Sept. 29 (Bloomberg) — China Investment Corp., the nation’s $200 billion sovereign wealth fund, starts operations today as the government seeks to boost returns on the world’s biggest foreign-exchange reserves.
The investment agency will come under the direct supervision of the nation’s cabinet, the State Council. Lou Jiwei, former vice finance minister, will act as director [...]
Archive for September, 2007
China’s $200 Billion Sovereign Fund Begins Operations,By Belinda Cao
September 30, 2007Housing Loans Should Always Have A Equal Amount of Term Insurance.
September 24, 2007Have you thought of taking a housing loan ? Than you should really have a equal amount of term insurance along with the housing loan. You may think that this may cost little more, and decide otherwise, than we might have put our family under great risk, as nobody will know when our time will [...]
India’s life insurance market to double in 5 years: McKinsey
September 10, 2007The premium income of India’s life insurance market is set to double by 2012 on better penetration and higher incomes, consultancy firm McKinsey & Co said in a report.
The total premium could go up to $80-100 billion by 2012 from the present $40 billion as higher per capita income increases per capita insurance intensity, the [...]
Greenspan Sees Turmoil Similar To 1987: Report -Investors Should Check Their Portfolio.
September 7, 2007Former Federal Reserve Chairman Alan Greenspan said the current market turmoil is “identical” in many ways to that which occurred in 1987 and 1998, the Wall Street Journal reported in its online edition on Friday.
“The behavior in what we are observing in the last seven weeks is identical in many respects to what we saw [...]
