With more companies opting to return earnings through dividends. economic growth now falls squarely in governmental action.
Deals
MMTC Stake Sale Kicks Off Government Divestment
MMTC Ltd. planned to raise 400 billion rupees through asset sales that were set at discounted 71% minimum bid price.
Hedge Funds Uses Recent Mexican Peso Sell-off
Macro hedge funds are using the recent sell-off in the Mexican peso as a buying opportunity. (Photo : Reuters)The image shows different currencies against the US dollar.
PIMCO fund cuts Treasuries and Mortgages Debt in February
The PIMCO Total Return Fund lowered its holdings of US Treasuries and mortgage debt in February as shown in the fund's website on Monday.
US$1 Trillion Public Pension Cuts Japan’s Bond, Increases Stocks
Prime Minister Shinzo Abe announced cutting down Japan's pension fund and focusing into stocks, away from government bonds.
Latest News
Foreign investors, such as China and Japan, have started divesting their US bond holdings. (Photo : Reuters)The image is a bunch of 'Benjamins' in a row.
Tesco stops orders from Bangladeshi supplier after finding structural defects in its factory. (Photo : Reuters)The image is the corporate logo of Tesco UK.
SOCAR, the Azeri state energy company, had started negotiations with the Greek government for the purchase of natural gas grid operator DESFA.
The bond market is awaiting the Federal Reserve Bank decision on quantitative easing. (Photo : Reuters)The image is the facade of the Federal Reserve Bank.
The Ambani brothers of India announced signing a US$2.1 billion Telecom Deal. (Photo : Reuters)The image is Reliance Industries' Chairman Mukesh Ambani.
Meraas Holding and Emaar Properties announced an engaged joint venture for the development of a premium lifestyle community, Dubai Hills Estate.
Egypt, after two years of political unrest, is nearing the completion of its deal with the International Monetary Fund.
Huishang Bank, due to the lack of clarity in the Shanghai Stock exchange, is set to list its IPO in the Hong Kong bourse.
Arabtec Holding announced on Sunday that is has signed a joint venture contract for US$629 million. (Photo : Reuters)The image is the facade of one of the projects of Arabtec.
