By Lewis Jackson and Selena Li SYDNEY/HONG KONG (Reuters) -Asian policymakers and regulators sought to reassure investors on Thursday about the resilience of their banking systems and played down cont[...]
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March 16, 2023
Putin urges business leaders to build new Russian economy
MOSCOW (Reuters) – President Vladimir Putin on Thursday called on Russia’s billionaires and business elite to invest in new technology, production facilities and enterprises to help Russia[...]
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Sri Lanka to introduce new central bank law, inflation target
By Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka will introduce new central bank legislation aimed at bolstering the bank’s independence, accountability and also price stability in the country[...]
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Pakistan finance minister says external financing last hurdle for IMF deal
By Asif Shahzad ISLAMABAD (Reuters) -Pakistan’s Finance Minister Ishaq Dar said on Thursday that an assurance from “friendly countries” to fund a balance of payment gap was the last[...]
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Swiss lifeline, ECB dilemma
A look at the day ahead in U.S. and global markets from Mike Dolan A Swiss lifeline to the ailing Credit Suisse has eased some pressure on Europe’s anxious banks but leaves the European Central[...]
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China renews pledge for wider market access for foreign investors
BEIJING (Reuters) – China’s commerce ministry said on Wednesday it will continue to push for the relaxation of market access for foreign investors, renewing efforts to lure foreign capital[...]
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No conditions for Polish rate cuts until end of 2025, says c.banker Kotecki
WARSAW (Reuters) – Conditions will not be right for cutting interest rates in Poland until the end of 2025, central banker Ludwik Kotecki said on Thursday, as market participants speculated on w[...]
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Goldman Sachs, JPM expect hit to US economic growth from SVB crisis
(Reuters) -The pressure on small and mid-sized U.S. banks following the swift downfall of SVB Financial Group could further slow the economy, and will likely raise the probability of a recession this[...]
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Bank Indonesia leaves rates unchanged, uses FX intervention amid market turmoil
By Gayatri Suroyo and Fransiska Nangoy JAKARTA (Reuters) -Indonesia’s central bank has and will continue to intervene in the currency market amid volatility linked to the closure of some U.S. ba[...]
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