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Banks to meet with Treasury Department on cyber threats: sources NEW YORK: A group of Wall Street banks plan to meet the US Treasury Department and other government officials next month to talk about how to cooperate to fend off cyber attacks, people familiar with the matter told Reuters.The agenda of the meeting has not been drawn up, nor have all the participants been identified, they added.Bankers and government officials say they want to figure out ways law enforcement can alert financial firms about cyber attacks without violating the privacy of businesses that are victimized.Both sides have long complained that such concerns have hindered notification, preventing the industry from quickly adapting to emerging threats.A multitude of federal agencies, including the Federal Bureau of Investigation, Secret Service, Department of Homeland Security and National Security Agency, help monitor and fight the hackers that have increasingly targeted financial institutions in recent years.Banks have suffered from a series of high- and low-profile attacks in ...

Yields fall as European bond yields hit record lows NEW YORK: US Treasuries yields fell on Tuesday as European bond yields fell to record lows on expectations the European Central Bank may ease monetary policy as soon as next week.ECB President Mario Draghi said on Friday the bank was prepared to respond with all available tools if euro zone inflation drops further. Investors took this to mean the ECB could start an asset purchase program or other stimulus measures.The next ECB policy meeting is ...
Yields drop as hopes for more ECB stimulus boosts demand NEW YORK: US Treasuries yields dipped on Monday in light trading, as European bonds rallied on expectations the European Central Bank will use more stimulus to revive flagging growth in the region.ECB President Mario Draghi said Friday the bank was prepared to respond with all available tools if euro zone inflation drops further. Investors took this to mean the ECB could start an asset purchase program or other stimulus measures, which would boost assets like ...
China to sell $1.95bn govt bonds in HK BEIJING: China plans to sell 12 billion yuan ($1.95 billion) of government debt in Hong Kong in coming months, the state news agency Xinhua quoted the Finance Ministry as saying on Monday. The Chinese central government has sold 96 billion yuan worth of debt as of the end of July, Xinhua said. Copyright Reuters, 2014 ...
As Fed debates rate path, focus on jobs data JACKSON HOLE: The Federal Reserve's intensive focus on a wide range of labor market data to guide policy-making is driving a wedge between its core decision-makers and others who feel the central bank is straying from traditional guideposts.In a speech here on Friday, Fed Chair Janet Yellen gave her most detailed analysis yet of what still plagues the American labor market five years after the recession, from stagnant wages to the large number of part-time ...
JGBs bounce but gains limited before Jackson Hole TOKYO: Japanese government bonds rose on Friday as overnight US Treasury gains helped the market rebound, although caution around the annual gathering of central bankers in Jackson Hole, Wyoming, kept a lid on prices.In particular focus was a speech by Federal Reserve Chair Janet Yellen at Jackson Hole later in the session, which will be studied for any fresh signals about the timing of US monetary policy measures. "Some short-term players are buying back after ...
Mauritius 182-day Treasury bills yield falls to 0.92pc PORT LOUIS: The weighted average yield on Mauritius' 182-day Treasury bills fell to 0.92 percent at an auction on Friday from 1.75 percent at the previous sale on July 25, the central bank said. The Bank of Mauritius or central bank said it sold all the 500 million rupees ($16.28 million) worth of debt on offer. It received bids worth 1.910 billion rupees with yields ranging from 2.0 percent to 0.92 percent. Copyright Reuters, 2014 ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 25, 2014
Reserves $13.925 bln