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  • August 2, 2014
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Results 41 - 50 of 33523 for currency crisis

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  1. Business - Banking & Finance - BANKS

    Singapore changes liquidity rules for major retail banks

    Posted Jun 26th 2014, 01:08am by BLOOM

    ... currencies, and banks also need to hold liquid Singapore dollar assets separately to manage their liabilities in the local currency, Lim Hng Kiang, the deputy chairman of the Monetary Authority ... currencies will be 50 per cent as their head offices are probably subject to similar coverage ratios, he said. The liquidity coverage ratio is one of the main components of an overhaul of banking ...

    http://www.scmp.com/business/banking-finance/article/1540543/singapore-changes-liquidity-rules-major-retail-banks
  2. News - World - UKRAINE

    Crimea parliament votes to join Russia, accelerating Ukraine crisis

    Posted Mar 06th 2014, 04:56pm by Reuters

    ... a referendum on the decision within 10 days, in an escalation of the crisis over the Ukrainian Black Sea peninsula. The acceleration of moves to bring Crimea, which has effectively been seized ... said the referendum would take place on March 16. He said all state property would be "nationalised" and that the Russian rouble could be adopted as Crimea's currency ...

    http://www.scmp.com/news/world/article/1441889/eu-summit-tackle-ukraine-crisis-diplomacy-falters
  3. Sport - Rugby

    Welsh rugby in crisis as talks break down

    Posted Jul 12th 2014, 04:10pm by AFP

    ... Agence France-Presse in Cardiff National team captain Sam Warburton left isolated after signing WRU contract Welsh rugby was plunged into crisis on Friday after acrimonious talks between Regional Rugby Wales (RRW) and the Welsh Rugby Union (WRU) over the future direction of the sport. The four regions which form RRW – the Blues, Dragons, Ospreys and the Scarlets – have been ...

    http://www.scmp.com/sport/rugby/article/1552759/welsh-rugby-crisis-talks-break-down
  4. Business - Money - INVESTMENT

    New batch of iBonds expected to enjoy high demand from Hong Kong public

    Posted Jul 19th 2014, 01:58am by Jeanny Yu

    ... investors because the zero-risk product remains appealing in hedging interest-rate and currency risks, said analysts. "There is a trend for investors to transfer their investment ... due to fears of a major sell-off in the bond market as the US Federal Reserve appears poised for its first interest rate rise since the financial crisis in 2008. "The US central bank ...

    http://www.scmp.com/business/money/markets-investing/article/1556558/new-batch-ibonds-expected-enjoy-high-demand-hong
  5. Business - Banking & Finance

    Strengthening yuan signals more currency flexibility on the way

    Posted Aug 07th 2013, 10:21am by Jeanny Yu

    ... Beijing. China has a domestic crisis now. The regulators want to hold money in the country … to prevent capital flight Andy Xie, economist But since late last month, the currency regained upward ... rate. The government kept the currency stable in 2008 in a bid to counter the global financial crisis. Now, said Xie, the regulators should continue to do so to counter a domestic economic ...

    http://www.scmp.com/business/economy/article/1294908/chinas-yuan-hits-19-year-high
  6. Business - Economy

    Argentina defaults on bond payments

    Posted Aug 01st 2014, 02:02am by BLOOM

    ... Bloomberg in Buenos Aires Argentina defaults on bond payments Standard & Poor's declared Argentina in default on its foreign-currency obligations after the government missed ... in foreign-currency debt, including US$30 billion of restructured bonds, according to S&P. Argentina and the hedge funds, led by Elliott Management Corp, failed to reach agreement in talks in New York, ...

    http://www.scmp.com/business/economy/article/1563756/argentina-defaults-bond-payments
  7. Business - Economy - EURO-ZONE CRISIS

    EU aid deal secures Greece in single currency

    Posted Dec 14th 2012, 12:00am by Bloomberg

    ... to Athens prompted its prime minister, Antonis Samaras, to declare an end to talk of a Greek exit from the single currency. It averts a catastrophic default and secures Greece's survival ... of all euro-zone lenders that paves the way for the currency bloc's firewall fund to provide direct bailouts to banks. The new supervisory mechanism should be fully ready by March 1, 2014, ...

    http://www.scmp.com/business/economy/article/1104785/eu-aid-deal-secures-greece-single-currency
  8. News - China - BRICS

    BRICS group of nations sets up development bank to rival IMF, World Bank

    Posted Jul 16th 2014, 09:36am by AFP

    ... of Brazil, Russia, India, China and South Africa also formalised the creation of a US$100 billion currency exchange reserve, which member states can tap in case of balance of payment crises, ... to meet the demands of the developing nations... "The IMF also failed to play an active role in stabilising the turbulent emerging financial markets during the global financial crisis ...

    http://www.scmp.com/news/china/article/1555232/brics-development-bank-be-headquartered-shanghai-first-president-indian
  9. News - World - THE NETHERLANDS

    Greenpeace employee fired after losing €3.8m in currency bet

    Posted Jun 16th 2014, 09:06pm by AFP

    ... gamble on international currency markets, the group said. "Nothing suggests at this point that he acted for personal gain. It seems to be a terrible miscalculation," Greenpeace communications director Mike Townsley said on Sunday. The unnamed employee "went above his authority" in agreeing to the deal with a broker, who was meant to mitigate currency losses ...

    http://www.scmp.com/news/world/article/1534168/greenpeace-employee-fired-after-losing-eu38-currency-bet
  10. Fitch downgrades outlook for local-currency default rating

    Posted Apr 14th 2011, 12:00am

    ... Jane Cai in Beijing Fitch Ratings has downgraded the mainland's local-currency issuer rating on concerns of elevated real-estate valuations and inflation. The outlook for China's long-term local-currency issuer default rating has been revised from 'stable' to 'negative', Fitch said yesterday. 'The negative outlook reflects concerns over the scale ...

    http://www.scmp.com/article/965060/fitch-downgrades-outlook-local-currency-default-rating

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