Monday, March 31, 2014

In Brussels, China learns 'eurospeak' to seek influence

By Robin Emmott BRUSSELS (Reuters) - At the height of the euro zone crisis, a Chinese official quipped that Europe was being reduced to a "wonderful theme park" for tourists. That view no longer has much currency as Beijing recalibrates links with the world's biggest trade bloc. Beijing's growing realisation that China needs strong influence in Europe's de facto capital, Brussels, has been ...



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Finance News Update, what you need to know

Finance News Update, what you need to know



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Basingstoke to host international trade forum

AN INTERNATIONAL trade forum aimed at providing information relating to overseas trading is being held near Basingstoke at the end of next month.



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Briefs

Thailand, Vietnam target $15 billion in trade



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Monday #sgroundup: Koreas trade fire; island residents in shelters

Here are today’s top trending stories in case you missed them. 1. Koreas trade fire; island residents in shelters North and South Korea fired hundreds of artillery shells into each other's waters Monday in a flare-up of animosity that forced … Continue reading →



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Sunday, March 30, 2014

Japan Industrial Output Unexpectedly Drops as Tax Hike Looms

Japan's industrial production fell in February, undershooting all forecasts by economists surveyed by Bloomberg News, as the first sales-tax increase since 1997 risks stalling recovery in the world's third-biggest economy. Output fell 2.3 percent from the previous month, the steepest drop in eight months, the trade ministry said in Tokyo today. "Companies are already cutting production and ...



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Finance News Update, what you need to know

Finance News Update, what you need to know



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German finance ministry 'expects ECB rates to rise'

(MENAFN - AFP) Experts at the German finance ministry expect the European Central Bank to raise key interest rates soon due to the economy picking up, a German news weekly said on ...



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Association of National Olympic Committees Holds Meeting in Kuwait

(MENAFN - Qatar News Agency) The Association of National Olympic Committees (ANOC), headed by its President Sheikh Ahmad Al-Fahad Al-Sabah, started its meetings in Kuwait on Saturd...



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Saturday, March 29, 2014

Japan Dec trade deficit hits record high

Japanese Ministry of Finance reported the unadjusted trade deficit had reached JPY1.3021 trillion in...



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Friday, March 28, 2014

Japan trade deficit narrows

Japan posted its 20th straight trade deficit in Feb, but the figure narrowed from a record shortfall in Jan.



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Thursday, March 27, 2014

Frankfurt Sets Sights on Yuan Trade as Xi Visits Merkel

Frankfurt, Germany’s financial capital, is setting its sights on becoming the first city in the euro area to clear and settle renminbi trades, joining global financial centers trying to corner the offshore market.



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Business news and markets: as it happened - Thursday March 27, 2014

Retail sales rose 1.8pc in February, sixfold economists' expectations for a 0.3pc rise



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Data privacy shapes up as a next-generation trade barrier

By Krista Hughes WASHINGTON (Reuters) - Revelations about U.S. digital eavesdropping have fanned concerns about Internet privacy and may complicate U.S. attempts to write rules enshrining the free flow of data into trade pacts with European and Pacific trading partners. "Restrictions on information flows are trade barriers," Google's executive chairman, Eric Schmidt, said at a Cato Institute ...



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Britain orders anti-trust probe into energy suppliers

* Market leader Centrica (LSE: CNA.L - news) warns of possible hit to investment (Adds analyst, trade union, comments, share price impact) LONDON, March 27 (Reuters) - Britain ordered an anti-trust investigation into energy suppliers after finding signs of tacit price coordination, launching a process that could result in the break-up of some of the biggest players including Centrica (Frankfurt ...



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PRESS RELEASE: RIB Software AG:





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DGAP-News: RIB Software AG:





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Wednesday, March 26, 2014

Canadian softwood lumber exporters to get refunds following WTO ruling

OTTAWA - Canada says it has won a World Trade Organization ruling over export charges under the Canada-U.S. softwood lumber agreement. Finance Minister Ed Fast says the London court of International Arbitration has ruled in favour of the Canadian position that export charges should not have ...



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Finance News Update, what you need to know

Finance News Update, what you need to know



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Italian Hostage Freed in Yemen - Ministry

(MENAFN - Qatar News Agency) South Korea and New Zealand will hold their sixth round of free trade negotiations in Seoul from Wednesday to Friday. Lee Seong-ho from the Trade, ...



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Korea, EU Add Provisions for Croatia to FTA

(MENAFN - Qatar News Agency) South Korea and the European Union added a protocol to their free trade agreement (FTA) Tuesday to account for Croatia's recent accession to the politi...



