World Bank News
-
Updated 1 hour, 48 minutes ago
Exchange-traded derivatives changed hands more than 24 billion times last year, with trading fueled by concern that the global economy was weakening.
-
Investors in the biggest state- controlled companies are being punished with the lowest valuations in six years by emerging-market leaders putting public services ahead of shareholder profits as economies slow.
-
China’s economic growth will probably be slower than the World Bank estimates, Dow Jones reported, citing Bert Hofman, the Washington-based lender’s chief economist for East Asia and Pacific.
-
Afghanistan will start accepting investor offers next week to explore for at least 600 million barrels of crude oil in the western half of the Afghan-Tajik Basin, the country’s mining minister said.
-
Asian Development Bank sold A$500 million ($540 million) of 10-year kangaroo bonds in its first offering of the securities in nine months.
-
The International Finance Corp. is adding $2 billion in financing to help buy food and energy in poor countries hit by rapid price volatility.
-
Croatia’s investment climate can be “hostile” to foreign investors, U.S. Ambassador James Foley said, citing high labor costs and slow bureaucracy among the biggest obstacles to capital inflows.
-
The Asian Development Bank is preparing to fund projects in Myanmar after 25 years, joining other multilateral agencies and governments entering the nation as the former military dictatorship accelerates reforms.
-
The World Bank said today that the number of people living on less than $1.25 a day declined between 2005 and 2008.
-
The $10 trillion market for U.S. Treasuries is signaling that the economic recovery may be poised to weaken even as consumer confidence rises toward pre-recession levels.
|
|
Most Popular on Bloomberg
|
| |