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Foreign banks find fortune in crisis

Wed, 2 Jun 2010 04:40:45 +0000 | Newsvine

"There is tremendous opportunity for the foreign banks, and it makes an enormous amount of sense for them to build up their lobbying power in Washington," said Dick Bove, a financial strategist at the research firm Rochdale Securities.


Homeward-bound foreign worker killed in attack

Sun, 06 Jun 2010 20:14:12 -0400 | canoe CNEWS

A pack of roving thugs are suspected in the slaying of a homeward-bound temporary foreign worker, say police.


Rupee goes past 47 as foreign investors sell

Mon, 07 Jun 2010 19:08:00 GMT | Business Standard

The rupee lost value against dollar as foreign institutional investors (FIIs) resorted to heavy selling of shares on the stock exchanges due to worries over debt crisis in Europe. Dealers said overseas investors were cutting down their investment in Indian shares due to global factors. It is weakening sentiment towards the rupee. Being a current-account deficit country, foreign capital flows are important to offset the shortfall from trade flows.


How Foreign Aid Hurts Haitian Farmers

Fri, 11 Jun 2010 00:00:00 -0400 | NPR News Headlines

Haiti's staple food is rice. Since January's earthquake, the influx of foreign food aid has meant that many Haitians can now get rice for free. As a result, the price of rice in Haiti has plummeted.


Foreign firms may have to cut stake in insurance JVs

Sun, 13 Jun 2010 18:36:00 GMT | Business Standard

Foreign partners may have to dilute their stake in insurance joint ventures (JVs) on listing to abide by the government diktat that all listed companies must have 25 per cent public shareholding.


Foreign Policy: The Seoul Positive Outcome At G-20

Tue, 29 Jun 2010 07:38:00 -0400 | NPR News Headlines

The most striking development at the G-20 summit was the Obama administration's declaration that it intends to move forward with the Korea free trade agreement. According to Phil Levy of Foreign Policy, if the administration sees this through, it may mark a welcome return to U.S. trade leadership


Foreign lenders set lower base rates

Thu, 01 Jul 2010 18:53:29 GMT | Business Standard

Foreign lenders have opted to set their base rates at least 50-100 basis points (bps) lower than their domestic counterparts.


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