Sunday, Mar 1, 2026

International Finance

Category : Economy

Economy

China’s investment in Indonesia up from $600 million to $1.6 billion

International Finance Desk
by International Finance Desk
Boost for President Joko Widodo’s ambitious program to build infrastructure IFM Correspondent November 1, 2016: Many countries are racing to invest in Indonesia, South East Asia’s biggest economy. Last week, Finance Minister Sri Mulyani Indrawati said the economy will probably expand 5 percent this year, making Indonesia an attractive investment destination. According to reports from...
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Economy

Brexit: Sterling appears more vulnerable than any other major currency

International Finance Desk
by International Finance Desk
Its value in foreign exchange markets is reliant on purchase of UK financial assets by overseas investors Don Smith October 27, 2016: Despite a run of better than expected UK economic data since the Brexit vote – including 0.7% second-quarter expansion, beating estimates – financial markets are increasingly concerned about the outlook for the country’s...
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Economy

Oil price down cycle ‘nearing end’: Saudi minister

International Finance Desk
by International Finance Desk
“Market fundamentals, in terms of supply and demand, have begun to improve” IFM Correspondent October 26, 2016: Speaking at the World Energy Congress in Istanbul, Turkey, Saudi Arabia’s Energy Minister Khalid al-Falih said that as market fundamentals improve, the current down cycle of crude prices is close to an end. Oil prices are currently hovering...
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Economy

Canadian economy at stake over landmark trade deal with EU

International Finance Desk
by International Finance Desk
Canada and the EU remain hopeful that CETA, the EU’s most ambitious free trade deal, can still go through IFM Correspondent October 25, 2016: The Canadian economy has been facing a serious slump due to a number of reasons. To add to its woes, negotiations over a key trade deal – the Comprehensive Economic and...
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Economy

Next US president may have to deal with recession

International Finance Desk
by International Finance Desk
WSJ survey reveals odds of a recession within next 12 months is about 21% IFM Correspondent October 24, 2016: Only a few weeks is left before the US chooses its 45th president. Historically, every US president elected till date has faced a recession or a recession-like scenario. A Wall Street Journal survey in June of...
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Economy

Iraq refuses to cut oil production

International Finance Desk
by International Finance Desk
Says the country needs funds as it is embroiled in a war with Islamic militants IFM Correspondent October 24, 2016: It is back to square one. When things were finally looking up for the oil market with Iran agreeing to stabilise the market, Iraq played a spoilsport by refusing to join any deal from OPEC...
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Economy

UK’s €40 billion bill could be EU’s first Brexit hurdle

International Finance Desk
by International Finance Desk
UK could put the budgetary contributions at the forefront of negotiations, in the hope of gaining leverage Lewis Crofts and Matthew Holehouse October 20, 2016: Before UK and EU officials get down to the detailed work of unpicking laws and drafting the transitional measures to govern Brexit, they may first have to deal with the...
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Economy

Things are finally looking up for Asia

International Finance Desk
by International Finance Desk
Asia has managed to stabilise itself thanks to China’s improved economic performance Suparna Goswami Bhattacharya October 20, 2016: It is the last quarter of the year and things have changed drastically since January for the global economy. Asia, in particular, has witnessed a change in outlook by economists. Back in January, things looked shaky. Chinese...
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Economy

Saudi Arabia launches sale of international bonds

International Finance Desk
by International Finance Desk
Seeks to raise up to $15 billion IFM Correspondent October 19, 2016: Saudi Arabia has officially launched its first international bond sale. The move comes as the Kingdom looks to debt markets to help ease its cash squeeze as a result of the two-year oil price slump. The low oil price has led to a...
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