Finance - general
South Africa’s Wesizwe Platinum secures $877 million Chinese funding
20 Dec 2010
The current deal is also the latest instance of China locking resources around the world to ensure continued growth for its booming economy – the worlds second largest.
Panel on financial regulation, reforms soon: Pranab Mukherjee
20 Nov 2010
The finance ministry plans to establish a financial sector legislative reforms commission to rewrite financial sector legislations
Mukherjee for more financial sector reforms
11 Oct 2010
Japan larger buyer of US Treasuries than China
15 Sep 2010
Japan intervenes to check yen appreciation
15 Sep 2010
Japan stepped into the currency markets for the first time in almost six years to sell the yen and buy dollars in a bid to check the soaring value of the yen which was badly hurting the economy.
Yuan at record high as US Congress set to review policy
13 Sep 2010
Adept at dodging impending action against them China allowed its currency to rise to a record high against the dollar with the US Congress all set to discuss Beijing’s currency policy on 15-16 September.
Karzai says all’s well after run on Kabul Bank
03 Sep 2010
Afghanistan struggled to restore customer confidence after depositors began a run on the country’s biggest bank soon after the Central Bank removed its top two executives.
BIS survey: Daily forex trade at a high of $4 trillion
01 Sep 2010
Daily currency trading in global markets has grown to an average of $4 trillion a day, says a survey, with big banks losing their dominant position to hedge funds and other financial institutions.
US Fed removes anomaly which sparked sub-prime crisis
18 Aug 2010
The US Federal Reserve finally moved to end a lending practice that was directly responsible for fuelling the housing boom and, subsequently, its collapse.
US Fed moves to shore up faltering economy
11 Aug 2010
In another attempt to shore up a faltering economy the US Federal Reserve has decided to buy more government debt ensuring that money is not drained out of the financial system.
China makes record purchases of Japanese debt
09 Aug 2010
China was a net buyer of Japanese bonds for a sixth straight month in June which is the biggest annual increase on record dating from 2005.
RBI, SEBI oppose new law to resolve ULIP-type issues
09 Jul 2010
RBI and SEBI feel that if Parliament ratifies the ordinance, the joint committee could turn out to be a super-regulator
RBI, SEBI oppose new law to resolve ULIP-type issues
09 Jul 2010
RBI and SEBI feel that if Parliament ratifies the ordinance, the joint committee could turn out to be a super-regulator