Overseas Funds Resist Calls for a Code of Conduct
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The funds argue that a code is unnecessary because their investments are already strictly commercial in nature.
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WASHINGTON -- The United States threatened Wednesday to withhold $120 million from the world&#39;s premier AIDS-fighting fund unless other countries paid their share.
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SINGAPORE (Dow Jones)--Asian investors have been slow to put their money into &quot;companies with a conscience&quot;, but international fund managers say it&#39;s only time before
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LONDON -- Britain opened its first bank on Wednesday that promises to fully abide by Sharia, or Islamic, law, meaning it won&#39;t give or receive interest, and will invest only in ethical industries, a guideline that bars alcohol and tobacco companies.
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Business & money: Under proposed code of conduct, firms would have to give more details about their business.
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When corporate America came looking for raises last year, Boston&#39;s largest mutual funds routinely turned them down, voting in hundreds of cases against lucrative
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A myriad of financial institutions including banks, mutual funds, insurance companies, investment firms and credit-card companies are sending work to overseas locations.
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Securities regulators are planning sanctions against a company that sold high-fee mutual funds to military officers, sources familiar with the situation said Friday. Some big fund companies said they may reconsider the "contractual plan" funds.
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New York City employee pension  funds are calling on two top Internet companies to do more to  protect free speech in repressive countries, joining a year-old  campaign by human rights groups.
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A proposed law would limit foreign funding of churches and AIDS programs.
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Investment funds controlled by foreign governments could trigger a protectionist backlash, a report warns.
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Business & money: Â· Fund chiefs stonewall on domicile questionÂ· MPs expected to demand answers next week
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UBS is reportedly facing shareholder opposition to a huge injection of funds from Singapore and the Middle East to help the Swiss banking giant overcome the US subprime mortgage meltdown.
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Business & money: Â· Walker review opts for voluntary code of conduct Â· Takeover firms are urged to be more open
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Sport: Asian federations and Sir Alex Ferguson are among those to express discontent at expansion proposals
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Business & money: Chancellor refuses to abide by decision of other 26 countries to back French socialist Dominique Strauss-Kahn as candidate for post.
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TORONTO (CP) - There is a perception in international financial circles that Canadian markets are the &quot;Wild West&quot; and it hurts Canadian companies when they try to raise money abroad, Bank of Canada governor David Dodge said Thursday.