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BRUSSELS, Belgium (AP) -- Inflation in the countries that use the euro currency dropped further in December to 1.6 percent, according to official estimates, stoking market expectations that the European Central Bank will keep cutting borrowing costs ...
Read moreEuro zone inflation fell below target in December - Associated Press
Lagos — A foreign exchange crisis is looming over the economy as the Central Bank of Nigeria (CBN) suspended sales yesterday. Vanguard was reliably informed by banks' foreign exchange dealers and bureau de change (BDCs) operators that contrary to ...
Read moreNigeria: Crisis Looms As CBN Suspends Forex Sales - AllAfrica.com
LONDON, Jan 5 (Reuters) - The European Investment Bank plans to issue a three-year dollar-denominated benchmark bond, an official at one of the banks managing the sale said on Monday. The EIB, rated triple-A by all three major rating agencies, has ...
Read moreForex Newsletters - FXStreet.com
Harare — THE idea behind the Foreign Exchange Licensed Warehouses and Shops was to make goods available in the shops at affordable prices to consumers since hard currency is not susceptible to the inflationary pressures negatively impacting on the ...
Read moreZimbabwe: Curb Forex Profiteering - AllAfrica.com
Companies are getting creative in using the Company Act and Accounting Standards to avoid the impact of foreign currency loan on their profit & loss statement owing to currency fluctuations. Companies with foreign currency borrowings have now adopted ...
Read moreCreative accounting helps cos cover up forex losses - Economic Times
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THE dollar has opened higher, after higher commodities prices and a positive finish on US equity markets pushed the currency through US70c. At 0700 AEDT, the dollar was trading at $US0.7021/29, up from Wednesday's close of $US0.6919/24. During ...
Read moreDollar opens higher as commodity prices rise - News.com.au
TOKYO, Dec 30 (Reuters) - Japan's Nikkei average edged up 0.6 percent on Tuesday, buoyed by Mitsubishi Corp and other resource-linked firms as oil gained, but Tokyo shares still looked set to book their worst year ever in 2008. Sony Corp and other ...
Read moreNikkei edges up as resource shares gain, but top-heavy - Forbes
TOKYO, Dec 30 (Reuters) - Tokyo shares looked set to book their worst year ever in 2008, with the Nikkei benchmark average losing 0.4 percent on Tuesday, pressured after Wall Street declined on economic worries and the threatened failure of a ...
Read moreRPT-Nikkei edges down on final trading day of 2008 - CNBC
With dismal share valuations causing bondholders to redeem, and not convert their foreign currency convertible bonds (FCCBs), which until early this year were regarded as one of the most preferred options for raising corporate debt, suddenly seem to ...
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