Many local and foreign private equity firms have been seeking the government of India to conduct investigations on alleged fraud and poor corporate standards of some portfolio companies.

The Third Plenum reiterated the central role of state-owned enterprises as well as the the large role markets play in the future of the Chinese economy.

In a recent study, the National Bureau of Economic Research said that combined costs associated with private equity fund investments are significantly huge. This essentially makes PE investments not so great in the long haul.

Nigeria-based Henshaw Capital Partners Founder and Chief Executive Officer Barbara James said Nigeria could build a USD 20 billion private equity industry by 2020.

A Wall Street Journal report said big banks were thinking of blocking traders from chat rooms as regulators intensify probes on market manipulation and collusion

Germany's coalition government formalized a measure to provide funds and expertise for a European bank to manage the loan agreements and if necessitated, closure of banks.

New broadcasting firm BT acquired exclusive rights to broadcast UEFA football games. BT had scored a coup in the multibillion pound sports broadcasting market.

Since the Facebook bungle, Nasdaq had been hard pressed to recover to list more tech IPO stocks in its fold.

Market acceptance at an IPO lull period is the message Twitter sent to all fellow start ups. The initial public offer of Twitter had sent a powerful signal to technology executives reviewing market floats of Silicon Valley startups.

A diplomatic stand off between Australia and Indonesia was averted when the Australian Immigration Minister had ordered the boat people be brought to Christmas Island.