Colombian stocks moved lower Wednesday and are now down 6% so far in 2011 as the commodities-heavy exchange suffers from worries over the effects of China’s interest-rate hike. The IGBC index, considered the benchmark for...
Read MoreColombia’s Cerrejon LLC, the country’s largest coal exporter, signed a two-year labor agreement with union workers late Tuesday, putting an end to difficult negotiations that risked prompting a strike. Under the...
Read MoreColombia’s benchmark index rose Tuesday, bucking a trend of five consecutive sessions of declines, fueled by gains in oil stocks. The IGBC index, which includes Colombia’s blue-chip companies, climbed 0.91% to...
Read MoreRatings firms may upgrade Colombia to investment grade in the first half of this year, though the exact timing depends on the companies, Finance Minister Juan Carlos Echeverry said on a conference call with investors. Standard...
Read MoreColombia set its fiscal deficit target for 2011 at 4.1% of gross domestic product as higher tax revenue should help offset added spending to deal with massive floods that have destroyed roads and farmland. Finance Minister Juan...
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