Search Results for: SIX
ECB Glimpse of Cyprus Debt Shows Limits of Bank Cleanup
March 4th, 2015
There was a time when a Cypriot on a moderate income could take a gamble on foreign real-estate worth more than his life savings. One banking crash, three and a half years of recession and an international bailout later, ...
Athens preparing reform proposals for Eurogroup
March 4th, 2015
A collection of reform proposals are being put together by the government so Finance Minister Yanis Varoufakis can present them at Monday’s Eurogroup, with Athens hoping that this will help it secure part of the remaining 7.2 billion euros ...
Statement by Dr. Raghuram G Rajan, Governor, on Monetary Policy
March 4th, 2015
It may be recalled that in its statement on monetary policy of January 15, 2015 the Reserve Bank reduced the policy repo rate by 25 basis points and indicated that ““Key to further easing are data that confirm continuing ...
GFG Market Insight – Oil: Will It Go Lower Yet?
March 3rd, 2015
In brief: Crude oil’s various charts suggest that the effects of its recent crash have yet to play out fully and that crude oil may drop to between $30 and $35/barrel in the near/medium-term and perhaps much lower over ...
India To Cut Corporate Tax Rate By Five Percent
March 3rd, 2015
In his 2015 Budget speech, India’s Finance Minister, Arun Jaitley, set out his roadmap for accelerating growth and enhancing prospects for investment, including plans for a five percent cut to the corporate income tax rate. The tax cut, which ...
Greek government searches for funds amid fresh speculation about third bailout
March 3rd, 2015
The government on Monday scrambled to find ways to raise much-needed funding amid renewed speculation about a third bailout for Greece. Finance Minister Yanis Varoufakis met with his deputies and other officials to discuss ways of covering the country’s ...
Investors Are Mistakenly Assured By Two Shaky Generalities
March 2nd, 2015
Investors are complacent, even confident, regarding the prospects for 2015. That is in spite of the market being at valuation levels higher than all but one previous market peak of the last 100 years, while the economy appears to ...
Pan-Middle East Best Law Firm of the Year 2014
March 2nd, 2015
Dentons was awarded the Pan-Middle East Best Law Firm of the Year by EMEA Finance, whose Middle East Banking Awards winners for 2014 were announced recently. This is the fifth occasion on which Dentons has won this prestigious industry ...
China’s shares rise after PBOC rate cut
March 2nd, 2015
Shares in China were higher on Monday after the mainland’s central bank unexpectedly cut interest rates at the weekend for the second time since November. Hong Kong’s Hang Seng was up 0.36% at 24,911.91 points in mid-morning trade. Meanwhile, ...
Japan’s shares at fresh 15-year high on weaker yen
February 27th, 2015
Shares on Japan’s main index were up on Friday morning due to a weaker yen against the US dollar and despite a raft of mostly disappointing economic figures. In Tokyo, the benchmark Nikkei 225 was up 0.24% in early trade at ...
