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COLOMBO, April 8 (Reuters) - Sri Lanka's rupee and bourse closed flat on Wednesday in dull trade ahead of a long holiday, but concerns over conditions on a $1.9 billion International Monetary Fund (IMF) loan remained, traders said. The rupee
- Laht.com: Inflation officially held steady during March, according to figures released by the Venezuelan Central Bank (BCV) amid warnings that the economy could be heading towards a severe recession. The BCV said that consumer prices rose last month ...
- New York: MGM Mirage is in talks with private equity firm Colony Capital LLC to obtain a secured loan of as much as $750 million (Dh2.754 million) to help refinance the company's debt, two people with knowledge of the discussions said Monday. Colony ...
- WASHINGTON - Consumer borrowing plunged more than expected in February as Americans cut back their use of credit cards by a record amount. The Federal Reserve said Tuesday that consumer borrowing dropped at an annual rate of $7.48 billion in February ...
- April 6 (Bloomberg) -- Ford Motor Co. , slashing costs to stay off government aid, said it trimmed $9.9 billion of borrowings as the company completed its largest debt restructuring. The transactions, which reduce automotive debt by 38 percent, will ...
- DETROIT (Reuters) - Ford Motor Co said Monday it had slashed automotive debt by 38 percent, or $9.9 billion, bolstering its finances amid a deep auto industry downturn and sending its shares up more than 13 percent. Ford said the debt restructuring ...
- Live Quotes automatically refresh, but individual equities are delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. * : Time ...
- Amman - The Jordan Petroleum Refinery Co (JPRC) has signed a preliminary memorandum of understanding with a consortium of 12 Swiss banks that allow them to acquire a 51-per-cent stake in the sole Jordanian downstream facility, a JPRC spokesman said ...
- Rupee rises 0.8 pct on dollar inflows before sliding * State banks' dlr bids controls exchange rate-traders * Sri Lanka's growth could hit 8-yr low of 2.5 pct-cbank * Country's BOP hit deficit of $1.23 billion in '08 By Shihar Aneez and Ranga Sirilal ...
- SEOUL, April 6 (Xinhua) -- South Korea's central bank said on Monday that it will reduce its dollar supply to local banks scheduled for this week, with the country's trade and overseas borrowing conditions improving. According to the Bank of Korea ...
- The Asian Development Bank expanded its trade financing program Wednesday to $1 billion or nearly double the amount last year - a move that could generate up to $15 billion in much-needed trade support for Asia by the end of 2013. The global ...
- Manila - The Asian Development Bank (ADB) said Wednesday it has expanded its trade finance facilitation programme to 1 billion dollars to help ease a "dramatic reduction" in funding caused by the global financial crisis. The Manila-based ADB said the ...
- This just in from Chicken Little: "Deficit spending - it's all the rage! But is something wrong with this picture?" The sky-is-falling-in gang notes that, against the backdrop of the still-unfolding, still-very-serious, worldwide financial crisis ...
- KIEV, Oct 16 (Reuters) - The International Monetary Fund is prepared to give Ukraine credit of $14 billion to help stabilise the country's financial system, a spokeswoman for President Viktor Yushchenko said on Friday. An IMF mission is in Ukraine to ...
- LONDON: The renewed plunge on global stock markets is not a reflection on multi-trillion dollar bank rescue plans, but of wider fears of a worldwide recession hitting jobs and livelihoods, analysts said Thursday. After a brief respite, stock markets ...
- NEW YORK — Wall Street remained tense Thursday, swinging between sharp gains and losses as investors examined mixed economic and earnings data for clues about the health of the economy. The Dow Jones industrials, down 380 at one point, rose more ...
- NEW YORK -- Several key lending rates declined again Thursday, but another weekly drop in the amount of commercial paper in the market showed that the credit markets remain under stress. The Federal Reserve said the amount of commercial paper ...
- MONTERREY, Mexico, Oct 16 (Reuters) - Mexico's Cemex, the world's No. 3 cement maker, will cut costs and jobs as it struggles with the severe U.S. housing crisis and global market volatility that is raising its financing costs. Facing slumping ...
- KIEV, Oct 16 (Reuters) - The IMF may lend Ukraine a sum ranging from $3-14 billion to shore up its financial system but has made any credit contingent on calling off a snap election, Prime Minister Yulia Tymoshenko said on Thursday. The IMF office in ...
- Investment bank Merrill Lynch & Co. said Thursday its third-quarter loss widened as it took more than $12 billion in charges and write-downs tied to the sale of mortgage investments and fallout from the continued credit crisis. Not only did Merrill ...
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