Japan opens fund for Africa Resource Projects Japan is planning to grant US$2 billion financial support for Japanese firms in the next five year. The available funding would enable them to continue their natural resources development projects in Africa.
Sectors
GM to Further Grow as Investor Confidence Increases
GM is set to grow further as investor confidence increases. The optimism on General Motors is increasing by the day, as the Treasury Department is boosting investor confidence by preparing for the sale of its shareholdings in the Detroit automaker.
Yahoo Acquires Tumblr
Yahoo has just announced the acquisition of Tumblr. The board of directors of Yahoo Inc has just recently approved a deal to purchase Tublr, the blogging and social networking site.
Quantitative easing is losing its lustre
Quantitative easing fsils in terms of volatility of investments done by managers. Investors would be pushed to hold on to more cash rather than place them in risky investments, if one follows the precepts of quantitative easing.
Top Euro officials call for overhaul
Top European economic officials hope to fix process to avoid repetition of the chaos that occurred during the Cyprus bailout proceedings.
Latest News
Loeb shares insights on its investment ideas on Japan and his style. Daniel Loeb, the billionaire investor is not one to shy away from a good deal but as of the moment, he has his eyes set on Japan.
UK Pension Funds start trying out leverage funds, often to seek high yields yet are unprepared for the high risks.
Billionaire Victor Pinchuk files for breach of contract and breach of trust against fellow Ukranian moguls.
Saudi Arabian shares increase led by property and petrochemical companies. The majority of the increases in the benchmark stock index of Saudi Arabia was attained in the last four months.
Hans Peter Haselsteiner calls out Conwert governance structure. Investor Hans Peter Haselsteiner is planning to call a special stockholder's meeting for Conwert property group.
Berry Plastics provide customized packaging solutions for the most well known brands in the market today.
Alpine to discuss with its mother firm FCC as to financial options in the future. The Austrian division of Spanish construction group FCC, Alpine will host discussions with the company owners regarding how to fulfill its financial requirements and other possible options, according to Arnold Schiefer, Chief Executive Officer of Alpine.
Home Depot is poised for greater growth as the housing market recovers. With the housing market on the upswing, with US home prices on the rise, this not only helps the housing market itself but accessory markets as well.
Piraeus Bank, in order to meet obligations, has hired four banks to help in its share issues and woes.
