Economy

Brysam Global Partners, a private equity fund that mainly handles cash for U.S. bank JPMorgan Chase & Co, invested 230 billion Colombian pesos (US$98 million) for an 18.84% stake in…

Colombia’s peso weakened 2.7 percent to 2,362 per dollar, from 2,299.45 yesterday, according to the Colombian foreign-exchange electronic transactions system, known as SET-FX.  The yield on Colombia’s benchmark 11 percent…

  Colombian business leaders on Tuesday called for a cut in interest rates and an increase in public spending to help ward off an economic slowdown they fear could be…

Colombia’s House of Representatives approved the budget for the coming year Monday after initially having turned it down. The budget nearly got refused again, because the House wasn’t happy with…

Colombia’s short-term peso bonds will likely advance on speculation the central bank will reduce its overnight lending rate this week, according to RBS Greenwich Capital Markets Inc.  Policy makers will…

Global coffee output will exceed demand by 6-7 million bags this year as Brazil, the world’s largest producer, is in the more productive phase of a two-year cycle, said Juan…

Colombia’s central bank chief Jose Dario Uribe said on Sunday the nation’s economy has shown stability as the world is battered by financial turbulence and a mounting credit crisis. “In…

Colombian stocks and the peso currency were dragged lower on Wednesday by the sliding U.S. stock market as investors fretted about a possible global recession. The Andean country’s bourse lost…

Colombia’s main stock index IGBC took an almost ten percent leap after opening the market on Tuesday, following the positive results on worldwide markets Monday. The IGBC rose 9.75 percnet…