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We are senior citizens. We do not need any income from mutual funds for our day-to-day living. We are conservative investors with average risk taking ability and with an expectation of minimum 10-12 per cent yearly tax free...
The global economic downturn has not affected the personal wealth of the rich in China that continued to expand this year and also opened up more opportunities for private bankers, said a recent study. The number of...
According to a report just published by CBRE, corporate sale and leasebacks represent a viable, effective and competitive way of securing capital in an age when cash is all-important and the stigma of ‘selling off the family...
It's official. After months of avoiding the issue, Japan's government yesterday admitted that deflation is once again casting its long shadow over the land of the rising sun. "Recent price developments show that the Japanese...
Late-noon short covering boosted markets to stage a spectacular recovery on the last trading day of this week. The Sensex gained 173 points from last week's close to end with a gain of 1% at 17,022. The Nifty surged 1% to...
By Kennix Chim HONG KONG, Nov 21 (Reuters) - Sands China Ltd, the Macau operation of Las Vegas Sands, raised $2.5 billion through its initial public offering in Hong Kong, a source familiar with the deal said on Saturday,...
Kraft has played an ace in its attempt to buy Cadbury by tying no fewer than eight banks in to exclusive deals to finance its bid, according to sources working on competing bids. It is public knowledge that the American food...
Gilt future settles at highest since Oct. 20 * Year-end supply factors add support to weaker share prices * NYSE Euronext launches short, medium gilt futures Monday By David Milliken LONDON, Nov 20 (Reuters) - Gilt futures...
By Kirsten Donovan LONDON, Nov 20 (Reuters) - Dollar interbank lending rates hit a new record low on Friday as an abundance of liquidity and dovish central banker comments squashed short-term market rates. But recent comments...
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