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 […]

ECB's Constancio calls for stress tests on investment funds

[Buzz_Burner_Fresh_Updates] ECB's Constancio calls for stress tests on investment funds – reuters.com LONDON, May 8 (Reuters) – The euro zone needs to tighten its scrutiny of investment funds and other less-regulated financial institutions, including by introducing stress tests, the European Central Bank’s vice president Vitor Constancio said on Friday. Continue Reading On reuters.com ยป  

IMF endorses Islamic finance, warns it must be implemented better + MORE

[Buzz_Burner_Fresh_Updates] A bank filmed a real pigeon for an entire day to create an ad that makes it look like it's skanking to a famous ska song – feedburner.com Here’s a fun new ad from Virgin Money that aims to show how the brand stands apart from other, boring banks. Virgin Money’s production company, Rattle […]

WRAPUP 1-Greece expected to seek loan extension from sceptical euro zone + MORE

[Buzz_Burner_Fresh_Updates] WRAPUP 1-Greece expected to seek loan extension from sceptical euro zone – reuters.com ATHENS/BRUSSELS, Feb 19 (Reuters) – Greece is expected to ask on Thursday for an extension to its “loan agreement” with the euro zone as it faces running out of cash within weeks, but it must overcome resistance from sceptical partners led […]