07/21/2014

Praemium reports strong rise in SMA funds

Record inflows of $320 million to Praemium's separately managed account platforms in the June quarter has seen the company post new highs for funds on platform.

07/21/2014

Swiss National Bank, China Agree Currency-Swap Deal--Update

The Swiss National Bank and the People's Bank of China have agreed to set up a currency swap line designed to boost trade and investment flows between the two countries and help to make Zurich an offshore hub for trading the yuan.

07/21/2014

Infra bond norms a plus for Indian banks: Moody's

Moody's, the global rating agency, said the new regulations for issuing long-term local currency bonds are credit-positive for banks in India, as the money so raised will help to reduce their costs.