Top Chinese banks had been expecting to win approval for negotiable certificates of deposit worth CNY10 billion.
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Exchange law will help Kwanza trade, says Angolan Central Bank
Exchange law passed last year was done as a step toward increased kwanza trade. According to the Banco de Nacional de Angola, Angola's central bank, the amount of dollars sold at auctions by the central bank has been halved due to a foreign exchange law.
White Castle proposes USD20,000 charity fund to "Hunger Games" star
Responding to "Hunger Games" star Liam Hemsworth's burger claim, White Castle, through its representative, proposed a USD20,000 challenge for charity.
New Miley Single dominates iTunes
Fresh from her highly-criticised MTV VMA performance on Sunday, a new Miley Cyrus single topped iTunes' most downloaded digital singles.
Marcelo Maia Gomes takes the helm as new CEO of OSX
OSX Brasil names new CEO. As Eike Batista's OSX Brasil SA prepares to deploy an oil platform to back $500 million in bonds, the company has named a new CEO.
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The State Bank of India announced that it had expected to receive a total of INR4 billion in recapitalization from the government.
There were more than 110 China brokerages that would undergo government probe after Everbright Securities made a CNY23.4 billion buy order error.
Reliance Life announced to sell a 5% stake to private, public and cooperative banks. Reliance Life, a private insurer operating in India, said that it had planned to explore distribution tie-ups with a number of banks.
ONGC announced an acquisition deal for a 10% stake in Anadarko Corp priced USD2.6 billion. ONGC Videsh Ltd (OVL) had announced its planned acquisition of a 10% stake at Anadarko Corp.
Air India Express had announced it was looking at domestic expansion to be able to compete with three current budget airlines dominating India by the end of the year.
Markit, a financial data company, said that the US factory activities increased by 53.9% which was its best rise since March.
Amgen Inc. might announced the agreement to acquire Onyx Pharmaceuticals Inc. for USD 125 per share piece as soon as Monday.
Infosys Vice President and Financial Services Head for the Americas Sudhir Chaturvedi announced resignation following a previous exit of the company's head of global sales, Basab Pradhan.
The Reserve Bank of India would scrutinize pending foreign deals after the steep fall in rupee's value.
