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Japans ORIX announces capital participation in major Mongolian financial firm
Financial Services Industry News.NetOrix Corporation, a leading integrated financial services group of Japan, has announced its decision to foray into the Mongolian financial services business through an alliance with TenGer Financial Group (TFG), a major Mongolian financial group. The Japanese investment giant has reached an agreement to purchase about 16 percent of shares in TFG and will obtain the necessary permits in view of ...
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Bolivia to boost incentives for gas exploration
Financial Services Industry News.NetBolivia's government, which asserted greater state control over the Andean nation's natural gas sector seven years ago, says it will issue a decree to encourage investment in exploration. Vice President Alvaro Garcia Linera made the announcement at the inauguration of a gas and oil congress in the eastern city of Santa Cruz, where energy experts from nine countries have gathered. The incentives ...
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Is gold still a good investment
albawabaOverall gold demand dropped by 13 per cent in the first quarter this year Gold has always been considered a safe haven for investments. When the markets crumbled in the past, investors ran to it for shelter. However, when this asset of last resort suddenly loses its lustre, investors change their tack.After prices of the precious metal plummeted in recent months, investors ditched their ...
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Two involved with failed Future First investment group back in property game with new ventures
The Courier MailTWO key players in a failed Brisbane property investment company are still in business spruiking real estate. Andrew Clough, a former director of now-defunct Future First Investment Services, launched Main Street Investment Group in Brisbane's inner-city suburb of Milton in March last year. That was just a month before creditors voted to wind-up Future First, which collapsed with debts of ...
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5 Places For Your Cash Instead Of Money Markets Treasurys
Forbes"Safe" U.S. money market and Treasury bonds are losing money due to inflation and negative yield. Chuck Butler, president of EverBank World Markets in St. Louis recommends diversifying away from the dollar and into bank CDs and government bonds in these foreign ...
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BP boost Rumaila field investment
AME InfoBritish Petroleum (BP) has earmarked $2.85bn for the development of Iraq's Rumaila oilfield in 2013, up from $2.2bn last year, Reuters has reported. Under the 2013 development plan for Rumaila, BP plans to issue three tenders for the drilling of 150 new oil wells in the second half of this year with each tender covering 50 wells. "We have plans to drill new 300 oil wells in Rumaila over ...
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Co-op in disarray as finance chief Steve Humes quits
The IndependentThe finance boss of the Co-operative Group has been forced to resign from the funerals-to-supermarkets group as its banking division lurches from crisis to crisis, leaving 6.5 million customers fretting over their ...
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IIROC Trading Resumption - AL
CNW GroupMay 24, 2013 /CNW/ - Trading resumes in: Company: ALITA RESOURCES LTD. TSX-Venture Symbol: AL Resumption: Effective at the opening,
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Obama urges U.S. to honor fallen soldiers
CBS MarketwatchWASHINGTON (MarketWatch)--President Obama on Saturday urged Americans to commemorate the Memorial Day weekend by honoring U.S. soldiers who have died in the nation's wars.
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Kerry to appoint envoy to Sudan report
CBS MarketwatchWASHINGTON (MarketWatch) -- U.S. Secretary of State John Kerry said Saturday he plans to appoint an envoy to Sudan and South Sudan after a oil-revenue squabble between the states brought the countries to the brink of war, according to a ...
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2 freight trains collide injuring 7 report
CBS MarketwatchEmergency responders view the damage from an overpass that collapsed Saturday after two freight trains collided at a rail intersection. The collision injured seven people ignited a fire and triggered the collapse of the overpass they were passing under dispatcher ...
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U.S. Forest Service reverses White Banks Mine decision
The Denver PostThe fight over the last producing mine in Pitkin County took another twist Friday when the U.S. Forest Service announced that it had reversed an earlier decision on the controversial White Banks Mine.David Francomb, acting Aspen-Sopris District Ranger, issued a new decision that will allow Elbram Stone Co. LLC to mine enough marble over the next four years to determine if it is producing a ...
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Second Group of Bahrainis Graduate from Tamkeen’s Accountancy and Finance Programmes
Bahrain News AgencyManama, May 25. (BNA) -- A graduation ceremony was held on Saturday (May 25, 2013) for the second group of Bahraini professionals who benefited from Tamkeen's Accountancy, Finance and Islamic Finance programmes. The 100 graduates, received certificates in a number of professional qualifications after completing the course requirements, conducted at the Ernst & Young Training Centre. The ...
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Saudis Nitaqat law Procedures implemented in Indian workers interest says Finance Minister Al-Faisal
NDTVJeddah: In a bid to allay India's concerns over the controversial 'Nitaqat' labour law, Saudi Arabia's Foreign Minister Prince Saud Al-Faisal today said "procedures" are being taken in the "best interest of Indian workers".The Nitaqat law and the ongoing drive to identify workers who are overstaying in the Arab Kingdom was one of the main areas of focus ...
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Palestinian president urges investment to boost economy
Arabian BusinessPalestinian president Mahmoud Abbas has called for investment and joint ventures in tourism, energy and industry to help improve the economic prospects and security of his people.
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