Government
Islamic finance must diversify: Analysts
KUWAIT CITY: Islamic finance, which prohibits charging interest, is set to double in size in five years, but the one-trillion-dollar industry must diversify and regulate to realise its full potential, analysts and economic reports say.
Kuwait Finance House May Invest in Islamic Banks in Asia, Al-Anba Reports
Kuwait Finance House Bhd., a unit of Kuwait’s biggest Islamic bank, is in talks with institutions in Japan to form “strategic alliances” for Islamic banking deals, Al-Anba reported, citing unidentified people familiar with the matter.
Growing Islamic finance should diversify, regulate–analysts
KUWAIT CITY—Islamic finance, which prohibits charging interest, is set to double in size in five years, but the one-trillion-dollar industry must diversify and regulate to realize its full potential, analysts and economic reports say.
Italy Finance Minister Rules Out New Budget Measures, Repubblica Reports
Italian Finance Minister Giulio Tremonti said in an interview with la Repubblica that no new budget measures are needed this year.
Japan Finance Minister Noda Says Coordinating Yen Intervention `Difficult’
Japanese Finance Minister Yoshihiko Noda said it would be “difficult” to gain support for international coordination to halt the yen’s gains, signaling any sales of the nation’s currency would have to be unilateral.
Willis Lease Finance Corp. President and CEO, 10% Owner Charles F Iv Willis sells 15,003 …
By insider.
Czech Finance Ministry Hires Banks to Sell Eurobonds in the `Near Future’
The Czech Republic mandated Barclays Capital, Ceska Sporitelna AS and Deutsche Bank AG to arrange a planned sale of bonds in euros, the Finance Ministry said.
Willis Lease Finance agrees to buy $300 million aircraft for move into regional airlines
NOVATO — Aircraft and engine lessor Willis Lease Finance Corp.
Finance Ministry says defrauded by staffer
The Dutch Finance Ministry Thursday acknowledged it was defrauded out of more than 160,000 euros earlier this year by an employee of the ministry unit that handles the state’s financing needs.
Romanian Finance Minister Says He Will Be Replaced in `Political’ Decision
Romanian Finance Minister Sebastian Vladescu said he will be replaced as part of a “political” decision, he said in a phone interview today after meeting with Prime Minister Emil Boc.