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Italian Hostage Freed in Yemen - Ministry

Italian Hostage Freed in Yemen - Ministry



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Saudi, Hungary to strengthen trade, economic ties

Saudi, Hungary to strengthen trade, economic ties



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Japan trade deficit narrows

Japan posted its 20th straight trade deficit in Feb, but the figure narrowed from a record shortfall in Jan.



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Tuesday, March 25, 2014

Protests In Taiwan: A Long-Term Threat To Foreign Trade?

Mass protests and police clashes in Taiwan have indefinitely postponed ratification of a trade deal between the island’s expansion-starved service sector and its larger counterpart China. Taiwan's ruling party has a majority in parliament, so the final step for the June agreement opening 144 service sector categories was once considered [...]



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EU says investment agreement with China important for trade

(MENAFN) The European Union (EU) said that an investment agreement with China is good for trade relations, Xinhua reported. The EU Trade Commissioner said: "Investment is one of...



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Monday, March 24, 2014

TSX Venture Exchange Daily Bulletins

TSX Venture Exchange Daily Bulletins



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Longtime BEA chief retiring

After leading the Bureau of Economic Analysis for almost 20 years, director Steven Landefeld announced his retirement Monday. Click to Continue »



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German insists trade subordinate to political policy in Russia row

Finance minister claims crisis with Russia ‘primarily about international law, which must be adhered to’



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Sunday, March 23, 2014

Finance News Update, what you need to know

Finance News Update, what you need to know



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Friday, March 21, 2014

Ukraine signs EU trade pact

Ukrainian Prime Minister Arseniy Yatsenyuk signed the political elements of a trade pact with the European Union on Friday, even as Russian lawmakers finalized annexation of Ukraine's Crimea region.



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Ukraine signs EU trade pact as Russia finalizes Crimea annexation

Ukrainian Prime Minister Arseniy Yatsenyuk signed the political elements of a trade pact with the European Union on Friday, even as Russian lawmakers finalized the annexation of Ukraine's Crimea region.



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Narrowing Japan trade deficit ‘welcome news’

TOKYO: Japan posted its 20th straight monthly trade deficit in February, but analysts welcomed the fact that the […]



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Thursday, March 20, 2014

Thrift banks will thrive in ASEAN integration – BSP

Bangko Sentral ng Pilipinas (BSP) Governor Amando M. Tetangco Jr. yesterday said the thrift banking sector’s consumer finance business will thrive when the ASEAN trade bloc markets are integrated beginning next year. Tetangco said it is in consumer finance, which is the “very crux of what defines thrift banks,” that the 71 local savings banks can compete. As data would show, 66 percent of thrift ...



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Japan Feb exports gain 9.8% YoY

Japanese Ministry of Finance announced the country's trade deficit (non-seasonally-adjusted) in ...



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Islamic Finance Gateway Daily Briefing

Thursday, March 20 - The Islamic Finance Gateway (IFG) Briefing, published from Sunday to Thursday, carries the latest market-moving news and data for institutions offering Islamic financial services. To view the full PDF version of the briefing click here: http://link.reuters. ...



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Wednesday, March 19, 2014

Africa: Africa Must Do More to Unlock Opportunities of Rising Intra-African Trade

[Standard Bank of South Africa]Cape Town -Growth in intra-Africa trade is outpacing trade between Africa and rest of the world. However, more needs to be done to boost intra-African trade to take advantage of the increasing commercial depth of Africa's rapidly expanding consumer markets.



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Thrift banks will thrive in ASEAN integration – BSP

Bangko Sentral ng Pilipinas (BSP) Governor Amando M. Tetangco Jr. yesterday said the thrift banking sector’s consumer finance business will thrive when the ASEAN trade bloc markets are integrated beginning next year. Tetangco said it is in consumer finance, which is the “very crux of what defines thrift banks,” that the 71 local savings banks can compete. As data would show, 66 percent of thrift ...



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Economy and Trade Ministry and QFBA Sign Cooperation Agreement

(MENAFN - Qatar News Agency) The Ministry of Economy and Trade and Qatar Finance and Business Academy (QFBA) have signed a cooperation accord for preparing the well-informed and w...



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Thrift banks will thrive in ASEAN integration – BSP

Bangko Sentral ng Pilipinas (BSP) Governor Amando M. Tetangco Jr. yesterday said the thrift banking sector’s consumer finance business will thrive when the ASEAN trade bloc markets are integrated beginning next year. Tetangco said it is in consumer finance, which is the “very crux of what defines thrift banks,” that the 71 local savings banks […]



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Japan Feb exports gain 9.8% YoY

Japanese Ministry of Finance announced the country's trade deficit (non-seasonally-adjusted) in ...



