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Posted: Tue July 10, 2012 6:35 pm
INTERNATIONAL. Peregrine Financial Group, a futures brokerage with US$396 million in customer funds, is being investigated in the US for alleged missing money as founder Russell Wasendorf Sr. unsuccessfully attempted suicide.
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BAHRAIN. During an interview with Euromoney Conferences, John Sfakianakis the GCC Regional Director at Ashmore Group, said the milestone decision to liberalise the Saudi Tadawul Index is extremely significant as investors will be able to gain exposure to a formidable oil economy by investing in its market.
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