Search Results for: FIS
Vanishing euro zone inflation seen intensifying ECB policy headache
August 29th, 2014
If euro zone inflation falls deeper into the ‘danger zone’ as expected on Friday, it will at the very least complicate the European Central Bank’s plans to wait and see whether its recent policy move to ignite the euro ...
ECB speculation drives down yields, weighs on euro
August 27th, 2014
Euro zone government bond yields plumbed record lows on Wednesday and the euro fell to its weakest in a year against the dollar on expectations the European Central Bank will act soon to counter low growth and slowing inflation. ...
Bahamas FM searching for new Financial Services Options
August 27th, 2014
The Bahamas is exploring new financial services offerings as well as the development and expansion of the yachting and maritime sectors. Michael Halkitis, the Bahamian Minister for Finance, reported that all changes need to be undertaken in a fiscally ...
Scottish independence: Firms question “Yes” vote business case
August 27th, 2014
More than 130 businesses have signed a letter saying the business case for Scottish independence “has not been made”. Scotland will go to the polls in the referendum on 18 September, with voters being asked the “Yes/No” question: “Should ...
Interview with Danièle Nouy, Chair of the SSM
August 26th, 2014
Interview with Danièle Nouy, Chair of the Supervisory Board of the Single Supervisory Mechanism (SSM), conducted by Theano Theiopoulou from Phileleftheros newspaper: 1. How is preparatory work for the Single Supervisory Mechanism (SSM) progressing? Will everything be ready by 4 November? As ...
Asian shares firm, euro struggles on ECB easing hopes
August 26th, 2014
The euro hit its lowest level in nearly a year against the dollar and euro zone government bond yields fell on Tuesday on growing expectations the European Central Bank could ease monetary policy as soon as next week. The ...
French economy minister urges alternative to German austerity
August 25th, 2014
The time has come for France to resist Germany’s “obsession” with austerity and promote alternative policies across the euro zone that support household consumption, firebrand French Economy Minister Arnaud Montebourg said on Sunday. Deficit-reduction measures carried out since the ...
Draghi rules ECB Action
August 25th, 2014
Inflation expectations have deteriorated across the euro area and signaled policy makers are ready to add fresh monetary stimulus, according to the European Central Bank president, Mario Draghi. Yet officials aren’t finished with measures to stave off Japan-style stagnation. ...
IFC issues $2.5 billion rupee-denominated bonds
August 20th, 2014
The World Bank’s private-sector financing arm on Wednesday launched $2.5 billion, rupee-denominated, bonds in the Indian market to fund infrastructure projects, after raising $1 billion in offshore bonds for the sector last year. The International Finance Corporation’s (IFC’s) bond ...
How Money is Made
August 20th, 2014
Last month, the BRICS countries (Brazil, Russia, India, China, and South Africa) announced the establishment of their own development bank, which would reduce their dependence on the Western-dominated, dollar-focused World Bank and International Monetary Fund. These economies will benefit ...
