Edition:
United Kingdom

Walter Bianchi

UPDATE 4-Argentine peso strengthens on optimism over IMF talks

20 Sep 2018

BUENOS AIRES, Sept 20 The Argentine peso closed 2.9 percent stronger on Thursday, reflecting investor optimism that the recession-hit country will strike a new standby financing agreement with the International Monetary Fund aimed at guaranteeing government solvency.

UPDATE 4-Argentina's GDP shrinks 4.2 pct in 2nd quarter

19 Sep 2018

BUENOS AIRES, Sept 19 Argentina's gross domestic product contracted 4.2 percent in the second quarter of 2018 from the same period last year and 3.9 percent from the prior quarter, government statistics agency Indec said on Wednesday.

Ex Argentine leader Fernandez to allow searches of her properties

22 Aug 2018

BUENOS AIRES Former Argentine President Cristina Fernandez agreed on Tuesday to allow investigators to search properties belonging to her as part of a corruption case in which construction company executives have said they paid bribes for government contracts.

UPDATE 2-Argentina central bank hikes reserve requirements, eyes China swap

16 Aug 2018

BUENOS AIRES, Aug 16 Argentina's central bank said on Thursday it hiked reserve requirements by 3 percentage points for the country's largest banks, as it tries to keep its plan for reducing short-term debt from adding to already high inflation.

Argentine central bank moves to spread out Lebac debt payments

23 May 2018

BUENOS AIRES, May 23 Argentina's central bank moved on Wednesday to improve its debt profile by offering to swap some of its one-month Lebac securities for paper of longer duration, the bank said in a statement.

Argentina peso closes higher but inflation soars to 25.5 percent

16 May 2018

BUENOS AIRES Argentina's peso snapped its losing streak on Tuesday, closing 3.73 percent stronger at 24.10 per U.S. dollar after the central bank sold reserves but before the government reported 12-month inflation at a dizzying 25.5 percent. | Video

Argentina companies list on U.S. exchanges ahead of expected rate hikes

31 Jan 2018

BUENOS AIRES Argentine companies are rushing to list shares on U.S. exchanges beginning this week to beat an expected hike in interest rates by the U.S. Federal Reserve, analysts said, while taking advantage of an improved investor climate under President Mauricio Macri after years of populist rule.

Argentine developer TGLT plans New York listing by end 2018 -CEO

22 Jan 2018

BUENOS AIRES, Jan 22 Argentine real estate developer TGLT SA plans to raise capital with a share listing on the New York Stock Exchange by the end of 2018, Chief Executive Federico Weil told Reuters in a telephone interview on Monday.

Possible explosion detected near Argentine sub's last-known location

24 Nov 2017

MAR DEL PLATA, Argentina The Argentine navy raised the possibility on Thursday that a navy submarine missing in the South Atlantic suffered an explosion, heightening concerns over the fate of the 44 crew members on the eighth day of an international search effort. | Video

Search for missing Argentine submarine reaches 'critical phase'

22 Nov 2017

MAR DEL PLATA, Argentina/BUENOS AIRES The search for an Argentine navy submarine missing in the South Atlantic for one week reached a "critical phase" on Wednesday as the 44 crew on board could be running low on oxygen, a navy spokesman said.

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