Browsing Category News
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China visible in eurozone bond buys – EU trade chief
“China’s presence in Europe is visible across the board whether in China’s recent purchase of several hundreds of millions of euros of government bonds in the eurozone, parti... -
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Champagne makers signal return to growth
Remy Cointreau, which makes Piper-Heidsieck champagne, said sales of champagne rose 23 percent to 16.7 million euros ($21.3m) in its fiscal first quarter to June 30. Vranken-Pommer... -
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IMF: Low oil price a risk to Gulf region growth
In an updated report on GCC member states the IMF urged countries to prepare exit strategies from the current high spending levels but not to implement them until economic conditio... -
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IMF should be realistic about Hungary deficit-Kosa
The IMF should be realistic when considering a deficit target for Hungary for 2011, ruling Fidesz party vice chairman Lajos Kosa has told public television m1. When asked in an int... -
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South Africa faces hard choices to solve jobs crisis
But reforming labour markets, one obvious way to help narrow the gap with other emerging economies, will not be easy given the political clout of a union movement that was instrume... -
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Argentina’s import curbs threaten to bite back
The South American nation, which saw exports rise 25 percent year-on-year in May, responded to the global financial crisis by limiting imports of shoes, fresh fruit and other goods... -
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Philippines may raise taxes
Asia’s largest sovereign issuer of offshore bonds may post its second successive record budget deficit this year, and the key factor that will determine how markets react to the ... -
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Africa equity funds end 44-week inflow streak
A 44-week streak of inflows to funds investing in emerging and frontier equities in Africa has ended while inflows to South Africa have risen, fund tracker EPFR Global said. EPFR G... -
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Moody’s downgrades Ireland, outlook stable
Moody’s has downgraded Ireland’s sovereign bond rating by one notch to Aa2, citing weaker growth prospects and the high costs of rebuilding the country’s crisis-hit banking s... -
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AgBank closes mega IPO with tepid HK debut
Agricultural Bank of China’s $19.3bn IPO crossed the finish line on July 16 after a hectic three-month sprint, notching up modest gains in its Hong Kong debut amid concerns about...
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