February 22, 2006
The decline of the Icelandic krona by 4.6 percent in relation to the US dollar on Tuesday sent a number of emerging and high-yield currencies down on Wednesday morning as investors reacted to the krona’s decline. Tuesday’s drop in the krona led Fitch to lower Iceland’s country rating to “negative” from “stable” due to its current account deficit and its rising external debt. This downgrade sent the krona ...
Emerging currencies decline
by Brian TurnerThe decline of the Icelandic krona by 4.6 percent in relation to the US dollar on Tuesday sent a number of emerging and high-yield currencies down on Wednesday morning as investors reacted to the krona’s decline. Tuesday’s drop in the krona led Fitch to lower Iceland’s country rating to “negative” from “stable” due to its current account deficit and its rising external debt. This downgrade sent the krona ...
February 14, 2006
Following a trend among exchanges worldwide, the Johannesburg Securities Exchange will decide at a meeting in March whether to float an initial public offering as a way of improving corporate governance in the face of increased competition. Many of its largest companies have moved their primary listings to London in the past few years, with listings on the JSE falling from 600 to around 400 since 1999. The exchange became ...
South Africa exchange may offer IPO
by Brian TurnerFollowing a trend among exchanges worldwide, the Johannesburg Securities Exchange will decide at a meeting in March whether to float an initial public offering as a way of improving corporate governance in the face of increased competition. Many of its largest companies have moved their primary listings to London in the past few years, with listings on the JSE falling from 600 to around 400 since 1999. The exchange became ...
