Merkels' conservatives, SPD plans grand coalition government for Germany
Discussions for the formation of a grand coalition government in Germany had already begun.
Analysts see no changes to Fed monetary policy- report
A Reuters report said analysts did not see the US Federal Reserve making any dramatic policy changes any time soon.
Deals of the day
The following bids, mergers, acquisitions and disposals were reported on Thursday.
