Archive for December 2012
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South Korea's Daewoo Shipbuilding and Marine Engineering said Tuesday it had secured a 1.9 trillion won ($1.8 billion) order to build a fixed platform for Norway's Statoil ASA. Daewoo said it would complete the 31,000-ton
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Turkey's central bank will add a required reserve ratio (RRR) based on banks' leverage ratios to its policy tool kit in early 2014 to support financial stability, officials said in an end of year news
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Turkey's central bank will add a required reserve ratio (RRR) based on banks' leverage ratios to its policy tool kit in early 2014 to support financial stability, officials said in an end of year news
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Black market rates for the Sudanese pound hit a record low against the dollar on the black market on Tuesday as importers struggled to get hard currency, likely adding to pressure on the government to
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Brazil will continue to take steps to avoid excessive appreciation in the country's real currency following the latest monetary stimulus by the US Federal Reserve, Finance Minister Guido Mantega said. Speaking to businessmen and economists
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The Czech central bank's most ardent opponent of interest rate cuts signalled she could agree with foreign exchange interventions to weaken the crown and ease policy further, under certain conditions. In an interview with Reuters,
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Canada's dollar will feel longer-term pain from the government's shock decision to block a Malaysian bid to take over Progress Energy Resources Corp, which suggests the country may be less receptive to foreign capital in
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Iceland should keep the crown currency in a tightly managed float if it stays outside the European Union and does not adopt the euro, its central bank governor said, the first time he has sketched
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China's yuan closed little changed against the dollar on Tuesday, with deals mostly limited to urgent business between banks and their clients ahead of the year-end, traders said. The yuan closed at 6.2339 per dollar,
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The private equity consortium which owns half of Abu Dhabi healthcare provider Al Noor Medical is reviving plans to sell its stake through a stock market listing in 2013, four sources aware of the matter
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