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24/05/2013 10:48

The volume of world trade rose at an unchanged rate in the first three months of the year, a reflection of modest growth in the global economy.
In its monthly report, the Netherlands Bureau for Economic Policy Analysis, also known as the CPB, Friday said trade volumes rose by 0.2% in March, having declined by 1.1% in February. But compared with the final three months of last year, volumes in the first quarter were up 0.7%, the same rate of expansion as in 4Q 2012.

Dow Jones Newswires

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24/05/2013 10:48

The volume of world trade rose at an unchanged rate in the first three months of the year, a reflection of modest growth in the global economy.
In its monthly report, the Netherlands Bureau for Economic Policy Analysis, also known as the CPB, Friday said trade volumes rose by 0.2% in March, having declined by 1.1% in February. But compared with the final three months of last year, volumes in the first quarter were up 0.7%, the same rate of expansion as in 4Q 2012.

Dow Jones Newswires

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24/05/2013 10:48

The volume of world trade rose at an unchanged rate in the first three months of the year, a reflection of modest growth in the global economy.
In its monthly report, the Netherlands Bureau for Economic Policy Analysis, also known as the CPB, Friday said trade volumes rose by 0.2% in March, having declined by 1.1% in February. But compared with the final three months of last year, volumes in the first quarter were up 0.7%, the same rate of expansion as in 4Q 2012.

Dow Jones Newswires

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24/05/2013 10:45

Andrew Haldane, executive director for financial stability at the Bank of England, said in an interview on CNBC that the financial system is healthier than it was three or four years ago but it is still "not out of the woods."
He added banks still aren't lending enough to the real economy and that a recent scandal at J.P. Morgan centered on a trader dubbed the London Whale shows there's a risk that big banks are "too big to manage."

Dow Jones Newswires

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24/05/2013 10:45

Andrew Haldane, executive director for financial stability at the Bank of England, said in an interview on CNBC that the financial system is healthier than it was three or four years ago but it is still "not out of the woods."
He added banks still aren't lending enough to the real economy and that a recent scandal at J.P. Morgan centered on a trader dubbed the London Whale shows there's a risk that big banks are "too big to manage."

Dow Jones Newswires

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24/05/2013 10:45

Andrew Haldane, executive director for financial stability at the Bank of England, said in an interview on CNBC that the financial system is healthier than it was three or four years ago but it is still "not out of the woods."
He added banks still aren't lending enough to the real economy and that a recent scandal at J.P. Morgan centered on a trader dubbed the London Whale shows there's a risk that big banks are "too big to manage."

Dow Jones Newswires

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24/05/2013 09:59

French President Francois Hollande Friday called for more alliances in the European defense industry to boost the region's capacity. He didn't provide details on what kind of alliances he was thinking about.
The French president was discussing a "white paper" policy document that aims at keep defense spending stable between 2014 and 2019 as part of the government's efforts to get public finances back into balance over the next years.

Dow Jones Newswires

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24/05/2013 09:59

French President Francois Hollande Friday called for more alliances in the European defense industry to boost the region's capacity. He didn't provide details on what kind of alliances he was thinking about.
The French president was discussing a "white paper" policy document that aims at keep defense spending stable between 2014 and 2019 as part of the government's efforts to get public finances back into balance over the next years.

Dow Jones Newswires

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24/05/2013 09:59

French President Francois Hollande Friday called for more alliances in the European defense industry to boost the region's capacity. He didn't provide details on what kind of alliances he was thinking about.
The French president was discussing a "white paper" policy document that aims at keep defense spending stable between 2014 and 2019 as part of the government's efforts to get public finances back into balance over the next years.

Dow Jones Newswires

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24/05/2013 04:51

Mr. Martowardojo, who began his five-year term Friday, said the bank is ready to raise interest rates, keep the rupiah's exchange rate stable and implement various prudential measures if inflationary pressure increases.
The government is planning to raise subsidized fuel prices next month to prevent ballooning energy subsidies from breaking its budget.

Dow Jones Newswires

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24/05/2013 04:51

Mr. Martowardojo, who began his five-year term Friday, said the bank is ready to raise interest rates, keep the rupiah's exchange rate stable and implement various prudential measures if inflationary pressure increases.
The government is planning to raise subsidized fuel prices next month to prevent ballooning energy subsidies from breaking its budget.

Dow Jones Newswires

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24/05/2013 04:51

Mr. Martowardojo, who began his five-year term Friday, said the bank is ready to raise interest rates, keep the rupiah's exchange rate stable and implement various prudential measures if inflationary pressure increases.
The government is planning to raise subsidized fuel prices next month to prevent ballooning energy subsidies from breaking its budget.

Dow Jones Newswires

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24/05/2013 01:35

Economic indicators suggest gradual but favorable growth in German industrial activity in the coming months, Germany's Finance Ministry said in its monthly report for May. Indicators such as industrial order intake support the ministry's forecast for better economic growth in the rest of the year following weak readings for the winter months.
"In particular, investors' caution appears to be gradually lifting," the report said. It added that the expected economic recovery means there is unlikely to be considerable price pressure at any level in the near term.

Dow Jones Newswires

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24/05/2013 01:35

Economic indicators suggest gradual but favorable growth in German industrial activity in the coming months, Germany's Finance Ministry said in its monthly report for May. Indicators such as industrial order intake support the ministry's forecast for better economic growth in the rest of the year following weak readings for the winter months.
"In particular, investors' caution appears to be gradually lifting," the report said. It added that the expected economic recovery means there is unlikely to be considerable price pressure at any level in the near term.

Dow Jones Newswires

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24/05/2013 01:35

Economic indicators suggest gradual but favorable growth in German industrial activity in the coming months, Germany's Finance Ministry said in its monthly report for May. Indicators such as industrial order intake support the ministry's forecast for better economic growth in the rest of the year following weak readings for the winter months.
"In particular, investors' caution appears to be gradually lifting," the report said. It added that the expected economic recovery means there is unlikely to be considerable price pressure at any level in the near term.

Dow Jones Newswires

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24/05/2013 00:20

Brazil's National Monetary Council authorized on Thursday an increase of the coverage of the country's FGC bank deposit guarantee fund to provide greater protection to depositors and align the country's policies with deposit guarantee practices abroad, the council said.
The increase in the size of deposits covered, to 250,000 Brazilian reais ($122,500) per depositor, from BRL70,000 previously, brings Brazil's guarantee level up to that in many other countries with economies similar to Brazil's, the Council said in a note.

Dow Jones Newswires

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24/05/2013 00:20

Brazil's National Monetary Council authorized on Thursday an increase of the coverage of the country's FGC bank deposit guarantee fund to provide greater protection to depositors and align the country's policies with deposit guarantee practices abroad, the council said.
The increase in the size of deposits covered, to 250,000 Brazilian reais ($122,500) per depositor, from BRL70,000 previously, brings Brazil's guarantee level up to that in many other countries with economies similar to Brazil's, the Council said in a note.

Dow Jones Newswires

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24/05/2013 00:20

Brazil's National Monetary Council authorized on Thursday an increase of the coverage of the country's FGC bank deposit guarantee fund to provide greater protection to depositors and align the country's policies with deposit guarantee practices abroad, the council said.
The increase in the size of deposits covered, to 250,000 Brazilian reais ($122,500) per depositor, from BRL70,000 previously, brings Brazil's guarantee level up to that in many other countries with economies similar to Brazil's, the Council said in a note.

Dow Jones Newswires

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