Mozambique expects foreign direct investment to climb 30 percent in the next four years as the economy expands, Finance Minister Manuel Chang said.
Investment will probably reach $450 million this year and $560 million by 2011, compared with $430 million in 2007, Chang said in an interview in Maputo, Mozambique today. Agriculture and tourism are likely [...]
As the local housing market tightens, John Key buys an apartment in Maui. Political editor Ruth Laugesen reports.
National leader John Key has just got a late Christmas present most New Zealand families being squeezed by soaring interest rates and high prices would envy - Investment Guide a tropical holiday home in Hawaii.
Key confirmed to the [...]
Patel issued a statement after a three-day visit to Pakistan, which included talks with leaders of the new government taking power after eight years of military rule under President Pervez Musharraf.
Musharraf, who seized power in a 1999 coup, guided Pakistan from the brink of bankruptcy to multiyear [...]
Patel issued a statement after a three-day visit to Pakistan, which included talks with leaders of the new government taking power after eight years of military rule under President Pervez Musharraf.
Musharraf, who seized power in a 1999 coup, guided Pakistan from the brink of bankruptcy to multiyear [...]
The FINANCIAL — Fitch ratings affirmed Ukraine `s `BB-` long-term foreign and local issuer default ratings (IDR) with a positive outlook, according to Thompson Financial.
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The ratings agency also affirmed Ukraine `s `BB-` country ceiling rating and `B` short-term IDR.
`Ukraine`s credit fundamentals are improving owing to solid growth supported by [...]
WASHINGTON %26mdash; The price of oil gushed to a record high Monday, spreading dangerously to factories, groceries, gas stations and every person’s pocketbook.
Builders are building less, the government reported.
Manufacturers are cutting back, another report said. General Motors Corp. and Ford Motor Co. said they would cut second-quarter production.
The galloping energy prices are [...]
NEW YORK�(CNNMoney.com) — Stocks looked set for another selloff Thursday as nagging fears about credit and the threat of a deep recession troubled investors and sent the dollar plunging. Less than an hour before the open, Dow futures were sharply lower, pointing to a negative start for blue-chip stocks.There are a lot of things weighing [...]
Small-Cap Rally, Ferragamos Dilemma, Chinas Options: Timshel
Commentary by Michael R. Sesit
Feb. 21 (Bloomberg) — Small-value stocks got a much-needed
lift after the Federal Reserve cut interest rates by 1.25
percentage points from Jan. 22 to Jan. 30.
[...]
Rosy Credit Ratings, Misery Matters, Ruble Rumblings: Timshel
Commentary by Michael R. Sesit
March 1 (Bloomberg) — The retention of AAA credit ratings
for the insurance units of MBIA Inc. and Ambac Financial Group
Inc. earlier this week brought the global banking system and
capital [...]
Gail
D Fosler
President %26amp; Chief
Economist, Conference Board
The
Conference Board is better known for its lead economic indicators in the United
States. Its presence in India for almost a decade has been a very low key
affair. But that is changing now, with the board- an independent non-profit
organisation seriously eyeing the Indian space. It already has among [...]
