MIDEAST STOCKS-Orascom bid for Beltone boosts Egypt; Saudi mixed

[Buzz_Burner_Fresh_Updates] MIDEAST STOCKS-Orascom bid for Beltone boosts Egypt; Saudi mixed – reuters.com DUBAI, Oct 8 (Reuters) – News that Orascom Telecom Media and Technology is seeking to buy Beltone Financial boosted Egypt’s stock market on Thursday, while Saudi Arabia’s market was narrowly mixed after oil prices pulled back. Continue Reading On reuters.com »  

Investors pull $40 billion from emerging market assets in Q3 – IIF + MORE

[Buzz_Burner_Fresh_Updates] Chicago PMI declined sharply in September – feedburner.com Chicago PMI: Sep Chicago Business Barometer Down 5.7 Points to 48.7 The Chicago Business Barometer declined 5.7 points to 48.7 in September as Production growth collapsed and New Orders fell sharply.The drop in the Barometer to below 50 was its fifth time in contraction this year […]

U.S.-based taxable bond mutual funds post sixth week of withdrawals

[Buzz_Burner_Fresh_Updates] U.S.-based taxable bond mutual funds post sixth week of withdrawals – reuters.com NEW YORK, Sept 3 (Reuters) – Investors in U.S.-based funds pulled $4.36 billion out of taxable bond funds in the week ended Sept. 2, marking their sixth consecutive week of cash withdrawals, data from Thomson Reuters’ Lipper service showed on Thursday. Continue […]

ON THE MOVE-UBS hires Empire Group from Morgan Stanley + MORE

[Buzz_Burner_Fresh_Updates] ON THE MOVE-UBS hires Empire Group from Morgan Stanley – reuters.com Aug 28 (Reuters) – UBS Group AG’s Wealth Management Americas said it hired a team of four financial advisers from Morgan Stanley. Continue Reading On reuters.com » UPDATE 1-Investors pull record $29.5 bln from equity funds in China-driven rout: BAML – reuters.com LONDON, […]

China's thriving brokerage minnows set to come under M&A spotlight + MORE

[Buzz_Burner_Fresh_Updates] RPT-Foreign investors cry foul over Indian tax surprise – reuters.com HONG KONG, April 2 (Reuters) – U.S. and European investor groups have called for the Indian government to urgently clarify its tax regime for foreigners, following surprise attempts by tax inspectors to claw back money they say is owed on years of previously untaxed […]