Archive for December 2012
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Denizbank is aiming for higher growth than the Turkish banking sector as a whole in 2013, driven by its expansion in agriculture, tourism and energy financing, its Chief Executive Officer Hakan Ates said. Denizbank, Turkey's
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Cambodia on Friday gave the green light to construction of its first oil refinery, a multi-billion-dollar Chinese-backed project, as the kingdom looks to tap its untouched offshore reserves. Cambodia's oil and gas regulator approved a
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The US gave strong support to Argentina on Friday in the Latin American country's legal battle with hedge funds over the repayment of $1.3 billion to holders of defaulted bonds. Shortly before a court-imposed deadline,
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Colombia's annual inflation is likely to slow in December and through next year as the economy cools and a tax reform cuts gasoline prices, reducing the cost of some foodstuff and other goods, according to
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The recovery in the US housing market is looking more solid and economists are increasingly confident about price rises next year as they raised their forecasts again in the latest Reuters poll published on Monday.
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Already struggling at home with weak revenues and tough new capital and leverage requirements, investment banks are now also facing a slump in their once most promising business - emerging markets. Fees are plummeting because
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Already struggling at home with weak revenues and tough new capital and leverage requirements, investment banks are now also facing a slump in their once most promising business - emerging markets. Fees are plummeting because
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US benchmark Treasury debt prices rose for a third consecutive session on Friday on safe-haven buying as hopes faded for a deal to avoid tax hikes and spending cuts that could throw the US economy
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US benchmark Treasury debt prices rose for a third consecutive session on Friday on safe-haven buying as hopes faded for a deal to avoid tax hikes and spending cuts that could throw the US economy
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Canada's main stock index fell in thin trading on Friday as uncertainty surrounding US budget discussions weighed on investor sentiment. President Barack Obama and top lawmakers met in a last-ditch attempt to craft a budget
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