Search Results for: economy
SNB:Monetary policy remains expansionary
March 17th, 2016
The Swiss National Bank (SNB) is maintaining its expansionary monetary policy. The target range for the three-month Libor remains at between –1.25% and –0.25%, and interest on sight deposits at the SNB is unchanged at –0.75%. The Swiss franc ...
Why Latin American economies are turning to bitcoin
March 17th, 2016
The economic prospects for Latin America in 2016 are grim. With political instability in some of the region’s largest economies, as well as a general slump in prices in oil and other commodities, businesses and consumers are facing a depression and, in the ...
EY opens four new Centers of Excellence to help companies accelerate business performance and digital transformation
March 16th, 2016
Centers to offer business transformation strategy, cybersecurity, analytics and manufacturing capabilities across the Asia-Pacific region Singapore-based hub to contribute to industry capability development EY has launched four new Centers of Excellence (CoE) to provide innovative services in digital business ...
NSE and SGX to launch the world’s first offshore Indian sector futures
March 16th, 2016
India Index Services & Products Limited (IISL), a National Stock Exchange (NSE) group company, and Singapore Exchange (SGX) today announced their intention to introduce futures on Indian sector-specific index futures on SGX. This is the first time that derivatives ...
Deutsche Börse AG and London Stock Exchange Group plc agree to industry-defining merger
March 16th, 2016
Highly complementary combination across divisions and asset classes which accelerates LSEG and DBAG’s respective growth strategies and results in a significantly enhanced product offering for customers. Through its enhanced position in the global market infrastructure sector, well placed to ...
U.S. Retail Sales Fell 0.1% in February
March 16th, 2016
January revised to a decrease on lower auto, gas sales American consumers are showing renewed signs of caution amid continued financial-market volatility, clouding the outlook for a segment of the economy that had been a bright spot. U.S. retail ...
Interview with The Guardian
March 15th, 2016
Interview with Mario Draghi, President of the ECB, conducted by Shiv Malik on 18 February 2016 and published on 11 March 2016 What does the ECB’s own research on incomes and younger generations say? During the great recession, the young ...
Morgan Stanley sees 30% risk of world recession
March 15th, 2016
Morgan Stanley has hiked the probability of a recession hitting the global economy within the next year to 30 percent from 20 percent. The U.S. bank also cut its baseline forecast for world economic growth to 3.0 percent in ...
Kuwait approves economic reforms including the introduction of a 10 per cent Corporate tax
March 15th, 2016
Kuwait approves 10 per cent corporate tax, other reforms as deficit widens Kuwait’s cabinet has approved economic reforms including the introduction of a 10 per cent tax on corporate profits to narrow a budget deficit caused by low oil ...
Why Our Financial System Is Like the Titanic
March 15th, 2016
The “unsinkable” global financial system is rushing headlong toward its encounter with the iceberg. Why did the Titanic sink, despite being considered unsinkable? The conventional answer is the design of its watertight compartments was flawed: the watertight bulkheads were ...
