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Business - Page 478

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Asian shares slip, Basel ruling supports banks

Asian stocks drifted down on Monday as investors booked profits from a New Year rally that had pushed markets to multi-month highs, although financial stocks gained after global regulators decided to relax

7th January 2013
Business

GREECE: Alpha, Attica, Eurobank, NBG bid for Postbank

Four Greek banks are bidding for state-controlled Hellenic Postbank in the latest step in the battered sector's consolidation. Postbank, 44% government-owned and deemed to be not viable, is being divided into two

7th January 2013
Business

China shares make lukewarm start to 2013, property strong

Mainland China shares eked out a gain to start 2013, with a rise in property counters on anticipated demand helping reverse midday losses as investors returned on Friday from a three-day New

4th January 2013
Business

Asian shares drop on Fed minutes, dollar extends gains

Asian shares fell on Friday, as investors booked profits from a recent sharp climb after senior Federal Reserve officials expressed concerns about continuing to expand stimulative bond buying, but the dollar extended

4th January 2013
Business

GREECE: Bank deposits up in November, credit shrinks

Greek business and household bank deposits rose again in November as doubts over the country's euro zone membership eased, but credit to the private sector continued to contract, official data showed on

4th January 2013
Business

FTSE 100 above 6,000 as banks, commods stall

Britain's FTSE 100 consolidated recent gains early on Thursday after it had smashed through the 6,000 level for the first time in 17 months in the previous session. By 0851 GMT, London's

3rd January 2013
Business

ON A ROLL: Hong Kong shares climb to new 19-month high

Hong Kong shares climbed to a second-successive 19-month high, as investors chased Chinese property stocks and growth-sensitive laggards after more positive economic data affirmed the recovery trend in China. On Wednesday and

3rd January 2013
Business

EGYPT: Brotherhood may pay price for fall of pound

Life in Egypt is about to get harder for ordinary people who will bear the brunt of inflation caused by a decline in the value of their currency. As elections approach, President

3rd January 2013
Business

German regulator asks banks to scrutinize shipping loans

German regulator BaFin has written to auditors and banks asking them to scrutinise their exposure to shipping loans as they prepare annual earnings reports for 2012, four financial sources familiar with the

3rd January 2013
Business

EU Treaty for fiscal discipline in the euro area enters into force

A treaty, aiming to strengthen fiscal discipline in the euro area, entered into force on the 1st of January 2013. The Treaty on Stability, Coordination and Governance in the Economic and Monetary

2nd January 2013
Business
Previous 1 … 476 477 478 479 480 … 2,266 Next

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