The BRICS group of five emerging countries has reached agreement on a fund aiming to stabilize their currencies. The fund, worth $100 billion, seeks to stem an outflow of capital once the US changes monetary...
The economic crisis in the country is largely associated with the fiscal and current account deficits. The fiscal deficit is primarily a domestic economic issue while the CAD is intertwined with international developments. The fiscal...
The European Commission has presented draft legislation aimed at taming the multi-trillion-euro shadow banking industry in the 28-member bloc. The idea is to make unregulated money market funds safer. The EU executive said the draft...
Switzerland reported earlier today that Q2 GDP expanded by 0.5%, which was sufficient to lift the year-over-year rate to 2.5% from 1.2% in Q1. This is the strongest year-over-year pace since Q1 2011.The market had...
Portugal’s highest court has rejected lay-off bill aimed at phasing out surplus public sector workers by reducing pay and then laying them off. This was the court’s second ruling against cuts needed to secure bailout...
The Indian Rupee has depreciated more than 20% over the last three months. Has this got more room to go? We try to answer this question by analysing FII portfolio flows into the country, mainly...
A new residential real estate giant is in the making in Germany’s housing market. Deutsche Wohnen has made a bid for its rival GSW to form the second largest housing company in the country. Deutsche...
One of the hottest debates in the investment circles now days is which asset class is best for investment – Equity, Real Estate or Gold. Financial experts advise that one should build a diversified portfolio...
Online education in India is picking up faster than before. This shows interest amongst the population to adapt to new changes primarily to shorten their distance to success. According to ICEF Monitor is a dedicated...
Fresh data from the EU’s statistics office have shown that the debt-stricken eurozone has had no problems with keeping inflation in the bloc at a reasonably low level. Individual member states stand out, however. The...
Cisco CEO John Chambers gushed with positive vibes during the earnings call on wednesday : “unbelievably strong results,” is what he called the fourth quarter. He talked about record revenues. “We have strong momentum,” he...
The BOK is sounding pro-active again about the risks to KRW weakness, even though the currency is strengthening. We just hope these concerns don’t spill over into macroprudential-type regulation that will harm market functioning. The Finance...
