Friday, Jul 31, 2026

International Finance

Category : Economy

Economy

International Finance Magazine, Financial Awards – Malaysia 2013

International Finance Desk
by International Finance Desk
International Finance Magazine today announced the Financial Awards 2013 for Malaysia, International Finance Magazine (IFM), the London based online magazine with a viewership in over 150 countries announced the financial awards 2013 for Malaysia. The recipients have been chosen after a rigorous selection process by the internal tem as well as key inputs from an...
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Economy

Big banks still refuse transactions with Iran

International Finance Desk
by International Finance Desk
Fear backlash from US Suparna Goswami Bhattacharya September 08, 2016: Post-sanctions, things are not exactly smooth for Iran. Many international banks are not letting their customers carry out transactions with Iran. Recently, ANZ bank refused its customers transactions with Iran fearing a backlash from the US treasury. Though Australia has dropped trade sanctions with Iran,...
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Economy

Saudi, Russia to work together on oil prices

International Finance Desk
by International Finance Desk
Price of oil jumps 5% September 6, 2016: The price of oil jumped by 5% after Russia and Saudi Arabia discussed ways to stabilise oil prices on the sidelines of the G20 summit in China. Both countries said they will not act immediately but could limit output in the future. The joint statement was signed...
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Economy

Getting closer to US interest rate hike

International Finance Desk
by International Finance Desk
Fed Chair says data is moving in the right direction and she is philosophically inclined to increase rates, but… Seth Roman September 02, 2016: The intention of the Federal Reserve Board to raise rates is clear, but it is still a question of when. In her annual speech at the Jackson Hole Summit in Wyoming,...
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Economy

Confidence among UK businesses improves post Brexit

International Finance Desk
by International Finance Desk
However, not much excitement about the economy IFM Correspondent September 2, 2016: Things are not as bad as it was thought it would be post Brexit. A monthly business survey has found that more than half of the confidence lost in the aftermath of the referendum has been recovered. However, businesspersons remained largely pessimistic about...
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Economy

Informal OPEC meet in September does not raise hopes

International Finance Desk
by International Finance Desk
Experts do not expect a major impact on oil price IFM Correspondent August 17, 2016: The past week saw OPEC announcing plans for an informal meet at the International Energy Forum in late September. The announcement comes at a time when Saudi Arabia is pumping a record amount of oil and Iran is resuming production...
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Economy

UAE leads Arab countries in 2016 Global Innovation Index

International Finance Desk
by International Finance Desk
UAE ascends six places to 41 globally August 16, 2016: The UAE showed a significant improvement in its innovation standing on the 2016 Global Innovation. The UAE ranked first among Arab countries and 41st worldwide in terms of overall performance on the index, up from second in the Arab World and 47th globally in 2015....
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Economy

Rio Olympics to cost £1.6bn to British economy

International Finance Desk
by International Finance Desk
Research finds employees watching 24 minutes of the Olympics each day in the office August 8, 2016: Sporting Index, world’s largest sports spread betting business, has found that the cost to the British economy from workers watching the 31st Olympiad at work is a staggering £1.6 billion. The leading spread betting firm commissioned pollsters Opinium...
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