South Korea is temporarily suspending $7.3 billion fighter jet bidding South Korea announced that they are temporarily suspending the US$7. 3 fighter jet bidding initiated by the South Korea's Defense Acquisition Program Administration (DAPA).

The CFTC would be conducting a formal meeting to discuss its new rule on swaps. The US Commodity Futures Trading Commission (CFTC) announced for a formal meeting on July 12 to discuss how new rules apply abroad.

According John Wasik, the past week has been an abject lesson for investors who piled into bond funds this year.

New Century Real Estate Investment Trust raises $87 million from their trimmed IPO New Century Real Estate Investment Trust (REIT) announced that they were able to raise HK$676 million or an estimated US$87.

The Swiss Bankers Association (SBA) said last Friday that most of their UK resident clients would rather come clean and pay their taxes instead of paying one-off punitive tax payment.

The protests in Brazil, Egypt and Turkey should push governments around the world to provide crucial public services and opportunities to their citizens.

Brazilian are hitting the streets to show dissatisfaction Brazil citizens are hitting the streets in mass protests as they rally poor public schools, hospitals and transport.

Steven A. Cohen run SAC Capitol announced strong return of investments for the month of June Hedge fund firm run by billionaire Steven A. Cohen, SAC Capitol Advisors announced that they are seeing a strong return of investments in June despite the global market sell-off.

Due to stock market corrections, UBS announced that they are adjusting their portfolio Asset allocation strategists from UBS are saying that they are increasing their 'overweight' stance when it comes to equities.

Egypt stocks soar and debt insurance cost plummet after ousting of President Mursi After the military ousting of President Mohamed Mursi, Egyptian share soared 6% and debt insurance costs plummeted.