Monday, July 14th, 2008
South Korea's central bank reemphasized Monday that fighting for inflation will continue to be its main concern in the second-half of this year to put out fueling speculation of a rate increase soon.
"Of slow growth, rising consumer ...
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Monday, July 14th, 2008
IndyMac Bank, the largest bank in California ever to be taken over by regulators, will reopen on Monday as IndyMac Federal Bank, and will be "as safe and sound a bank as any in the country," the bank's new CEO said Sunday.
IndyMac, ...
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Monday, July 14th, 2008
South Korea plans to ease rules on borrowing by local branches of foreign banks from their oversea parent companies from this year to attract more foreign currency and boost the won, the Ministry of Strategy and Finance said Monday.
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Saturday, July 12th, 2008
Italy's public debt rose for the fourth month in a row in April and set a new record high of 1,661.4 billion euros, the Bank of Italy said on Friday.
The debt was some 15 billion euros higher than in March and was over 50 billion ...
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Saturday, July 12th, 2008
World Bank Zambia manager Kapil Kapoor has urged the government to broaden the public-private-partnership (PPP) concept away from the mines to involve other sectors of the economy, according to Saturday Post.
Commenting on the slow ...
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Friday, July 11th, 2008
The ice rink offered sweet release for Paul Ardire, an analyst at Deutsche Bank AG, as credit markets unraveled last autumn.
Ardire straps on his skates twice a week as captain of two ice-hockey teams the bank sponsors at Chelsea Pie ...
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Friday, July 11th, 2008
Increasing integration among Asian economies offers a new platform to promote growth and strengthen trade links, which is conducive not only for Asia, but also for the rest of the world, the Asian Development Bank (ADB) said on Thursday.
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Wednesday, July 9th, 2008
The state-invested Industrial Bank of Korea (IBK) said it plans to support smaller firms by extending more loans from late July as they are facing greater pressure under the slowing economic growth, Yonhap news agency reported.
"Ami ...
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