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BASEL, Switzerland -- The Bank for International Settlements urged governments Monday to move away from "staggering" stimulus packages as the global economy stabilizes and focus instead on reforming the international financial...
China's foreign exchange reserve policy is always quite stable and there are not any sudden changes, People's Bank of China Governor Zhou Xiaochuan said Sunday. Speaking on the sidelines of a central bankers' meeting in Basel,...
The weather is always fine in the Thun panorama (Christian Helmle) Thun in the Bernese Oberland has just celebrated the 200th birthday of the world's oldest panorama . Housed in an unimposing circular structure, the fist...
By Natsuko Waki BASEL, Switzerland, June 29 (Reuters) - The United Arab Emirates will ratify a law in at least 4-6 weeks to launch its first ever sovereign bond, which would help to develop the local bond market, the country's...
By Natsuko Waki BASEL, Switzerland, June 29 (Reuters) - Banks in the United Arab Emirates have 'significant' exposure to Saudi Arabia's troubled Saad Group and Algosaibi conglomerates, the UAE central bank governor told Reuters...
By Natsuko Waki BASEL, Switzerland, June 29 (Reuters) - A global reserve currency other than the dollar is difficult to contemplate and plans to use a new currency will not succeed, the central bank governor of the United Arab...
By Sven Egenter BASEL, Switzerland, June 29 (Reuters) - The Croatian government needs to tighten fiscal policy or will have to call on international help as its economy falters, the head of the Croatian central bank said on...
BASEL - Qatar, which has said it will buy bank real estate portfolios, may introduce new measures to support its financial markets, central bank Governor Abdullah bin Saud Al Thani said. “I think there is more in our plan to...
Basel, Switzerland: The UAE plans to guarantee bank bond sales, intensifying efforts to shore up the financial system after pledging Dh120 billion ($33 billion) to boost liquidity in the Arab world's second biggest economy.
Published:29-June-2009 By Staff Reporter Sun Gard system meets CBK requirements, Basel 2 standards Kuwait Finance House (KFH) has incorporated new Sun Gard system that is expected to handle all forms of risk management. The...
