Showing posts with label financial markets. Show all posts
Showing posts with label financial markets. Show all posts

Friday, February 9, 2018

Shanghai stocks fall 4 percent

Shanghai stocks
The Shanghai Stock Exchange closed Friday with losses of 4.05 percent or 132.20 points to end the session at 3,129.85 on a day marked by widespread declines on all exchanges after a volatile day on Wall Street a day before.

Monday, April 24, 2017

Outcome of French first round election sends high stocks in France, Europe

Stocks in France and exchanges in European markets opened with rosy note on Monday after pro-market and Europe stance Emmanuel Macron's win in France' first round offered a relief to investors who had feared radical candidates could win power.

Saturday, January 14, 2017

EU Brexit negotiator warns over risk to financial stability

The European Union's chief Brexit negotiator has warned that the bloc must be aware of the risk to financial stability during what are expected to be very tough talks with Britain.

Wednesday, January 11, 2017

Bank of England Governor: EU to Suffer Greater Losses From Brexit Than UK

The European Union may sustain greater financial losses than the United Kingdom if the two parties fail to negotiate financial terms of the UK withdrawal from the bloc, head of the Bank of England Mark Carney said Wednesday.

Friday, June 24, 2016

Two-thirds of votes counted :Britain heading towards Leave vote

Britain appears to be on course to leave the European Union with the Leave side leading polling by more than half a million votes with almost two-thirds of votes counted.

Sunday, January 17, 2016

Thursday, December 24, 2015

Russia Gives France Information on Turkey's Role in Financing Daesh

Russia also informed France that Turkey deploys militants to northern Syrian regions to reinforce the Islamic State.

Russia's General Staff has provided information to France on Turkey's role in stealing Syrian natural resources and financing the Islamic State (IS, also known as Daesh), the Russian Defense Ministry said Thursday.

Thursday, December 17, 2015

U.S., Russia Drafting New UN Resolution Against IS Financing

The United States and Russia are working together on a new United Nations Security Council resolution aimed at putting further pressure on the finances of Islamic State (IS) militants.

Thursday, July 9, 2015

China bars 'big' shareholders from selling their stocks

China's market regulator has barred major shareholders and executives of listed companies from selling their shares for the next six months, it said in a statement, the latest government action to stem a slide in the markets.

Monday, July 6, 2015

Hollande, Merkel say ‘door is open for discussion’ on Greece

French President François Hollande and German Chancellor Angela Merkel stressed the urgent need for credible Greek proposals to resolve the current stalemate at a joint press conference a day after Greeks voted to reject EU bailout terms.

Tuesday, June 30, 2015

Poland safe in view of Greek turmoil (PM)

Poland’s economy and the banking sector remain safe, with the country’s central bank and Finance Ministry on stand-by to stabilise the foreign currency market should the zloty depreciate, prime minister Ewa Kopacz told reporters on Monday, commenting on the turbulence caused by Greece.

Monday, June 22, 2015

EU Extends Sanctions Against Russia for 6 Months

European Union foreign ministers formally agreed Monday to extend economic sanctions against Russia for an additional six months in response to the country's role in neighboring Ukraine.

Saturday, November 29, 2014

First Catalonia visit since vote: Spanish PM brands independence poll ‘resounding failure’

The unity of Spain is not up for discussion Prime Minister Mariano Rajoy said on his first visit to Catalonia since its symbolic vote on independence from Madrid. In his upbeat address, Rajoy branded the poll “a farce” that fell to pieces.

Thursday, September 11, 2014

IMF says markets could fall if Scotland leaves UK. - ("Longer-term effects would depend on the decisions being made during the transition")

A decision by Scotland to break away from the United Kingdom next week could prompt negative market reaction in the short-term due to uncertainty over the country's future economic policies, the IMF said.

"The main immediate effect is likely to be uncertainty over the transition to potentially new and different monetary, financial and fiscal frameworks in Scotland," Bill Murray, spokesman at the International Monetary Fund, told reporters.

Thursday, August 7, 2014

Argentina seeks legal case against US in The Hague (Debt battle)

Argentina has asked the world court in The Hague to launch proceedings against the United States over Argentine sovereign debt, the latest move in the South American country's long-standing dispute with holdout creditors.

A statement issued by the International Court of Justice, the UN's highest court for disputes between nations, said the request had been "transmitted to the US Government. 

However, no action will be taken in the proceedings unless and until" Washington accepts the court's jurisdiction.

Wednesday, August 6, 2014

Argentina to urge Citibank, BONY to pay bondholders...

The Argentine Government will formally demand that Citibank and the Bank of New York Mellon pay exchange bondholders, the Economy Ministry informed today in a press release.
“Citibank and BONY must distribute payments made by the Argentine Republic to exchange bondholders, as well as guarantee future payments become effective,” the press release reads.
The Ministry claims those funds “belong to exchange bondholders” and blames New York district judge Thomas Griesa for “inappropriately blocking” the payments.

Monday, August 4, 2014

Argentina (government) calls for legal actions against vulture funds

Cabinet Chief Jorge Capitanich reiterated that Argentina will call for an inquiry for “fraudulent maneuvers” and urged “bondholders, trustees and clearing agencies” to also take legal action against the vulture funds.

“Argentina will take actions through the Security and Exchange Comission (CNV) for an inquiry on fraudulent maneuvers on credit default swaps,” stated Capitanich in his daily press briefing at government house.

He accused vulture funds of “acting on privileged information” against “markets’ transparency”. The Kirchnerite official pointed out that the government is analyzing several legal alternatives against the holdouts, and said “bondholders, trustees and clearing agencies should take actions” too.

Friday, December 13, 2013

Russian Central Bank closes three more banks in crackdown

Russia’s central bank said on Dec. 13 that it had withdrawn the licenses of three more banks in a crackdown on shady financial activities a day after President Vladimir Putin renewed a drive to stem capital flight.

The closures of the three banks, the biggest of which was Investbank - ranked 79th in Russia by assets - were linked to mounting payment problems and dubious operations, it said.

The closures come weeks after the central bank withdrew the license of Master Bank, a mid-sized Moscow bank, in the most potent demonstration that Governor Elvira Nabiullina is serious about halting rampant fraud and money laundering in Russia.

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