Friday, Nov 29, 2024

International Finance

Category : Economy

Financial crisis: Repaydebt or grow income

International Finance Desk
by International Finance Desk
Europeans seem to be doing the former and Americans the latter, says ING senior economist Teunis Brosens August 13, 2014: Many countries have been under pressure to reduce their debt burden since the global financial crisis. But results are mixed and have serious implications for the recovery, says ING senior economist Teunis Brosens. Brosens tells...
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The grim and costly side of South Africa’s strike culture

International Finance Desk
by International Finance Desk
Striking mobs have been part of the South African economic landscape for quite some time. Over the past few years however, industrial action has become more frequent, violent, and costly; and a growing worry among investors, business owners,analysts. Miriam Mannak August 8, 2014: It has been a tumultuous couple of months on the South African...
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Brazil trade deficit at record high, manufacturing too disappoints

International Finance Desk
by International Finance Desk
Exports in January fell 26.6 percent compared to December, 2013 while imports rose 5.4 percent to push the country’s negative trade balance to an all-time high, reports Team IFM Sao Paolo, August 6: The week’s onset struck Brazil a double whammy – the country’s exports in January, 2014 fell drastically compared to December 2013 taking...
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Italy is back in technical recession

International Finance Desk
by International Finance Desk
Istat indicated that domestic demand was growth neutral, whilst net exports were a drag on growth August 6, 2014: Istat just released its flash GDP estimate, signaling that in 2Q14 the Italian economy fell back into technical recession. According to Istat, the Italian GDP contracted 0.2% QoQ (from -0.1% QoQ in 1Q14) and 0.3% YoY....
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India opens its doors a little more

International Finance Desk
by International Finance Desk
Sharan Lal says that the announcements on FDI send out a strong message that the newly elected government would promptly draw up action points where ever required July 30,2014: Earlier this July, Arun Jaitley, the Finance Minister of the recently elected NDA government in India, pleased the Indian markets by his announcement on increase in...
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Anatomy of a real estate crowdfunding transaction

International Finance Desk
by International Finance Desk
David Drake says that Fundrise takes a slightly different approach from others of its kind because it emphasises the social benefits that arise from investors having a say in the development of their own communities July 30,2014:Crowdfunding has now grown from a niche to a legitimate platform for funding projects of all kinds by raising...
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UK output finally exceeds pre-recession levels

International Finance Desk
by International Finance Desk
ING believes that BoE will end up tightening monetary policy sooner rather than later July 25, 2014: UK 2Q14 GDP growth has come in at 0.8%QoQ or 3.1% YoY, in line with market expectations. This is the fastest rate of annual GDP growth since 4Q 2007 and means that the UK economy has finally regained...
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UK manufacturing orders and employment on positive note: CBI survey

International Finance Desk
by International Finance Desk
Domestic orders power manufacturing recovery July 23, 2014: The recovery in British manufacturing continued apace in the last quarter, with faster growth in domestic orders and output, according to the latest Confederation of British Industry (CBI) quarterly Industrial Trends Survey. The survey of 481 firms reported robust growth in orders in the three months to...
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Property deal underlines confidence in New Zealand’s economy

International Finance Desk
by International Finance Desk
Canadian institutional investor buys portfolio of 18 assets July 22, 2014: A property portfolio of 18 assets, held in the AMP Capital Property Portfolio (APP) and worth in excess of NZ$1 billion, has been sold to Public Sector Pension Investment Board (PSP Investments), a Canadian institutional investor, on behalf of exiting investors. The deal, which...
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SGX opens liaison office in India

International Finance Desk
by International Finance Desk
It will provide information and act as a communication channel to support capital raising by Indian companies in Singapore July 22, 2014: Singapore Exchange (SGX) announced on Tuesday that, following approval from the Reserve Bank of India, its liaison office in India has commenced operations with Neena Prasad as its Chief Representative. SGX’s office in...
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