Monday, Apr 20, 2026

International Finance

Tag : economy

Banking

‘BNU is growing along with Macau’

International Finance Desk
by International Finance Desk
Interview with Pedro Cardoso, Chief Executive Officer of BNU, which has been a century-old pillar of Macau’s economy March 14, 2016: Banco Nacional Ultramarino, S.A. (BNU) was awarded the ‘Best Socially Responsible Bank Macau 2015’ and ‘Best Retail Bank Macau 2015’ by International Finance Magazine Awards 2015 on its long-standing and unwavering commitment to its...
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Economy

Will falling oil prices drive global economy into a crisis?

International Finance Desk
by International Finance Desk
An analysis by the Corporates & Markets division of Commerzbank AG February 8, 2016: If the oil price slumps, the stock prices plunge: Cheaper oil is clearly now regarded as negative, unlike in earlier times. We assess whether the economic correlations have really changed. Our analysis shows that a falling oil price is not always an...
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Economy

Saudi looks to austerity measures to cut losses

International Finance Desk
by International Finance Desk
Government is seeking advice from experts on downsizing budget Suparna Goswami Bhattacharya January 25, 2016: Saudi Arabia has reveled in its oil-rich economy for years, but is finally feeling the pressure of falling oil prices. So much that the government is considering austerity measures. There are enough reasons to think about austerity, especially since the...
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Economy

China slowdown is bad news for Asian countries

International Finance Desk
by International Finance Desk
However, India bucks the trend, grows at a steady pace Suparna Goswami Bhattacharya December 9, 2015: Countries in Asia are facing a tough time as economy in China shows no signs of improvement. Though the slowdown is bound to impact the world as China has been one of the main engines of economic growth, the...
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Banking

‘We set standards for the best customer experience’

International Finance Desk
by International Finance Desk
BankDhofar of Oman has also been a leader in terms of product innovation and creative solutions  July 22, 2015 : How has the Sultanate been doing with efforts to diversify its oil-dependent economy? As part of ‘Oman Vision 2020’, there are concerted efforts to diversify the economy and reduce the dependency on oil. The specific...
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Economy

‘Focus on EU referendum and get it over with’

International Finance Desk
by International Finance Desk
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...
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Economy

Argentina sues and suspends Citibank

International Finance Desk
by International Finance Desk
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...
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Economy

Betting big on India

International Finance Desk
by International Finance Desk
Acting as a catalyst to its growth story is US President Barack Obama’s recent visit, which may inspire investors to pile up Indian stocks throughout 2015 Suparna Goswami Bhattacharya February 19, 2015: If one were to describe India’s growth story in one line, it would read something like this– A nation of unrealised potential. The...
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Economy

Saudi Arabia moving away from oil

International Finance Desk
by International Finance Desk
The Saudi government is making all efforts possible to increase share of the manufacturing industry Suparna Goswami Bhattacharya January 27, 2015: One does not really associate names like Jaguar Land Rover, a British automotive company; or Mars, an American confectioner, with Saudi Arabia. For years, Saudi Arabia has become synonymous with oil. And it is...
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Economy

An unhappy New Year for Argentina

International Finance Desk
by International Finance Desk
It is entangled in a legal battle with hedge funds that bought its debt on the cheap during the 2001 crisis Kamilia Lahrichi January 12, 2015: There will be no truce between the Argentine government and its foreign creditors, despite the expiration of a provision on December 31, 2014 that could have paved the way...
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