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Japan Feb exports gain 9.8% YoY

Japanese Ministry of Finance announced the country's trade deficit (non-seasonally-adjusted) in Febr...



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Tuesday, March 18, 2014

Japan trade deficit narrows

Japan posted its 20th straight trade deficit in Feb, but the figure narrowed from a record shortfall in Jan.



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Narrowing Japan trade deficit 'welcome news'

Japan on Wednesday posted its 20th straight monthly trade deficit in February, but analysts welcomed the fact that the figure had narrowed from a record shortfall in January as export growth outpaced imports. The latest data indicate the impact of a weak yen and post-Fukushima energy imports is starting to ease, soothing concerns about Japan's economic recovery. The finance ministry said Japan ...



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Jim Flaherty, federal finance minister, leaves cabinet

Federal Finance Minister Jim Flaherty has resigned from cabinet to prepare for work in the private sector, he announced in a news release Tuesday.



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Jim Flaherty, federal finance minister, leaves cabinet

Federal Finance Minister Jim Flaherty has resigned from cabinet, but will remain an MP for the time being, he announced in a news release Tuesday.



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LATEST NEWS:

Singapore's economy is expected to improve as trade confidence returns, according to banking giant HSBC. It reported yesterday that its Trade Confidence Index is up 10 points to 115 in the second half of last year - its highest level in two years.



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Japan Reports Bigger-Than-Forecast Trade Deficit for February

Japan's trade deficit exceeded analysts' estimates in February as weakness in the yen boosted import costs, dragging on the nation's recovery. The 800 billion yen ($7.9 billion) shortfall reported by the finance ministry in Tokyo today was more than the 600 billion yen median estimate in a Bloomberg News survey of 31 economists. Prime Minister Shinzo Abe is grappling with sustaining a recovery ...



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Jim Flaherty, federal finance minister, leaves cabinet

Federal Finance Minister Jim Flaherty has resigned from cabinet to prepare for work in the private sector, he announced in a news release Tuesday.



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Gold Seeker Closing Report: Gold and Silver End About 1% Lower

Gold dropped down to $1357.68 in early Asian trade before it rebounded to $1363.97 at about 5AM EST and then fell to a new session low of $1350.83 in the next four hours of trade, but it then rallied back higher for most of the rest of trade and ended with a loss of just 0.79%. Silver slipped to as low as $20.629 before it also bounced back higher, but it still ended with a loss of 1.47%.



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India calls for China investments to offset huge trade deficit

"I must, at his stage, mention the growing imbalance in our trade which is a cause of concern in India," Deputy Chief of the Planning Commission Montek Singh Ahluwalia said addressing the third meeting of the high level India-China Strategic Economic Dialogue (SED) in Beijing.



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India's FDI to flourish Islamic capital market

(MENAFN) Foreign direct investment is expected to positively affect India"s Islamic capital market in the following years on the growing participatory finance in the country, accor...



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Monday, March 17, 2014

Gold Seeker Closing Report: Gold and Silver Fall Over 1%

Gold edged up to $1392.08 in early Asian trade before it fell back to $1375.51 by a little before 10AM EST and then bounced back higher in late morning trade, but it then dropped to a new session low of $1362.04 in afternoon trade and ended with a loss of 1.07%. Silver slipped to as low as $21.124 and ended with a loss of 1.31%.



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Sector Update: Financial

Financial stocks were mostly higher Monday, with the NYSE Financial Sector Index advancing 0.8% and the S&P Financial 100 Index rising 0.7%. In company news, Northstar Realty Finance Corp. ( NRF ) rose to a new 52 week high



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Sunday, March 16, 2014

South Korea, China to strengthen trade ties

(MENAFN) South Korea plans to strengthen trade ties with China through a bilateral free trade agreement (FTA) that is scheduled to be held next week, according to Qatar News Agency...



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Saturday, March 15, 2014

Taageer Finance opens branch in Barka

Taageer Finance opens branch in Barka



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Friday, March 14, 2014

Western banks cold-shoulder Iran trade finance scheme

LONDON/ANKARA (Reuters) - Despite a diplomatic thaw, Western banks are steering clear of attempts by Iran to get them involved in financing humanitarian transactions, fearing they could be penalized under U.S. sanctions, bankers and government officials told Reuters. Iran was never barred from buying food or other humanitarian goods under sanctions imposed because of its disputed nuclear program ...



