News Centre

European Commission: Remarks By Vice President Rehn On Cyprus

Date 23/03/2013

Available also as video footage on EbS and EbS+

http://ec.europa.eu/avservices/ebs/schedule.cfm

“The European Commission is working hard to facilitate a solution to help Cyprus.

We recognise the progress now being made by the Cypriot government towards a solution which can pave the way for an agreement on a financial assistance programme for Cyprus. Intensive work and contacts will continue in the coming hours.

Republic Of Cyprus: Statements By The Minister Of Finance, Mr Michalis Sarris

Date 23/03/2013

The Minister of Finance, Mr Michalis Sarris, made today the following statement to foreign Media, at the Ministry of Finance, where the Cypriot authorities had a meeting with the Troika. 

Cyprus Stock Exchange: No Sessions On March 25 And 29 And April 1

Date 23/03/2013

The Cyprus Stock Exchange would like to inform the investing public that following the holidays set by the Target / Target 2, Trans-European, Automated, Real-time Gross Settlement Express Transfer System, on Friday, March 29, 2013 and Monday, April 1, 2013, the dates on which the Catholic Easter is celebrated, there will be no trading sessions and clearing / settlement of stock exchange transactions. In addition, it is noted that since Monday, March 25 and April 1, 2013 are public holidays, the CSE will be closed.

Nigerian Stock Exchange Market Report For The Week Ended 22-03-2013

Date 23/03/2013

A turnover of 1.561 billion shares worth N16.636 billion in 25,255 deals were transacted this week on the floor of The Exchange in contrast to a total of 2.550 billion shares valued at N21.694 billion that exchanged hands last week in 29,335 deals. The Financial Services sector accounted for 1.211 billion shares valued at N11.312 billion exchanged hands by investors in 15,414 deals.

Fitch Places United Kingdom On Rating Watch Negative

Date 22/03/2013

Fitch Ratings has placed the United Kingdom's (UK) 'AAA' Long-term Issuer Default Ratings (IDR) on Rating Watch Negative (RWN) indicating a heightened probability of a downgrade in the near term. Fitch expects to complete its review of the UK's sovereign ratings by the end of April. The UK's Short-term IDR of 'F1+' and Country Ceiling of 'AAA' are unaffected.

CalPERS Board Member Henry Jones Appointed To Pacific Pension Institute Board

Date 22/03/2013

The California Public Employees’ Retirement System (CalPERS) today announced that Board Member Henry Jones has joined the Board of the Pacific Pension Institute (PPI). Jones began his two-year term on February 27 and will replace Joe Dear, CalPERS Chief Investment Officer, on the PPI Board.

Announcement By The Presidency Of The Republic Of Cyprus

Date 22/03/2013

During a communication today between the President of the Republic, Mr Nicos Anastasiades, and the Prime Minister of Greece, Mr Antonis Samaras, the regulation of the matter of alienating Greek branches of Cyprus banks was confirmed, with the most beneficial terms under the circumstances and with an important benefit for the Cypriot side.

CalPERS Announces First Partnership Under Multi-Asset Class Partners Program - Standard Life Investments Will Manage $500 Million In New Fund

Date 22/03/2013

The California Public Employees’ Retirement System (CalPERS) is investing $500M with Edinburgh, Scotland-based Standard Life Investments as part of its Multi-Asset Class (MAC) Partners Program.

BATS 1000 Index Slips 0.3% This Week

Date 22/03/2013

BATS Global Markets, a leading operator of securities markets in the U.S. and Europe, reports the BATS 1000® Index (Ticker: BATSK) fell 58.31 points, or 0.3%, this week to close at 17,603.43 as ofthe 4 p.m. ET market close today. 

CFTC Announces Procedures For Submission Of Risk Exposure Reports And Chief Compliance Officer Annual Reports By Swap Dealers And Major Swap Participants

Date 22/03/2013

The Commodity Futures Trading Commission (CFTC) today announced the procedures to be used by swap dealers and major swap participants for submitting Risk Exposure Reports and Chief Compliance Officer Annual Reports.