Search Results for: International Monetary Fund
Australia 200 – Falls to Eight Month Low Near 5150
October 10th, 2014
Australia 200 for Friday, October 10, 2014 Since the beginning of September the Australia 200 Index has declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 ...
More pressure for Australian dollar after rollercoaster 24 hours
October 10th, 2014
The Australian dollar came under renewed pressure on Friday after a relatively stable week during which it settled into a new comfort zone between US86.50¢ and US88.50¢. Late in the local session, the Aussie was trading at US87.71¢, compared ...
Espírito Santo Financial Files for Bankruptcy
October 10th, 2014
Espírito Santo Financial, which was a large shareholder of the bailed-out Portuguese lender Banco Espírito Santo, lost a bid last week for creditor protection in Luxembourg. The Espírito Santo Financial Group, which at one point held about 25 percent ...
Wilbur Ross on Bank of Cyprus – VIDEO
October 9th, 2014
Mario Draghi, the president of the European Central Bank, has faced criticism on several fronts in recent weeks: for being too bold with the bank’s policies, or not being bold enough. Yet he has support from one quarter—well-known investor ...
I.M.F. Asks Rich Nations for Support
October 8th, 2014
The International Monetary Fund said that cash-rich countries needed to step up large public investments to help keep the flagging global recovery on track. The International Monetary Fund, showing heightened concern over a slowing world economy, said on Tuesday ...
China opts for currency push
October 8th, 2014
Asia giant wants to make the renminbi part of an ubiquitous monetary unit used in official transactions around the world. China is bidding to enter the heart of global finance by establishing its currency, the renminbi, as part of ...
Overview: Greek Budget, Europe’s Nominees and I.M.F. and World Bank Meetings
October 6th, 2014
Greece will unveil its 2015 draft budget, hearings for vice-presidential nominees for the European Commission will be held, and the World Bank and I.M.F. open annual meetings in Washington. Greece is set to unveil its draft budget for 2015 ...
Lagarde warns of ‘new mediocre’ era
October 3rd, 2014
The world economy is threatened by a mediocre era of low growth for a long time, warned Christine Lagarde as she signalled cuts to the global outlook for 2015. Ms Lagarde, managing director of the International Monetary Fund, said ...
IMF reports over Growing Risk in Global Economy
September 18th, 2014
The global economy faces a growing risk from big financial market bets that could quickly unravel if investors get spooked by geopolitical tensions or a shift in U.S. interest rate policy, the International Monetary Fund said on Wednesday. The ...
Hong Kong extends Depositor Protection Scheme
September 16th, 2014
The Hong Kong Monetary Authority (HKMA) and Hong Kong’s Financial Services and the Treasury Bureau (FSTB) have issued a consultation paper on proposed enhancements to Hong Kong’s Deposit Protection Scheme (DPS). The DPS, originally established in 2006, enhancements to ...
