Tuesday, October 13, 2026

International Finance

Category : Economy

Economy

US Fed monetary policy: A moving target

International Finance Desk
by International Finance Desk
Interest rates unchanged following the September meeting Ken Taubes September 26, 2016: As expected, the Federal Reserve Board left interest rates unchanged following the September meeting of the Federal Open Market Committee (FOMC). In its statement following the meeting, the FOMC said, “The Committee judges that the case for an increase in the federal funds...
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Economy

Brexit: So far so good for the UK

International Finance Desk
by International Finance Desk
Among other things, it is more price competitive in global markets, thanks to the depreciation of the pound Suparna Goswami Bhattacharya September 26, 2016: Though talks of the adverse after-effects of Brexit have been going on for a while, things have not been as bad for the country as was predicted, at least for now....
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Economy

Companies optimistic over next 12 to 18 months

International Finance Desk
by International Finance Desk
However, few firms are preparing for the worst, says research by Willis Towers Watson September 23, 2016: Companies are hoping for the best, but preparing for the worst in the coming year. Findings from Willis Towers Watson’s Hong Kong and Macau Severance Practices Surveyindicate that the majority of surveyed companies in Hong Kong and Macau...
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Economy

Inflation in Venezuela is expected to touch 700%

International Finance Desk
by International Finance Desk
Many citizens can no longer afford to feed themselves leading to protests Marcus Turner Jones September 23, 2016: Venezuela remains in crisis, facing the largest demonstrations that the country has ever seen. The scale of the crisis has caused President Nicolas Maduro to declare a ‘constitutional state of emergency’, with rival pro and anti-government activists...
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Economy

Iran trims aircraft deals

International Finance Desk
by International Finance Desk
Citing delay by US, reduces Airbus order by six and Boeing by one IFM Correspondent September 21, 2016: Fed up with delay in getting regulatory approvals, Iran has reduced the number of airplanes it plans to buy from Airbus by six and from Boeing by one. The country’s deputy transport minister said Iran finds it...
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Economy

Bank of Japan keeps rate steady

International Finance Desk
by International Finance Desk
Will target 10-year interest rate committing to keep it around zero IFM Correspondent September 21, 2016: Japan’s central bank issued a plethora of changes to its policy approach but kept rate steady. The Bank of Japan (BOJ) said it would start targeting 10-year interest rates, committing to keep them around zero as part of a...
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Economy

Brazil takes a $27 billion hit

International Finance Desk
by International Finance Desk
That’s the cost of the Petrobras scandal to the world’s seventh largest economy Kamilia Lahrichi April 8, 2015: The Petrobras oil scandal, which sparked massive protests across Brazil against the government’s corruption and the economic slowdown, has cost $27.1 billion to the GDP of the world’s seventh largest economy, according to an April 2015 study...
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Economy

Vietjet opens Hong Kong – Ho Chi Minh City route

International Finance Desk
by International Finance Desk
The route will commence operations from 9 December, 2016 September 15, 2016: Vietnam’s new-age carrier Vietjet announced the opening of a new international route linking Hong Kong with Ho Chi Minh City (Vietnam). The route will commence operations on 9 December, 2016. His Excellency, Mr. Nguyen Xuan Phuc, Vietnam Prime Minister and Her Excellency, Mrs....
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