ECB should not Stop Bond Buys Early, Stournaras says

Says Rome must reassure investors, Commission Warns of stagflation risk from Middle Eastern conflict Opposes raising reserve requirements ATHENS, Oct 12 Reuters The European Central Bank should not stop its bond purchases early because they may still need to calm jittery markets but it is down to governments, including Italy39;s, to keep bondholders on side, […]
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Malaysia Parliament Approves Law to Better Manage Govt Funds

KUALA LUMPUR, Oct 12 Reuters Malaysian lawmakers have approved legislation aimed at improving fiscal responsibility, as the government looks to better manage public funds, reduce debt, and boost accountability. The Southeast Asian country39;s coffers have come under strain in recent years, following a multibilliondollar financial scandal at state fund 1MDB and increased subsidy spending to tackle rising […]
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Oil Falls Further on US Stock Build, Easing Supply Concerns

SINGAPORE, Oct 12 Reuters Oil prices fell for a third day on Thursday, dragged down by a largerthanexpected crude and gasoline stockbuild in the U.S. and easing supply concerns. Brent futures fell 43 cents, or 0.50, to 85.39 a barrel at 0623 GMT, while U.S. West Texas Intermediate crude retreated 53 cents, or 0.63, to […]
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