Boss of SKS resigns

Note: This section contains information in English only.
Source: BBC
© Scanpix/Reuters

Boss of Indian-based microfinance company SKS announced about his resignation after being accused of speculation. The company was top-performer on the Indian markets; the share price cost 1,304 rupees in August. However, the company was accused of charging exorbitant interest rates and using aggressive methods for debt collections. The share price lost 90% after accusations.

Back to articles

Actual Topics

Thu, 24 Nov 2011 11:04:05 GMT

Germany: stable development or further recession?

German GDP growth increased in Q3 meeting the forecasts, according to Federal Statistics Office. Country's output increased by 0.5% in Q3 as compared with Q2. Experts stressed that large investments and consumption ensured stable economic development of the country in Q3. Private consumption increased by 0.8%. However, the economists claim that there is a probability of recession in next quarters.

Thu, 24 Nov 2011 11:09:21 GMT

Overseas yuan market will grow

The growth in yuan deposits in Hong Kong slowed down but the overseas market for yuan will continue to rise, said Norman Chan, chief executive of the Hong Kong Monetary Authority.  The inflow-outflow yuan ratio decreased to 0.8-to-1 in September. The decline in yuan deposits does not imply yuan lost appeal in foreign market, the decline is likely to be a short-term, said Chen Daofu,

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.