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THE HUNGARIAN DEVELOPMENT BANK
In 1938, Laszlo Biro noticed newspaper ink dried instantly while his fountain pen kept smudging, what he invented next 'revolutionised' writing foreverA Hungarian journalist, Laszlo Biro, noticed newspaper ink dried fast. This led him to invent the ballpoint pen. He replaced fountain pen i...- Global Markets | From Q1 rout to Q2 risks: Investors face an uncertain road aheadGlobal markets are experiencing extreme volatility. Geopolitical events and changing monetary policies are impacting investments. Energy pr...
- Emerging-markets central banks battle a surging dollarThe MSCI Emerging Markets Currency Index has fallen 3.1% since end-September and is heading for its biggest quarterly drop in two years, le...
- China's Xi promises more market openness and new investments for Belt and Road projectsAt the forum's opening ceremony at the cavernous Great Hall of the People, Xi promised two Chinese-backed development banks - the China Dev...
- Charting the global economy: 'Reglobalization' in the face of economic and geopolitical challengesA US-China trade war, a global pandemic, Brexit and Russia’s war in Ukraine have rattled the once-entrenched ways that the world’s largest ...
- Not so SWIFT: EU energy concerns spark Russia sanctions riftFormer European Council President Donald Tusk lashed out at EU capitals over their failure to agree on the toughest sanctions such as cutti...
- Hungary: Statue honouring mysterious Bitcoin founder unveiledErected in a business park near the Danube River in Budapest, the bust sits atop a stone plinth engraved with the name of Satoshi Nakamoto,...
- Exit game: Central banks' shift from crisis policies gathers momentumSouth Korea's central bank on Thursday raised its benchmark interest rate by a quarter of a percentage point to blunt rising financial stab...
- Covid vaccines and lessons: India can benefit from a dose of globalisationIndia needs to nurture and retain its human talent, attract global capital, and integrate with global supply chains.
- Stocks in the news: YES Bank, Jet Airways, DHFL, Fortis Malar and Usha MartinHere’s a list of stocks, which will hog limelight in today’s session:
- Emerging-Market carry trade makes a comeback as dollar weakensInvestors are pricing in more good times to come in some cases.
- Egypt seeks India's help to learn the ropes of SME financingThe visit to India was in collaboration with the India Institute of Banking and Finance to garner expertise of the India's progress in deve...
- Indian-American investor Sunil Sabharwal occupies key IMF positionSabharwal, who was confirmed by the US Senate after a long waiting, assumed the position as Alternate Executive Director of the IMF.
- Barack Obama re-nominates Indian-American investor Sunil Sabharwal to key administration postSabharwal has been an independent investor in the payments sector since 2006. Obama sent his decision to re-nominate Sabharwal to the Senat...
- EU to freeze funds for Hungary, send message on deficitsEU finance ministers are planning to freeze 495 million euros in aid to Hungary on Tuesday for failing to control its budget deficit, diplo...
- Stocks could tumble in October: Sunil Kewalramani, CEO, Global Money InvestorNineteen of 29 global stock markets are now in bear territory. I expect global stocks to continue to tumble, says Sunil Kewalramani, Global...
- Out-of-job proprietary trader? Promising careers await you!Banks are winding down prop-trading units, but fired traders need not despair. There are many areas where their expertise will be needed. A...
- Investors see the weakness as a chanceInvestors who missed the first entry points are now looking for stocks that are still relatively cheap but likely to outperform in future i...
- Germany rejects bailout plan for east EU nationsGermany rejected appeals on Sunday for a single multibillion euro (dollar) bailout of eastern Europe, even after Hungry begged EU leaders n...
- Global credit turmoil may help resurrect IMFGlobal credit turmoil may help resurrect IMF
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