Search Results for: Euro
UAE signs up as founding member of Asian Infrastructure Investment Bank
April 6th, 2015
The UAE has joined the China-led US$50 billion Asian Infrastructure Investment Bank (AIIB) as a founding member, the government announced on Sunday. The Abu Dhabi Fund for Development, which has Dh8bn in capital, will represent the UAE government on ...
Greece’s Prime Minister Tsipras Heads to Moscow as Bailout Talks Drag On
April 6th, 2015
Greek Prime Minister Alexis Tsipras will be walking a fine line in Moscow this week, aiming to demonstrate an independent streak to voters at home without irritating the European Union as he negotiates for urgently needed funding. Greek officials and ...
Asia up after dismal U.S. jobs data, dollar pressured
April 6th, 2015
Asian shares rose and the dollar steadied but remained under pressure on Monday, after a dismal U.S. jobs report led investors to pare bets the U.S. Federal Reserve would hike interest rates anytime soon. Major European markets were closed from Friday to ...
Commencement of a New Bank to Offer Wealth Management Services for Individual Investors in Hong Kong
April 3rd, 2015
Establishing a wealth management bank through joint investment by Japanese and Hong Kong companies including Shinsei Bank, Monex Group, AD Capital, Convoy and Tokyu Livable, and to commence operations in the First Half of Fiscal Year 2015 Shinsei Bank, ...
EU lawyers: EU cannot maintain protection against Chinese imports
April 3rd, 2015
EU lawyers say EU cannot ignore rules on China‘s new WTO status EU yet to decide, could favour China to win favour with Beijing European fears of being forced to lower tariff defences against cheap Chinese imports have grown following a confidential ...
Greek goverment not so convinced by its own measures
April 3rd, 2015
Fresh confusion reigned on Thursday as a result of the government’s target for the primary budget surplus and new measures for 2015, as proposed to Wednesday’s Euro Working Group teleconference. The target set by the bailout agreement is for ...
Iran Moves Closer to Restoring Oil Exports on Nuclear Accord
April 3rd, 2015
Iran’s accord with world powers brings the OPEC member a step closer to restoring oil production that was cut by sanctions while leaving unresolved when it will happen. The preliminary agreement outlined Thursday signals the Persian Gulf nation may ...
ECB says QE programme already boosting recovery
April 3rd, 2015
The European Central Bank said Thursday it is increasingly confident that its controversial bond purchase programme is helping boost the eurozone’s economic recovery, even as a top official expressed doubts about its effectiveness. In the minutes of the governing ...
Asian stocks higher after US gains as jobs data awaited
April 3rd, 2015
Asian stock markets were mostly higher in holiday-abbreviated trading Friday following gains on Wall Street as investors awaited American jobs data. Keeping Score: Tokyo’s Nikkei 225 gained 0.3 percent to 19,377 points and Seoul’s Kospi was up 0.5 percent ...
Greece tells creditors it will run out of cash on April 9
April 2nd, 2015
Greece has told its creditors it will run out of money on April 9, making an appeal for more loans before reforms on which new disbursements hinge are agreed and implemented, but the request was rejected, euro zone officials said. The appeal ...
