25
Mar
Posted by Emvertex

SINGAPORE - Smaller declines in private road transport and accommodation costs caused headline or overall inflation to go up slightly to 0.5 per cent year on year in February, up from 0.4 per cent in the previous month, data released on Monday (March 25) showed. Core inflation - which strips out private transport and accommodation costs - showed a reverse picture and came in a tad lower at 1.5 per cent last month, down from 1.7 per cent in January.…

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26
Feb
Posted by Emvertex

A growing number of non-regional [GCC] organisations are turning to Islamic Finance, and in particular to sukuk instruments, to raise funds for their infrastructure and development projects, affirms a leading UAE-based investment banking expert. The comments from Zahid Aslam, Managing Director of Investment Banking at Dalma Capital Management Limited, come as the firm reports an almost one-third jump in enquiries regarding Sharia-compliant bond issuances from corporations outside of the GCC. The news follows S&P Global Ratings predicting in January the…

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25
Feb
Posted by Emvertex

The dollar was little changed as the minutes of the fed's January meeting maintained a "dovish" tone, indicating flexibility on whether to raise interest rates and considering a possible end to its tightening soon.Despite recent optimism about the outcome of the u.s.-china trade talks, franklin said there is still some safe-haven demand for the dollar as the March 1 deadline approaches, but the fed will continue to favor a dovish tone and limit dollar moves. U.S. President Donald trump signaled…

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22
Feb
Posted by Emvertex

The latest data from estate agents, haart, has revealed that during August house prices across England and Wales fell by 1.9% and by 3.1% on the year with the average price of a home now sitting at £223,834. According to the figures, new buyer demand for homes fell by 4.5% on the month but is up 13% annually. The number of properties coming onto the market fell by 1.5% but has risen by 11.1% on the year. In August there…

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15
Feb
Posted by Emvertex

Philip Lane, the governor of the Central Bank of Ireland, has received support from the finance ministers of the eurozone to become the new chief economist of the European Central Bank. Lane was the only candidate that was proposed for the job and his position will be confirmed by the leaders of the European Union at a meeting that is scheduled to be held next month. Lane is 49 years old. He will be taking the place of Peter Praet,…

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14
Feb
Posted by Emvertex

Last year, the investment into the blossoming fintech sector of the United Kingdom broke records as the startups of the country reached a new stage in their growth journey. According to the data that was published by In novate Finance today, the private equity and venture capital investment in British fintech increased to an all-time high of $3.3 billion (£2.6 billion), an increase of 18 percent as compared to the levels recorded in 2017. Significantly, the growth in private equity…

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