Trade gap widens less than expected

CENTRAL BANKS SHIFT AWAY FROM US DOLLAR

By: WilliamC.Urban

Central Banks Lead Subtle Shift Away From Dollar Tuesday, November 3, 2009 4:42 PM Article Font Size   NEW YORK -- Central banks with trillions of dollars in reserves that are already stepping up euro and yen purchases will likely continue doing so in

about 1 month ago

Indonesia – China trade relations worth of US$ 50 billion in the ...

By: muhammadjusuf

  Indonesia – China trade relations worth of US$ 50 billion in the next five years Indonesian President Susilo Bambang Yudhoyono optimist that in the next five years the worth of Indonesian – China trade relations will become the total of US$ 50 billion despite Indonesian official said their row following ...

9 days ago

ADB Signs New Trade Finance Pacts with Sri Lanka Banks

By: chnarendra

The Asian Development Bank (ADB) today signed new trade financing agreements with Bank of Ceylon, DFCC Vardhana Bank Limited, and NDB Bank Plc.       The agreements are part of ADB's Trade Finance Facilitation Program (TFFP) and will give the banks additional room to provide essential f

2 days ago

Nifty closes at 5050 on positive global cues

By: azhar12

MUMBAI: Indian stocks extended weekend gains as bulls got support from the positive global markets. Buying activity was seen across the board led high beta stocks in auto, realty and metal space.Indices on Monday opened higher and moved beyond psychological resistance levels in early trade. However, the trade turned lacklustre due to lack of ...

24 days ago