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Tag Archives: investors

ME Bank bans interest-only loans, investors

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CANBERRA: ME Bank, which is owned by 29 industry funds, is the latest bank to ban some investors and interest-only borrowers as lenders’ respond to growing regulatory pressure and changing market conditions. It follows Citigroup’s decision to clampdown on interest only loans for overseas borrowers, those reliant on overseas income or needing approval by the Foreign Investment Review Board. Other ... Read More »

Investors sue OW Bunker for $120m

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ATHENS: Danes who invested in OW Bunker’s initial public offering (IPO) are suing the now-defunct bunker supplier for DOK 800m ($120m). OW Bunker applied for bankruptcy in November 2014, just eight months after listing, having been valued at $1bn. Some 27 institutions are suing the company, led by two of Denmark’s largest pension funds, ATP and PFA, according to Reuters ... Read More »

Investors sue OW Bunker for $120m

ow bunker

ATHENS: Danes who invested in OW Bunker’s initial public offering (IPO) are suing the now-defunct bunker supplier for DOK 800m ($120m). OW Bunker applied for bankruptcy in November 2014, just eight months after listing, having been valued at $1bn. Some 27 institutions are suing the company, led by two of Denmark’s largest pension funds, ATP and PFA, according to Reuters ... Read More »

Half of investors see Greece quitting euro zone in 2016

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ATHENS: Half of investors surveyed by Germany’s Sentix research group expect Greece to leave the euro zone in the coming months, up from 41 percent at the end of May, Sentix said. “It surprises that, given the latest deadlock, the number of these market participants is not much higher,” said Sebastian Wanke, senior analyst at Sentix. The survey of 1,020 ... Read More »

Half of investors see Greece quitting euro zone in 2016

greece3

ATHENS: Half of investors surveyed by Germany’s Sentix research group expect Greece to leave the euro zone in the coming months, up from 41 percent at the end of May, Sentix said. “It surprises that, given the latest deadlock, the number of these market participants is not much higher,” said Sebastian Wanke, senior analyst at Sentix. The survey of 1,020 ... Read More »

Non-residents remains net buyers of 28.2 billion pounds of gilts in UK

investment analysis

LONDON: U.K. government bonds were given a boost after a report showed foreign investors increased their holdings by the most on record in March. Non-residents were net buyers of 28.2 billion pounds ($43.2 billion) of gilts that month, the Bank of England said Friday. That’s after they cut holdings by more than 13 billion pounds in the first two months ... Read More »

Greece’s half of investors expect to leave Euro zone in next 12 months

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ATHENS: A survey by German research group Sentix showed on Tuesday that around half of investors expect Greece to leave the euro zone within the next 12 months. Sentix’s euro zone breakup index for Greece shot up to 48.3 percent in April from 35.5 percent in March, suggesting one in two investors is sceptical about pledges to keep Athens in ... Read More »

80 investors under investigation for BES insider trading

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LISBON: The chairman of the Portuguese Stock Market Regulator (CMVM), Carlos Tavares stated, that the preliminary investigations have been opened into “about 80 investors who made expressive sales” of Banco Espirito Santo (BES) shares before it collapsed. Tavares said the investigations had to do with institutional investors, mainly foreign and private investors who were mainly Portuguese, people connected to BES ... Read More »

Kenya decides about tax incentive withdrawal from foreign investors

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NAIROBI: Kenya officials decided about tax incentive withdrawal from foreign investors. The Kenya Revenue Authority (KRA) pleaded the case for the withdrawal of tax incentives offered to foreign investors in favour of improved service delivery and efficiency in the public sector. The proposal by KRA, seeking to retire a raft of existing tax incentives and concessions offered to foreign investors ... Read More »

Hungary’s Magyar Telekom decides to appease investors with dividend

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BUDAPEST: Hungary’s leading telecommunication service provider, Magyar Telekom has planned to make its investors happy by paying them dividend in 2016 after a two-year interval. However the answer is not clear yet that how much they are going to pay. The intention, however, definitely sends a message to shareholders: in view of the current operating, regulatory and taxation environment and ... Read More »

