News Centre

Statement By IMF Managing Director Christine Lagarde On Greece

Date 13/12/2012

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), made the following statement today:

"I welcome the Eurogroup’s decision to support the debt buy back operation for Greece and its assurances to provide additional debt relief if necessary and provided Greece has achieved a primary budget balance in 2013. These steps will ensure that Greece’s debt-to-GDP declines to 124 percent by 2020 and to substantially below 110 percent by 2022.

ICE Recognised For Leading Role In Emissions Markets For Third Consecutive Year

Date 13/12/2012

IntercontinentalExchange (NYSE: ICE), a leading operator of global markets and clearing houses, has been recognised as the "Best Exchange - EU Emissions Trading Scheme" in the carbon emissions market for the third time by Environmental Finance and Carbon Finance Magazine in its 13th Carbon Finance Annual Market Survey.

Astro Malaysia And Felda Global Ventures Replace AirAsia And Malaysia Marine And Heavy Engineering In The FTSE Bursa Malaysia KLCI December Semi-Annual Review

Date 13/12/2012

FTSE Group (“FTSE”), the award-winning global index provider, and Bursa Malaysia Berhad (“Bursa Malaysia”) have announced that Astro Malaysia and Felda Global Ventures will replace AirAsia and Malaysia Marine and Heavy Engineering in the FTSE Bursa Malaysia KLCI following the semi-annual review of the FTSE Bursa Malaysia Index Series today. 

Eurogroup Statement On Greece

Date 13/12/2012

The Eurogroup formally approved the second disbursement under the second economic adjustment programme for Greece, following the finalisation of the relevant national procedures and after having reviewed the outcome of the debt buy back operation conducted by Greece.

UK's Financial Services Authority: Investment Banker Sentenced For Insider Dealing

Date 13/12/2012

In a case brought by the Financial Services Authority (FSA), Thomas Ammann, an investment banker and former FSA Approved Person, has today been sentenced at Southwark Crown Court to 2 years and 8 months imprisonment for two counts of insider dealing and two counts of encouraging insider dealing. But for an early guilty plea the sentence would have been one of 4 years.

SGX: No Change To STI After Quarterly Review - Three New IPOs Gained Entry To FTSE ST Small Cap Index

Date 13/12/2012

Singapore Press Holdings (SPH), Singapore Exchange Limited (SGX) and FTSE Group (FTSE) today announced the results of the first quarterly review of the FTSE ST Index Series. While there were no changes to the STI constituents, three new IPOs - Courts Asia, Geo Energy Resources and Religare Health Trust, listed in October 2012, gained entry into FTSE ST Small Cap Index.

Thai Bourse Announces SET Indices Semi-Annual Review

Date 13/12/2012

The Stock Exchange of Thailand’s (SET) announces the result of the semi-annual index review for SET50, SET100, and SETHD indices for the first half of 2013 (January 1 – June 30, 2013), SET Group Head, Products Business & Development Kesara Manchusree said.

Council Of The European Union: Economic And Financial Affairs Council Meeting (Provisional Version) - Brussels, 12 December 2012

Date 13/12/2012

The Council set out its position on proposals aimed at establishing a single supervisory mechanism (SSM) for the oversight of banks.

EURO STOXX 50 Daily Leverage 3 And Daily Short 3 Indices Licensed To Boost - Indices To Underlie Two Exchange-Traded Products For The First Time

Date 13/12/2012

STOXX Limited, the market-moving provider of innovative, tradable and global index concepts, today announced that the EURO STOXX 50 Daily Leverage 3 and EURO STOXX 50 Daily Short 3 indices have been licensed to Boost ETP LLP to serve as the underlying for two exchange-traded products (ETPs). The Boost EURO STOXX 50 3x Leverage Daily ETP and Boost EURO STOXX 50 3x Short Daily ETP will be listed on London Stock Exchange today.

ECB President Mario Draghi Welcomes The Agreement On The SSM

Date 13/12/2012

Mario Draghi, President of the European Central Bank (ECB), welcomes the agreement on the Single Supervisory Mechanism (SSM) reached by the ECOFIN in unanimity.