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It makes sense to borrow in the same currency as the income you'll be earning, because it is natural hedging. A sure sign of the market ramping up is that even before the DJs bid, the value of takeovers in the March quarter was running at twice the
In Summary The CBK will be able to invest shares and own property in institutions that enhance its capacity to meet its regulatory mandate if a draft Bill that is currently floated for public input is adopted as proposed. Investment secretary Ms
The Hindu Arvind Mayaram Calibrated and clearly communicated monetary policies will build trust and improve business sentiments across the world by leaving little room for speculations, Economic Affairs Secretary Arvind Mayaram said on Saturday. We
The proposal to fund a public sector wage hike by increasing taxes on the interest earned on bank deposits will cost depositors LL280 billion ($186 million) and drive many to take their business elsewhere, the head of the Association of Banks in
Zhou says central bank policies will gradually make way for market forces Zhou Xiaochuan, head of the People's Bank of China, shed new light on the central bank's policies on interest rate liberalization and the yuan's exchange rate in the latest Bo'
Finance officials of the world's major economies are expressing confidence that they can meet an ambitious goal of boosting global growth by $2 trillion over the next five years. That's despite a variety of threats including rising political tensions
ET The euro zone faces problems that are more profound than just weakness in the banking sector and that are harder to address, European Central Bank Vice President Vitor Constancio said Thursday. In remarks prepared for delivery in Washington, Mr.
Bank of England left its benchmark interest rate unchanged on Thursday and officials aren't expected to alter course for many months, as the U.K. economy, long mired in stagnation, basks in a spell of rapid growth and low inflation. As the Federal
Ireland says it is significantly ahead of targets to restructure problem mortgages set by the Central Bank. Offers were made to 64pc of customers who are three months or more behind on their home loan, against a target of 50pc set by authorities.
House builders were also pushing higher after another solid reading on the U.K. housing market. The Royal Institution of Chartered Surveyors' monthly survey showed the number of houses sold in the U.K. rose to a six-year high in March, while the