Legal & Regulatory

Jordan receives third tranche of IMF funding

Due to so-called 'exogenous shocks', Jordan leverages release of third tranche of the IMF funding.


Republicans blame Obama for continued impasse

The proposal to extend the debt ceiling another six weeks is untenable, according to US President Obama, causing a further delay in the deal.

UK withdraws certification to Wockhardt

Because of the failure to maintain good manufacturing standards, the UK regulatory authorities have withdrawn Wockhardt's certification of good standing.

Alleged Libor manipulation further eroding trust: Jain

Co-CEO Anshu Jain of Deutsche Bank said investigations of wrongdoing further eroding public trust in financial markets.


Latest News

China had formally protested bilateral ties between the European Union and Taiwan. Beijing raised objections to the actions done by the European Parliament to build closer trade ties with Taiwan.
With Congress working feverishly, the current budget impasse and the debt ceiling may become an economic superstorm.
According to a Reuters report, world leaders should not ignore issues surrounding global economic security.
Tokyo Electric's debtors allow debt roll over for the stricken power utility firm. Twenty eight financial institutions, including Sumitomo Mitsui Banking Corp have agreed to roll nearly a JPY77 billion or USD783 million syndicated loan for Tokyo Electric Power Co due to become mature by month's end.
Discussions between US President Barack Obama and House Speaker John Boehner to finish the budget gridlock besetting the US government.
Bank of Canada Governor Stephen Poloz expressed disappointment as to the country's economic performance despite signs of regained momentum.
Jitendra Bhargava details the corruption and the mismanagement that led to the collapse of Air India.
Major broadcasters including Fox Television Stations had appealed to the Supreme Court in the hopes of stopping the streaming services of tech startup Aereo.
US Federal Reserve Chairman nominee Janet Yellen saw no problem in tackling both issues in US unemployment and monetary policies.
Reuters Factbox revealed that should the political impasse in Washington continue, it would risk defaulting on some debt payments starting October 22.