Portugal is ready to issue 15-year debt bonds for the first time since it received a 78-billion-euro bailout from the European Commission, the International Monetary Fund and the European Central Bank in May 2011, according to local media reports on Tuesday.
Out of a population of 100 million, some 11.8 million Filipinos are still jobless and there is an increasing pessimism among them of finding gainful employment soon, according to a recent survey conducted by a reputable survey firm in Manila.
World Bank President Jim Yong Kim said on Tuesday that the proposed Asian Infrastructure Development Bank (AIIB) and the BRICS Development Bank are new forces for battling poverty and bringing shared prosperity globally.
The main purpose of the ongoing Israeli military operation in the West Bank is to undermine the new-born Palestinian unity government by weakening the Islamic Hamas movement, Palestinian analysts said on Sunday.
China's central bank announced on Thursday that it had authorized the Bank of China (BOC) as clearing bank for RMB business in Frankfurt.
The People's Bank of China (PBoC) announced on Wednesday morning that the China Construction Bank (CCB) will become a clearing bank of the RMB business in London.
Bank of China on Monday signed an agreement with the Milan-based Italy China Foundation to create a platform of services aimed at enhancing collaboration between the two countries' small- and medium-sized companies (SMEs).
Bank of China will list its first offshore RMB "Schengen bond" on the Euro MTF market of the Luxembourg Stock Exchange, according to a press release published on Monday by Bank of China Luxembourg Branch.
Financial results of China's major banks released over the past few days have laid bare a worrying rise in non-performing loans.
All four major Chinese banks told Xinhua on Wednesday no changes had been made to their property loan policies, helping calm the somewhat panicking property and stock markets.
The German Agency for International Cooperation (GIZ) will assist three Myanmar private banks in terms of financial techniques for the development of country's small and medium-sized enterprises, local media reported Tuesday.
China's industries beset by overcapacity have entered a more favorable demand-supply balance, Deutsche Bank said on Tuesday.
An Israeli court on Thursday pronounced a sentence of one year in prison on Dan Dankner, former chairman of Israel's largest bank Hapoalim Bank, for fraud while he served as the bank chief.
The World Bank and the Global Fund to Fight AIDS, Tuberculosis and Malaria (Global Fund) announced Wednesday a new partnership to expand access to essential health services for women and children through results- based financing (RBF) and accelerate progress on Millennium Development Goals (MDGs).
Delegates from leading commercial banks in Malaysia and Hong Kong met here on Thursday for the first Private Sector Dialogue on Offshore Renminbi (RMB) Business, in a bid to promote cooperation on the Chinese currency market between financial institutions in Malaysia and Hong Kong.
Japan's financial watchdog started investigations Tuesday on the country's top three banks over their suspected links with organized crime groups.
Japan's financial watchdog started investigations Tuesday on the country's top three banks over their suspected links with organized crime groups.
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