Financial News and Economical Crisis

   Russia's bankers do not expect in 2010 the rapid growth of the banking sector. The Bad debts continue to rise, an effective tool for dealing with them does not exist yet, but for a noticeable change in the situation for the better for serious reform. These abstracts voiced heads of the largest Russian banks in the investment forum VTB Capital, Russia calls !.   The panelists concluded that one of the most painful issues for the banking sector in ... Read More

PFTS index resumed on Sept. 30 annual maximum - 553.29 basic points and increased by 83.56% since the beginning of the year. This was during the press conference, said the head of the board of directors of OJSC Stock Exchange PFTS Irina Zarya, the Ashgabat correspondent of RBC-Ukraine. According to her, the stock market of Ukraine took the second place on the pace of development in the world. If in the second quarter, we said that the market is ... Read More

index of the Frankfurt Stock Exchange Ksetra DAX (Xetra DAX) fell 33.66 points (-0.59%) and at the level of 5641.50. Index of the London Stock Exchange Futsi 100 (FTSE 100) fell 32.47 points (-0.63%) and at the level of 5101.43. December futures on the index of S & Pi 500 (SP 500) on Globex (Globex) rose by 2.0 points and is 5093.0. Opening of the American stock indexes are now expected to top. The euro /dollar continued its decline ... Read More

Internal Market the debt market a new round of growth. Smooth upturn in the money market and a significant influx of new ruble liquidity support optimism in the market. External news background remains neutral - stock market indexes are changed slightly, and the price dinamka oil market again positive. At mid-day trading on Thursday with the largest turnover grew GES-1 (1.19% of the closing price on Wednesday), MRSKYuga-2 (0,67%), Moskva54 (0,65%), Moskva62 (0 , ... Read More

Revenue OAO Unimilk Company under IFRS in 1 half of 2009 grew by 7% compared to the same period last year and amounted to 20 841 million rubles, according to the material of the company. Net profit Unimilk under IFRS for 1 half of 2009 decreased by up to 19 million rubles in comparison with the same period in 2008 (764 million rubles). sales in volume terms went up by 4,2% and amounted to ... Read More

market is not yet ready to retreat from current levels high bid openings on Thursday morning it was quite predictable. Then add about another 1%, share prices of leading Russian companies went sideways. Thanks for last night had grown by 5% crude oil prices oil shares has a permanent demand, that does not give a signal to reduce the whole market. The traditional volatility can now only wait for the evening, when will a large block ... Read More

Yesterday, the euro /Swiss franc sharply higher in early U.S. session, with a mark of 1.5072 to 1.5235 resistance. Euro /dollar on U.S. session after falling to the level rose to 1.4572 marks 1.4662. Rate pound /dollar rose from 1.5943 to 1.6025 level. Pair dollar /yen fluctuated near the 90.20 mark. Cross the euro /yen fell to 129.70, and by the end of the session, recovered to 131.00. The experts noted that about a weakening of the franc ... Read More

Dynamics U.S. dollar was trading different direction against other major currencies. At the same time EUR /USD pair remained in the area of a mark 1.4600, the pair GBP /USD was unable to continue its growth and fell below 1.6000, and the pair USD /CHF 1.0400 after rising above fell to 1.0350. Japanese yen remained in the ranges against other currencies. When the pair USD /JPY remained below the mark of 90.00, and the ... Read More

through the implementation of its strategy in the production and supply of liquefied natural gas (LNG), OAO Gazprom, expects in the medium term, achieve the status of a global market participants CNG. As deputy chairman of the company Alexander Medvedev during the XIII International Conference Sakhalin Oil and Gas 2009 in Yuzhno-Sakhalinsk. It Medvedev stressed that in the coming years, Russia should take one of the first places in the list of the leading producers of LNG and delivering ... Read More

Ladies and gentlemen! After five minutes on our web site will begin conference on: The green shoots of Russia's economy: the top know best? . the reign of manual management of the economy goes - this opinion was expressed by Prime Minister Vladimir Putin. The situation is better than it seemed a few months ago, it's time to think about post-crisis development. Also optimistic about the current state of the economy, Finance Minister Alexei Kudrin and Minister ... Read More