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- HSBC to sell Russian retail business to Citi
The Russian subsidiary of Europe's largest bank HSBC, which intends to get rid of its retail operations in the country, will sell its local retail business worth $10.7 million to Citi bank, HSBC said in a statement on Tuesday.Переслать - IMF expects Russia's GDP growth below 4% in medium term
The International Monetary Fund expects Russia's gross domestic product to expand by less than 4 percent in the medium term, IMF Russia mission head Juha Kahkonen said on Tuesday.Переслать - Sputtering Economy Could Complicate Debt Talks
Sputtering U.S. job growth and talk of new tax cuts are throwing more hurdles in the way of a deal to reduce the deficit as Democratic and Republican negotiators step up their budget negotiations this week.Переслать - Russian economy driven by energy sector
This country's oil, gas and electricity companies are to invest 8 and a half trillion roubles in expansion and modernization programmes. This year and next, their expenditure on new technology and R&D alone will be five times greater than in the three years before.Переслать - UAIndex. Changes of Ukrainian agro holdings quotations on World Stock Exchanges, June 14, 2011
On Monday June 13 the UAIndex kept increasing supported by growing stock value of the majority of Ukrainian agricultural holdings.Переслать - Wheat prices - CBOT
On June 13, 2011 the cost of wheat on Chicago stock exchange has decreased by $5,95 to $273,00 per ton.Переслать - Corn prices - CBOT
On June 13, 2011 the cost of corn on Chicago stock exchange has decreased by $1,81 to $308,03 per ton.Переслать - Soybeans prices - CBOT
On June 13, 2011 the cost of soybeans on Chicago stock exchange has decreased by 4,6 cents to 1382,60 cents per bushel.Переслать - China trade with SCO states grows sevenfold in past 10 years.
The amount of China's trade with countries of the Shanghai Cooperation Organisation (SCO) has reached 84 billion dollars over the past ten years, growing sevenfold, Chinese Commerce Minister Chen Deming said on Tuesday.Переслать - Inflation in Belarus in five months exceeds 25%
In January-May 2011 inflation in Belarus amounted to 25.4%, accelerating to 13.1% in May after 4.5% in April, a press release of Belstat statistical service says.Переслать - Belarus, Chinese Exim Bank sign loan deal for over $1 billion
Belarus and Exim Bank of China have signed a loan deal for $1.058 billion for three joint projects.Переслать - China and Kazakhstan sign deal, eye doubling of trade
China and Kazakhstan on Monday signed a strategic partnership deal and vowed to double trade as President Hu Jintao visited the energy-rich Central Asian state to tighten already close ties.Переслать - India's inflation above 9.0% in May
India's annual inflation accelerated above market forecasts to 9.06 percent in May, official data showed on Tuesday, increasing pressure on the central bank to raise interest rates further.Переслать - Bank of Japan expands growth-sector lending
The Bank of Japan on Tuesday said it would expand a programme of lending to companies in growth areas with a new US$6 billion credit line to support the post-quake economy.Переслать - China Raises Reserve Requirement Yet Again To Contain Inflation
China's central bank on Tuesday decided to increase the reserve requirement rate for banks for the sixth time this year to tame the stubbornly high inflation, that climbed to a 34-month high in May.Переслать - U.K. May Annual Inflation Steady At 4.5%
U.K. consumer price annual inflation came in at 4.5 percent in May, unchanged from April, data from the Office for National Statistics showed Tuesday. The rate also matched the consensus forecast. The inflation rate continues to stay well above the central bank's 2 percent target.Переслать - Government improves economic outlook for 2011
The Cabinet of Ministers changed the basic forecast macro indicators of economic and social development of Ukraine in 2011. The relevant decision was made public on the government portal.Переслать - EBRD to credit agricultural holding Astarta with $80 million
The European Bank for Reconstruction and Development may provide a loan to agro-holding Astarta-Kyiv LLC in the amount of $80 million, the bank says.Переслать - Exports of goods and services in 2011 will be $84.993 billion - forecast
According to the amendments made by the Government to the main macro forecasts of economic and social development of Ukraine in 2011, the negative trade balance will be $4.936 billion (in the previous version $3.398 billion). This is stated in a decree issued on the government portal.Переслать - Westa raises 47.6 million USD at IPO in Warsaw
Company Westa ISIC, one of the largest battery manufacturers in Europe, has held the initial public offering (IPO) of 11.033,333 million shares on the Warsaw Stock Exchange (WSE), raising 129.6 million zlotys (47.624 million dollars) in gross. It is said in the company's statement published on the WSE website.Переслать - Greek economy slapped with sharp credit downgrade
The US-based agency Standard & Poor's has hit Greece with a three-band credit rating downgrade in a move that will likely dent confidence in international efforts to drag the Greek economy out of the doldrums.Переслать
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