Business
India central bank holds rates steady; cuts banks’ cash reserve ratio
THE Reserve Bank of India (RBI) kept its key interest rate unchanged on Friday (Dec 6) but cut the cash reserve ratio (CRR) that banks are…
Tag
Banks
Business
Wall Street banks predict biggest China rate cuts in a decade
CHINA’S central bank will deliver the biggest interest-rate cuts in a decade next year as policymakers intensify efforts to shore up…
News
Italy approves tight budget partly funded by a levy on banks and insurers
ROME (AP) — Italy’s far-right government has approved a budget for next year of about 30 billion euros ($33 billion), which officials say…
Business
Italy to Tap Banks, Insurers for €3.5 Billion in Budget Plan
(Bloomberg) -- Prime Minister Giorgia Meloni’s cabinet is tapping Italy’s banks and insurers to help finance its budget, according to a…
Business
What do investment banks think of the Chinese Communist Party's long-overdue third plenum?
China's Communist Party has published a communique after wrapping up its four-day closed-door third plenum for its decision-making Central…
Business
Analysis-Vietnam eyes greener power but banks on coal to avert blackouts
By Francesco Guarascio and Khanh Vu HANOI/HOA BINH, Vietnam (Reuters) - Lights are off and air conditioning is down at the headquarters of…