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Finance History 2010-03-07 (07 March 2010 ) |
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| Europe needs an institution similar to the International Monetary Fund to combat situations such as the Greek fiscal crisis, Germany's finance minister was quoted as saying Sunday. | |
| It is too early for Japan to end its massive stimulus spending because the world's second biggest economy is still slowly recovering from a severe recession, the finance minister said Sunday. | |
| The government's plan to set a positive economic example for Canadians by curbing its own operational spending was not harmed by Finance Minister Jim Flaherty's flight to London, Ont., this week, Stockwell Day said Sunday. | |
| March 7 (Bloomberg) -- Gulf Finance House EC, the Bahrain- based investment bank, plans to form an Islamic bank in Syria with a capital of 15 billion Syrian pounds. | |
| MUMBAI: The construction work on the $10-billion (around Rs. 45,500 crore) Gulf Finance House Economic Development Zone (GFH EDZ) formally commenced on Sunday with the Chief Minister of Maharashtra, Ashok Chavan, performing the ground-breaking ceremony. | |
| DUBAI: Bahrain's Gulf Finance House (GFH) said it was close to setting up a US$326 million (US$1 = ) unit in Syria as the Islamic investment bank looks to boost revenues in a relatively untapped banking market. Syria Finance House, with a capital of US$326 million, would be GFH's first expansion with the potential to bring additional fee income in about a year. GFH and other financial ... | |
| BERLIN -Europe needs an institution similar to the International Monetary Fund to combat situations such as the Greek fiscal crisis, Germany's finance minister was quoted as saying Sunday. Read more... | |
| DUBAI: Bahrain’s Gulf Finance House (GFH) said it was close to setting up a US$326 million (US$1 = ) unit in Syria as the Islamic investment bank looks to boost revenues in a relatively untapped banking market. | |
| Due to large amounts of cash available in the banking system, banks should consider financing projects aimed at drawing EU funds, as the Public Finance Ministry (MFP) will tone down its presence on the domestic state bonds’ market, compared to 2009, Finance Minister Sebastian Vladescu said. | |
| BERLIN - German Finance Minister Wolfgang Schaeuble said in a newspaper interview released on Saturday he plans to make proposals soon on a new European institution to help ensure the stability of the euro zone. |
Economic History
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| Prime Minister John Key believes economic confidence is picking up as unemployment drops | |
| By Asrul Hadi Abdullah Sani KUALA LUMPUR, March 7 — The Malay Consultative Council (MPM) has declared that the New Economic Model (NEM) proposed by the Najib administration must protect Malay interests as prescribed by Article 153 of the Federal Constitution. MPM spokesman Datuk Ibrahim Ali (picture) explained today that the NEM must be in line with Article 153 which has 10 parts, with the first ... | |
| Recovery in economic activity coupled with subsequent rise in demand and volumes helped India Inc manage raw material costs better in the quarter ended December 2009. | |
| Public sector undertakings in India have weathered the economic slowdown better than their private sector... | |
| LONDON: Britain's economic recovery could falter in the medium term as banks and consumers continue to deleverage, the British Chambers of Commerce said yesterday as it revised down its forecast for growth next year. The lobby group said it now expects Britain's economy to expand by per cent in 2011, down from the per cent it forecast in December. It, however, maintained its prediction ... | |
| DUBAI — The total value of Dubai’s gold imports in 2009 fell 15 per cent to $29 billion with record high prices and economic slowdown impacting domestic jewellery demand, officials sources and analysts said on Sunday. | |
| MUMBAI — Maharashtra chief minister Ashok Chavan performed the formal ground-breaking ceremony for the $10 billion Gulf Finance House (GFH) economic development zone (EDZ) on the outskirts of Mumbai on Sunday. | |
| By Asrul Hadi Abdullah Sani KUALA LUMPUR, March 7 — Datuk Mukhriz Mahathir (picture) maintained that the New Economic Model (NEM) would not neglect the Malay community and would have the spirit of the New Economic Policy (NEP). The Deputy International Trade Minister allayed fears that the NEM would sideline Malays as widely feared, stressing it would be like the NEP which was never racist but ... | |
| A leading business group has said British economic growth for this year will be weaker than originally forcasted.. | |
| LONDON: Britain's economic recovery could falter in the medium term as banks and consumers continue to deleverage, the British Chambers of Commerce said yesterday as it revised down its forecast for growth next year. |
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