Search Results for: banks
G20 must shape a new world trade regime
July 17th, 2014
Over the past decade global trade and investment discussions have moved far away from the formal global trade regime. The multilateral system has been mired in the Doha Development Round — defined by a single undertaking and a fixed ...
EU Readies Russia Sanctions Amid U.S. Pressure on Ukraine
July 16th, 2014
European Union leaders may impose their first sanctions today against Russian companies that are helping undermine Ukraine as the U.S. urges the bloc to take a tougher stance against Moscow. EU leaders may also agree at a summit tonight ...
Croatian Bank forecasts signs of economic recovery in 2015
July 16th, 2014
The Council of the Croatian National Bank discussed the latest economic developments and forecasts, as well as the financial stability analysis, and adopted the monetary policy projection for the forthcoming period. As shown by available indicators and estimates of ...
Trafigura Targets $8B India Metals Market With Online Store
July 16th, 2014
Switzerland-based Trafigura has launched an online store in India to sell aluminum, copper and other metals, seeking a slice of the $8 billion market and becoming the first big commodities trader to cater to hordes of small manufacturers dotting ...
Bank of China Hires in Hong Kong as High-Yield Bond Trade Starts
July 16th, 2014
Bank of China Ltd. is hiring traders and sales people in Hong Kong as it sets up a high-yield bond-trading platform to boost market share and cement its position as one of Asia’s top 10 debt underwriters. Surging sales ...
Hedge-Fund Boutiques Show Dubai Nurturing Oasis Trading: Cities
July 16th, 2014
When Ahmad Zuaiter started a frontier-markets hedge fund, the former Soros Fund Management LLC money manager chose Dubai over New York and London. Zuaiter’s Jadara Capital Partners LP and VY Capital Management Co. Ltd. opened in the emirate in ...
Emerging Nations Bloc to Open Development Bank
July 16th, 2014
At a meeting in Brazil, the leaders of Brazil, Russia, India, China and South Africa announced on Tuesday that they were establishing a development bank to challenge the influence of venerable institutions like the World Bank and the International ...
Establishment of a Representative Office in Cyprus by Bank Zenit
July 15th, 2014
The Central Bank of Cyprus acting under the authority vested in it by section 8(1) of the Business of Credit Institutions Laws of 1997 to (No. 4) of 2013, granted on 4 July 2014, an approval to Bank Zenit ...
Bank Earnings Give Stocks a Boost
July 15th, 2014
A better-than-expected earnings report from Citigroup C +3.02% helped kick-start a rally in stocks, lifting market indexes nearly back to levels seen before last week’s swoon. Many investors remain optimistic about the outlook for stocks broadly, amid improving U.S. ...
Asian shares higher as earnings lift Wall Street
July 15th, 2014
Asian stocks markets were mostly higher Tuesday, fortified by Wall Street’s growing optimism over U.S. corporate earnings and hopes for encouraging economic data in China. China, the world’s No. 2 economy, is due to report its second quarter GDP ...
