Tag Archives: exchange

Breakingviews – The Exchange: Italy’s finance boss

(Reuters Breakingviews) – Pier Carlo Padoan, who has run Rome’s Ministry of Economy and Finance for the past four years and under its last two prime ministers, says Italy must continue economic reforms no matter who wins elections in March. Padoan also predicts no “Italian surprise” at the polls. Italy’s Finance Minister Pier Carlo Padoan attends a news conference at ... Read More »

Coal India Considering Listing On London Stock Exchange

New Delhi: Coal India Ltd, the world’s largest coal miner, is considering a listing on the London Stock Exchange and has had early discussions with the LSE, three sources with direct knowledge of the matter said on Thursday. A listing by the state-controlled miner would be a boost for the LSE as it looks to attract companies following Britain’s vote ... Read More »

BSE IPO: Issue size estimated at Rs. 1,200 to Rs. 1300 crore; Asia’s oldest stock exchange files documents with Sebi

The Bombay Stock Exchange (BSE) on Friday filed documents with capital markets regulator Securities and Exchange Board of India (Sebi) for its upcoming initial public offering (IPO). Shareholders of the BSE will be partially selling their stake via the offer for sale (OFS) route for a sum in the range of Rs. 1,200 to Rs. 1,300 crore. The 141-year-old stock ... Read More »

India’s foreign exchange reserves at record high of $367.76 billion

Aided by a sharp rise in foreign currency assets (FCAs), India’s foreign exchange reserves rose $989.5 million to hit a new high of $367.76 billion for the week ended Sept. 2. The reserves had declined for the preceding reporting week ended Aug. 26. FCAs, which form the largest component of the country’s foreign exchange reserves, increased $952.2 million, according to ... Read More »

German resistance grows to London Stock Exchange merger

The London Stock Exchange’s merger with Deutsche Boerse is coming under fire in Germany, with politicians and industry veterans speaking out against the deal amid fears that Frankfurt’s status as a financial hub will be eroded. As both exchanges canvass investors about their £21bn merger, the decision to move the combined group’s headquarters to London while giving the German bourse’s ... Read More »

U.S. urges China to keep moving to a market-oriented exchange rate

U.S. Treasury Secretary Jack Lew said on Sunday that it was critical for China to continue moving toward a more market-oriented exchange rate and clearly communicate its actions to the market. Lew made the remarks during a meeting with Chinese Vice Premier Wang Yang in Beijing, following the G20 finance ministers’ summit in Shanghai. “As the global economy faces many ... Read More »