Finance ministers and central bankers from the world's top economies are set to back mandatory capital surcharges on big lenders of as much as 2.5 percent to be phased in beginning in 2016.
With one-third of the Dow components and crowd favorite Apple reporting results next week, U.S. stocks are setting the stage for another week of gains.
The Chung-Hua Institution for Economic Research (CIER) reduced its forecast for the country’s economic growth this year to 4.58 percent from its previous 5.02 percent estimate.
The advantages of doing business and investing in India include a federal government system with clear powers established between the central government and state governments, a liberal and friendly investment climate, and liberal and clear policies on foreign direct investment from other major economies of the world.
Stock index futures pointed to a higher open for equities on Wall Street on Friday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 up 0.6-0.7 percent.
Sri Lankan-born Hedge fund tycoon Raj Rajaratnam was sentenced to 11 years in prison for the biggest hedge fund insider trading case in the U.S., but the verdict was not as stringent as legal circles had predicted.
The BSE Sensex pulled higher on Friday after a sluggish start as investors awaited monthly inflation, which would set the tone for the RBI's monetary stance.
Add some more private equity bigfeet to the cluster that may be looking to acquire Yahoo: Kohlberg Kravis Roberts and Blackstone Group.
JPMorgan Chase & Co.'s third-quarter earnings fell 4 percent as the European debt crisis pushed investment banking clients to the sidelines, but results were helped by an accounting gain the bank can take when markets are in turmoil.
A billionaire and one-time hedge fund industrialist Raj, Rajaratnam who was arrested in the biggest Wall Street insider-trading is set to face his punishment in a Manhattan courtroom Thursday.
At the culmination of his last muckraking documentary, 2009's Capitalism: A Love Story, Michael Moore said he was not going to make another film until someone else -- a group, a movement, an individual, anyone -- stepped up with their own dissonant voice.
Days before third quarter earnings season began on Tuesday with Alcoa’s (NYSE:AA) earnings report, many analysts were optimistic because expectations have been set so low.
The Raine Group has closed its inaugural $475 million private equity fund, the entertainment and media investment company said Tuesday.
Goldman Sachs Group Inc. will likely record a loss in the third quarter, only the second quarterly loss in the Wall Street titan's history, hurt by weakness across trading and investment banking, equity market declines and wider credit spreads during the period, Citigroup said.
New York City's securities industry could lose nearly 10,000 jobs by the end of 2012, according to a report by New York state's comptroller Thomas DiNapoli.
Congress should not endorse another big tax break for overseas corporate profits because the last one in 2004-2005 was a costly failure, said U.S. congressional investigators in a report released on Monday.
The ongoing crisis at Yahoo may now have tempted some new parties including Singapore’s Temasek as well as Bain Capital, joining other parties said to include Facebook, Microsoft, Providence Equity Partners and Alibaba Group.
India's software services companies are set to report strong revenue growth when they kick off their quarterly earnings next week. However, a slowing U.S. economy and the debt crisis in Europe may crimp orders.
Turmoil in the stock market has “frozen” initial public offerings by technology companies and could harm development and job growth, National Venture Capital Association President Mark Heesen warned.
It is said that behind every successful man there is a woman. This seemed right in the case of Steve Jobs.
Mortgage Rates Reach An All-Time Low: A Financial Tragedy
Steve Jobs is survived by his wife Laurene Jobs, who was the love of the Apple co-founder's life.
