- Foreign banks buy up bulk of Indian state government debt Reuters - Tue, 24 Nov, 2015 1:30 PM EST
Three banks snapped up almost 90 percent of bonds sold by Indian states to foreigners, and turned them into derivatives, raising the prospect of more volatility in one of Asia's best performing debt markets. …
Three banks snapped up almost 90 percent of bonds sold by Indian states to foreigners, and turned them into derivatives, raising the prospect of more volatility in one of Asia's best performing debt markets. Several market participants involved in the sale said offshore units of Nomura, Standard Chartered and Bank of …
- European stocks slide as downing of Russian jet over Syria unsettles investors The Canadian Press - Tue, 24 Nov, 2015 7:42 AM EST
LONDON - European stock markets slid Tuesday as jitters about instability in the Middle East intensified following the downing of a Russian jet by Turkey over Syria.
- Oil ends steady; Saudi pledge, glut worry causes wild ride Reuters - Mon, 23 Nov, 2015 6:33 PM EST
Crude prices rose as much as 1 percent on Monday after Saudi Arabia's pledge to work on price stability offset some worries about the global oil market glut.
- Indian infrastructure firms seek to diversify debt with masala bonds Reuters - Mon, 23 Nov, 2015 2:18 PM EST
Some of India's most indebted infrastructure and steel groups are considering so-called masala bonds to diversify their funding options as local banks tighten lending, investment banking sources with direct …
- Putin proposes restructuring $3 billion debt that Ukraine owes The Canadian Press - Mon, 16 Nov, 2015 11:05 AM EST
Russian President Vladimir Putin is proposing restructuring the $3 billion debt owed by Ukraine to his country.
- Eurozone economic growth eases despite low oil prices; central bank under pressure to do more The Canadian Press - Fri, 13 Nov, 2015 9:33 AM EST
LONDON - The eurozone economy lost momentum in the third quarter, official figures showed Friday — a development that puts further pressure on the European Central Bank to stimulate growth more.
- Lufthansa says 100,000 travellers affected Wednesday by flight attendants' strike over benefits The Canadian Press - Wed, 11 Nov, 2015 11:36 AM EST
Lufthansa says some 100,000 airline passengers won't be able to travel Wednesday because of an ongoing strike by flight attendants.
- On Gulf trip, IMF chief stresses reforms to counter squeeze of low oil prices The Canadian Press - Wed, 11 Nov, 2015 8:02 AM EST
On a trip through a Gulf squeezed by low oil prices, the head of the International Monetary Fund repeatedly called on countries to cut back on subsidies, lower government spending and consider levying …
- Oil-rich Saudi Arabia presents climate pledge to UN ahead of Paris summit The Canadian Press - Tue, 10 Nov, 2015 12:39 PM EST
Saudi Arabia, whose oil-fueled economy could suffer from global efforts to reduce greenhouse gas emissions, on Tuesday submitted a climate action pledge to the United Nations.
- Egypt stocks drop after Russia, UK suspend flights in aftermath of Sinai plane crash The Canadian Press - Tue, 10 Nov, 2015 8:18 AM EST
Egypt's benchmark stock index plunged 4.4 per cent on Tuesday after steadily declining since Russia suspended flights to Egypt following the Oct. 31 Russian plane crash in the Sinai Peninsula.
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