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News Tag: international

June 16, 2010

China ranked bottom for ethical investment

by David Masters
China ranked bottom for ethical investment
Ethical investors looking to put money into emerging market economies should avoid China, Egypt and Vietnam, the Ethical Investment Research Service (Eiris) has claimed. Research by the group found these three countries to be the worst performers in terms of Environmental, Social, and Governance indicators. The three best-performing emerging market countries were South Korea, Brazil, and Mexico. Both Brazil and Mexico scored higher on ...



September 17, 2009

Investors call for government climate action

by David Masters
”Investors
More than 180 of the world's biggest investors have called on world leaders to work together on fighting climate change. A collective statement from the investors, with collective assets of over $13 trillion, said all countries must commit to a low-carbon future. "From an investment perspective it is critical that developing countries, especially the highest emitters, commit to such targets as soon as ...



September 11, 2009

Banco de Credito acquires microfinance firm

by David Masters
”Banco
Peru's biggest banking group this week announced it has acquired a 77.1% stake in microfinance firm Financiera Edyficar. Banco de Credito said it has agreed to acquire the shareholding for $80 million. Chief executive Walter Bayly said the move is part of Banco de Credito's plan to acquire 100% of Edyficar, which is currently controlled by non-governmental organisation CARE. "It's very likely, though there ...



August 11, 2009

Lloyds TSB International launches instant access saver

by David Masters
Lloyds TSB International launches instant access saver
Lloyds TSB International this week launched its Bonus Saver Account aimed at British ex-pats and customers who make frequent cross-border transactions. The account offers no-penalty instant access, and is available in either euros or sterling. Savers can invest up to £1 million or €1 million. Sterling accounts with a balance of £5,000 or above benefit from a 12-month introductory bonus of 0.5% interest, ...



June 25, 2009

OECD urges governments to stand firm on pensions reform

by David Masters
OECD urges governments to stand firm on pensions reform
Governments worldwide must continue to take action on pensions or risk a decades-long global pensions crisis, the Organisation for Economic Co-operation and Development (OECD) warned this week. The OECD said new economic concerns created by the credit crunch must not deter governments from pursuing pensions reforms. Dealing with short-term challenges by postponing reforms would prove disastrous in the long-term, the ...



June 10, 2009

Insurers upbeat for year ahead

by David Masters
”Insurers
Insurance firms remain upbeat about the year ahead despite taking a battering from the credit crunch. Over half (55%) of the world's leading insurers expect organic growth to improve over the next 12 months, whilst a similar number (53%) expect to grow through acquisitions. International expansion is the favoured option for many companies, with the big emerging economies of Brazil, China, India and Russia ...



June 8, 2009

Free credit card advice for travellers

by David Masters
Free credit card advice for travellers
A new guide published this week advises credit card holders on using their card overseas. According to UK Cards Association APACS, over 3% of credit card payments by Brits are made overseas. The APACS guide provides advice for holidaymakers and business travellers on the best places to withdraw cash abroad and on keeping card details safe from potential fraudsters. Advice for travellers includes being ...



April 7, 2009

Post Office and Nationwide cards best for international travel

by David Masters
”Post
International travellers are best to opt for the Post Office Platinum credit card, according to research by moneysupermarket.com. Debit card holders, meanwhile, are advised to choose the Nationwide FlexAccount. The price comparison website said the Post Office's card offers free purchase protection, no overseas charges, and zero percent on purchases for three months. "This is a far better prospect than other ...