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Markets » Libor

Croatian president, rival head for run-off after tight contest
Libor

Croatian president, rival head for run-off after tight contest

Croatia's President Ivo Josipovic and his conservative rival on Sunday headed for a January run-off following a tight first round vote in a country battling a severe economic crisis. Centre-left incumbent Josipovic and his main challenger Kolinda Grabar-K
Published 29 Dec, 2014 12:00am
Japanese investment in Pakistan
Libor

Japanese investment in Pakistan

Japan has remained a cornerstone of Pakistan's economy for the past many years. Japanese Companies have invested in all sectors across Pakistan. Be it auto, trading, manufacturing, infrastructure development, packaging, steel manufacturing, indenting, etc
Published 23 Dec, 2014 12:00am
UK to extend Libor manipulation laws
Libor

UK to extend Libor manipulation laws

Britain will widen the scope of laws which make the manipulation of market benchmarks a criminal offence to include seven more rates covering the currency, gold, oil and silver markets by April 1, the government said on Monday. The move is the latest by t
Published 23 Dec, 2014 12:00am
Relevance of ADB under threat?
Libor

Relevance of ADB under threat?

China has spearheaded a move to launch a multilateral bank - Asian Infrastructure Investment Bank (AIIB) - amidst much US-led Western opposition. The President of the Asian Development Bank (ADB) legitimately concerned that AIIB may compromise the relevan
Published 22 Dec, 2014 12:00am
Swiss central bank introduces negative interest rate
Libor

Swiss central bank introduces negative interest rate

Switzerland's central bank said Thursday it would introduce negative interest rates for the first time in decades to stop the franc getting any stronger, after the Russian ruble crisis sent investors scurrying to the safe haven currency. The Swiss Nationa
Published 19 Dec, 2014 12:00am
HSBC dismisses London forex chief
Libor

HSBC dismisses London forex chief

HSBC has dismissed its London-based European head of currency trading, a source close to the matter said Wednesday, one month after the bank was fined for foreign exchange market rigging. Stuart Scott, HSBC's head of currency trading for Europe, Middle Ea
Published 11 Dec, 2014 12:00am