Sunday, March 31, 2013

Investors wary of "slow panic" on growth after Cyprus rescue

LONDON (Reuters) - World markets have reacted calmly to the twists and turns of Cyprus's financial rescue in the last fortnight but many investors fear the economic fallout is yet to come.

Saturday, March 30, 2013

UK has already returned to growth, says OECD

Triple-dip recession fears eased as a leading economic forecaster said the UK has already returned to growth, while officials reported the dominant services sector has expanded at its strongest pace in five months.

Friday, March 29, 2013

Cyprus Immunity Shows Libor Still Broken Rate: U.K. Credit

Libor ignored the crisis in Cyprus that’s roiling financial markets, showing the global benchmark for $300 trillion of securities remains divorced from reality six months after regulators laid out a plan to fix it.

Thursday, March 28, 2013

Egypt to apply gains tax in QNB bid for NSGB

CAIRO (Reuters) - Shareholders and investment funds that make capital gains from Qatar National Bank's (QNB) bid for Cairo-based National Societe Generale Bank (NSGB) will face a 10 percent tax, Egypt's tax authority said on Tuesday.

Wednesday, March 27, 2013

Arab League summit showcases Qatar's swagger

DOHA, Qatar (AP) — Qatar's emir looked over an assembly of Arab leaders Tuesday as both cordial host and impatient taskmaster.