TEHRAN (FNA)- Governor of the Central Bank of Iran (CBI) Mahmoud Bahmani rejected reports that a Japanese bank has frozen transactions with the Iranian banks. Bahmani's remarks came after the Bank of Tokyo-Mitsubishi UFJ said Friday that it has lifted the freezing of payment transactions with Iranian banks outside of the US after a federal court nullified an order to freeze the assets. Earlier this month, Japan's biggest bank froze its transactions with

12 : 38 PM - 27/05/2012 Riyadh: May 27 - (BNA) The Arabian Gulf University's economics professor Dr. Mohammed Khairi Al-Sheikh, conducted an analytical study in which he concluded that financial integration between the GCC-member states boosts all GCC markets' efficiency and capability under uniform rules for listing of shares, bonds, securities and units of investment funds. Dr. Mohammed Khairi's study revealed that after formation of a monetary and

Tweet Share this Email Print Related News Euro slides again vs. dollar on fears of spreading debt crisis Fri, May 25 2012 Europe slowdown adds more tension to Greek drama Fri, May 25 2012 Analysis: Greeks not alone in bank savings exodus Fri, May 25 2012 Euro just above 2-year low vs.

Nona WaliaNona Walia, TNN | May 27, 2012, 12.35PM IST | | | | | | | | | | | | | In search of an MBA in Fatherhood The young, new Indian father is ready to single-handedly tackle his stubborn infant, and is going about his mission after arming himself with extensive, credible research, finds Nona Walia. Young Indian writer Tuhin Sinha sits before his laptop, narrowing his eyes in a spell of focus as he reads an update on how to give his newborn son

By Silvia Aloisi PARMA, Italy (Reuters) - Federico Pizzarotti was an unknown, 38-year-old computer technician at a bank until a few weeks ago. Just four days after being elected the mayor of Parma, he has become the most-watched political figure in Italy. Pizzarotti's leap to fame comes thanks to the grassroots Five-Star Movement, led by comedian Beppe Grillo, which dealt a stunning blow to the parties that have governed Italy for the past two decades in this month's

DUBAI(Reuters): Bahrain's Gulf International Bank has set up a RM3.5bil (US$1.11bil) programme for potential sale of Islamic bonds, the company said on Sunday, as the lender seeks to diversify its funding sources. Standard Chartered and Malaysia's CIMB Investment Bank are lead arrangers on the medium-term notes programme, while GIB Capital is the international coordinator. "The sukuk programme represents a strategic move to tap into the ringgit

Billionaire tycoon Sir Richard Branson has criticised the Government for failing to promote economic growth. Sir Richard Branson said the Government needed to provide 'action to back the rhetoric' Photo: AFP By Telegraph staff and agencies 9:36AM BST 27 May 2012 Comments The Virgin founder, who backed the Tories in the run-up to the 2010 general election, was one of several senior business figures who told the Observer

BEIJING (Reuters): China will give private capital the same entry standards to the banking industry as other capital, state media said on Sunday, as the government makes its hardest push in a decade to court private investors by welcoming them into a handful of sectors. Private companies would be allowed to buy into banks through private stock placements, new share subscriptions, equity transfers, mergers and

May 27, 2012, 12.20PM IST NEW DELHI: A higher interest rate of up to 7 per cent on savings bank deposits seems to be helping small new-generation banks like Yes Bank, IndusInd Bank and Kotak Mahindra Bank expand their market share at the cost of the old public sector banks. The data suggest that small new-generation banks have seen their incremental savings account deposit market share grow four-fold from 1 per

There was no sense of justice - Frendo Dom Mintoff could have saved the National Bank from the trouble it faced in the early 1970s but resorted to threats to take it over instead, according to unpublished research by history professor Henry Frendo. Mintoff would be caressing you in one hand and sticking the dagger in your back with the other Two decades ago, Bank of Valletta commissioned Prof.