No sign of financial regulation

Far-reaching regulations are necessary for introducing transparency to the operations of investment banks and funds. But despite this, no regulations have been drawn up, writes Julio Godoy.

More than three years after the start of the financial crisis that brought the world econ...

Vote on UN report on Gaza deferred

Motion on endorsing UN report on Gaza war postponed in Geneva in bid for consensus.

Hungary makes another 50 bps cut

September 30, 2009 Fully in line with the consensus expectation and our expectation, the ...

Domestic coking coal price hikes hit upper-end of consensus

Thursday, October 1, 2009 Event: According to Interfax, Belon has increased 4Q09 domestic coking ...

The week’s top news in world financial markets from Maximus Capital

USA The ISM manufacturing index came in last week well above consensus, and the details of the report are very encouraging. For example, the new orders index rose to 64.9 in August, the highest level since December 2004. The gap between new orders and inventories widened to its highest level ...

The week’s top news in world financial markets from Maximus Capital

USA The trade deficit widened to $32bn in July from $27.5bn in June, a much wider deficit than the consensus forecast had expected. This means trade is likely to turn to a drag on GDP growth in Q3 09. However, the July data reflected rebounding demand in imports and exports of highly cyclical...

Russian consumer prices remain unchanged in the first half of September -

September 17, 2009 August PPI in line with consensus, sees base effect wane - inflationary ...

Gazprom Neft 2Q09 US GAAP review: improvements, but debt increases

September 10, 2009 Bottom line exceeds consensus thanks to Sibir Energy deal. Yesterday, Gazprom ...

Maximus Capital week news in financial markets from August 31 till September 4

The ISM manufacturing index that came in last week (August 31-September 4) was well above consensus, and the details of the report were very encouraging. The ECB has signaled in its latest press conference that it continues to be wary about the euro area’s economic prospects. Last week we pointe...

Integra: 2Q09 IFRS review: minimize capex, generate positive FCF

September 1, 2009 Better than consensus on bottom line. Integra (INTE - Not Rated) released 1H09 ...