MANILA, July 5 (Reuters) - The Philippine government's outstanding debt is expected to rise 4.7 percent next year from this year's projected level due to an increase in maturing obligations, Department of Finance data showed.
MANILA, July 5 (Reuters) - The Philippine government's outstanding debt is expected to rise 4.7 percent next year from this year's projected level due to an increase in maturing obligations, Department of Finance data showed.
RIYADH (AFP) - - Japanese giant Nomura said on Sunday it had launched investment banking operations in Saudi Arabia, becoming the first Asian securities firm to break into the lucrative, rapidly growing market.
MILAN, July 5 (Reuters) - Italian vehicle maker Fiat SpA <FIA.MI> will sign a strategic alliance with China's Guangzhou Automobile Industry Group in Rome on Monday, Il Sole 24 Ore newspaper said on Sunday.
BEIJING, July 5 (Reuters) - The Bank of China (BOC) <3988.HK> <601988.SS> will launch a scheme on Monday to allow bilateral trade with Hong Kong to be settled in yuan <CNY=CFXS>, Xinhua news agency reported on Sunday, citing an official at the bank.
SYDNEY, July 6 (Reuters) - A private gauge of Australian inflation on Monday showed a pick-up in June led by increases in petrol prices, but the annual pace of inflation still dipped to the lowest in nearly seven years.
JERUSALEM, July 5 (Reuters) - Israel's cabinet approved a draft of a law on Sunday that would overhaul monetary policy and other decision-making by the Bank of Israel, the finance ministry said.
* Recommends IPO instead of piecemeal sale of units
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