Mark Carney, Chairman of the Financial Stability Board, said banks had infused fresh capital amount to half a trillion dollars since 2009.
Legal & Regulatory
Chevron wins Lithuanian shale gas tender - Lithuanian gov't
Sole bidder Chevron won the Lithuanian tender for shale gas exploration, the government said in a Twitter announcement.
France plans tenders for hydroelectric concessions in 2014
France would start tenders for its hydroelectric power concessions by next year. France said it intended to start tenders for hydropower concessions in the first half of 2014.
Wison's major shareholder cooperating with China authorities on corruption inquiry
Wison Engineering Services Co. Ltd, is cooperating with Chinese authorities investigating the corruption allegedly committed by the current state assets regulator during his tenure as PetroChina head.
OTP Bank prepares offer for state owned shares in Takarekbank
OTP Bank had prepared to purchase the shares owned by the Hungarian Post Office and the Hungarian development bank.
Latest News
Mumbai-based Kingfisher Airlines sued International Aero Engines for engine defects. Mumbai-based Kingfisher Airlines Ltd filed a lawsuit against International Aero Engines (IAE) for defects in the planes' engines.
A deal between China COSCO Holdings and Piraeus would pave the way for privatization of the largest port in Greece.
The European Commission approved the restructuring plan of BCP, Portugal's largest listed bank.
The Syrian government cancelled its tender to buy white 276,000 tonnes of white sugar two times after receiving only one offer from international traders.
The Japanese government said it would use public funds to deal with the radioactive water emanating from the Fukushima nuclear plant as Tepco appeared overwhelmed by the problem.
The Central Bank of Malaysia said no to the proposal of BIMB Holdings to issue Islamic bonds to fund its purchase of Bank Islam.
Reuters reported that five of HTC's employees were jailed over the weekend over trade secrets breach claimed by the Taiwanese mobile phone maker.
Two of Everbright Securities senior executives resigned after severe penalties amounting to were imposed on the company for allegations of insider trading and other illegal activities.
Etihad plans to invest USD600 million in Jet Airways after approval from Indian authorities. Etihad extended the regulatory clearance deadline of its USD600 million deal with Jet Airways.
