Monthly archives: December, 2016

CANADA FX DEBT-C$ strengthens in thin trading, logs overall 2016 gain

* Canadian dollar at C$1.3427 or 74.48 U.S. cents * Bond prices higher across the maturity curve By Solarina Ho TORONTO, Dec 30 The Canadian dollar strengthened against a weaker greenback on Friday in thin pre-holiday market trading, and capped off an overall gain for 2016. The loonie saw an annual gain for the first …

India's PM Modi announces incentives in New Year address

NEW DELHI Indian Prime Minister Narendra Modi announced a slew of incentives to the poor, farmers, women and small businesses on Saturday, in a New Year’s speech in which he also defended his decision to abolish high denomination bank notes. The withdrawal of 500 and 1,000 rupee bills on Nov. 8 caused widespread disruption and …

Argentina's ex-president on corruption charge

Story highlights Assets belonging to former Argentina president have been frozen Judge indicts Fernández de Kirchner and 11 others A judge indicted Fernández de Kirchner along with 11 others on illicit association, for allegedly directing public road works to a company called Austral Constructions during her presidency. The judge formally presented the charges of corruption, …