China to sell nearly $5 bn in T-bonds
April 10th, 2012 - 4:10 am ICT by IANS
Beijing, April 10 (IANS) China will sell 30 billion yuan ($4.76 billion) in seven-year book-entry treasury bonds, the finance ministry announced Monday.This issuance is in addition to the ministry's fifth ... Read more...
Posted in Business |
Maldives welcomes India’s role, Waheed to visit New Delhi (Lead)
April 3rd, 2012 - 9:51 pm ICT by IANS
New Delhi/Male, April 3 (IANS) India Tuesday conveyed to the Maldives the need for pushing reconciliation in the archipelago nation even as Male announced that President Mohammed Waheed Hasan ... Read more...
Posted in Uncategorized |
Sri Lanka’s rupee depreciates 3.2 percent
November 23rd, 2011 - 5:24 pm ICT by IANS
Colombo, Nov 23 (IANS) Sri Lanka's currency depreciated by about 3.2 percent Wednesday for the second successive day on new government policy, the island's central bank said here.
The exchange ... Read more...
Posted in Uncategorized |
Economic slowdown may dent capital flows in Asia: ADB
September 1st, 2011 - 2:28 pm ICT by IANS
Seoul, Sep 1 (IANS) Severe economic slowdown in major economies such as the US and Europe could destabilise capital flows in East Asian economies, a senior Asian Development Bank (ADB) ... Read more...
Posted in Business |
Top economic voices question US downgrade
August 8th, 2011 - 1:54 pm ICT by IANS
Washington, Aug 8 (IANS) Leading economic experts from Democratic and Republican parties alike have voiced outrage over Standard & Poor's downgrade of the US credit rating but disagreed on ... Read more...
Posted in Business |
Tough times ahead for Indian equities markets
August 7th, 2011 - 4:55 pm ICT by IANS
Mumbai, Aug 7 (IANS) Indian equities markets are expected to start the week's trade with a negative bias Monday as a fallout of the US economy downgrade continues to ... Read more...
Posted in Business |
US credit rating downgrade worrisome: Pranab
August 6th, 2011 - 5:20 pm ICT by IANS
New Delhi, Aug 6 (IANS) Finance Minister Pranab Mukherjee Saturday expressed concern over downgrading of the US government credit rating and said the situation will be monitored closely."The situation ... Read more...
Posted in Business |
Putin calls US ‘hooligans’ for printing excess money
July 11th, 2011 - 9:52 pm ICT by IANS
Moscow, July 11 (IANS/RIA Novosti) Russian Prime Minister Vladimir Putin Monday accused the US of hooliganism over the American government's efforts to ease its financial problems by reportedly injecting billions ... Read more...
Posted in World |
China to float treasury bonds worth $5 bn Thursday
May 11th, 2011 - 7:58 pm ICT by IANS
Beijing, May 11 (IANS) The Chinese finance ministry will float seven-year book-entry treasury bonds worth 32.52 billion yuan ($5.1 billion) starting Thursday, Xinhua reported.The bonds will carry a maturity term ... Read more...
Posted in Business |
China holds 1.6 trillion dollars of US debt: Treasury Department
March 2nd, 2011 - 6:37 pm ICT by ANI
Beijing, Mar.2 (ANI): China, the largest creditor of the United States, holds 1.6 trillion dollars of US debt, according to Treasury Department data.According to the Treasury Department, China's total investments was ... Read more...
Posted in World |
Gas Prices Spike Further Damaging the Economy
December 7th, 2010 - 2:36 am ICT by Angela Kaye Mason
Dec 6 (THAINDIAN NEWS) With the price for a gallon of crude oil reaching almost ninety dollars a barrel, the price of gas per gallon in the United States is near $3 ... Read more...
Posted in Business |
Indian American manager fined for defrauding investors
December 2nd, 2010 - 1:39 pm ICT by IANS
By Arun Kumar
Washington, Dec 2 (IANS) An Indian American manager of a hedge-fund that catered to Silicon Valley professionals has been fined by the Securities and Exchange Commission and barred from the ... Read more...
Posted in Business |
US Mortgage rates fall to a decade low
October 7th, 2010 - 11:45 pm ICT by Aishwarya Bhatt
Mortgage rates on 30-year mortgages fell to 4.27 percent, the lowest in a decade. This is the ninth time that the rate has fallen in 3 months. The rates were pushed down ... Read more...
Posted in Business |
China sees G-20 outcome as a decline of Anglo-American capitalism
June 30th, 2010 - 7:16 pm ICT by ANI
New Delhi, June 30 (ANI): The outcome of the Group of Twenty (G-20) summit held in Toronto, Canada, has been interpreted by China as crisis that symbolises both the decline of the ... Read more...
Posted in World |
Shift in Obama Administration’s policy towards China
February 17th, 2010 - 2:12 pm ICT by ANI
Washington, Feb 17 (ANI): The United States, after months of reaching out and being accommodating to China, has decided to shift course and welcome the Dailai Lama, the Tibetan spiritual leader ... Read more...
Posted in World |
China backs possible IMF bond issue
March 23rd, 2009 - 7:54 pm ICT by IANS
Beijing, March 23 (DPA) Chinese officials Monday said they were willing to back any issue of bonds by the International Monetary Fund (IMF) and urged the "G20" group of major economies ... Read more...
Posted in Business |
China’s fiscal deficit manageable: Premier
March 13th, 2009 - 12:33 pm ICT by IANS
Beijing, March 13 (Xinhua) China's fiscal deficit is manageable, Premier Wen Jiabao said here Friday.
While meeting the press after the annual parliament session, Wen said that his judgement was based on ... Read more...
Posted in World |
Clinton ends China trip with call to buy more US bonds (Lead)
February 23rd, 2009 - 1:09 am ICT by IANS
Beijing, Feb 22 (DPA) US Secretary of State Hillary Rodham Clinton ended her trip to China Sunday with a call for Beijing to invest more in US treasury bonds, warning both countries ... Read more...
Posted in World |