Japan, stretched to the limit because of the increase in foreign exchange funds, is studying to have the private sector manage the funds.
Archives
Royal Mail share values jump 40% since IPO
Royal Mail shares, criticized to be valued too low, had netted hefty profits for its investors. The Abu Dhabi and Kuwaiti sovereign wealth funds have respectively reported a profit of USD30 million each from their investments made in the recently sold UK Royal Mail.
Air France-KLM position for Alitalia capital increase remain unclear
Air France-KLM, a top shareholder in Italy’s Alitalia, did not make a clear position regarding a proposed capital increase to save the near-bankrupt air carrier.
Huawei: No large acquisition plans
According to German paper Welt am Sonntag, Deputy Chairman Guo Ping of Huawei said that the telecoms network does not intend to engage in any takeover plans.
TD Bank studying options to bid for Royal Bank of Scotland
The bid for Royal Bank of Scotland amounts to GBP8 billion and is being reviewed to be done by TD Bank.
Latest News
According to SNB President Thomas Jordan, protecting the Swiss franc is imperative for economic health.
A venture agreement was formalized by several prominent entities with the goal of creating 'Airport City' in the city of Manchester.
Taiwanese and Chinese ties strengthened with new equity exchange center in Fujian, China. A cross strait equity exchange center in Fujian is being set up by China and Taiwan.
A loan with lower interest rate is what Abu Dhabi's Tourism Development and Investment Co is seeking for the completion of its project in the United Arab Emirates.
Claiming inadvertence, a service tax audit discovered an unpaid service tax of INR1.75 billion for five years by Dubai's Emirates Airline.
According to a study, airport modernization programs are necessary to improve services. According to the study conducted by the aviation consultancy firm CAPA in partnership woth aviation IT solutions provider SITA, special provisions such as WiFi inflight, use of mobile devices, self-check in areas, biometrics and e-Passports should be implented in the new airports in India.
Banking regulators now are empowered to confiscate and break up a financial institution if bankruptcy would only hurt the economy.
Due to so-called 'exogenous shocks', Jordan leverages release of third tranche of the IMF funding.
The proposal to extend the debt ceiling another six weeks is untenable, according to US President Obama, causing a further delay in the deal.
