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yen

Japan suffers biggest economic slump since 2011 quake as tax hike bites

13/08/2014(0)
A sales tax hike last quarter drove Japan’s economy into its biggest contraction since the March 2011 earthquake and tsunami, Cabinet Office data showed on Wednesday, keeping policymakers under ... Read More
Junk-blog480

Junk Bonds Gain Favor as European Banks Reduce Lending

13/08/2014(0)
Bruce Mackenzie and Toby Ali were young bankers in the late 1990s, traversing Europe to pitch the merits of high-yield securities, otherwise known as junk bonds, to chief executives. ... Read More
oil platform in sea

Iran sidesteps oil sanctions

13/08/2014(0)
Iran is looking to export increasing amounts of oil to China and Asian markets by finding a way to sidestep Western sanctions. This will expand the value of its ... Read More
alibaba-2 office

Alibaba overhauls pact with Alipay parent

13/08/2014(0)
The pact between Alibaba Group Holding Ltd and its payment affiliate Alipay was overhauled. This boosted the Chines e-commerce giant’s potential gain if Alipay is sold or goes public. ... Read More
wto

WTO: Failure on customs deal will have considerable impacts

12/08/2014(0)
In case of failing to conclude to a global customs rules deal, could lead to “considerable impact” on other areas of global trade negotiation, according to Roberto Azevedo, WTO ... Read More
CRUDE-OIL

Brazil’s Petrobras Ramps Up Production of Pre-Salt Oil

12/08/2014(0)
After several years of very little progress, Brazil is finally beginning to extract oil from ultra-deep water. Brazil’s economy grew at an astounding pace from 2005 to 2010, thanks ... Read More
china-real-estate

Chinese developer Wanda launches $1.7bn Australian arm

12/08/2014(0)
One of China’s biggest developers will launch an Australian arm with $1.7 billion in capital to splash into the nation’s real estate market. In an announcement to the Hong ... Read More
COUTTS BANK

Royal Bank of Scotland to offload global Coutts arm

12/08/2014(0)
Royal Bank of Scotland said it planned to sell the international operations of Coutts, its private bank for wealthy clients including Queen Elizabeth II and David Beckham, just months ... Read More
singapore

Singapore GDP Unexpectedly Expands as Outlook Improves

12/08/2014(0)
Singapore’s economy unexpectedly expanded last quarter as manufacturing declined less than initially estimated amid recoveries in advanced countries. Gross domestic product rose an annualized 0.1% in the three months ... Read More
chiquita

Chiquita subject of $611m bid to rival Fyffes merger

12/08/2014(0)
U.S. banana group Chiquita received a $611m (£363m) bid from two Brazilian companies. On Friday’s closing price the two firms, Juice maker Cutrale and conglomerate Safra have offered $13 ... Read More
Broker Cyprus TopFX