Monday, Nov 25, 2024

International Finance

Tag : Capital Markets

Islamic Banking

DIB’s ‘Smart Bank’ set to redefine customer service

International Finance Desk
by International Finance Desk
New customers can complete their account opening formalities and walk out with their ATM cards and cheque books within 15-20 minutes July 23, 2014: Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has announced the launch of ‘Smart Bank’, in line with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum’s,...
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Economy

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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Economy

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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Economy

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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Banking

Mobile, i-banking transactions worth nearly £1 billion a day in UK

International Finance Desk
by International Finance Desk
In 2014, the rate of adoption of digital banking grew strongly with more than 15,000 people downloading banking apps a day July 22, 2014: Mobile and internet banking are now being used for transactions worth nearly £1 billion a day in the UK, according to a major industry-wide report into consumer-friendly technology by the BBA...
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Economy

India’s industrial output in May highest since 2012-end

International Finance Desk
by International Finance Desk
Independent survey of manufacturing sector indicates that uptrend continued in June with factory output expanding for the eighth successive month, reports Team IFM New Delhi, July 18: India’s industrial output grew to a 19-month high in May, topping analysts’ predictions and goading corporate India to talk of a recovery “on the anvil”, while an independent...
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Economy

Singapore’s factory output dips, drags down Q2 growth

International Finance Desk
by International Finance Desk
Island nation’s growth forecast for 2014 also revised downward following reversal after first quarter growth, reports Team IFM Singapore, July 18, 2014: Singapore’s growth shrunk in the second quarter after notching an ascent in the first, primarily because of a decline in the manufacturing sector, prompting financial institutions to downgrade their GDP foresight for 2014...
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Economy

UK’s growth to slow down in second half: The Conference Board

International Finance Desk
by International Finance Desk
But some surveys point to orders expanding in manufacturing, construction and services leading to fresh recruitment, reports Team IFM London, July 18, 2104: Britain is set for a slower growth trajectory in the second half of the year, according to a widely-followed index gauging perceptions on future economic conditions, even as a slew of surveys...
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Business Leaders

For JTB, it is all about SMEs

International Finance Desk
by International Finance Desk
At Jammal Trust Bank, anyone who needs to finance a productive idea is considered a potential SME July 18, 2014: SMEs are a fundamental part of the economic fabric in Lebanon. They play a crucial role in furthering growth, innovation and prosperity. Unfortunately, they are strongly restricted in accessing the funds that they require to...
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Economy

Concerns about stagnation in Germany

International Finance Desk
by International Finance Desk
he ZEW index, which measures investors’ confidence, continued its recent downward trend and decreased in July for the seventh month in a row July 16, 2014: While the World Cup trophy just landed in Berlin, the German ZEW index sends more signs of caution. The ZEW index, which measures investors’ confidence, continued its recent downward...
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