Pressure to revive economy muddies earnings outlook for China's top banks
By Ziyi Tang and Ryan Woo BEIJING A scramble by Chinese policymakers to tackle a debt crisis in
2023-08-22 18:56
Jailed FTX founder Bankman-Fried to return to court for new plea
By Luc Cohen NEW YORK Sam Bankman-Fried, founder of the now-bankrupt cryptocurrency exchange FTX, is due back in
2023-08-22 18:29
Canadian banks' profits seen pressured by slower dealmaking, mortgage growth
By Nivedita Balu TORONTO Canada's big bank results are expected to bring to light a number of challenges
2023-08-22 18:18
Exclusive-Thailand's KBank in talks to buy Vietnam lender in up to $1 billion deal - sources
By Phuong Nguyen and Yantoultra Ngui HANOI/SINGAPORE Thailand's second-biggest lender Kasikornbank is in talks to buy consumer finance
2023-08-22 17:49
S&P downgrades five US banks following Moody's lead
S&P Global Ratings downgraded five regional US banks by one notch and signaled a negative outlook for several others on Monday.
2023-08-22 10:16
Turkish central bank to hike policy to 20%; some expect smaller step - Reuters poll
ISTANBUL Turkey's central bank is expected to raise its policy rate to 20% this week, a Reuters poll
2023-08-21 21:52
Exclusive-India cenbank nudges banks to settle UAE trades in rupee, dirham -sources
By Siddhi Nayak, Jaspreet Kalra and Shivangi Acharya MUMBAI/NEW DELHI India's central bank is nudging local banks to
2023-08-21 18:51
Turkish cenbank says ends targeting conversion to FX-protected lira deposits
ANKARA Turkish central bank said on Sunday it has stopped targeting conversion from foreign currency deposits to FX-protected
2023-08-20 08:54
Bankman-Fried's lawyers blast trial prep time as 'entirely inadequate'
By Jonathan Stempel NEW YORK Lawyers for Sam Bankman-Fried on Friday rejected as "entirely inadequate" the U.S. government's
2023-08-19 06:16
Evergrande's bankruptcy may be just the beginning of China's real estate crisis
Evergrande's US bankruptcy serves as a cautionary tale about the growth-at-all-costs model that underpinned China's spectacular growth over the past 30 years.
2023-08-19 02:26
Furious Chinese investors lodge complaints over trust firm's missed payments
BEIJING Angry investors in trust products of a leading Chinese shadow bank have lodged complaint letters with regulators,
2023-08-18 18:46
ECB to write to Italy raising objections over windfall tax on banks - press
ROME The European Central Bank (ECB) is preparing to send a letter to Italy raising objections about the
2023-08-18 13:53