Browsing Category News
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EU study wants risky bank trading separate from retail
An advisory group set up by the European Commission has called for Europe’s biggest banks to keep their traditional deposit-keeping business legally apart from other, higher-risk... -
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Thai economy beats growth forecast for Q2
Thailand’s economy has expanded around 3.3 percent in the second quarter, smashing forecasts which had puts growth at 1.7 percent. The figure was released by the National Economi... -
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Brazil launches $66bn stimulus package
Although the world’s second largest emerging economy has provided investors with plenty of opportunities over the last few years, growth last year plummeted partly as a result of... -
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Standard Chartered settles with US over Iran deal claims
After coming in for heavy criticism for hiding a series of transactions with Iranian financial institutions, Standard Chartered has paid off regulators in New York. The US has stri... -
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German economy makes sluggish gains
Figures released this morning show that the German economy, which has held together the chaotic eurozone during the last few years of financial strife, has grown just 0.3 percent o... -
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JP Morgan hopes merging divisions will pay dividends
With many financial institutions coming under pressure to restructure their businesses in the wake of the last few years of economic turmoil, some firms have looked to separate asp... -
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Manchester United share price slashed prior to US flotation
Originally targeting a share offering of between $16 and $20, Manchester United has been forced to cut down to $14 in advance of today’s historic flotation on the New York Stock ... -
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Belgium shuts nuclear reactor for possible cracks
Belgium has interrupted the use of one of its seven nuclear reactors, after suspicion was raised that one of its components might be cracked, according to the local atomic regulato... -
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Calls for stimulus as Chinese economy slows down
A slowdown in industrial output and retail sales has seen China’s economy stumble in the second half of 2012, alarming investors who had hoped the world’s second largest econom... -
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US wants help with Sudan oil deal
After agreeing a deal between Sudan and South Sudan that aims to open up the oil production of the two countries, the US is hoping that China and Middle Eastern states will help in...
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