Archive for 'Finance'
Europe has brought down dollar: the epoch of US currency has come to the end
7 March 2008The US dollar continues prompt falling in relation to other currencies. At world stock exchanges the parity of euro/dollar has reached a new maximum - 1:1,5380. American monetary unit did not fall so low yet. Similar situation is observed at the tenders in Russia, where the dollar has failed up to the level of 9-years […]
US economy can avoid recession
23 February 2008The Economic Cycle Research Institute (ECRI) experts consider that the economy of the United States can still avoid recession.
The weekly index of the future economic growth (Weekly Leading Index, WLI), data about which has been published by institute, has decreased, and rates of its decrease in annual calculation have reached levels, characteristic for the periods […]
South Korea invests $21,5 billion in foreign power projects
17 December 2007National pension service of South Korea, which is supervising almost 200 billion dollars, plans to invest $21,5 billion in foreign power projects within the next ten years.
As the pension service has informed today, the responsibility for the investment program will be distributed between three state power companies - Korea National Oil Corp., Korea Gas Corp. […]
Asian metallurgists are searching for new investing projects
12 December 2007Many Asian companies are ready to break a record on number of transactions of merges and absorption (mergers and acquisitions, M&A). On a background of prices sharply growing of raw materials prices, it would be very favorable for investors of this region to get the companies, engaged in metals’ extraction.
However, experts mark that among them […]
Islamic bonds enjoy the increasing popularity
11 December 2007The world financial markets have not still recovered from August credit crisis subprime. However, Islamic bank and financial sectors of economy remain amazingly quiet. Moreover, Islamic creditors and underwriters are carrying out the brisk trade.
Delivery rules of the credit under the name “sukuk” (Islamic medium-term bonds) have become one of the most widespread Islamic schemes. […]
European markets: investors are not interested in Eurobonds
6 December 2007On Wednesday, December, 5th, growth of quotations in the market of the European state bonds, which was observed from the beginning of current week, has interrupted. The increased interest of market participants to brave actives - to shares, which, on a background of the information, allowed to assume, that monetary authorities of the leading countries […]
Russia raised oil export duty will be to $275.4 per tonne
1 December 2007From now the rate of the export customs duties on crude oil in Russia is being raised up to 275,4 dollars per tonne.
The corresponding decision about the statement of rates of the export customs duties on oil crude and on separate categories of the goods developed from oil has been signed by Russia’s Prime Minister […]
UBS can sell a part of its shares to the Chinese bank
26 November 2007On results of III quarter 2007 the largest in Switzerland Investment bank UBS has written off actives for the sum of 3,4 billion dollars. Such succession of events became full unexpectedness for investors, who could not even assume, that the bank will have so greater losses.
In this connection the management of bank has seriously reflected […]
USA can lead currency intervention
17 November 2007Falling of dollar has begun still in 2001, but only for the expired period 2007, the American currency has lost about 6,3 %. Nevertheless authorities are not going to interfere into the currency market.
However, experts mark, that if verbal intervention will appear inefficient and the dollar will continue to decrease, the governments of the largest […]
Visa plans to lead IPO
11 November 2007The world’s largest international payment system Visa Inc. plans to lead primary public shares’ accommodation (IPO) during which it is going to involve nearby 10 billion dollars. Such information has been represented in the document of the company, directed to the US securities and stock exchanges commission (SEC).
At the same time Visa’s message has no […]
