Market

greek bonds

E.U. Praise for Greece Fails to Stem Bond Sell-Off

17/10/2014(0)
On Thursday, as more investors fled Greek bonds, they drove the government’s long-term borrowing costs to nearly 9 percent — up from 7 percent on Wednesday and the highest ... Read More
coal

India May Become World’s Largest Coal Importer

17/10/2014(0)
India’s coal imports in September zoomed up by 19% to 16 million tons as compared to a year ago, no thanks to low output from the state-run Coal India ... Read More
German Chancellor Merkel

Merkel urges EU to keep up reforms as crisis not over

16/10/2014(0)
German Chancellor Angela Merkel told parliament on Thursday that Europe must push ahead with efforts to cut public deficits and improve competitiveness because the euro zone debt crisis has ... Read More
oil

UK blocks €5bn Russian North Sea deal

16/10/2014(0)
The UK has blocked a €5bn deal by Russian billionaire Mikhail Fridman to acquire gas fields in the North Sea, as even private Russian companies with no connection to ... Read More
china

China Credit Growth Climbs as Targeted Easing Kicks In

16/10/2014(0)
China’s broadest measure of new credit rose to a three-month high in September as the central bank’s targeted measures to boost liquidity helped spur lending. Aggregate financing was 1.05 ... Read More
ecb - logo

Central bankers may have no quick fix as markets swoon, economy weakens

16/10/2014(0)
Global central bankers, eager to see the economy stand on its own feet, faced the rude reality this week of market turmoil threatening already faltering growth and prolonging world ... Read More
oil

Fall in Oil Prices Poses a Problem for Russia, Iraq and Others

16/10/2014(0)
From Moscow to Caracas, Riyadh to Baghdad, in Tehran, Algiers, Kuwait City and Lagos, officials are confronting the plunge in prices — roughly 25 percent since a peak in ... Read More
Lloyds bank in central London

Lloyd’s sells €1.1bn of bad bank to Lone Star

16/10/2014(0)
Lloyds has jettisoned €1.1bn (£883m) of bad bank. Lloyds Banking Group, which is partly owned by the UK government, has sold its Irish residential home loans to Lone Star, ... Read More
abbvie

AbbVie board goes against £32bn Shire takeover deal

16/10/2014(0)
US drug firm AbbVie has recommended that is shareholders vote against a £32bn takeover offer for rival Shire. It said recent tax changes had introduced an “unacceptable level of ... Read More
islamic corporation

Islamic Corporation for the Development of the Private Sector (ICD) signs two MoUs in Washington DC

16/10/2014(0)
The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group (IsDB), and the Small Enterprise Assistance Funds (SEAF), ... Read More
Broker Cyprus TopFX