By John Lee. Iraq made its first major move in years to boost its gold reserves, joining central banks from emerging market economies such as Brazil and Russia in diversifying its foreign reserves. According to a report from the ...
Tags: Iraq, gold reserves, bank, finance
Google's latest attempt to add more content to its local business listings by buying travel brand Frommer has been challenged by the Consumer Watchdog. The acquisition – the financial details of which were not disclosed – ...
Tags: Consumer Watchdog, Frommer, Google, Safari tracking
Polaris Financial Technology Ltd., a leading global Financial Technology Company, today announced that Gartner, Inc. has positioned Polaris FT in the Leaders Quadrant of the recently released 'Magic Quadrant for International Retail Core ...
Tags: Polaris Financial Technology, Gartner, banking, finance service
Taipei, Dec. 12, 2012 (CENS)--People’s Bank of China announced yesterday (Dec. 11) designation of the Taipei branch of the Bank of China (BOC) as the renminbi clearance bank in Taiwan, thereby kicking off the cross-Taiwan Strait ...
Tags: Currency Clearance, currency clearance mechanism, deposit, remittance
Copper supply shortages will extend into the first half of next year as an accelerating Chinese economy more than doubles the pace of growth in global consumption even as mines extract a record amount of metal. According to the ...
Tags: copper, supply shortage, metal, mines extract, slowing growth
Saudi Arabia's non oil economy is expected to witness robust growth of 7.5% in 2012 on the back of continued high government expenditure and increased domestic demand. The Citi Research report Prospects said that the approval of the long ...
Tags: Citi report, oil industry, oil
Plexus Cotton Limited reported that New York (NY) futures rebounded this week, as December gained 169 points close at 75.22 cents. A week ago the December contract looked like it was ready to fall apart after it pierced through a 3-month ...
Tags: Cotton Futures, cotton industry, cotton market, rebound
Plexus Cotton Limited reported that New York (NY) futures have trended lower this week, as December fell by 369 points to close at 71.53 cents. With harvest in the Northern Hemisphere gaining momentum, the market finally came under some ...
Tags: cotton futures, cotton, cotton market, cotton industry
Taiwan may be able to establish RQFII (renminbi qualified foreign institutional investor) mechanism, similar to Hong Kong, thereby facilitating the flowing back of renminbi to mainland China, which is critical for Taiwan to develop into a ...
Tags: Taiwan, RQFII Mechanism
There are signs indicating that Taiwan's economy may bottom out soon amid an easing of global economic uncertainty,as the sentiment in its manufacturing sector has improved and the prospects of its exports have become more upbeat,the Taiwan ...
Tags: economy, Taiwan, Taiwan goverment, exports, manufactures
With housing on the rebound in the United States, the exchange traded fund for lumber, Guggenheim Lumber (NYSE: CUT) is also rising. Jumping too is the exchange traded fund for oil, United States Oil (NYSE: USO). As the chart below reveals, ...
Tags: market view, lumber
Google's latest attempt to add more content to its local business listings by buying travel brand Frommer has been challenged by the Consumer Watchdog. The acquisition – the financial details of which were not disclosed – ...
Tags: Frommer, Watchdog, google, John Wiley
The Bank of Israel is using Google search data to find clues to the state of the Israeli economy,analysing keyword counts reported by Google,before it releases its own official statistics. And the Bank of England,the Federal Reserve in ...
Tags: central bank, Google, economy
China–the largest jewellery market for the third consecutive quarter. Global gold demand in Q1 2012 was 1,097.6 tonnes,down 5%from the high demand levels seen in Q1 2011,according to the World Gold Council's Gold Demand Trends ...
Tags: gold, demand, import taxes