JERUSALEM, Oct 15 After 25 years of mainly
targeting consumer inflation, the Bank of Israel is expected to
focus more on asset prices once U.S.-based academic Amir Yaron
becomes its new governor, and economists suspect he may be more
hawkish than his predecessor.
JERUSALEM Prime Minister Benjamin Netanyahu on Tuesday named U.S. finance professor Amir Yaron to head Israel's central bank, citing the need for an expert on the global economy.
TEL AVIV, Oct 3 Hedge fund managers recommended
buying Japanese equities and shares in German utility E.ON
, and shorting AT&T debt among their top
investment picks at the Sohn investment conference in Tel Aviv
JERUSALEM, Sept 20 Israel's Finance Ministry is
working on a plan to allow some first-time home buyers raise
mortgages worth up to 90 percent of the value of the house they
are purchasing, helping them cope with surging property prices.
JERUSALEM Israel's social security agency will halt giving its annual surplus to the government starting in 2019, its chief executive said, a move a finance ministry source said could sharply boost the budget deficit and harm essential services.
JERUSALEM Switzerland has asked Israel to open its markets so Swiss banks can trade funds there, a senior Finance Ministry official said.
* Central bank's economists predict 15 bps hike to 0.25 pct
TEL AVIV, Sept 3 The Tel Aviv Stock Exchange
(TASE) will hold an initial public offering of nearly one-third
of its shares as early as November, TASE Chief Executive Itai
Ben Zeev said on Monday, citing the need to bolster the public's
participation in the economy.
JERUSALEM, Aug 30 Mizrahi-Tefahot,
Israel's third-largest bank, reported a 48 percent drop in
quarterly net profit on Thursday, as it hiked a provision to
cover the potential settlement of a U.S. tax evasion
* Shekel gained 2.3 pct vs currency basket since last