[NEW YORK] Billions of dollars could be on the way to Sand Hill Road this week, home base for Silicon Valley's venture-capital elite, after a string of initial public offerings (IPOs).

[PALO ALTO] Next Insurance is in talks to raise new capital in a round that values the insurance technology startup at about US$2.25 billion, according to people familiar with the matter.

[LONDON] JPMorgan Chase & Co has told about 200 staff to plan to move out of London because it sees little prospect of the UK winning a deal on financial services as the nation prepares to...

[NEW YORK] Bit by bit, billionaire Ronald Perelman is parting with his treasures.

[NEW YORK] The US dollar lost ground to the Japan's yen for the fifth straight day and the yen was at a seven-week high against the greenback on Friday as investors sought safety amid concerns...

[WASHINGTON] The US is emerging as an early favourite in the all-out showdown to rekindle inflation in the world's major economies.

[NEW YORK] Private equity firms are hitting the US leveraged loan market at the fastest pace in years to fund shareholder payouts with about US$8.6 billion of dividend recapitalisation deals...

[MILAN] Eurozone government bond yields edged up on Friday but prices remained supported as attention remained on the European Central Bank and there was little concern around an upcoming Italian...

[STOCKHOLM] Swedbank, one of Sweden's biggest banks, is being investigated by the local watchdog for suspected market abuse tied to its broader money-laundering scandal.

[LONDON] UBS Group chairman Axel Weber is reviving a decade-long push for a mega-merger to create a European banking behemoth that can compete with US rivals.