The Central Bank of Ireland has imposed a monetary penalty of€2.45m against Aviva's two subsidiaries Aviva Insurance Europe and Aviva Life&Pensions Ireland,for violating rules pertaining to stock lending. As per the settlement ...
Refusing delays in the gazetting of minimum wages in Lesotho, garment workers are planning to march on the Prime Minister’s office on Monday 29 October 2012 to demand a living wage. Workers are frustrated because government has ...
Tags: garment workers, Central Bank of Lesotho, FAWU, Daniel Mariasane
Perng Fai-nan, governor of the Central Bank of China (CBC), pointed out yesterday (Dec. 19) that the CBC will stick to the “properly loose” monetary policy in the first quarter next year. He expected Taiwan’s real interest ...
Tags: Central Bank of China, Taiwan', Real Interest Rates, Perng Fai-nan
Perng Fai-nan, governor of the Central Bank of China (CBC), announced yesterday (Dec. 19) that the CBC has embarked on the establishment of “foreign-currency settlement platform,” which will start operation in the middle of next ...
Tags: Central Bank of China, CBC, foreign-currency settlement platform
Representatives of the textile industry in Pakistan have urged the State Bank of Pakistan, the country's central bank, to bring down the markup rate to at least seven percent, so as to enable the sector to compete with other countries in ...
Tags: Pakistan Textile Industry, Cut, Markup Rate, State Bank
THE Australian dollar is lower on speculation about Chinese growth and further rate cuts by Australia's central bank. At 07:00 AEDT,the currency was trading at$US1.0530,down from$US1.0534 yesterday afternoon. BK Asset Management ...
Tags: Australian dollar, China, BK Asset Management, PBA, US
Shares of technology companies finished up for the third quarter Friday, but face economic uncertainty for the rest of the year. The Nasdaq Computer Index closed Friday at 1,675.51 compared to 1,580.13 at the end of June. However, they ...
Tags: Wall Street, Tech, Q3
THE Australian dollar was little changed against its US counterpart yesterday,but it hit a 19-month intraday high against the yen as investors predicted Japan's new government would encourage a return to reflationary policy by the Bank of ...
Tags: Bank of Japan, Australian dollar, LDP, Japanese election
Reuters reported that Turkey's crude steel output is expected to grow 6.5% in 2013 on the back of growth-oriented policies, a recovery in the construction sector and an improving outlook internationally. Turkish Iron and Steel Producers ...
Tags: Turkey's crude steel output, Crude Steel Output, Mr Veysel Yayan
Kazakhstan's refined copper and gold output rose in January to November 2012, while production of alumina, zinc and steel fell compared with the same period last year. Production of refined copper rose by 7.9% YoY to 332,620 tonnes in the ...
Tags: Copper Output, Gold Output, production of alumina, Kazakhstan
THE Australian dollar was slightly higher following a general election in Japan and continuing concerns about budget negotiations in the United States. At 7am AEDT on Monday, the currency was trading at 105.48 US cents up from 105.44 ...
Tags: Australian, Japan Election, US Budget
Taipei, Dec. 14, 2012 (CENS)--The Financial Supervisory Commission (FSC) decreed yesterday (Dec. 13) permitting designated banking units (DBUs) to undertake renminbi-related businesses. Following the launch of cross-Taiwan Strait currency ...
Tags: Renminbi Related Businesses, currency, FSC, bank
Germany’s trade surplus narrowed in October to its lowest level in over half a year as exports posted meager growth in the face of weakening demand from the country’s recession-hit European partners. Official data showed ...
Tags: Germany, trade surplus, meager growth, import and export
BS reported that gold inched up on Monday as a drop in the US unemployment rate did little to dampen expectations that the Federal Reserve will maintain easy monetary policy when it meets later this week. Investors are watching ...
Tags: US, unemployment, monetary policy, job market
With the cross-Taiwan Strait currency clearance mechanism ready for launch, Perng Fai-nan, governor of the Central Bank of China (CBC), said yesterday (Dec. 12) that the CBC will strive to obtain renminbi-business quota higher than Hong ...
Tags: Taiwan, better treatment, Renminbi business