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Chinese market scares off emerging market investors

Investors are pulling back from placing bets on emerging markets due to risks brought about by China.


Appeals court on Delta vs Ex-Im Bank: decision stands

A United States appeals court lets stand Ex-IM's loans. (Photo : REUTERS)The Delta airline logo is seen on a strap at JFK Airport in New York A United States appeals court lets a two-year old decision by the United States Export-Import Bank stand this Tuesday.

Allston and RGM eyes merger

Two high-frequency traders are seeking a merger. (Photo : Reuters)A handshake denotes a partnership between entities. RGM Advisors LLC and Allston Trading LLC are discussing future merger plans.

Swiss banks' privacy under pressure from US and Europe

Banks from Switzerland are being pressured by European and United States governments to release private information.


Latest News

The IMF released Ireland's aid fund for its bailout due to 'steadfast' economy. (Photo : REUTERS)The Irish flag flies above the General Post Office on O'Connell Street in Dublin The International Monetary Fund announced its approval of Ireland's bailout program.
Foreign banks recently invested in many local companies pushing the country's merger and acquisitions march forward.
Stephen Poloz, new central bank chief for Bank of Canada said on Wednesday that the bank can no longer rely on its usual models to assess the economy.
The US economy remained stuck at a sluggish pace after the Federal Reserve chairman suggested the US central bank was prepared to reduce its bond acquisitions.
Lloyds Banking Group must plug a capital shortfall of GBP8.6 billion after Britain's banking regulator announced new rulings on Thursday.
Finance ministers in the Euro zone agreed to systematically rescue important banks with a Eur60 billion bailout fund.
Investors used the mid-year point to review fund portfolios making requests to pull out cash from hedge funds increase in June.
Russian president Vladimir Putin announced US$13 billion investment plan on Friday during the annual business forum held at St. Petersburg.
Stockholders at Trio Merger approved merger with SAExploration during the special meeting held today by the company.
Jefferies & Co backed billionaire Carl Icahn's bid for the computer maker Dell Inc. with US$5.2 billion loan.