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NEW YORK, NY -- The following information was released by the Federal Reserve Bank of New York: As prepared for delivery It is a pleasure to be here today and [...]

Turkish banking system becomes to adapt new conditions and this impacts to increase competition in terms of new services and products. In particular, when foreign banks are coming to Turkish [...]

Byline: Kristine Kwok Beijing set out a plan yesterday to revive the far western region of Xinjiang in the hope that an economic boom will end incessant ethnic strife and [...]

Byline: Ambrose Evans-Pritchard The tiny Baltic nation of Latvia is to join the euro on New Year's Day against the wishes of its own people, becoming the eighteenth and poorest [...]

MARKET OVERVIEW 1 What kinds of outsourcing take place in your jurisdiction? Switzerland has a mature market for services, with outsourcing taking place in various industries and forms, including the [...]

Pretoria, Dec 05, 2013 (South African Reserve Bank/All Africa Global Media via COMTEX) -- The improvement in global economic activity achieved in the second quarter of 2013 was broadly sustained […]

Foreign Minister Mohammad-Javad Zarif has accused the US government of trying to sabotage transactions between Iran and the international banking system. Addressing the 4th Iran-Europe Banking and Business Forum held [...]

The number of loans made by foreign banks to US businesses increased during the 1980s and decreased after 1990. Foreign banks made these loans to avoid the reserve costs associated with booking loans in the US. The growth of offshore loans slowed after the relevant reserve requirements were eliminated in 1990. The increase in offshore credit to US firms suggests that these firms accumulated debt more quickly than originally thought, banks supplied more corporate funding than the securities markets and foreign banks had a higher share of the US commercial lending market than expected., 2 International financial transactions have grown in recent years far faster than has our ability to understand their significance for national economies. A case in point is the rise in [...]

Event The quarterly tally of South Korea's external debt by the Bank of Korea (BOK, the central bank) showed a US$23.8bn increase in net external credit at the end of [...]

Rusal could restructure syndicated debt in 2-3 wks - sources MOSCOW. Nov 18 (Interfax) - UC Rusal could restructure syndicated debt in two or three weeks, a source at one [...]

Nauru, a small island in the South Pacific Ocean, is involved to set up a new community bank, which will start business from early part of 2014. The establishment of [...]

Stock markets across Asia finished the week on a mixed note with Australia's ASX leading the pack and India's Sensex trailing. Markets witnessed mixed trade at the beginning of the [...]

Sep 23, 2013 (International Monetary Fund/All Africa Global Media via COMTEX) -- In a world of increasing economic interconnections, the United States's stake in the global recovery is greater than […]

TORONTO, ONTARIO, Sep 19, 2013 (Marketwired via COMTEX) -- The Canadian Bankers Association (CBA) applauded today's move by the governments of Canada, British Columbia and Ontario to establish a Cooperative [...]

WASHINGTON -- The following information was released by the International Monetary Fund: By Christine Lagarde Managing Director, International Monetary Fund U.S. Chamber of Commerce, September 19, 2013 As prepared for [...]

Byline: TORONTO, ONTARIO, Sep 19, 2013 (Marketwired via COMTEX) -- The Canadian Bankers Association (CBA) applauded today's move by the governments of Canada, British Columbia and Ontario to establish a [...]

Aug 30, 2013 (Dow Jones Commodities News Select via Comtex) -- 0651 GMT [Dow Jones] Tocom rubber futures settle lower with losses extending in the last 15 minutes of trade [...]

Aug 29, 2013 (Dow Jones Commodities News via Comtex) -- Contact us in Singapore. 65 64154 140; MarketTalk@dowjones.com The Aussie/yen cross is trading with a buoyant tone in early Asian [...]

Aug 29, 2013 (Dow Jones Commodities News via Comtex) -- Contact us in Singapore. 65 64154 140; MarketTalk@dowjones.com The USD/JPY rises from 98.30 to 98.48 as Japanese share prices opened [...]

Aug 13, 2013 (Dow Jones Commodities News via Comtex) -- Contact us in Singapore. 65 64154 140; MarketTalk@dowjones.com The USD/TWD is slightly higher on suspected central bank intervention, say two [...]

Aug 12, 2013 (Dow Jones Commodities News via Comtex) -- The Colombian central bank is in the middle of a holding pattern in its monetary policy that will likely last [...]

Aug 12, 2013 (Dow Jones Commodities News via Comtex) -- Barclays says that Sunday's congressional primaries in Argentina are positive for financial markets after President Cristina Kirchner's ruling coalition did [...]

Aug 08, 2013 (Dow Jones Commodities News Select via Comtex) -- Contact us in Singapore. 65 64154 140; MarketTalk@dowjones.com 0406 GMT [Dow Jones] Copper jumps more than 2.0% after upbeat [...]

