Poland will borrow more amid Fed's QE delay

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Source: Bloomberg
© Scanpix/FP
Polish government plans to borrow more money in 2014 in order to cover its 2014 budget deficit. Country's Finance Minister said on Monday that U.S. Federal Reserve's tapering delay can push bond yields lower for some period of time, allowing Poland to borrow cheaper. After the October 18 auction, where Polish government sold 700 euros of bonds, yields declined to the lowest level since 2008.
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Mon, 21 Oct 2013 12:28:11 GMT

China stocks set for weekly advance amid implementation of new economic policies

Shanghai Metersbonwe Fashion & Accessories Co. climbed 10%, while the Shanghai Composite Index added 1.6% to 2,229.24, the highest advance since October, after Chinese government called for implementation of policies that will increase financial aid for small businesses, reduce overcapacity and boost domestic consumption. The CSI 300 Index gained 1.9% to 2,471.32 and Hang Seng China Enterprises Index sank

Mon, 21 Oct 2013 13:40:04 GMT

Apple to release new iPads on Monday

Apple Inc., one of the largest consumer electronics producers in the world, is planning to announce its new iPad tablets on Monday. Experts are waiting from the company to release a new iPad Mini 2 and iPad 5. At the same time, Apple faces a strong competition from Asian tablet producers. Today, Apple Inc. equities are adding 0.65% to $512.18

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