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Rupee falls 5 paise against dollar in early trade The rupee fell marginally by 5 paise against the US currency in early trade on Monday in line with weak trend in Asian equities raising concerns of capital outflows by funds from the domestic stock markets. The Times Of IndiaUPDATE 1-Credit Suisse Asia PE banking head to leave HONG KONG, Feb 16 (Reuters) - Veteran Credit Suisse banker Ronan Agnew, who moved to Hong Kong last year to run itsAsia private equity banking group, plans to leave the bank, hesaid in an email obtained by Reuters. ReutersPrivate equity code for Europe The private equity industry plans to offer to create a code of conduct for the region as its leaders are battling off fierce criticism from politicians FT.comChina stocks rise amid region’s falls Almost every day I receive yet another consultant report describing how the fund management industry globally is cutting costs to cope with both the economic downturn and the global equity market sell... Big News NetworkMajor Investors Piling Into Gold James West submits:Endeavour Financial Corp (TSX:EDV) closed a $100 million equity offering last week, and several other "bought deal" financings point to a strengthening trend: major investors are piling into gold. The Offering was underwritten by a syndicate co-led by GMP Securities L.P. and Canaccord Capital Corporation (the "Underwriters"). Endeavour will use the funds to support its investment activity in the mining sector with an emphasis in the short term on precious metals. Complete Story » Seeking AlphaWeekly Review and Outlook: Investors` Sentiments Fragile, Anticipating Breakout in Dollar Index Sentiments in the markets flipped flopped after the events last week. Another round massive risk aversion trades was set to start after US Treasury's Financial Stability Plan failed to convince investors. The equity markets were saved by speculations that Obama is launching a mortgage plan and rebounded strongly. Yen crosses... actionforex.com |
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