The Chinese smartphone industry boosted the production of chips in Korea, making investors in the industry in charge of the market.
Industry
Infant Milk Price Cuts from Nestle and Danone as a response to China's probe
Two food giants, Nestle and Danone faced China's probe on the food sector for unethical practices with price cuts on infant milk formula.
Rongsheng Share Trading in HK Bourse Halted
Shipbuilder Rongsheng shares were stopped from trading in the Hong Kong Stock Exchange. (Photo : Reuters)The image is the Rongsheng Shipyard now under pressure.
Carbon Market Glut-Fix Plan gains Approval from EU Parliament
The European Parliament approved a plan that would fix carbon market glut and resolve problems regarding its price plunge.
Augmented reality investments will rocket - analysts
Analysts said that investments on augmented reality technology will grow within the next few years. (Photo : Reuters)Motion response is a principle in augmented reality technology.
Latest News
India's CPSE was urged by the finance minister to either invest its surplus funds or give to those who will.
A research analyst said that investment banks are eyeing a launch of hedge funds targeting the retail sector.
BlueCrest Capital Management's BlueTrend hedge fund slumped by 16.9% that was expected to reflect a US$2.7 billion loss in the main fund.
Global shares increased as the ECB lowered interest rates. (Photo : Reuters)This is the logo of the European Central Bank. The European Central Bank made it easier for private equity firms and ventures to invest in the region as it lowered its refinancing interest rate.
A study conducted by S&P found that BBB- and higher investment grade companies own majority of debt.
The Monetary Policy Committee would keep the quantitative easing and benchmark interest rate unaltered as the new governor tries to drive UK away from financial problems.
Voestalpine hired Seimens and Mildex to build Texas plant for $713.5 million (Photo : Reuters)Voestalpine awarded a $713. 5 million to Siemens and Midrex to build Texas plant Voestalpine, the international steel company based in Linz, Austria, awarded a $713.
Statoil annnounced their plans to build new pipelines to connect 2 North Sea fields (Photo : Reuters)Statoil announced plans to build new pipeline Statoil announced that they, along with four partners plan to build an oil pipeline that would connect the Ivar Aasen aand the Edvard Grieg oil pipeline to existing oil pipelines in the North Sea.
Jurdicia announced the generation of US$17.5 million cash proceeds from partial investments (Photo : Reuters)Jurdicia announced generation of of US$17.
