Posted at 11:48h
in
News
by KMFSLLP
Lebanon should restructure its
Eurobonds, including a $1.2 billion issue maturing in March, and
secure a multi-billion dollar IMF bailout to stave off economic
meltdown, its former labour minister said.
...
Posted at 11:38h
in
News
by KMFSLLP
Lebanon ushered in a new
government that will need to walk a political tightrope, as
President Michel Aoun said its main task was to win back
international confidence that could unlock the funding the
crisis-hit country badly needs.
Posted at 11:28h
in
News
by KMFSLLP
Market data suggest investors are scaling back bets for an interest-rate cut
...
Posted at 11:24h
in
News
by KMFSLLP
South African Airways (SAA)
should be retained as a national airline but requires
substantial restructuring, the governing African National
Congress (ANC) party's Secretary General Ace Magashule said on
Wednesday.
...
Posted at 11:21h
in
News
by KMFSLLP
London-based asset manager CQS,
founded by billionaire investor Michael Hintze, said on
Wednesday that Xavier Rolet is to step down as chief executive
in February and take up a position as strategic adviser.
Posted at 11:16h
in
News
by KMFSLLP
* Plan would let Hong Kong, Thai banks use a CBDC to move
funds
...
Posted at 11:13h
in
News
by KMFSLLP
Asian investors with money in
the U.S. equities market are unwilling to cash out their bets
just yet - but some are beginning to buy insurance against a
correction, according to a quant fund manager who advises
clients on asset allocation.
...
Posted at 11:11h
in
News
by KMFSLLP
Lebanon's Prime Minister Hassan
Diab said on Wednesday that dismissing Central Bank Governor
Riad Salameh was "currently out of the question".
...
Posted at 11:07h
in
News
by KMFSLLP
Hungary's OTP Bank
is in talks to buy Garanti BBVA's Romanian unit,
Romanian online financial news outlet Profit.ro said, citing
banking market sources.
...
Posted at 11:00h
in
News
by KMFSLLP
Stress testing of banks in the
European Union to check their ability to withstand market shocks
without taxpayer help should be eased to cut bank costs, the
EU's banking regulator proposed on Wednesday.
