Former press mogul Conrad Black was barred from directorships by the US Securities and Exchange Commission and ordered him to pay USD4 million to Chicago Newspaper Liquidation Corp.
Sectors
China to relax investment rules
China's State Council would be reviewing the laws and regulations regarding foreign investments in the country.
U.S. jobless data supports reduction of Fed bond buying
A number of Americans filing jobless claims fell to a near six-year low last week following the increase in consumer prices last July.
Philippine Commission on Audit announces tighter guidelines for public fund release
The Philippine Commission on Audit asked the Department of Budget and Management to issue guidelines for the release of public funds for different local projects.
Bahrain’s Investcorp to sell Skrill for USD794 mill
Bahrain based Investcorp announced the sale of Skrill to CVC Capital Partners in a deal priced at USD79 million.
Latest News
The Bank of England's record low interest rates were doubted after an unexpected dissent from its policymaker and its robust jobs data.
China launched a fresh three-month slate to intensify its probe against rampant bribery in the medical services and pharmaceutical sectors in the country, according to the official Xinhua news agency.
Gap and Urban Outfitters showed top earnings in retail apparel. Top 2 apparel retail companies are set to report earnings as the back-to-school season starts next week.
General Electric pursued its renewable energy program in Estonia after abandoning a solar plant project in the United States.
German bonds declined on its second week signaling an improved damp demand for the euro region's safest fixed-income assets.
A newspaper reported that German regulator BaFin probed Deutsche Bank over its anti-money laundering control.
U.S. consumer prices went up as predicted in July. U. S. consumer prices went up as predicted in July. This increase may console officials of the Federal Reserve program who have been worried about low inflation while they evaluate process on cutting down massive bond buying schemes.
Greek politicians are coming to a head on the issue of home foreclosure auctions. Greece would be lifting its restrictions on the implementation of home foreclosures in order to give banks the leeway to recover its bad loans.
Cheraman Financial Services announced today a proposed plan of funding different infrastructure projects in Kerala.
