September 6, 2010
Published: 28 Jul 10 16:57 CET | Double click on a word to get a translation
Online: http://www.thelocal.se/28054/20100728/
Swedish online casino Mr Green announced on Wednesday that it has corrected a technical problem that made it impossible to lose money when gambling on the site.
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Sweden’s state owned companies are set to earn record-breaking profits this year, although not every company has had a stellar 2010. READ (2 COMMENTS) »
The Swedish Economic Crime Authority is launching an investigation into suspected fraud and accounting crimes at HQ Bank. READ (2 COMMENTS) »
Investment bank Carnegie has signed a deal to take over crisis-hit sector colleague HQ Bank, with payment amounting to 268 million kronor ($36.8 million) to settle employee stock options and client obligations. READ (1 COMMENT) »
Trading in the shares in Nordic paper giants Holmen, Stora Enso and Norske Skog has been halted on Thursday amid rumours of a partial merger. READ »
Sweden's Riksbank has raised the repo rate by 0.25 percentage points to 0.75 percent, a decision which was widely forecast. READ (8 COMMENTS) »
Swedes should expect higher economic growth and lower unemployment than previously forecast, according to a new report from the National Institute of Economic Research. READ (3 COMMENTS) »
Björn Riese, who is leading the liquidation of HQ Bank, has said that a deal to resolve the future of the finance firm is close, with the bank likely to be able to re-open its doors on Friday. READ »
Exports, domestic demand and strong public finances all indicate that Sweden's economy is in good shape, the country's financial management authority and several major banks said on Tuesday. READ (5 COMMENTS) »
HQ has appealed the decision to suspend the banking license for HQ Bank, which has forced it into liquidation and kept the bank closed on Tuesday. READ (1 COMMENT) »
The administrator of the collapsed HQ Bank has said he wants to find a new owner who can keep the business running. READ (1 COMMENT) »
Riksbank governor Ingves says Swedish economy in good shape »
"Riksbank Governor Stefan Ingves expresses optimism about Sweden’s economy in Wall Street Journal interview " READ »
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