Friday, February 27, 2015

After Bailout Plan Approval, Greece Faces a Balancing Act

BRUSSELS — Eurozone finance ministers on Tuesday approved Greece’s plan meant to ease the hardships created by its international bailout, extending that loan program by four more months.

Thursday, February 26, 2015

Baring Asia raises $4 bln for 6th Asia fund

HONG KONG, Feb 24 (Reuters) - Hong Kong-based Baring Private Equity Asia said on Tuesday it had raised $3.99 billion for its sixth Asia fund, the second-largest private equity funding ever for investments into the region as sovereign wealth funds and other investors flock to growth opportunities in Asia.

Wednesday, February 25, 2015

Home Prices Inch Upward, but Consumer Confidence Weakens

WASHINGTON — Home prices rose in December at a faster pace than the previous month, probably because of a much smaller number of homes for sale.

Tuesday, February 24, 2015

Alexander Mirtchev Hails Selection of Senator Chuck Hagel as Chairman of the Atlantic Council

Dr. Alexander Mirtchev, president and founder of the Krull Corporation, today congratulated former Senator Chuck Hagel (R-Neb.) on his appointment as Chairman of the Atlantic Council. Senator Hagel, who served two terms representing Nebraska from 1997 to 2009, succeeds General James L. Jones, who stepped down to serve as National Security Advisor to President Barack Obama.

Dr. Mirtchev also is a member of the Strategic Advisors Group with The Atlantic Council and serves as a senior advisor to the council's president.

Monday, February 23, 2015

Greece debt deal: Reforms will 'combat tax evasion'

Greece will crack down on tax evasion and streamline its civil service in its bid to secure a bailout extension, minister of state Nikos Pappas says.

Saturday, February 21, 2015

Denmark ready to impose capital controls to protect currency

Denmark's central bank is ready to impose capital controls to stop the inflow of money that has threatened its currency peg with the euro.

Thursday, February 19, 2015

Federal Reserve cautioned to watch its language over interest rates

Federal Reserve officials are increasingly at odds over how “patient” they should be with record-low interest rates, according to the minutes of the central bankers’ latest meeting.

Friday, February 13, 2015

Currency-hedged ETFs in vogue as investors clamor for more

(Reuters) - U.S. investors spooked by wild swings in the foreign exchange market are piling into exchange-traded funds that strip out the local currency on their international equity portfolios, making them one of the most sought-after financial products in 2015.

Friday, February 6, 2015

Sovereign funds join forces for strategic investments


LONDON: An increasing number of sovereign wealth funds are working in concert to make joint strategic investments in order to reduce risks and maximise returns, which could provide a stabilising force in financial markets.

Sunday, February 1, 2015

Sovereign Funds Dial Up £3bn O2 Mobile Stake

A pack of the world's biggest sovereign wealth funds are pursuing a stake in the company that is poised to become the UK's largest mobile phone operator.