Archive for January 2010
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Iraq and a group led by US oil major Exxon Mobil will sign a final deal for the development of the 8.7-billion barrel West Qurna Phase One oilfield on January 25, an Iraqi Oil Ministry
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The Swiss National Bank Monday announced an agreement with several European central banks to end a foreign exchange programme to swap Swiss francs for euros as part of moves to unwind anti-financial crisis emergency measures.
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Vietnam's central bank said on Monday it would cut the compulsory reserves banks must keep on non-term foreign currency deposits and on those with terms of up to 12 months to 4 percent from 7
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Voter support for Japanese Prime Minister Yukio Hatoyama and his party has fallen due to a funding scandal linked to his powerful No 2 party executive, three media surveys showed on Monday, raising the risk
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Developed countries may slip back into recession if they abandon strategies deployed to battle the global financial crisis too early, the head of the International Monetary Fund warned on Monday. Recovery in private demand and
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Abu Dhabi's $10 billion December bailout to Dubai included $5 billion already committed by two banks controlled by the emirate, signalling Abu Dhabi's cautious approach to helping its debt-laden neighbour. Analysts said news that Abu
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Bank of Japan Governor Masaaki Shirakawa pledged to keep monetary policy easy to help pull the country out of deflation, reassuring the government, which has been pushing the central bank to do more to support
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Foreign demand likely kept Germany's economy growing in the fourth quarter but its economy is slowing as consumer spending on cars and retail purchases tails off, the Bundesbank said on Monday. A dispute among government
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Malaysian crude palm oil futures ended slightly lower on Monday, recouping most of the day's 2.2 percent loss as investors moved to cover their short positions in an oversold market, traders said. "The idea that
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A spike in rubber prices towards their strongest level in more than 50 years may not be sustainable and key producers are looking for ways to prevent a repeat of a brutal correction more than
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