Dutch investors keen to invest in Bangladesh’s IT, logistics, business consultancy sectors

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AMSTERDAM: Dutch investors are keen on investing more in Bangladesh and eager to further extend their partnership with the country, said a foreign ministry press release. More than 50 Dutch investors in information technology, logistics, waste management, water management and business consultancy, at a seminar in The Hague, expressed enthusiasm for more investment. The Bangladesh embassy in The Hague in ... Read More »

Bilateral trade stood at $18.25b in 2014: Indonesia, Malaysia ready to enhance cooperation

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JAKARTA: The President of Indonesia and the Prime Minister of Malaysia agreed to peacefully resolve future maritime disputes and to encourage and protect investors from each other’s country here the other day. This is Indonesian President Joko Widodo’s first state visit abroad since taking office in October 2014. Relations between the two neighboring Southeast Asian nations had been slightly strained ... Read More »

Zimbabwe welcomes international investors to increase FDI

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HARARE: Ministry of Finance and Economic Development officials welcomed international investors and partners to drive the economic development agenda of the country. Zimbabwe is in desperate need of investment to stimulate economic growth. Desire Sibanda, head of Fiscal Policy and Investment Promotion in the Finance ministry told a validation workshop that there was need to realise the importance of attracting investment ... Read More »

Australia ranking among investors in large scale renewable investment drops in 2014

AUSTRALIA INVESTORS

CANBERRA: Australia ranking among investors in large scale renewable energy plummeted in 2014, dropping behind much poorer nations such as Panama, Sri Lanka and Myanmar, as confidence in the Abbott government’s policies for the sector evaporated, according to Bloomberg New Energy Finance. Investments in large-scale wind, solar and other clean energy sources dived 88 per cent in 2014 to $240 ... Read More »

Netherlands: Private equity, investor startups raised €62m in 2014   

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AMSTERDAM: Dutch start-ups raised at least €62m from private equity and investors this year Business. Dutch start-ups raised at least €62m from private equity companies and investors this year, according to research by the NRC. The bulk of the investment 62% came from Dutch investors but US and British groups have also been heavily investing in new Dutch firms, the ... Read More »

Namibia to start $223bn development plan next year

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WINDHOEK: Namibia has planned to become a regional transport hub. To accomplish this target government of Namibia has started to knock markets and big investors to implement its developmental plan of 223 billion Namibian dollars ($19 billion) in the early next year. The southwest African nation’s government has said it will finance 73 billion Namibian dollars of the budget and ... Read More »

 Brokers interest: SECP inconsistency raises eyebrows

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KARACHI: Inconsistency in the policies of the Exchange Commission of Pakistan has been undermining interest investors at stock market and shattering their confidence. The broker expressed deep concern over the situation and demanded the Securities and Exchange Commission of Pakistan should bring in consistency to its policies. According to KSE Brokers Association, at a recent book building process for initial ... Read More »

Cheering KSE consolidates gains to 314pt, 1%; eyes 32,000 points

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KARACHI: Stocks cheered up at the falling commodities prices, especially POL price and lowest inflation rate as benchmark KSE 100-index gained 314.12 points or 1 percent to climb up to 31,613.84 points till midday trading on Tuesday. The Karachi Stock Exchange benchmark KSE 100-index appeared buoyant and set the pace to cross the 32,000 level. The bull-run helped the market ... Read More »

Protecting shareholders at KSE

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According to newspaper reports, the Securities and Exchange Commission of Pakistan (SECP) has started taking action against the companies which have failed to fulfill legal requirements.The commission has already completed proceedings against chief executives, directors and auditors of various companies for violating the rules during the last two months. The proceedings have also been initiated against the companies for not ... Read More »

Expansion of investor base must for capital market growth: KSE MD

KARACHI: Karachi Stock Exchange (KSE) Managing Director (MD) Nadeem Naqvi has said that there is a need to expand investors’ base for the growth of capital market in the country. Talking to Customs Today, he said that “the single most important thing is expansion of the investors’ base which stands at just around 250,000 since 1948.” He said that this ... Read More »