How has the past year affected OTP Pension Funds’ performance? After a negative, pessimistic year in 2008 we achieved real success last year. In terms of investments, 2009 was also the most successf...
Italy’s Banco Popolare expects 2010 results to be in line with forecasts while possible sales of non-strategic assets could boost its capital ratios, its chief executive said recently. In La Stampa ...
Specialising in market niches such as government banking, infrastructure projects, factoring to suppliers of government-owned firms, agribusiness, and fiduciary services, Banco Interacciones continues...
At present, without giving unnecessary specifics the whole foreign exchange market can be described in a few words: expanding, progressive, capacious, a kind of melting pot (as applied to the group an...
ICBC Macau was established by integrating the Macau Branch of ICBC (Macau Branch) with Seng Heng Bank (Seng Heng) in July 2009. Holding a full banking licence issued by the Monetary Authority of Macau...
Global trade will face lingering protectionism for up to two years, as the job market reels from the global financial crisis, World Trade Organisation Director-General Pascal Lamy said recently. “We...
The Bank of Japan could say this month that consumer prices will stop falling next fiscal year, sources say, but analysts said it would keep its easing bias as a full-fledged escape from deflation is ...
Eurozone finance ministers approved a 30 billion euro emergency aid plan for debt-plagued Greece on April 11. Together with at least 10 billion euros expected from the IMF in the first year, it could ...
“Borrowing for this year is even closed. There will be no more borrowing,” Geoffrey Mwau, economic secretary at the Finance Ministry, told reporters. Treasury wants an additional 27.62 billion shi...
Africa’s contribution to the global body of scientific research is very small and does little to benefit its own populations, according to a report from Thomson Reuters. Like India and China, Africa...