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A strategic alliance was born in currency trading fraud - federal investigators

Federal regulators had a suspicion that currency traders have bonded together to increase costs of foreign currencies in order to gain on their investments.


Foreign aid monitor website up by Philippines to track typhoon aid

The government of the Philippines would be launching an online portal designed to provide information on how foreign assistance had been spent, especially for the government's response to help the victims of Typhoon Haiyan.

Anonymous hackers breached US government websites - FBI

US investigators assigned to the hacking incidents done by Anonymous have yet to determine the scope of the cyber campaign of the hacker collective on the state's government agencies.

Japan to reconstitute massive pension fund as separate entity - report

According to sources who were familiar with the proceedings, the government of Japan will be making the USD1.2 trillion Government Pension Investment Fund (GPIF) exist as a separate entity in order to diversify its investments.


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Becky Pritchard conducted an investigative report for the Wall Street Journal about how private equity had embedded itself deeply in an average consumer's life.
Private equity and hedge fund firms had set their sights on placing bets in infrastructure projects, stalled government transportation projects like railways and ports in particular.
Australian Workers Union head Paul Howes said the need for Australia to have a fresh injection of capital was more important than considering the sentiments of union workers at GrainCorp regarding the sale of the company to US-based Archer Daniels Midland.
Ireland's largest stockbroker Davy Group bought rival Prescient Asset Management Holdings Ltd. for EUR2 billion. This is Davy's second raid against competitors after it acquired a stake in Bloxham Stockbrokers last year.
Singaporean investment firm Temasek divested its holdings in US-listed companies Facebook, Monsanto and Air Products & Chemicals. The private equity firm, however, remains focused on energy, healthcare and technology stocks in the US.
Dell president and chief commercial officer Steve Felice will be leaving the company barely a month after it was acquired by Dell CEO Michael Dell and private equity firm Silver Lake.
Private equity firm Vista Equity Partners has acquired event software company Active Network. The deal amounted to around USD1 billion with Active Network selling 57 million shares priced at USD14.50 apiece.
New Silicon Valley venture capital firm Luminari Capital obtained a USD8 million funding from pay-TV giant British Sky Broadcasting Group. Sky said that it wants to increase is exposure to US tech startups.
Debuts of Infinis Energy, Just Retirement and TCS Group on the London Stock Exchange were less than outstanding, according to a report by The Independent.
The CDC Group, the development finance institution of the UK government, will be pouring more investments in India despite the sluggish economy, delayed reforms and a competitive private equity market.