Archives

SAC Insider: Most Client Cash Will Be Redeemed by 2014

SAC Capital Advisors LP are faced with more clients redeeming their money that is predicted to be all gone by 2014, says SAC insider.


Brent Crude Trades Lower Than US$100 Per Barrel

Brent Crude trades lower than US$100 per barrel after OPEC keeps its production target constant. (Photo : Reuters)A gas station employee filling up a vehicle.

Food Safety Changes: The Key to Shanghui Acquisition of Smithfield

Shanghui International Holding Ltd. stated its key to success from acquiring Smithfield Food Inc. Wan Long, the chairman of Shuanghui International Holdings Ltd.

Prime Minister Abe Faces Strong Challenges as Japan’s Capital Spending Decreases

Capital spending for Japan slides off to a 5.2% rate in this year's first quarter making Abe face challenges of restoring pledged private investment.


Latest News

Nigeria sees the decrease on US oil sales imports as a chance for the country to have more oil industries opened.
China is directed to a more stable economy as President Xi Jinping announced manufacturer expansion.
SAC Capital Advisors LP is bracing for more than US$3.5 billion redemption notices from outside investors.
Mayor Kevin Johnson's efforts to retain the NBA franchise in the city of Sacramento succeeds after its approval by the NBA Board of Governors.
ENRC founders together with the Kazakh government is seeking to privatize the mining firm. The three pillars of Eurasian Natural Resources Corp is set to lead a consortium seeking to privatize the mining firm.
Murthy returns as Chairman of Infosys, a post he last held in 2011. Infosys Ltd, the second largest Indian IT services firm, has faced disappointing outcomes and decreasing market share in the past few months.
Telecom Italia Chairman Franco Bernabe, through an interview, updates the process of the buyout from Hutchison Whampoa.
Bilfinger is setting its sights to the Asian and North American markets for expansion. Bilfinger SE, the construction and industrial services conglomerate from Germany is planning to expand into Asia or North America through acquisitions.
After completion of prerequisites, the second tranche of the Euro bailout plan for Greece was released.
German, Belgian, French and other bonds have been falling in the world market. (Photo : Reuters)The image is a bond market trader grimacing at the numbers.