Business News

Philippine gov't debt seen 4.7 pct up next year

Reuters - Sunday, July 5

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.

Asia

Add Category Asia to My Yahoo! RSS
  • Nomura breaks into Saudi investment banking market

    Nomura breaks into Saudi investment banking market

    AFP - Monday, July 6

    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.

  • Fiat to sign Chinese car alliance on Monday-paper

    Reuters - Monday, July 6

    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.

  • Bank of China to launch HK yuan settlement Monday

    Reuters - Monday, July 6

    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.

Business World

Add Category Business World to My Yahoo! RSS