The exchange will create separate departments in Corporate Finance this month in accordance with a directive of the regulator of stock markets to ensure corporate governance and to bring more transparency among listed companies. The initiative, designed to make concessions of principal regulator, will also help investors obtain financial information or disclosure of the company [...]
Finance ministers of the European Union (EU) Monday described the details of the bailout funds that have a permanent capital base of 700 million Euros (987 billion) to tackle the debt crisis in future sovereign. “I can tell you that we agree on all elements of the ESM (European Stability Mechanism), and I am delighted [...]
One of the dealers of the leading countries have boldly declared the global financial crisis over, saying there will be a big change from fixed-income securities in the stock market and property investment in the year come. Charlie Aitken, director and head of institutional dealing for Bell Financial Group owned by Southern Cross Equities, said [...]
Citi’s global financial company, said today that India must do more to stop the flow of illegal funds “tax havens, despite recent government measures have yielded some results. “Although the government’s efforts to present some results … more to be done to solve the annual loss of property abroad through illegal flows,” Citi said in [...]
You don’t really need a corporate blog to tell you that the world today is smaller than ever. That means not only that people from all over the world can communicate more freely but also that a lot of new career avenues have opened up to a wider section of people the world over. One [...]
The Institute of International Finance, Inc. (IIF), a global association of financial institutions, said in a note that, The Philippine economy could grow 6.5% this year, faster than the government target of 5% to 6%, has a strong trade in goods and services, low inflation and efforts to control the deficit. Authorized data show the [...]
China’s Xinhua news agency reported,” Brazilian Finance Minister Guido Mantega on Wednesday called for reforming the international financial system to get less dependent on U.S. dollars.” G-20 in Seoul, said Mantega the need to create a system based on several currencies including the euro, the yuan, and even the Brazilian real. “There may have to [...]
The World Bank has a normal twin sister, the glamorous with the (IMF) International Monetary Fund. Twins has been designed after the Second World War and it was hoped, helps countries to maintain monetary stability and growth. Given the preponderance of U.S. political and economic issues at that time, it was decided to both be [...]
German Chancellor Angela Merkel rejected on Thursday a call by US President Barack Obama and others to boost spending and rely less on exports, saying less competition would not aid a global recovery. “German export successes reflect the high competitiveness and innovation strength of our companies,” Merkel told the Wall Street Journal in an interview. “Artificially reducing Germany’s [...]
Greece: The giant container cranes lie still in the haze of a warm spring afternoon in the port of Piraeus near Athens – a vital commercial hub for the economy since the days of ancient Greece. Business for the local dockworkers is badly down these days as a result of the deep economic crisis that [...]
Recent Comments