Regions
Tokyo Electric receives reprieve from debt through roll overs
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.
US shutdown near to being lifted as both sides negotiate over the weekend
Discussions between US President Barack Obama and House Speaker John Boehner to finish the budget gridlock besetting the US government.
ZTE Corp plan to expand to US market
The US is the next frontier for ZTE, as it partners with the NBA's Houston Rockets. The third largest smartphone seller in China, ZTE Corp, had laid out plan to become the one of the top three handset companies in the the next three years.
Yellen Fed Reserve nomination joins list of women as economic power players in US
Janet Yellen's nomination for the role of chief of US Federal Reserve would add her to the list of women who shape the US economy primarily dominated by men.