Tuesday, September 13 2011 , Your time is 15:58:00
China’s turbulent stock markets rose sharply on Aug. 27, helped by a strong rebound on Wall Street on expectations that the U.S. Federal Reserve will respond to days of China-led volatility by delaying an expected interest rate rise next month
VIENNA - Reuters
UniCredit’s central and eastern Europe arm Bank Austria has boosted its banks’ liquidity to buffer impact from Greece, the head of its eastern Europe division, Carlo Vivaldi, told Austrian newspaper Kurier
DUBAI - Agence France-Presse
The Islamic sukuk or bond market is set to drop sharply this year after Malaysia’s Central Bank, one of the largest global issuers, stopped doing so, Standard & Poor’s said on July 7
Over half of Turkish people believe that they will face economic problems after they retire, so most have planned to keep working, according to a survey by AvivaSA and its partner Aviva in 12 countries
SHANGHAI - Agence France-Presse
Chinese shares took another tumble on July 6, defying government efforts to arrest a precipitous fall that has wiped an estimated $3.2 trillion off markets and threatens the world’s number-two economy.
Chinese stocks stormed into positive territory in volatile trade on July 9 as Beijing launched new measures to halt a dramatic sell-off, prompting Asian markets to rebound, but dealers questioned whether the gains would last
SHANGHAI - Reuters
The number of Chinese-listed companies seeking to halt trading in their shares has surged since the country’s bourses began a precipitous plunge in the middle of last month, prompting concern some firms are trying to escape the turbulent markets
Chinese stocks plunged on July 8 after the country’s securities regulator warned investors were in the grip of “panic sentiment” and the market showed signs of freezing up as firms scrambled to escape the rout by having their shares suspended.
BEIJING - Reuters
China's parliament ratified an agreement with the world's largest emerging nations on July 1 to create a new development bank, state news agency Xinhua reported.
LONDON - Agence France-Presse
Europe’s main stock markets fell on July 7 awaiting more high-level talks on the Greek crisis and following heavy losses the day before
ANKARA - Anadolu Agency
The International Finance Corporation (IFC) said on June 25 it has agreed to loan 154 million euros ($172 million) to finance the building of a planned healthcare complex in Ankara.
ATHENS - Agence France-Presse
Greece’s new finance minister Euclid Tsakalotos is as discreet and tight-lipped as his predecessor Yanis Varoufakis was flamboyant and confrontational
SYDNEY - Reuters
The Australian government on June 24 said it would contribute A$930 million ($718.9 million) over five years to the new China-led Asian Infrastructure Investment Bank (AIIB), making it the institution's sixth largest shareholder.
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