9:11 pm October 23, 2014 | No Comment
Pressure is growing on Russia’s central bank to adopt more radical measures to defend the tumbling ruble, such as interest rate rises, but there is no easy fix.
7:13 pm October 22, 2014 | No Comment
Alarmed at the currency risks that Indian companies are running on their books, the central bank may consider making hedging mandatory if banks cannot persuade their corporate customers to seek protection, several market sources told Reuters.
8:40 pm October 20, 2014 | No Comment
Loath to find out what their record holdings of corporate bonds and leveraged loans were worth as liquidity thinned and markets slid, professional traders turned to stocks and Treasuries to defuse risk.
8:31 pm October 20, 2014 | No Comment
China needs a new prescription for growth: Cram even more people into the pollution-ridden megacities of Beijing, Shanghai, Guangzhou and Shenzhen.
9:11 pm October 17, 2014 | No Comment
Jokowi cannot afford to let his guard down, and the best bet for him is to deliver hard reforms to boost growth sustainably. Despite the global oil price slump, he is reportedly cutting subsidies soon. Let’s hope so.
2:07 pm October 16, 2014 | No Comment
Chinese companies are on a pace to cut capital spending by around 7 percent this year, the biggest annual reduction since the global financial crisis, deepening an economic chill.
5:50 pm October 15, 2014 | No Comment
The rally in the dollar to its strongest levels since 2009 is relatively small in historical terms, suggesting to a growing number of the world’s top analysts that it will only get stronger.
9:21 am October 13, 2014 | No Comment
Scams range from car owners earning a few hundred dollars, to organized crime syndicates making millions out of Indonesia’s lopsided fuel distribution system. The pervasive fraud, which has embroiled people from all walks of life, from provincial officials to the armed forces, takes advantage of subsidies that cost the government more than $20 billion a year and lure hundreds of thousands of Indonesians into breaking the law.
4:25 pm October 10, 2014 | No Comment
The hunt for dividend yield is pushing US fund managers into an unproven new offshoot of the alternative energy industry.
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