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Our Membership Solutions

Get Over 40 Email Bulletins on MENA Countries & Sectors. Track the Latest News, Research or Analysis with My Zawya. Access Time-Saving Tools & Productivity Enhancing Services.



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Business news and markets: as it happened, Friday March 14, 2014

Markets are sliding as the threat of Russian military action in Ukraine intensifies



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News Local

How would one capture all that the Great White North is, in one symbol? Perhaps the beaver, Canada goose, the loon from our loonies or this country’s red maple leaf would best depict the Canadian spirit.



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Fed bond purchases send $80 billion Treasury’s way

The Federal Reserve’s controversial bond-buying program designed to stimulate the U.S. economy generated interest income of $90 billion in 2013, an audit of the central bank confirmed Friday. Click to Continue »



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UK trade deficit widens in Jan as exports hit 19-month low

Britain's goods trade deficit widened by more than expected in January as exports fell to their lowest level in more than a year and a half, official data showed on Friday. The Office for National Statistics said the goods deficit was 9.793 billion pounds in January. Good exports fell 4 percent to 24.248 billion pounds, their lowest level since June 2012. Britain' overall trade deficit ...



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Thursday, March 13, 2014

US stocks rise on solid retail sales, labor reports

Wall Street stocks Thursday moved higher in early trade following solid reports on US retail sales and jobless claims. About 40 minutes into trade, the Dow Jones Industrial Average rose 34.47 points (0.21 ...



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BP no longer banned from federal contracts

BP will once again be allowed federal contracts, with the Environmental Protection Agency agreeing to drop an order declaring the oil company an unfit business partner for the U.S. government… Click to Continue »



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Western banks cold-shoulder Iran trade finance scheme

* Iran wants economic sanctions lifted * Iran keen to speed up humanitarian trade plan LONDON/ANKARA, March xx (Reuters) - Despite a diplomatic thaw, Western banks are steering clear of attempts by Iran to get them involved in financing humanitarian transactions, fearing they could be penalised under U.S. sanctions, bankers and government officials told Reuters. Iran was never barred from buying ...



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US stocks rise on solid retail sales, labor reports

New York (AFP) - Wall Street stocks Thursday moved higher in early trade following solid reports on US retail sales and jobless claims.



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Wednesday, March 12, 2014

TSX Venture Exchange Daily Bulletins

TSX Venture Exchange Daily Bulletins



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Roundup: Surecomp, Informatica Corporation, Intel

Surecomp, provider of trade finance solutions for banks and corporations, has been selected by a major Paraguayan bank for a Java-based end-to-end solution, Surecomp said in a release without disclosing the name of the bank.



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Tuesday, March 11, 2014

LATEST NEWS:

South Korean President Park Geun-hye speaks at a news conference after her summit with Canadian Prime Minister Stephen Harper at Cheong Wa Dae on Tuesday.



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Monday, March 10, 2014

TSX Venture Exchange Daily Bulletins

TSX Venture Exchange Daily Bulletins



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Business news and markets: as it happened - March 10, 2014

Global markets dip following disappointing figures from China and Japan



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EU-US trade talks resume amid controversy





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Britain's FTSE bounces back, led by Rolls Royce

* Rolls Royce (LSE: RR.L - news) up on power systems unit stake buy LONDON, March 10 (Reuters) - Britain's top shares recovered on Monday after steep falls in the previous session, led by Rolls Royce as investors welcomed an acquisition, though weakness in miners on downbeat China data kept market gains in check. Rolls-Royce advanced 3.2 percent after the engine maker announced a buy out of ...



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Sunday, March 9, 2014

Islamic Finance Gateway Weekly Briefing

Sunday, March 9 - The Islamic Finance Gateway (IFG) Briefing, published from Sunday to Thursday, carries the latest market-moving news and data for institutions offering Islamic financial services. To view the full IFG Briefing click here: http://ift.tt/1ejae3g TOP STORIES FEATURE: Africa and Nigeria have lost an Islamic finance champion. Who will lead now in Sub-Saharan Africa? Islamic ...



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Islamic Finance Gateway Daily Briefing

Monday, March 10 - The Islamic Finance Gateway (IFG) Briefing, published from Sunday to Thursday, carries the latest market-moving news and data for institutions offering Islamic financial services. To view the full PDF version of the briefing click here: http://r.reuters. ...



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Finance News Update, what you need to know

Finance News Update, what you need to know



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Competitiveness matters more than euro strength: French finance minister

Competitiveness in France and Europe must be improved regardless of how strong the euro is, France's finance minister said on Sunday, in a rebuttal to critics who blame the currency's rise for French firms' export woes. Several French politicians and companies including carmaker Renault (Paris:RNO.PA - News) and energy management firm Schneider Electric (Paris:SU.PA - News) have in recent months ...



