Tag: Central bank

2/2 © Reuters. People wearing protective masks visit a main shopping area in Shanghai, China January 21, 2022. REUTERS/Aly Song/Files 2/2 BEIJING (Reuters) – China’s economy remains resilient despite rising uncertainties caused by the Ukraine crisis, the country’s state planner said on Monday. China will enhance policy coordination and speed up the roll-out of policies…

© Reuters. FILE PHOTO: The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas/File Photo By Andrea Shalal and David Lawder WASHINGTON (Reuters) -The International Monetary Fund on Saturday said it expected to bring Ukraine’s request for $1.4 billion in emergency financing to its board…

2/2 © Reuters. A customer buys vegetables at a stall inside a morning market in Beijing, China January 14, 2022. REUTERS/Tingshu Wang 2/2 By Kevin Yao and Ryan Woo BEIJING (Reuters) -China on Saturday targeted slower economic growth of around 5.5% this year as headwinds including an uncertain global recovery and a downturn in the…

The economic fallout of the Russian invasion of Ukraine is hitting hard in Asia. Real Money’s Alex Frew McMillan recently assessed where the pain is likely to be worst. “The high-flying Indian stock market has lost its way in the last five weeks, and risks further falls as the Indian economy suffers the fallout from…

3/3 © Reuters. A view shows a street hosting banks and financial institutions, known as Banks Street, in Beirut Central District, Lebanon August 22, 2019. REUTERS/Mohamed Azakir 2/3 BEIRUT (Reuters) -A U.S. Treasury delegation urged Lebanese authorities to mount investigations into what it described as abuses within the Lebanese banking system by members of the…

© Reuters. A sign for the Royal Bank of Canada in Toronto, Ontario, Canada December 13, 2021. REUTERS/Carlos Osorio By Nichola Saminather TORONTO (Reuters) -Royal Bank of Canada, Toronto-Dominion Bank and Bank of Montreal said on Wednesday they will raise their prime lending rates for the first time since October 2018, after the Bank of…

There’s a lot of doom and gloom crossing our screens these days, Jim Cramer told his Mad Money viewers Tuesday. But when it comes to your portfolio, it’s important to remember that stocks have been falling since November, and that makes us a lot closer to the bottom than to the top. The world hasn’t…

© Reuters. FILE PHOTO: Japan’s vice minister of finance for international affairs, Masato Kanda, poses for a photograph during an interview with Reuters at the Finance Ministry in Tokyo, Japan January 31, 2022. REUTERS/Issei Kato By Takaya Yamaguchi and Tetsushi Kajimoto TOKYO (Reuters) -Japan is working closely with G7 nations to ensure effective economic sanctions…

© Reuters. Swift logo is placed on a Russian flag are seen in this illustration taken, Bosnia and Herzegovina, February 25, 2022. REUTERS/Dado Ruvic/Illustration WASHINGTON (Reuters) – The SWIFT international payments system said on Saturday it was preparing to implement Western nations’ new measures targeting certain Russian banks in coming days. “We are engaging with…

© Reuters. FILE PHOTO: A picture illustration shows rolled Russian rouble banknotes on a table in Warsaw, Poland, January 22, 2016. REUTERS/Kacper Pempel By Tommy Wilkes, John McCrank and Huw Jones LONDON/NEW YORK (Reuters) – The United States, Britain and European Union ratcheted up sanctions against Moscow on Saturday as Russia continued its assault against…