by bizadmin | Aug 8, 2011 | Featured, News, USA
Washington – Despite Friday’s downgrade of the US government’s top-notch credit rating, the first in history, US markets may avoid a major shock, as the rating decline came as no surprise and may already be priced into markets, some analysts said on...
by bizadmin | Jul 15, 2011 | Featured, News
The National Bureau of Statistics of China released a 9.5% annual growth estimate for second quarter gross domestic product (GDP) today, meeting market expectations. This is only a mild slowdown from the 9.7% recorded in Q1, which indicates that further monetary...
by bizadmin | Jun 14, 2011 | Featured, News
French Finance Minister Christine Lagarde and Governor of the Bank of Mexico, Agustin Carstens, are the two candidates to be considered for the top job at the International Monetary Fund (IMF). This comes after nominations for the managing director post opened...
by bizadmin | Apr 24, 2011 | Featured, Insurance, News
Catlin Group Limited, the international specialty property/casualty insurer and reinsurer, announces an initial estimate of the financial impact of the 11 March 2011 earthquake and tsunami which devastated areas of northeast Japan. Catlin expresses its sympathy to the...
by bizadmin | Apr 12, 2011 | Featured, News
Tight security ahead of Brics summit Sanya, China – Hours ahead of President Jacob Zuma’s arrival in China for Thursday’s Brics summit, Chinese officials have set up a massive security cordon around nearby Yalong Bay, where the various Heads of State are to stay. Zuma...
by bizadmin | Mar 29, 2011 | Featured, News
Pretoria – South African Deputy President, Kgalema Motlanthe, says Africa is ripe with opportunities for those willing to make investments. Speaking at a public lecture at New York University, Motlanthe dismissed the negative perceptions of Africa, which has...
