Edition:
India

Steven Scheer

UPDATE 1-Four of five Bank of Israel MPC members voted to hold key rate -minutes

18 Apr 2019

JERUSALEM, April 18 Four of the five rate setters at the Bank of Israel voted to keep the benchmark interest rate at 0.25 percent when they met on April 8, minutes of the discussions showed on Thursday, citing concerns over global economic growth.

Israel parliament panel criticizes bank regulator, seeks more oversight

16 Apr 2019

JERUSALEM A parliamentary panel has proposed lawmakers oversee Israel's banking regulator after blaming the central bank for being too lax on regulation that led to high-profile loan defaults by some of the country's largest borrowers.

Nano Dimension sees sharp growth on increasing demand for 3D printing

15 Apr 2019

NESS ZIONA, Israel Nano Dimension, a pioneer in 3D printers for circuit boards, expects to keep up a steep rate of sales growth while reducing its cash burn as it taps demand from new sectors such as defense and space exploration, the company's leaders said.

Powerful Israeli religious parties may prevent needed budget restraint after election

10 Apr 2019

JERUSALEM Ultra-Orthodox Jewish parties did well in Israel's national election and will likely bring hefty demands for more government payouts to coalition talks, making it harder for Prime Minister Benjamin Netanyahu to rein in a growing budget deficit.

Powerful Israeli religious parties may prevent needed budget restraint after election

10 Apr 2019

JERUSALEM Ultra-Orthodox Jewish parties did well in Israel's national election and will likely bring hefty demands for more government payouts to coalition talks, making it harder for Prime Minister Benjamin Netanyahu to rein in a growing budget deficit.

UPDATE 2-Bank of Israel holds key rate at 0.25 pct, sees no rate hike soon

08 Apr 2019

JERUSALEM, April 8 The Bank of Israel kept its benchmark interest rate at 0.25 percent for a third consecutive meeting on Monday and projected a slower pace of interest rate increases through 2020, with the next rise not likely until later this year.

Bank of Israel to keep key rate at 0.25 percent as inflation tame: Reuters Poll

04 Apr 2019

JERUSALEM Israel's central bank is expected to leave short-term interest rates unchanged next week for a third straight meeting given tame inflation and warnings of possible slower economic growth ahead.

Israel could face austerity under next government

03 Apr 2019

JERUSALEM Israel's economy has barely featured in the run-up to next week's general election, yet the central bank and many economists warn the new government will need to cut spending and raise taxes to rein in a growing budget deficit.

Warburg Pincus to invest $221 million in Israel credit card firm

02 Apr 2019

JERUSALEM U.S. private equity firm Warburg Pincus plans to invest 800 million shekels ($221 million) over the next five years to expand its new Israeli credit card business into areas of lending currently dominated by banks, a senior official said.

UPDATE 2-Bezeq cancels dividend, may raise cash after Q4 loss

28 Mar 2019

* Says in talks with regulator to deploy fibre optics network

World News

Afghan communications ministry attacked, seven killed

At least seven people were killed in an attack on the Afghan communications ministry in central Kabul on Saturday, breaking months of relative calm in the capital and underlining the continued security threats despite efforts to open peace talks with the Taliban.