VENTURE CAPITAL POST

Former Federal Reserve Chairman Ben Bernanke said that China's economic slowdown should not worry markets as there was no risk of a hard landing, and emphasized that a move to raise U.S. rates should be viewed as a positive sign for the world's largest economy.

Ben Bernanke, former chairman of the U.S. Federal Reserve, has agreed to become a senior adviser to Citadel Investment Group, a $25 billion hedge fund founded by billionaire investor Kenneth Griffin, the New York Times reported on Thursday.

Investors remain inclined to take markets higher in the absence of anything that would suggest equities should fall. The market seems to have hit a stage where strong data helps and weak data affirms the Fed's intentions to keep policy accommodative, which also helps stocks.

US Federal Reserve Chairman nominee Janet Yellen saw no problem in tackling both issues in US unemployment and monetary policies.

US President Barack Obama would nominate the Vice Chairwoman of the Federal Reserve to replace outgoing chairman Ben Bernanke whose term ends in January next year.

Lawrence Summers, ex-economic aide to US President Barack Obama, had withdrawn from consideration to succeed Federal Reserve outgoing chair Ben Bernanke.

According to a Bloomberg report, the potential nomination of a Federal Reserve outsider made investors scramble for advice on whether the news would have an effect in financial markets and monetary policy.

Federal Reserve must dissolve bond-buying program quickly, according to Richmond Fed leader Jeffrey Lacker.

Investors have now raised their longer-dated Treasuries after Bernanke appeased their worries.

Emerging economies are set for a wake-up call as FED decisions and the China economy slowdown affects economic growth.

Bernanke's testimony caused world stock markets to waver between gains and losses.

Bernanke speech and US retail sales sent most Asian stocks down.

PSEi joined regional rally.

Higher US bond yields were good news for investors.

Credit Suisse's falling stocks boded ill for other Swiss stocks.