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Offshore News
Offshore News blog posts all the latest news on the Offshore Banking world, including Offshore Finance, Offshore Credit Cards, Offshore Merchant Accounts, Companies and Investments.
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Australia's NAB may sell British banks (Tiscali)
SYDNEY (Reuters) - National Australia Bank (NAB), Australia's top bank, could be looking at selling its British banks amid investor unhappiness about lower returns from the businesses, the Sunday Times newspaper said on its Website.
Rupee Has Weekly Loss as Funds Pare Holdings, India Cuts Rates (Bloomberg)
Jan. 2 (Bloomberg) -- India’s rupee had a second weekly loss as overseas investors pared holdings of local equities. The currency dropped to a one-week low as data from the capital markets regulator showed funds based abroad sold more Indian stocks than they bought during eight of the 10 trading days ended Dec. 31. The central bank today cut interest rates for the fourth time in less than three ...
Investment Banking (New York Times)
Many corporate programs employ microloans, grants or gifts to promote business education for women in emerging markets. But Goldman Sachs , the big Wall Street firm, decided to take a different approach.
The currency dropped to a one-week low as SEBI data showed that foreign funds have sold more Indian stocks than they ... (India Infoline)
Rupee had a second weekly loss as FIIs sold local stocks more than buying.
Azerbaijan—Aide Mémoire for the 2008 IMF Staff Visit Discussions 1 , December 10-17, 2008, Baku (IMF)
Against the background of the ongoing global financial turmoil and incipient recession, the mission discussed with the authorities economic developments in Azerbaijan during 2008, the 2009 budget, and the short-term outlook and policy responses to the impact of the crisis on the domestic economy.
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