Front Page: Russia could shoot $10 billion into sluggish Europe

1st November 2011



Hu: China has confidence in Europe

Continent has ability to overcome present difficulties, Chinese president says. China Daily


Rupee down as euro, shares weigh

The rupee was weaker in early morning trades on Tuesday as lower Asian shares and a weak euro weighed. Times of India


Chinese technology giants to invest $540 million in Brazil

With an eye on the growing market of electronic equipment in Brazil, China tech giants closed on Monday plans for cooperation with five local partners during a visit to St. Paul. Folha


Russia could shoot $10 billion into sluggish Europe

Moscow could allocate as much as $10 billion through the IMF to help indebted European countries, says presidential aide Arkady Dvorkovich. Russia Today


South Africa is management creche for motor chiefs

Big multinational car makers send managers here to hone their craft, writes Alexander Parker. Business Day


Developed Markets


Japan unlikely to win currency 'war of nerves' against speculators: analysts

Japan is unlikely to win its "war of nerves" with market forces as it battles to cap a soaring yen, say analysts. Japan Today


Eurozone in crisis as Greece to hold referendum on debt deal

Europe could plunge further into recession in the coming months economists warn, as Greece decides to hold a referendum on whether to accept the rescue package. Irish Independent


Corruption probe takes in ThyssenKrupp subsidiary

An investigation into corporate corruption allegations in Asia appears to have widened and now includes a subsidiary of German steel concern ThyssenKrupp. The local


Frontier Markets


Debt crisis "risk" to Estonia stability – Central Bank

The Estonian Central Bank has said that the European debt crisis poses a "increased risk" to the country's financial stability. The Baltic Times


IMF: Kenya gets Sh25bn to boost shilling on approval

The International Monetary Fund (IMF) has approved Kenya's request for an extra Sh25 billion to boost the country's foreign exchange reserves. Daily Nation


Inflation down in October

Sri Lanka's point to point inflation slowed to 5.1 percent in October, from 6.4 percent in September, recording the third straight monthly slowdown. Daily Mirror


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