International Finance

Category : Economy

Economy

‘Focus on EU referendum and get it over with’

Industry believes decisive UK election result will help only once all hurdles to growth are overcome quickly Peter Taberner May 18, 2015: Britain is still raising its eyebrows, after David Cameron’s Conservative Party won an outright majority in the general election, after five years in Downing Street as part of a coalition government. It was...
Economy

London secures £200 mn for extension to Northern Line

The UK’s first ever CPI-linked Sterling bond will contribute to the cost of the new project May 12, 2015: A £1billion infrastructure project that will link Battersea to the London Underground is another step closer due to a pioneering new method of financing agreed between the GLA and Lloyds Bank Commercial Banking. On May 11,...
Economy

Egypt betting big on a new capital

President hopes it will usher in new investments; however, such plans have failed in the past Suparna Goswami Bhattacharya April 29, 2015: Over the past 5,000 years, Egypt has changed its capital city 29 times. The Pharaohs of Egypt often moved the capital by building new cities. But since 950 AD, the country has had...
Economy

Uncertainty of election makes pound jittery

On April 10, the pound fell to a five-year low against the dollar Tim Evershed April 17, 2015: Uncertainty surrounding the result of next month’s UK general election is sending the sterling on a rollercoaster against the dollar. On April 10, the pound fell to a five-year low against the dollar as election jitters combined...
Economy

Asia’s SMEs catch onto alternative finance

Outlook from Singapore, India, China and other countries show that firms are opening up to this April 16, 2015: Alternative finance is a landmark shift from institutional trust to peer trust. Disruption is democratising capital allocation by untethering financing from centralised, one-stop shops. This unbundling of services is leading to the creation of online marketplaces....
Economy

Argentina sues and suspends Citibank

The reason is the bank’s exit from its bond custody business Kamilia Lahrichi April 14, 2015: The Argentine left-wing government is suing in local courts Citibank Argentina, the country’s 12th largest bank by deposits and a subsidiary of Citigroup, for exiting its bond custody business, Economy Minister Axel Kicillof said on April 8, 2015, in...
Economy

Singapore draws up smart plans

The aim is to be a smart nation within 10 years Suparna Goswami Bhattacharya April 10, 2015: Steve Leonard, the executive deputy chairman of Infocomm Development Authority (IDA), Singapore’s technology development arm, is a busy man. After all, it cannot be any different when you have been bestowed the responsibility of making Singapore a smart...
Economy

‘AEC could propel local companies into regional powerhouses’

F&S says that local firms need to move away from low-labour cost production operations April 9,2015: The ASEAN Economic Community (AEC) could push local companies to become regional powerhouses, says Frost & Sullivan. Nitin Bhat, Partner & Head of Consulting at Frost & Sullivan said that to increase the competitiveness of Malaysian companies and prepare...
Economy

Zaiwalla & Co welcomes Iran’s nuclear deal

The solicitor gives thumbs up to the framework agreement reached with the P5+1 countries April 8, 2015: Zaiwalla & Co, the solicitors who overturned both the United Kingdom’s and European Union’s sanctions against Iranian banks, welcomed the  framework agreement which has been reached between the P5+1 countries and Iran relating to Iran’s nuclear programme. This...
Economy

Menacorp tops dubai financial market’s list of brokers for Q1 2015

Attributes success to robust business model April 6, 2015: Menacorp, the UAE’s largest financial services firm, has achieved another milestone after it was named the top brokerage firm from among the 49 listed brokers at the Dubai Financial Market (DFM) for the first quarter of 2015. The award-winning investment firm ranked first in terms of...