By Siddhi Nayak MUMBAI (Reuters) – India has asked state-run lenders to adopt stricter monitoring of top corporate loan accounts and submit a plan to deal with business risks in key areas within[...]
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March 27, 2023
Take Five: And let there be calm
LONDON (Reuters) – At an incredible end to the first quarter for financial markets, rattled by bank turmoil, some stability will be much hoped for in coming days. But don’t bet on it. Regi[...]
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In inflation-hit Germany, massive strike over pay to cripple transport
By Klaus Lauer and Tom Sims BERLIN/FRANKFURT (Reuters) – A massive strike in Germany was set to begin early Monday, crippling mass transport and airports in one of the biggest walkouts in decade[...]
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Marketmind: Banks are leaking money
A look at the day ahead in European and global markets from Wayne Cole It’s been a quiet Monday so far with Asian share markets mixed but U.S. and European stock futures higher, perhaps because[...]
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Analysis-US bank trading and deposits in focus after rollercoaster month
By Tatiana Bautzer and Nupur Anand New York (Reuters) – As U.S. banks prepare to close the books on a tumultuous quarter, analysts say trading revenue and deposits are among the key numbers to w[...]
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US Vice President Harris promises greater investment for Africa
ACCRA (Reuters) – U.S. Vice President Kamala Harris said on Sunday that the United States will increase investment in Africa and help spur economic growth as she began a week long tour of the co[...]
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China’s industrial profits slump deepens on soft demand, high costs
BEIJING (Reuters) -The slump in Chinese industrial firms’ profits deepened in the first two months of 2023, weighed by lacklustre demand and stubbornly high costs as the world’s second-lar[...]
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Japan’s business services prices perk up near BOJ’s inflation target
By Leika Kihara TOKYO (Reuters) -Japan’s business-to-business services inflation picked up in February on a tourism rebound and rising labour costs, data showed, offering the central bank hope t[...]
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BoE’s Bailey urges firms to assume lower inflation when setting prices
By David Milliken LONDON (Reuters) -British businesses should consider official forecasts showing inflation will fall this year when setting their prices, Bank of England Governor Andrew Bailey said o[...]
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