The euro inched higher, getting some respite as feverish speculation of an imminent round of easing by the European Central Bank cooled.» Read More
JAKARTA, Oct 1- Indonesia's exports slumped more than expected in August while annual inflation eased in September, leading economists to expect the central bank to have room to keep benchmark interest rates at a record low all year.
October 1- Following are terms and conditions. of a bond priced on Monday.
JAKARTA, Oct 1- Indonesian exports in August fell 24.3 percent from a year earlier, a fifth straight month of decline and a deeper fall than expected, the country's statistics bureau said on Monday. Indonesia's inflation in September eased to 4.31 percent from a year earlier, lower t han expected and versus 4.58 percent in August, the statistics bureau said.
*Qatar Islamic Bank also in market, may issue sukuk this week. By Rachna Uppal DUBAI, Oct 1- Abu Dhabi- listed First Gulf Bank. FGB may soon be joined by another regional bank, Qatar Islamic Bank, which is expected to issue a sukuk this week, following investor meetings.
Clay Carter, Head of International Equities at Perennial Investment Partners says that Standard Chartered's worries have eased and its stock is a buy at current levels.
Chris Wheeler, bank analyst at Mediobanca, told CNBC, Standard Chartered settled to put this behind them as quickly as possible, and to stop the CEO, Peter Sands from going in front of the DFS.
Jimmy Gurule, professor of law at the University of Notre Dame, told CNBC that the fine imposed on Standard Chartered bank is not a significant deterrent as the bank could of still make a profit on alleged dealing with Iran.
Ian Gordon, head of banks research at Investec Securities, told CNBC that the Standard Chartered settlement reflected their need to act quickly in order to avoid any lasting reputational damage and was not an admission of guilt.
CNBC's Karen Tso takes a look at past fines that have been leveled at European banks by US regulators.
Cormac Leech, bank equity strategist at Liberium capital, told CNBC that Standard Chartered's decision to settle with New York state for $340m was a pragmatic decision and should not be taken as an admission of wrongdoing.
Richard Harris, Chief Executive, Port Shelter Investment Mgmt says StanChart's shareholders will have to pay for any settlement with U.S. regulators. He adds that the bank's share price will recover from its lows.
Standard Chartered will pay a civil penalty of $340 million to the NY State Department of Financial Services, reports CNBC's Kayla Tausche. CNBC's John Carney and Bob Pisani, provide perspective.
Standard Chartered is one day away from defending its license to operate in New York, and the dollar amount of any settlement is still in question, reports CNBC's Kayla Tausche.
Sam Gyimah member of the UK parliament told CNBC, the Standard Chartered case is an example of a regulator shooting over the top and the bank deciding that in the interests of its reputation it is best to settle and move on.
Alex Wong, Director, Asset Management at Ample Capital weighs in on the slew of corporate earnings out of Hong Kong this week, and gives his take on the performance of shares of Li & Fung, Swire Pacific and Standard Chartered.
According to sources, Standard Chartered is not considering a lawsuit, reports CNBC's Steve Liesman.
Brad Hintz, Sanford Bernstein analyst, explains how the fallout from Standard Chartered's alleged transaction with Iran could become a liability to some U.S. banks.
Did a New York regulator go "rogue" in his investigation of Iranian money laundering at Standard Chartered Bank? CNBC's Steve Liesman reports the latest details.
CNBC's Steve Liesman reports regulators have criticized Lawsky's decision to take public action against Standard Charter Bank.
Simon Willis, Banking analyst, Daniel Stewart and Simon Nixon of the Wall Street Journal discuss whether the US is being selective in picking on British banks after StanChart was accused by New York regulators of helping Iran hide billions in transactions.