News Centre

IMF Reaches Staff-Level Agreement With Cyprus On A €1 Billion Extended Fund Facility Arrangement

Date 03/04/2013

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

“A staff team of the International Monetary Fund has reached staff level agreement with the Cypriot authorities on an economic program that will be supported by the IMF jointly with the European Union and the European Central Bank. A combined financing package of €10 billion (about US$13 billion) is designed to help Cyprus cover its financing needs, including to service debt obligations, while it implements the policies needed to restore the health of the economy and regain access to capital market financing.

Statement On Cyprus By Olli Rehn European Commission Vice-President And Christine Lagarde, Managing Director Of The International Monetary Fund

Date 03/04/2013

The Cypriot authorities have put forward a multi-annual reform programme to address the economic challenges facing the country. Its goals are to stabilize the financial system and achieve fiscal sustainability in order to lay the foundations for a recovery of economic activity and the growth potential that will preserve the longer-term prosperity of the population.

Indian Energy Exchange Enters Into International Tie-Up With The European Power Exchange (EPEX SPOT)

Date 03/04/2013

The Indian Energy Exchange (IEX), India’s No.1 Energy Exchange has entered into a Memorandum of Understanding (MoU) with the European Power Exchange (EPEX SPOT) on 16 February, 2013. EPEX SPOT is the marketplace for short-term power trading in France, Germany, Austria and Switzerland. Under the proposed tie-up, both companies will work closely together on identifying opportunities that aim at enhancing information and knowledge sharing on the development of electricity trading through competitive market platforms. IEX and EPEX SPOT will also share experience of electricity market operations, explore market development opportunities and identify training opportunities for IEX personnel as well as for the market participants in the form of direct training or joint training programs in India and neighboring countries.

CJSC MICEX Stock Exchange: Results Of Auction For Placement Of The Russian Federation Government Bonds, Issue No26211RMFS

Date 03/04/2013

On April 3, 2013 the auction for placement of the Russian Federation government bonds, issue No 26207 RMFS, took place in the CJSC MICEX Stock Exchange.

Thai Bourse Adds “XB” As A Supervisory Sign

Date 03/04/2013

The Stock Exchange of Thailand (SET) announces that it will add a supervisory sign, “XB” (excluding other benefits), to inform investors that buying a stock carrying the XB sign will not be entitled to receive some benefits, effective from May 2, 2013, said SET Senior Vice President and Head of Market Operations, Chanisa Chutipat.

Notice Of Releasing “Shanghai Stock Exchange Measures On Management Of Raised Funds Of Listed Companies (Revised In 2013)”

Date 03/04/2013

The Shanghai Stock Exchange (SSE) has amended the “SSE Measures on Management of Raised Funds of Listed Companies” (the “Measures”) according to the “No. 2 Regulatory Guidelines of Listed Companies: Regulatory Requirements for Management and Use of Listed Companies’ Raised Funds” (CSRC Announcement [2012] No. 44 Document) promulgated by the China Securities Regulatory Commission (CSRC), in a bid to further standardize the use and management of listed companies’ raised funds, elevate the efficiency of using raised funds, and protect legal rights and interest of investors. The SSE hereby releases the amended “Measures”, which shall be put into effect as of the release day, and all listed companies are expected to abide by it.

Malawi Stock Exchange First Quarter Market Performance Report 2013

Date 03/04/2013

Please click here to download the MSE first quarter market performance report 2013.

SGX: Flourishing Growth Of China A-Share Access Products

Date 03/04/2013

The marketplace for China A-Share products is flourishing, with demand from the Asian region experiencing strong growth. In the three months since December 2012, six new China A-Share funds were launched in key Asian markets including Korea, Japan and Hong Kong.

S&P Capital IQ Completes Initiative To Expand European And US Private Company Data

Date 03/04/2013

S&P Capital IQ, a leading provider of multi-asset class research, data and analytics, today announced the completion of an initiative to expand its fundamental dataset to include over 3,000,000 privately-held businesses with over 500,000 of those with detailed financials in Southern Europe, the Nordics, Germany, Austria, France, the UK and the US.

Revision Note On “Shanghai Stock Exchange Provisions On Management Of Raised Funds Of Listed Companies”

Date 03/04/2013

To further standardize the management and utilization of funds raised by the companies listed on the Shanghai Stock Exchange (SSE), improve the usage efficiency of the raised funds and protect the legitimate rights and interests of the investors, the SSE has revised the “SSE Provisions on Management of Raised Funds of Listed Companies” (the "Provisions") and formulated the “SSE Measures on Management of Raised Funds of Listed Companies (Revised in 2013)” (the “Measures”).