BOE's Forbes hints rates could rise sooner than expected -WSJ

Real Estate News - Sun, 2015-01-25 21:24
Jan 25 (Reuters) - Interest rates in Britain may need to start rising sooner than many expectations, Kristin Forbes, a member of the Bank of England's Monetary Policy Committee, said in an interview...
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Reinsurers Axis Capital, PartnerRe to merge in $11 billion deal

Real Estate News - Sun, 2015-01-25 21:10
Jan 25 (Reuters) - Axis Capital Holdings Ltd and PartnerRe Ltd have agreed to an $11 billion merger to create one of the world's largest reinsurers, PartnerRe said on Sunday.
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UPDATE 2-"We have a deal" - insurance may unlock India-U.S. atomic trade

Real Estate News - Sun, 2015-01-25 19:39
NEW DELHI, Jan 25 (Reuters) - Prime Minister Narendra Modi and U.S. President Barack Obama unveiled a plan centered on insurance on Sunday that they hope will convince U.S. companies to build nuclear...
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UPDATE 7-Greek leftist leader Tsipras claims victory over austerity

Real Estate News - Sun, 2015-01-25 18:51
* Syriza victory would be turning point in euro zone crisis (Updates with fresh quotes from party leaders, details)
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India turns to corner shops, mobile phones for banking revolution

Real Estate News - Sun, 2015-01-25 17:00
NEW DELHI/MUMBAI, Jan 26 (Reuters) - India is betting that mobile phone vendors, fuel stations and corner stores can help it put basic banking within the grasp of hundreds of millions of its poor...
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UPDATE 1-Bundesbank's Weidmann: It's in interest of Greek govt to do reforms

Real Estate News - Sun, 2015-01-25 14:48
BERLIN, Jan 25 (Reuters) - Bundesbank President Jens Weidmann said Greece, where an anti-bailout party looks set to win a snap election, would continue to need aid and would only get this by sticking...
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Fines, reforms force Deutsche Bank to face tough strategy choices

Real Estate News - Sun, 2015-01-25 12:33
FRANKFURT, Jan 25 (Reuters) - Deutsche Bank will remember Thursday, Jan. 8 as the start of "Duesselgate", a nickname born not of wrongdoing, but from the shockwaves sent by a speech given in...
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Credit Suisse considering cost-saving measures after franc's rise -paper

Real Estate News - Sun, 2015-01-25 08:58
ZURICH, Jan 25 (Reuters) - Swiss bank Credit Suisse is considering a cost-savings package in response to the recent appreciation of Switzerland's currency, a Swiss newspaper reported on Sunday.
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Italy economy minister eyes "bad bank" to clean up risky loans

Real Estate News - Sun, 2015-01-25 08:15
ROME, Jan 25 (Reuters) - Italy is considering setting up a state-backed "bad bank" to help clean up its banking sector, Economy Minister Pier Carlo Padoan said in a newspaper interview on...
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MIDEAST STOCKS-Abu Dhabi, Qatar rise; property stocks weigh on Dubai

Real Estate News - Sun, 2015-01-25 08:07
* European Central Bank easing boosts global emerging markets
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Retreat of Russian shoppers fails to dent Dubai retailers

Real Estate News - Sun, 2015-01-25 07:00
DUBAI, Jan 25 (Reuters) - Russian shoppers caught in a currency crunch are staying away from the Dubai Shopping Festival (DSF) this year, but visitors from elsewhere look set to make up the numbers...
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ECB's Mersch calls for European capital markets union

Real Estate News - Sun, 2015-01-25 06:45
FRANKFURT, Jan 25 (Reuters) - European Central Bank policymaker Yves Mersch called on Sunday for the euro zone to pursue deeper integration, including a capital markets union that would enable a...
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Should the euro zone really fear demon deflation?

Real Estate News - Sun, 2015-01-25 05:00
* Euro zone inflation negative in Dec for first time in 5 years
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Got a spare billion? Investment bankers are keen to help

Real Estate News - Sun, 2015-01-25 04:45
LONDON, Jan 25 (Reuters) - The growing ranks of the super rich and their increased appetite for risk have caught the eye of investment bankers.
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Greek leftists Syriza aim for historic election win

Real Estate News - Sat, 2015-01-24 20:00
ATHENS, Jan 25 (Reuters) - Greeks vote on Sunday in a historic election expected to bring in a government led by the leftwing Syriza party, which has promised to take on international lenders and...
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UPDATE 1-After wave of QE, onus shifts to leaders to boost economy

Real Estate News - Sat, 2015-01-24 11:46
* Coeure says low growth threatens Europe's political foundations
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BOJ's Kuroda sees Japan growth of 2 pct in fiscal 2015

Real Estate News - Sat, 2015-01-24 09:59
DAVOS, Switzerland, Jan 24 (Reuters) - The Japanese economy will grow by around 2 percent in fiscal 2015, Bank of Japan Governor Haruhiko Kuroda said on Saturday at a panel discussion at the World...
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Political foundation of euro project has been weakened - ECB's Coeure

Real Estate News - Sat, 2015-01-24 09:47
DAVOS, Switzerland, Jan 24 (Reuters) - Weak growth and high unemployment are weakening Europe's single currency project and it is up to politicians to act following the decision by the ECB this week...
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Italy cheers ECB bond buying plan, sees big boost to economy

Real Estate News - Sat, 2015-01-24 09:26
ROME, Jan 24 (Reuters) - The European Central Bank's bond buying programme will give a decisive boost to Italy's stagnant economy, business lobby Confindustria said on Saturday, while the Bank of...
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UPDATE 1-Falling oil prices prompt Pakistan central bank to cut rates

Real Estate News - Sat, 2015-01-24 09:18
ISLAMABAD, Jan 24 (Reuters) - Pakistan's central bank cut its key discount rate to 8.5 percent from 9.5 percent on Saturday, in line with analyst expectations and citing lower inflationary pressure...
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