Merger and acquisition deals in India had slowed down after fears on US and UK anti-bribery laws threatened investment.
Legal & Regulatory
Indonesia wants Filipino businessmen to invest in city- PCCI
The PCCI said that Indonesia had invited Filipino investors to invest in Amurang City's infrastructure and transportation sectors.
Figures point to economic recovery, Fed still likely to ease bond purchases next month- economist
As data showed a recovery in the economy, an economist said the Federal Reserve would most likely stay on its September schedule to start easing its monetary stimulus.
Trading halt highlights Nasdaq’s lack of communication in technological failures- asset managers
Asset managers questioned the sufficiency of the communications efforts undertaken by Nasdaq when trading halts during technological crisis.
Pentagon says foreign investment still encouraged in the US
Pentagon said it still wanted foreign companies to do business in the US, but takeovers must not put national security at risk.
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A US judge had granted the request of American Airlines and US Airways for an earlier trial against the US Justice Department that intends to block the two companies' planned USD11 billion deal.
According to a Bloomberg report, the potential nomination of a Federal Reserve outsider made investors scramble for advice on whether the news would have an effect in financial markets and monetary policy.
Securities brokerage firm Everbright would be facing a bleak future as China Securities Regulatory Commission (CSRC) handed down a CNY523 million (USD85.5 million) fine and corporate suspensions for insider trading.
US District Judge Colleen Kollar-Kotelly said she wanted the trial against American Airlines and US Airways to be held before the US Justice Department's proposed March 3 date.
The Civil Aviation Authority of the Philippines said it is confident that the country would be able to regain its Category 1 rating when the US FAA would visit in the next two months.
George Koutsos was named the new Deputy Chief Executive of the Hellenic Financial Stability Fund, replacing Marios Koliopoulos.
The Federal Government of Nigeria lost USD 40 billion in downstream infrastructure investments for 76 non-producing oil leases.
Finland rolled out a EUR 9 billion plan enough to pay for welfare expenses of its aging population. The government of Finland agreed on a plan to ensure that it would have money to pay welfare costs for its fast-growing elderly population.
The new agreement between US and Swiss governments would allow payment of fines or deferment of prosecution from tax evasion committed by US clients.