Aug 05, 2013 (Dow Jones Commodities News Select via Comtex) -- Contact us in Singapore. 65 64154 140; MarketTalk@dowjones.com 0335 GMT [Dow Jones] Gold is off its lows after sliding [...]

Aug 02, 2013 (LBO) - Sri Lanka's John Keells Holdings said an 800 million US dollar casino resort project will raise foreign debt and the parent may also make a [...]

Reliance Communications (RCom) has completed securitisation of proceeds under the Rs 1200 crore ($200 million) inter-city Fibre Agreement signed with Reliance Jio Infocomm in April 2013. The proceeds from securitisation [...]

Byline: Morris DC Komakech Jun 17, 2013 (The Independent/All Africa Global Media via COMTEX) -- It is inspired by the capacity of the black economy which holds the equivalent of [...]

By Mario Soares LISBON, May 27, 2013 (IPS/GIN) - The economic crisis began in the United States under the administration of then-President George W. Bush, following the collapse of the [...]

NICOSIA, May 14, 2013 (Xinhua via COMTEX) -- By Petros Petrides Cyprus said on Tuesday it has received 2 billion euros of a 10-billion-euro bailout loan by the European Stability [...]

Byline: Charlotte Beugge The news that the Co-operative Bank has decided not to buy 631 mainland branches from Lloyds Banking Group may give offshore savers food for thought. Co-operative said [...]

BEIJING, Apr 27, 2013 (Xinhua via COMTEX) -- by Xinhua writer Liu Jie Some investment gurus, if they can be called that, periodically express their pessimism about the Chinese economy [...]

BEIJING, Apr 27, 2013 (Xinhua via COMTEX) -- by Xinhua writer Liu Jie Some investment gurus, if they can be called that, periodically express their pessimism about the Chinese economy [...]

DUBLIN -- Research and Markets has announced the addition of the '2012 in Review: Global Wealth Management' report to their offering. 2012 was an interesting year for global wealth management. [...]

M2 PRESSWIRE-April 24, 2013-: 2012 in Review: Global Wealth Management(C)1994-2013 M2 COMMUNICATIONS RDATE:24042013 Dublin - Research and Markets has announced the addition of the 2012 in Review: Global Wealth Management [...]

Apr 24, 2013 (M2 PRESSWIRE via COMTEX) -- Research and Markets has announced the addition of the 2012 in Review: Global Wealth Management report to their offering. 2012 was an [...]

Given the issues faced by the solar sector due to scarce funds, FICCI solar power task force has urged the Indian government to make low cost capital accessible to offer [...]

Byline: Wani Tombe Lako Feb 12, 2013 (South Sudan News Agency/All Africa Global Media via COMTEX) -- The world has been taken aback by the excruciating admissions of President Slava [...]

Byline: Paul Nyakazeya Feb 07, 2013 (Financial Gazette/All Africa Global Media via COMTEX) -- FINANCE Minister Tendai Biti's address to business executives at a briefing in Harare this week could [...]

Jan 21, 2013 (SinoCast Daily Business Beat via COMTEX) -- Nearly all foreign banks have raised their expectation for economic growth in China in 2013 to above 8%. DBS (Development [...]

Byline: Richard Blackden David Cameron was expected to deliver one of the most keenly awaited political speeches in recent years on Friday, but it was cancelled because of the Algerian [...]

VANCOUVER, BRITISH COLUMBIA, Jan 17, 2013 (Marketwire via COMTEX) -- The combination of policy uncertainty and political gridlock in the United States following the 2012 election could harm economic growth [...]

VANCOUVER, BC -- The following information was released by the Fraser Institute: The combination of policy uncertainty and political gridlock in the United States following the 2012 election could harm [...]

BEIJING, Mar 28, 2012 (Dow Jones Commodities News Select via Comtex) -- China's top economic planner said Thursday that it has set a medium to long-term foreign debt quota for [...]

Feb 22, 2012 (Xinhua via COMTEX) -- *XH Int'l financial turmoil, China economic risks may affect foreign banks in China, CBRCCopyright 2012 XINHUA NEWS [...]

MAKASSAR, S.Sulawesi, Dec 1 Asia Pulse - Foreign banks operating in Indonesia contribute around 50 per cent of private debts reaching US$100 billion. The head of research of the Indonesia [...]

The European Union (EU), an economic and political union of 27 member states, has indicated that European banks are keen to expand their operations in India and participate in its [...]

Byline: Catherine Ku Speakers at the Cyril Black International Book Forum on Monday evening focused on the role of the dollar and the future of global currency. The discussion featured [...]