Search Results for: Gain capital
Greece faces resistance to extra emergency funds for banks
February 18th, 2015
The European Central Bank faces resistance from Germany to allowing any extra emergency lending for Greek banks, people familiar with the matter said, increasing pressure on Athens to sign up to an extended aid-for-reform program. After talks between Greece and euro zone creditors broke down ...
Indonesia Stocks Rise to Record as Rupiah Falls After Rate Cut
February 18th, 2015
Indonesian stocks headed toward a record close and government bonds advanced, while the rupiah fell, after the central bank unexpectedly cut borrowing costs. The benchmark rate was lowered to 7.5 percent from 7.75 percent after local markets closed Tuesday, ...
Bank of Indonesia Rate Lowered by 25 bps to 7.50%
February 17th, 2015
On 17th February 2015, the Bank Indonesia Board of Governors decided to lower the BI Rate 25 bps to 7.50%, with the Deposit Facility rate also reduced 25 bps to 5.50% and the Lending Facility rate maintained at 8.00%, effective ...
Greece defies creditors, seeking credit but no bailout
February 17th, 2015
Talks between Greece and euro zone finance ministers over the country’s debt crisis broke down on Monday when Athens rejected a proposal to request a six-month extension of its international bailout package as “unacceptable”. The unexpectedly rapid collapse raised doubts about Greece’s future ...
Japan crawls out of recession, but GDP misses (Video)
February 16th, 2015
Japan‘s economy crawled out of recession in the fourth quarter of 2014, data on Monday showed, although the growth figures came in much weaker than expected. Gross domestic product grew an annualized 2.2 percent, helped by a rebound in ...
German Economic Growth Accelerates, French GDP Only Slightly Higher
February 13th, 2015
The eurozone’s largest economies were on diverging paths in the final three months of 2014, as German growth accelerated, France slid closer to stagnation and ...
Can there be contagion with the Greek crisis?
February 13th, 2015
One question that has hovered around the global media recently, but has remained I believe unanswered, is what will be the likely outcome of a “Grexit” to the rest of the Eurozone countries as well as the rest of ...
Former Petrobras CEO Weighs In on Corruption Probe
February 12th, 2015
Gabrielli Says He Feels Like ‘David Fighting Goliath,’ Denies Any Wrongdoing José Sergio Gabrielli, the former chief executive of Petróleo Brasileiro SA, presided over one of the brightest periods in the state-owned oil giant’s history. During his tenure, from 2005 to ...
HSBC files reveal how UK’s non-dom tax concession is being exploited
February 12th, 2015
The leaked HSBC Swiss files reveal how widely Britain’s unique “non-dom” tax concession is being exploited. The government says the controversial tax status is supposed to be to the nation’s benefit, by encouraging wealthy foreign investors to spend time in Britain. ...
Full-year and 4th quarter 2014 results
February 12th, 2015
2014: Good performance by the businesses, contribution up +3.5% Net banking income: EUR 23.6bn, +5.0%* vs. 2013 Stable business net banking income: -0.5%* vs. 2013 Good control of operating expenses: -1.9%* vs. 2013 Sharp decline in the Group’s net ...
