A round-up of the key stories across the specialist financial media, including news that two directors of AIJ Investment Advisors Co, suspected of hiding losses on pension money, might face a criminal investigation
AIJ chiefs might face Japan criminal probe for hiding losses
Two directors of AIJ Investment Advisors Co, the Japanese investment firm suspected of hiding more than $1 billion of losses on pension money, might face a criminal probe for their role in the case, regulators said.
Mexico’s top central banker on Thursday said it was time the US and Europe embraced competition when it came to naming the heads of the principal international financial institutions.
BT to pay £2 billion into pension fund to cut deficit
BT Group plans to pay down about half of its £4.1 billion ($6.5 billion) deficit before the end of March, allowing the UK’s largest fixed-line phone company to consider a higher dividend.
China and India are among the globe’s heavyweights when it comes to influencing the commodities markets, but their power to sway the direction of oil, gold and cotton, among others, is only going to strengthen, providing further fuel for market volatility.
Australian companies are showing little appetite for selling yuan debt in Hong Kong, despite Australia’s growing trade links with China and the growing craze for dim sum bonds.
