Turkey, EU to launch new round of accession talks next month
The European Union and Turkey would be resuming accession talks on November 5 after a three-year postponement.
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
Treasury Secretary says shutdown must never happen again
Jack Lew, Secretary of the Treasury, said a government shutdown must not happen again.
JPMorgan may not yet see end to criminal probe- sources
Sources told Reuters that the end to the probe of JPMorgan's criminal liability about the mortgage bonds it issued in the financial crisis could be far from over.
Boeing, Lockheed partner for Air Force bomber program bid
Boeing Co and Lockheed Martin Corp said they had formed an alliance to bid for the US Air Force long-range bomber program.
JPMorgan and FHFA forge settlement agreement
JPMorgan to pay FHFA USD5.1 billion as settlement for loans and mortgage backed securities issues.
Fukushima nuclear plant sustains no further damage from recent quake
No further damage was sustained by the Fukushima nuclear power plant from the earthquake that hit Japan's coast on Saturday.
7.3 magnitude earthquake hits Japan
An earthquake with a magnitude of 7.3 hit Japan's east coast early Saturday morning but no immediate land damage was reported.
FDA reclassifies hydrocodone-based painkillers as Schedule II substances
FDA has reclassified Vicodin and other hydrocodone-based pain pills as Schedule II, making them more difficult to get.
New Brunswick sets Startup Investment Fund with USD 5 million
The government of New Brunswick, a province in Canada, had invested USD 5 million for its Startup Investment Fund.
FIRREA law's coverage exempts no one
The investigation into improprieties related to mortgage backed securities hinges its legality in a 1989 law.
