SANTIAGO – Chilean banking regulator SBIF has authorized Bank of China Limited, one of China’s largest banks, to operate in the South American country. The move will boost use of China’s yuan currency in Latin […]
BUENOS AIRES – Argentina sold US$ 9 billion in a three-part dollar bond issuance that was oversubscribed on Thursday, covering nearly a third of its expected financing needs for 2018 early in the year. Latin […]
Isabel Cocker/The Santiago Times Staff SANTIAGO – The chief superintendent of Banks and Financial Institutes says Chileans are “financially illiterate”. This October marks the fourth annual “Month of Financial Education” held by the Superintendence for […]
SANTIAGO – President Michelle Bachelet’s entire economic team resigned Thursday, in a major blow to South America’s wealthiest and most stable nation just three months before key presidential election. Finance Minister Rodrigo Valdes, his deputy […]
BEIJING – Chile will join the Asian Infrastructure Investment Bank (AIIB), the Foreign Ministry announced as President Michelle Bachelet paid a state visit to China. Bachelet, during a visit to the multilateral lender’s headquarters, said […]
LA PAZ – Bolivian minimum wage rose 310 per cent since President Evo Morales took office in 2006, with an annually continuous increase in the interest of workers. Minister of Economy and Finance Luis Arce […]
By Juan Andres Guzmán Translated by Christian Scheinpflug Seven thousand parliamentarians in 20 countries are these days receiving a second formal request to make the origin of their income transparent by disclosing their tax returns. […]
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