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Popularity becomes curse for Malaysia, Indonesia currencies

Bloomberg The popularity of Malaysia’s ringgit and Indonesia’s rupiah among global investors has made them Southeast Asia’s most volatile currencies, just as the region heads for troubled waters. Already reeling from a commodity slump, debt in the two nations is seen by strategists as the most vulnerable to concerns surrounding the U.S. presidential election and the Federal Reserve’s next interest-rate ...

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Greek bank wars leave $187 billion with uncertain management

  Bloomberg As Greek banks struggle to clean up their balance sheets of bad loans, investors have been left pondering another uncertainty: Who will lead the country’s biggest lenders? The General Council of Greece’s bank recapitalization fund, HFSF, discusses whether to call an extraordinary meeting of National Bank of Greece shareholders aimed at forcing the lender’s chief executive officer, Leonidas ...

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DCCI study explores investment options for GCC nations in LatAm

  Dubai / Emirates Business The Dubai Chamber of Commerce and Industry (DCCI) conducted a study to explore investment opportunities for GCC countries in Latin America and create a roadmap for bilateral relations between the two regions. The study comes in the lead-up to the Global Business Forum (GBF) on Latin America, which the Chamber is preparing to host on ...

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