Browsing All Posts By Kurt Osterberg
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Iran CB to open accounts at South Korean banks
Iran’s central bank has agreed to open won accounts at two South Korean state-owned banks to avert disruption in bilateral trade despite international sanctions, Seoul’s finance ministry has annou... -
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Potash working on China-led buyout to top BHP
Potash Corp is trying to stitch together a consortium led by China to back a management buyout to trump BHP Billiton’s $38.6bn hostile offer, according to the Globe and Mail. Potash Corp has said ev... -
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Economic strength, political timetable behind yuan rise
At times like this, both can claim to have right on their side. The yuan’s rise against the dollar on September 14 to the highest level since it was revalued in July 2005 comes on the heels of anoth... -
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German central banker in race row resigns
A German central bank board member who caused outrage with remarks about Muslim immigrants and Jews has resigned after coming under pressure from political leaders including Chancellor Angela Merkel. ... -
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US trade gap narrows more than expected in July
The US trade deficit narrowed more than expected in July, as imports retreated and exports shot to their highest since August 2008, according to a government report that could lift hopes for third-qua... -
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Police beat customers at crisis-hit Afghan bank
Afghan security forces used batons on unruly customers scrambling to withdraw their savings from a branch of the graft-hit Kabulbank, the country’s biggest private financial institution. Officers fr... -
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Barroso says EU economic recovery gathering pace
Economic recovery is gathering pace in the European Union and growth this year will be higher than initially forecast, according to European Commission President Jose Manuel Barroso. In a policy speec... -
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South Africa’s COSATU calls on ANC to tighten FX rules
South Africa’s biggest union federation COSATU, a partner of the ruling ANC party, has called for a reversal of measures taken to relax foreign exchange controls and taxing short-term capital flows.... -
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Zambia raises 2010 GDP forecast to 6.6%
Zambia has raised its 2010 economic growth forecast to 6.6 percent from a June forecast of 5.8 percent after a higher than expected performance in the first half of the year, Finance Minister Situmbek... -
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BOJ not doing enough on deflation
The Bank of Japan is not doing enough to fight deflation and one possibility is for the central bank to buy more government bonds, a campaign aide to a ruling party powerbroker challenging Prime Minis...
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The Importance for Individuals to Use Sustainable Chemicals
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Small Businesses: Finding the Right Candidate for the Job
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How to Write the Perfect Thank You Letter After Your Job Interview
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3 Best Large-Cap Blend Mutual Funds For Enticing Returns
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China suspected in massive breach of federal personnel data
