Standard and Poor's on Friday lifted Ukraine's debt ratings from a level deemed vulnerable to default, citing newly-found political stability after the formation of a government coalition. Standard and Poor's said it was raising its foreign-currency sovereign credit rating on Ukraine to 'B-/C' from 'CCC+/C' and its local-currency sovereign credit rating to 'B/B' from ...

India's central bank announced Friday it had agreed to buy 10 billion dollars of bonds issued by the International Monetary Fund as part of efforts to strengthen the Washington-based lender. India, Brazil and China -- all emerging giants -- have agreed to buy the interest-yielding assets from the IMF to help boost its reserves which can be called on by ...

On February 24, Reuters reported that the Reserve Bank of India was “set to be a buyer” of the 191.3 tonnes (6.74 million ounces) of gold the IMF is selling. Although the bank wouldn’t comment directly on the possibility, they did say, “We are closely looking at the gold market... gold is ...

Today on Stockhouse Your opinion matters. Submit an article to Stockhouse today at submissions@stockhouse.com. Submission guidelines can be found here. China may not choose to acquire physical gold on the open market from ...