Author: InvestAdvocate

Islamic finance body IILM to expand sukuk issuance to $860 million

Malaysia-based International Islamic Liquidity Management Corp (IILM) will expand its Islamic bond programme by $370 million to $860 million next week, increasing its issuance of short-term sukuk for the first time since its launch last year. The IILM, a consortium of central banks from Asia, the Middle East and Africa, […]

Yahoo COO de Castro departs; no reason given

Yahoo Inc chief operating officer Henrique de Castro, the high-profile recruit Chief Executive Officer Marissa Mayer poached from Google Inc shortly after she took the helm, will leave on Thursday after about a year on the job. Yahoo did not give a reason for his departure in a Wednesday filing, […]

UBIC ADSs Upgraded to the NASDAQ Global Select Market

UBIC, Inc. (UBIC) (TSE:2158), a leading provider of Asian-language eDiscovery solutions and services, announced today that the listing of its American depositary shares (“ADSs”) was transferred to the Global Select Market, NASDAQ’s highest market tier. The NASDAQ market has three tiers: the Global Select Market; the Global Market; and the […]