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.
Industry
SEBI creates guidelines for Indian angel investors
Angel investors in India opposed a new three-year lock in rule by Sebi. (Photo : Reuters)This is an image of the Indian flag. The biggest angel investor group in Asia, India Angel Network, stated its apprehension over Sebi's proposal to do a lock in period for angel investors lasting three years.
African Finance Corporation invests $250 million in power sector
The African Finance Corporation handed $250 million worth of power-systems investment as part of Power Africa.
Chip industry investors reap rewards
The Chinese smartphone industry boosted the production of chips in Korea, making investors in the industry in charge of the market.
India to draft new rules on surplus funds
India's CPSE was urged by the finance minister to either invest its surplus funds or give to those who will.
Latest News
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.
Ben S. Bernanke's, Federal Reserve Chairman, statement continued to rattle markets. Investors pulled out around US$60 billion.
Angle Energy Inc is looking into putting itself on the market. (Photo : Reuters)Angle says that it may put itself on the market Angle Energy Inc said that it may put itself on the market.
Chinese firms advanced after its stocks rose following the rally of consumer discretionary companies, property developers and coal producers.
GSK under scrutiny from China's NDRC. (Photo : Reuters)GSK under probe in China The National Development and Reform Commission or NDRC began a survey concerning production costs of over 60 firms situated in China.