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Week ahead in business and economics: March 10 - 14

= Morrisons investors look for cheer = After a disappointing Christmas, investors will be looking to Dalton Philips, chief executive of Wm Morrison , for some better news on Thursday. Like-for-like sales ...



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Friday, March 7, 2014

Weather weathered, employers add jobs in February

February snaps the streak of weak jobs reports, employers add 175,000 despite bad weather. Click to Continue »



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Taiwan February Trade Surplus Rises; Exports Climb

Taiwan's trade surplus for February increased from a year ago, figures from the Ministry of Finance showed Friday.



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Thursday, March 6, 2014

Malawi jetgate: Cabinet did not approve barter trade

Malawi cabinet approved the sale of a luxury 14-seater presidential jet but never authorised barter trade, senior cabinet minister who Nyasa Times asked have disclosed. Finance Minister Maxwell Mkwezalamba said the $15 million (about K6.3 billion) proceeds from the jet sale never went into government’s consolidated account and instead the Attorney General facilitated the transfer...



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Booming fish trade does not benefit smaller fisherfolk

The world fish trade is booming, but benefits are not reaching the small-scale fishers, says the United Nations in a report the Bharatiya Janata Party may find useful as it attempts a good catch in the electoral waters of Tamil Nadu, where the party last week started a "NaMo" fish stall campaign to connect with the people. In Tamil Nadu, the fishing community constitutes a significant votebank ...



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Gold Seeker Closing Report: Gold and Silver End Mixed

Gold fell $2.36 to $1332.74 in late Asian trade before it rallied back to $1341.79 by early afternoon in New York, but it then fell back off into the close and ended with a gain of just 0.17%. Silver climbed to $21.314 in London, but it then fell back off in late trade and ended with a loss of 0.09%.



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Stock Market Update from Briefing.com

Stock Market Update from Briefing.com



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Wednesday, March 5, 2014

Islamic Finance Gateway Daily Briefing

Thursday, March 6- The Islamic Finance Gateway (IFG) Briefing, published from Sunday to Thursday, carries the latest market-moving news and data for institutions offering Islamic financial services. To view the full PDF version of the briefing click here: http://ift.tt/1mXkpnr TOP STORIES Gulf's rift over Qatar may slow investment, reforms A diplomatic split between Qatar and its ...



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ASX closes flat on mixed signals

Strong trade and retail sales data failed to lift the Australian sharemarket as Chinese officials stoked uncertainty and the Ukrainian standoff grew increasingly frosty.



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Japan exports rise 18.6% YoY in Oct

Japan registered a widened trade deficit at 1.0907 trillion yen in October, far exceeding an expecte...



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Tuesday, March 4, 2014

Trade minister urges some easing in gold import curbs

India's trade minister said on Tuesday he had taken up with the finance ministry the issue of easing some curbs on gold imports imposed last year to narrow the current account deficit. "We have



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Trade minister urges some easing in gold import curbs

NEW DELHI (Reuters) - Trade Minister Anand Sharma said on Tuesday he had taken up with the finance ministry the issue of easing some curbs on gold imports imposed last year to narrow the current account ...



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UPDATE 1-India's trade minister wants gold import curbs eased

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Anand Sharma accuses US of protectionism, says India's patent laws WTO compliant

Trade Minister Anand Sharma launched a broadside on Tuesday against the United States, accusing Washington of trade protectionism and making it hard for Indian nationals to obtain U.S. visas.



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Trade minister urges some easing in gold import curbs

NEW DELHI (Reuters) - Trade Minister Anand Sharma said on Tuesday he had taken up with the finance ministry the issue of easing some curbs on gold imports imposed last year to narrow the current account deficit. "We have to have a balance. Over-regulation, too much of tariffs, lead to another problem ... of smuggling," Sharma told a news conference. "We have to ensure adequate availability of ...



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India's trade minister urges some easing in gold import curbs

NEW DELHI, March 4 (Reuters) - India's trade minister said on Tuesday he had taken up with the finance ministry the issue of easing some curbs on gold imports imposed last year to narrow the



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Sunday, March 2, 2014

More Calcutta News

Pakistan Finance Minister Ishaq Dar has emphasized on meaningful market access for Pakistan's exports to India. Dar, in a meeting on examining trade with India, said it should be ensured all ...



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Saturday, March 1, 2014

Former slave trade town to become African art hub

Former slave trade town to become African art hub



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