Archives

Source: CFTC close to a deal on cross-border policy

CFTC was close to a compromise on how the regulator's rules applied to foreign corporations dealing with banks in the US.


Pacific Rim scores Asia, so-so in Australia

Sci-fi flick Pacific Rim reported high numbers on its opening day, especially in Asia. Guillermo del Toro's science fiction movie 'Pacific Rim' joined the three-way race for the number one spot in this week's Hollywood blockbuster ladder.

Oriens: US$30 million merger/acquisition, a future possibility

According to Oriens, a US$30-million merger/acquisition was a future possibility. Oriens Travel & Hotel Management Corp. (OTHM) announced that the FROL Booking Engine exceeded the company's expectations.

Bernanke speech fuels stock market

After the speech of Ben Bernanke, stocks surged. After delivering his anticipated speech last Wednesday, Ben Bernanke seemed to be the extra fuel that the stock market engine needed to go full blast.


Latest News

Neptune increased its stake in Acasti Pharma Inc. Neptune Technologies & Bioressources Inc. announced Friday its acquisition of 6,750,000 Class A common shares from Acasti Pharma Inc.
Angela Merkel wanted to push for free trade but told EU allies not to sweep America's secret surveillance under the carpet.
The increase in interest rates and decrease in stock price took off the glow in consumer sentiment. In early July, fears regarding increasing interest rates and decreasing share costs dinged US consumer sentiment.
Gagfah will be offering 40 million shares to raise capital. Gagfah, a German real estate group, announced last Tuesday that it will be offering 40 million shares to raise capital.
Calpers, a US $259 billion fund, delays the launching of its database that would make known information about their pensioners.
A global blueprint that was supposed to eradicate manipulation of benchmarks was expected to stumble due to patchy implementation.
The Financial Stability Oversight Council designated American International Group and GE Capital as systemically important to the financial system.
China trade outlook worsens as exporters lose trading confidence. China trade outlook worsens as exporters lose trading confidence. Traders are apprehensive as they face weak external demand, along with rising labour costs and the seen rise of the yuan currency.
Last Monday, the Indian government said that it would give preference over locally made electronics goods for procurement in the government and private sector.
Fund manager John Paulson lost 65% worth of its gold fund this year after the portfolio fell by 23% last June.