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.
JERUSALEM, Sept 17 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
JERUSALEM Israel's Supreme Court on Wednesday increased former tycoon Nochi Dankner's prison sentence to three years after rejecting his appeal against his conviction for securities fraud related to the IDB group he once controlled.
JERUSALEM The Bank of Israel is expected to leave short-term interest rates unchanged again this week, with markets seeking clues as to when rates will start to rise.