Fitch Affirms Ethiopia at 'B'; Outlook Stable

[Buzz_Burner_Fresh_Updates] Fitch Affirms Ethiopia at 'B'; Outlook Stable – reuters.com (The following statement was released by the rating agency) PARIS/LONDON, October 09 (Fitch) Fitch Ratings has affirmed Ethiopia’s Long-term foreign and local currency Issuer Default Ratings (IDR) at ‘B’. The Outlooks are Stable. The issue ratings on senior unsecured foreign currency bonds have also been […]

Azeri forex reserves fall to $7.044 bln by Sept. 30 -central bank

[Buzz_Burner_Fresh_Updates] Azeri forex reserves fall to $7.044 bln by Sept. 30 -central bank – reuters.com BAKU, Oct 3 (Reuters) – Azerbaijan’s foreign currency reserves declined to $7.044 billion by Sept. 30 from $7.315 billion a month earlier, the central bank said on Saturday. Continue Reading On reuters.com »  

MOVES- Temasek Holdings, Horizon Investments, Pramerica, Amundi + MORE

[Buzz_Burner_Fresh_Updates] MOVES- Temasek Holdings, Horizon Investments, Pramerica, Amundi – reuters.com Sept 30 (Reuters) – The following financial services industry appointments were announced on Wednesday. To inform us of other job changes, email moves@thomsonreuters.com. Continue Reading On reuters.com » Fitch Affirms Hastings at 'B+'; Outlook Stable – reuters.com (The following statement was released by the rating […]

U.S. business groups oppose exceptions in Pacific trade pact

[Buzz_Burner_Fresh_Updates] U.S. business groups oppose exceptions in Pacific trade pact – reuters.com ATLANTA (Reuters) – U.S. business groups have voiced their opposition to blocking specific products, like tobacco, from rules letting foreign companies sue governments over damage to investments as Pacific trade ministers gather to finalize an ambitious trade deal. Continue Reading On reuters.com » […]

REFILE–China forex regulator says to cap overseas cash withdrawals + MORE

[Buzz_Burner_Fresh_Updates] China's top banks help launch $28 bln public-private partnership fund – reuters.com BEIJING, Sept 30 (Reuters) – China’s biggest banks, including Industrial & Commercial Bank of China Ltd , have joined other financial firms in a 180 billion yuan ($28 billion) fund to invest in public-private partnership (PPP) projects. Continue Reading On reuters.com » […]

IMF welcomes Myanmar currency reforms, says more needed

[Buzz_Burner_Fresh_Updates] IMF welcomes Myanmar currency reforms, says more needed – reuters.com WASHINGTON, Sept 18 (Reuters) – The International Monetary Fund welcomed Myanmar’s “bold move” to liberalize its foreign exchange rules in a report published on Friday and warned that the poor Asian country would need to tighten monetary policy and reduce credit expansion. Continue Reading […]

Fitch Affirms Italian Region of Lazio at 'BBB'; Outlook Stable + MORE

[Buzz_Burner_Fresh_Updates] Fitch Affirms Italian Region of Lazio at 'BBB'; Outlook Stable – reuters.com (The following statement was released by the rating agency) LONDON/MILAN/BARCELONA, September 18 (Fitch) Fitch Ratings has affirmed the Region of Lazio’s Long-term foreign and local currency Issuer Default Ratings (IDRs) at ‘BBB’ and its Short-term foreign currency IDR at ‘F3’. The Outlook […]

Serbian central bank cuts foreign currency reserve requirement for commercial banks

[Buzz_Burner_Fresh_Updates] Serbian central bank cuts foreign currency reserve requirement for commercial banks – reuters.com BELGRADE, Sept 10 (Reuters) – The Serbian central bank on Thursday cut the foreign currency reserve requirements for commercial banks as of February 18, 2016 to boost credit activity and spur growth. Continue Reading On reuters.com »