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- China's financial system stable: central bank
Despite complex domestic and global economic conditions, China's financial system operated in a stable manner in 2011, with improving risk-aversion capability and deepening reforms, according to a central bank report released Monday.
Переслать - Ukraine wants to raise $3 billion from China for development of agriculture
The Agricultural Policy and Food Ministry of Ukraine and the Export-Import Bank of China on June 28, 2012 signed a memorandum of cooperation, which allows Ukraine to raise $3 billion for the development of its agriculture, the press service of the ministry reported on July 2.
Переслать - IMF: Stand-by program with Ukraine remains on hold
The IMF is still waiting for Ukraine to fulfill previously agreed measures for the resumption of the stand-by lending program, Director of the IMF External Relations Department Gerry Rice has said.
Переслать - Cyprus bails out Popular Bank with 1.8 billion euros share buy
Cyprus, which applied for an EU bailout last week, acquired 1.79 billion euros ($2.3 billion) worth of shares in the island's second-largest lender, in a previously announced move to help it meet minimum capital levels depleted by heavy exposure to debt-crippled Greece.
Переслать - Green energy in Bulgaria should rise 16% by 2020: expert
It was impossible to avoid the 13% electricity price hike, energy expert Ivan Hinovski told FOCUS Radio.
Переслать - UAIndex: Daily update on trading of Ukrainian agro holdings on foreign stock exchanges, 29.06.2012
On Friday, June 29th UAIndex rose by +3.10%, ending the trading session with 4073,03.
Переслать - South Korea posts biggest trade surplus in 21 months
South Korea has recorded its largest trade surplus in 21 months, as its exports rose last month - snapping three months of declines - after a weaker won fuelled overseas sales even as China's growth slowed and Europe's debt crisis deepened.
Переслать - China's banks are world's most profitable
The three most profitable banks in the world are now Chinese, illustrating how far financial power has shifted from Europe and America since the credit crunch.
Переслать - US companies blame Europe for earnings warnings
As an increasing number of American companies warn their earnings will fall short of expectations, many are pointing the finger at Europe as the culprit.
Переслать - Milkiland will become a sole owner of Ostankino Diary Plant
According to the official information released by Ostankino Diary Plant Milkiland will purchase remaining 15% of the company’s shares from minority shareholders. The transaction is evaluated at USD 5 M.
Переслать - IMF experts assess banking system of Uzbekistan as "stable" and level of debt as "low"
Central Bank of Uzbekistan in cooperation with the experts of International Monetary Fund organized an international conference, which attracted 300 representatives of the banking system of Uzbekistan.
Переслать - Oil falls below $84 in Asia amid waning EU euphoria
Oil fell below $84 a barrel on Monday in Asia amid waning euphoria over the latest EU plans to tackle the continent’s debt and economic woes. Signs of a slowing Chinese economy also dragged crude down.
Переслать - Egypt, IDB sign $1b financing deal
The Egyptian government signed an agreement on Sunday with the Saudi-based Islamic Development Bank (IDB) that will provide $1 billion to finance energy and food imports, the government said in a statement.
Переслать - NYSE Euronext raises $17.1b in global IPO
In the first half of 2012, NYSE Euronext raised $17.1 billion in total global proceeds from Initial Public Offerings (IPO) on 66 IPOs.
Переслать - Saudi agribusiness market expected to be worth $2.2 billion in 2012
The Saudi Government's increased investments in the agriculture sector in 2012 amounting to $16 billion are expected to boost the kingdom's agribusiness market, forecast to increase by 1.3 per cent year-on-year, reaching an estimated value of $2.2 billion this year.
Переслать - Fitch affirms Romania's Long-term foreign currency ratings
Fitch Ratings has affirmed Romania's Long-term foreign currency Issuer Default Rating (IDR) at 'BBB-', and its Long-term local currency IDR at 'BBB'. The Outlook on both ratings is Stable. Fitch has simultaneously affirmed Romania's Short-term rating of 'F3' and Country Ceiling of 'BBB+'.
Переслать - Fitch downgrades Bank of Cyprus, Popular Bank and Hellenic Bank
Fitch Ratings has downgraded the Bank of Cyprus (BOC), the Cyprus Popular Bank (CPB) and the Hellenic Bank`s (HB) Long-term Issuer Default Ratings (IDR) and Support Rating Floors (SRF) to `BB` from `BB+` following the sovereign rating downgrade and removed them from Rating Watch Negative (RWN).
Переслать - Romania's shadow economy level is second highest in Europe
The shadow economy’s share of the total in Romania is the second highest in the EU, according to latest estimates. The figures, released by the EU, suggest that 29.6 percent of Romania’s economy is ‘shadow’ – undeclared, untaxed. The majority (around two thirds) of a shadow economy is made up of undeclared, or cash in hand work, but companies fiddling figures to avoid tax also accounts for a large slice, around a third. Bulgaria topped the EU shadow economy charts, with 32.3 percent accounted for by the underground economy. The EU average for 2011 was 18.4 percent.
Переслать - KSA looks to boost agribusiness
The Saudi government’s increased investments in the agriculture sector in 2012 amounting to USD 16 billion are expected to boost the kingdom’s agribusiness market, forecast to increase by 1.3% year-on-year, reaching an estimated value of USD 2.2 billion this year. The kingdom remains focused on food security measures even as Saudi investors receive approval from the Cabinet on agro-investments abroad.
Переслать - Turkish GDP growth slows in Q1
The Turkish economy grew at a slower pace in the first quarter of 2012, data from the Turkish Statistical Institute showed Monday.
Переслать - Daily Trading of Ukrainian Agricultural Companies' Shares on International Stock Markets (29.06.2012, closing)
Daily Trading of Ukrainian Agricultural Companies' Shares on International Stock Markets (26.06.2012, closing)
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