Stock markets expect month-long rally due to Ramadan Effect

The holy month of Muslim was expected to bring nine times higher stock returns in predominantly Muslim states.


India's ASK Group sets up fund worth US$200 million

India's ASK Group stated it is launching a US$200 million fund that is to be invested in the country's top five cities.

Detroit Chapter 9 filing a rare occurrence

According to financial analysts, the filing of the city of Detroit for Chapter 9 bankruptcy protection does not usually occur.

Detroit City files for bankruptcy

Detroit City's officials announced today that the city filed for bankruptcy. The city of Detroit filed for bankruptcy today, making history as the largest city in the United States to ever perform such course.


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150,000 guests attended Comic-Con's 44th annual pop-culture festival kicked off last Wednesday.
Britain's Prince William and his wife Kate were waiting for the birth of their first child as the baby fever was expected to boost Britain's economy by GBP240 million.
Royal and Ancient Golf Club's chief executive Peter Dawson defended excluding women amidst the fear of losing revenue.
Politicians decided to boycott the Royal and Ancient Golf Club's British Open Championship due to men-only policy.
New York Governor Andrew Cuomo announced today that in 2014, New Yorkers can purchase individual health insurance for an average of 50% lower than current prices.
USA Network's television series called Suits partnered with Birchbox to make special-edition Suits-themed Birchboxes.
America's Missing: Broadcast Emergency Response Alert triggered debates on the unnecessary interruptions it caused.
Currency hedging requires an understanding of the market (art) and the actual exchange at a given time (science) to be insulated from currency value fluctuations.
International Hotelier Hilton Worldwide is looking at the possibility of expanding its presence in Indonesia.
Prospera Financial Services acquired TCA Financial Group LLC. Prospera Financial Services announced the acquisition of TCA Financial Group, LLC. TCA was founded in 2004 and has been attached to several professionals and financial advisers.