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Indian currency of different denominations are seen in this picture illustration taken in Mumbai

IFC issues $2.5 billion rupee-denominated bonds

20/08/2014(0)
The World Bank’s private-sector financing arm on Wednesday launched $2.5 billion, rupee-denominated, bonds in the Indian market to fund infrastructure projects, after raising $1 billion in offshore bonds for ... Read More
Bank-of-England

Two Bank of England officials voted August rate rise

20/08/2014(0)
Bank of England policymakers broke ranks over interest rates for the first time in three years this month, when two unexpectedly voted to tighten policy and revived speculation about ... Read More
gold

Gold Prices Steady Ahead of Federal Reserve Minutes

20/08/2014(0)
The US economy has been moving in the right direction, but inflation numbers in the US remain at very low levels. On Tuesday, CPI and Core CPI, the primary ... Read More
swedish regulator finan

Swedish regulator warns against unauthorised firm

20/08/2014(0)
Finansinspektionen, the Swedish Financial Supervisory Authority, has published a statement in order to warn investors against dealing with unauthorised firms. As a result, Glacier Bay Capital LLC has not ... Read More
fma

FMA files civil proceedings against trustee

20/08/2014(0)
The Financial Markets Authority (FMA) has filed civil proceedings against Prince and Partners Trustee Company Limited (Prince). Prince was the trustee for finance company Viaduct Capital Limited (Viaduct). Viaduct ... Read More
Hong Kong Monetary Authority

HKMA reaction to US sanctions over StanChart

20/08/2014(0)
Following the New York Department of Financial Services allegations against Standard Chartered Bank as announced yesterday, the Hong Kong Monetary Authority has issued a notice informing that it has taken ... Read More
money

Passport Shifts Bets Against Stocks as Trading Volumes Decline

20/08/2014(0)
For John Burbank’s Passport Capital LLC, shorting individual stocks has just become too hard. The $3.9 billion hedge-fund firm, which rose 220% in 2007 by wagering on a bust ... Read More
oil

Oil Companies Turning Away From The Middle East

20/08/2014(0)
The violence and cutthroat politics of the Middle East, combined with declining oil and gas production levels, has triggered a subtle but significant shift away from what has long ... Read More
money

How Money is Made

20/08/2014(0)
Last month, the BRICS countries (Brazil, Russia, India, China, and South Africa) announced the establishment of their own development bank, which would reduce their dependence on the Western-dominated, dollar-focused ... Read More
bitcoin-coins

Bitcoins to be taxed like shares

20/08/2014(0)
BITCOIN and other crypto-currency investors will have to pay capital gains tax on the sale of these assets, according to new guidance by the Australian Taxation Office. People in ... Read More
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