- Location
international bank
"-
You Need to Know About Yuan's SDR Inclusion
Oct 11, 2016Chinese yuan or renminbi (RMB) has been included into the basket of special drawing right (SDR) of the International Monetary Fund (IMF) since Oct 1, marking a milestone in the internationalization of the RMB. Here are seven things you need ...
Tags: SDR Inclusion, RMB
-
AIIB Formally Established in Beijing
Dec 28, 2015The China-initiated Asian Infrastructure Investment Bank (AIIB), a complement to existing international financial system, was formally established Friday in Beijing and expected to start operation early next year. "The AIIB is legally ...
Tags: AIIB
-
Gulf Keystone Provides an Operational and Corporate Update
Jan 13, 2014Gulf Keystone, a leading independent E&P operator in the Kurdistan Region of Iraq, today provides an operational and corporate update. Significant progress has been made since the Field Development Plan ("FDP") for the Shaikan field was ...
Tags: Gulf Keystone, operational update, corporate update, Shaikan field
-
Tangshan Iron and Steel Group Co Ltd Is Leading The Effort to Go Abroad
Dec 26, 2013Tangshan Iron and Steel Group Co Ltd is leading the effort to go abroad as the country's steel and iron industry struggles with overcapacity, reports Du Juan from Tangshan, Hebei province Against the background of the overcapacity problem ...
Tags: Steel Capacity, Mineral
-
NSA Has Tapped Into The Networks of Google, Brazilian Oil Firm Petroleo Brasileiro SA
Sep 10, 2013The National Security Agency (NSA) has tapped into the networks of Google, Brazilian oil firm Petroleo Brasileiro SA, and systems operated by France's foreign ministry, according to leaked US documents. The documents were aired by ...
Tags: Metallurgy, Mineral, Energy
-
Australian Dollar's Moves Reflected The Differing Pressures on The Currency
Jan 9, 2013The Australian dollar's moves yesterday reflected the differing pressures on the currency as a major international bank, HSBC, yesterday expressed concern about its long-term strength. The dollar broke through the $US1.05 level in trading ...
Tags: HSBC, dollar, international bank, Australian dollar
-
European Businesses Lose Billions of Euros as a Result of Errors That Will Slow Payments
Dec 19, 2012Research from Experian has revealed that European businesses might lose billions of Euros as a result of errors that will slow payments when the Single European Payments Area (Sepa) system comes fully into force in 2014. Sepa attempts to ...
-
Bunna International Bank Partnered with Infosys to Deploy Finacle Core Banking Solution
Dec 17, 2012Bunna International Bank announced today it has partnered with Infosys to deploy Finacle core banking solution, as it attempts to transform its banking experience. Finacle will enable the bank to integrate its front and back office ...
-
The Global Financial Tsunami Has Shifted The Worlda's Financial Center
Dec 11, 2012Taipei,Oct.8,2012(CENS)--The global financial tsunami has shifted the worlda's financial center from Europe and the United States to Asia,hence motivating the Taiwanese government to encourage Taiwanese banks to explore the Asian market,as ...
Tags: Taipei, the global financial tsunami, Financial Supervisory Commission
-
New Minya Governor Tours ASEC Cement S $360m State-of-The-Art Greenfield Cement Plant
Nov 14, 2012New Minya Governor, Dr. Moustafa Kamel Eissa, tours ASEC Cement s $360m state-of-the-art greenfield cement plant as it initiates cold run testing. ANCC will create a total of 1, 200 direct and indirect jobs in Upper Egypt. The new Governor ...
Tags: market view, cement
-
Fortissimo Offers to Buy Us Glassmaker Guardian Industries for NIS 170 Million
Oct 24, 2012"It will be possible to return Phoenicia America-Israel(Flat Glass)Ltd.to profitability within 18 months,"said a source close to Fortissimo Capital,which is bidding for the troubled company based in Upper Nazareth."If the business plan ...
-
32 Companies Disclosed Their Financial Statements for The Second Quarter of 2012
Aug 7, 2012Abu Dhabi Securities Exchange (ADX) announced today that 32 companies, out of 67 companies listed on ADX, have disclosed their financial statements for the second quarter of 2012. The companies that disclosed their financial statements did ...
Tags: market view, cement
-
The Changes to The MSCI Indices Will Be Implemented as of The Close of May 31, 2012
May 21, 2012Provider of global market indices, Morgan Stanley Capital International (MSCI) Inc. Has said it has added UAE-based Arabtec, Oman International Bank (OIB) and Oman Cement Co to its frontier markets index, Muscat Daily has reported. "It s a ...
Tags: market view, cement
