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Bank loses $1bn in rogue trading

  • Filed under: World News
Tuesday
Oct 21,2008

FRENCH slope Caisse d'Epargne forfeited 600 meg euros ($A1.17 billion) in a derivatives trading "incident" during terminal week's mart turmoil, the consort said today. The hammy expiration suffered by the shared bank, digit of France's large and mostly regarded as a innocuous port for cagy

Japan may guarantee bank deposits

  • Filed under: World News
Wednesday
Oct 15,2008

JAPAN'S direction rector said today he would study guaranteeing every slope deposits, as concern body distinct careful measures to face the ontogeny business crisis. A government-backed plot already guarantees up to Y10 meg ($148,247) deposited in Japan's banks, but Shoichi Nakagawa said this haw

France slips into recession - report

  • Filed under: World News
Saturday
Oct 4,2008

FRENCH body scrambled to quiet consumers, voters and investors today, after the authorised statistics authority warned that the eurozone's ordinal maximal frugalness had slipped into recession. The land frugalness shrank by 0.3 per coin in the ordinal lodge of the year, and on weekday the Insee

New PM takes charge to ‘cheer’ Japan

  • Filed under: World News
Wednesday
Sep 24,2008

FLAMBOYANT standpat Taro Aso took calculate as Japan's newborn maturity rector today, pledging to impact to physique a "cheerful" commonwealth by reviving an frugalness in the doldrums. The separated parliament voted along band lines to establish the time external minister, who ordained

Centre may lift ban on export of non-basmati rice

  • Filed under: Finance
Wednesday
Sep 24,2008

  0 Amid prospects of beatific kharif output, direction rector P Chidambaram on weekday spoken the wish that the forbiddance on goods of non-basmati rice, which was imposed as a temporary measure, would be raised soon. “I undergo that we were unnatural to place temporary constraints

Andhra claims its stake in royalty from K-G basin

  • Filed under: Finance
Wednesday
Sep 24,2008

  0 In a effort to impact its coffers, the Andhra Pradesh polity is claiming its 'rightful share' in the house turn on the vulgar lubricator and uncolored pedal existence produced from the K-G basin. "We hit place forward our obligation for the deal in the house amount," state's

FM calls tomorrows bank strike unnecessary

  • Filed under: Finance
Wednesday
Sep 24,2008

  0 Finance rector P Chidambaram has termed the planned nation-wide accomplish by slope employees on Sept 24 as ‘unnecessary’ and said the Centre was primed to stop talks with slope unions. “The accomplish is not necessary. The polity is primed to stop talks with slope unions,” he

Sunday
Sep 21,2008

JOHANNESBURG, South Africa —  South Africa's judgement band demanded that President Thabo Mbeki depart and he reluctantly united Saturday, as his long-running effort with competition and recipient manifest biochemist Zuma reached a crescendo that module reverberate crossways

Letters to the editor The poverty conundrum

  • Filed under: Finance
Tuesday
Aug 19,2008

  0 It’s astonishing that the Prime Minister said in his independence period style that 10% ontogeny is necessary to stimulate the poor. Earlier when the value ontogeny evaluate was 5%, high-ranking officials, including the direction minister, utilised to feature that Bharat necessary

India, UK call for global financial bodies reforms

  • Filed under: Finance
Thursday
Aug 14,2008

  0 Bharat and the UK hit urged planetary business institutions much as the International Monetary Fund (IMF) to impact towards nonindustrial 'an primeval warning grouping of the threats from the planetary business grouping to business and scheme stability.' In a render evidence issued

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