Browsing Category News
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Greece set for final vote on austerity bill
The Greek government is set to hold a second vote on Thursday on an austerity bill that forms part of the bailout deal with the IMF and ECB. Amid public protests Greece is expected... -
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New IMF chief Lagarde calls for Greece unity
Christine Lagarde, the French finance minister, was late on Tuesday elected as the first woman to head the IMF. Her victory was sealed after a late endorsement from the US which sa... -
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TomTom shares crash after profit warning
TomTom, the Dutch navigation system maker, on Tuesday lost an estimated €325.7m in market value as investors responded to the company’s profit warning published on Monday. The ... -
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New chief of IMF announcement imminent
The IMF board’s 24 members are due to make a decision on who will be the next IMF managing director after the two key candidates had an opportunity to present all relevant inform... -
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“You only feel liquidity when it’s not there”
Liquidity is a key factor in all markets. And it is often more elusive and fragile than it appears, as recent events in the commodity markets have emphasised. “Obviously liquidit... -
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EU leaders agree to Greek bailout?
Europe’s leaders agreed late on Thursday to release a fresh €12bn bailout for Greece provided it passes an austerity package before its parliament.? Greece is expected to intro... -
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Does Dodd Frank meet the test of our times?
With financial reform legislation barely a year old, Republican policymakers, urged on by Wall Street’s influential figureheads, have been vehemently spinning the yarn of the Dod... -
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Inbursa: Growth with profitability
The bank has a very strong balance with a 20.5 percent tier one capital ratio, and its loan loss reserves cover 5.4 times the non performing loans. The strength is reflected in the... -
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Ideas-based trading
Forex gained the confidence of active people investigating avenues of generating additional income long ago. Distance methods of earning are the most popular ones and attract the a... -
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New growth frontier for Islamic finance
In Islamic banking, traditionally banks do not invest in interest bearing instruments like treasuries or bonds, which means all deposits collected are transferred to the real econo...
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