Tag: Economy

© Reuters. The financial district is seen shrouded by haze in Singapore September 18, 2019. REUTERS/Feline Lim/Files By Alun John HONG KONG (Reuters) – Asian financial regulators should do more to support large-scale trials of “tokenised securities”, an industry body said on Thursday, since banks and technology firms’ current experiments are stuck in different silos,…

© Reuters. FILE PHOTO: A combination file photo shows Wells Fargo, Citibank, Morgan Stanley, JPMorgan Chase, Bank of America and Goldman Sachs from Reuters archive. REUTERS/File Photo By David Henry and Pete Schroeder WASHINGTON (Reuters) -The country’s largest lenders are poised to start issuing as much as $130 billion in dividends and stock buybacks from…

© Reuters. FILE PHOTO: A sign is pictured outside the Bank of Canada building in Ottawa, Ontario, Canada, May 23, 2017. REUTERS/Chris Wattie/File Photo By Fergal Smith TORONTO (Reuters) – With fiscal spending booming and households flush with cash, investors are betting that the Bank of Canada’s next tightening cycle, expected to begin in 2022,…

BEIJING, June 17, 2021 /PRNewswire/ — China International Capital Corporation Limited (CICC, 3908. HK, 601995. SH) is pleased to announce that it held the “Investment Strategy Conference 2H21” yesterday and issued the 2H21 macroeconomic and strategy outlook reports. Dr. Peng Wensheng, CICC’s Chief Economist, Head of Research Department and Executive Dean of CICC Global Institute,…

© Reuters. FILE PHOTO: The Central Business District (CBD) skyline is pictured at sunset in Sydney, Australia, June 4, 2021. REUTERS/Loren Elliott By Paulina Duran SYDNEY (Reuters) – Australia’s banking watchdog has asked the country’s big banks to give assurances they are lending responsibly and managing risks in their home loan books amid sky-rocketing house…

© Reuters. FILE PHOTO: A sailing boat can be seen in front of the central business district (CBD) of Wellington in New Zealand, July 2, 2017. REUTERS/David Gray By Praveen Menon WELLINGTON (Reuters) – New Zealand’s economic growth swept past forecasts in the first quarter on the back of a housing boom and strong retail…

© Reuters. FILE PHOTO: The headquarters of the European Central Bank (ECB) in Frankfurt, Germany, March 12, 2016. REUTERS/Kai Pfaffenbach By Marc Jones LONDON (Reuters) – A digital euro could suck away 8% of euro zone banks’ customer deposits, analysts at Morgan Stanley (NYSE:MS) have estimated, although the share may be far higher in some…

© Reuters. FILE PHOTO: International Monetary Fund (IMF) Managing Director Kristalina Georgieva arrives at the Grand Palais Ephemere for the Financing of African Economies Summit, at the Champs de Mars in Paris, France May 18, 2021. Ian Langsdon/Pool via REUTERS By Marc Jones LONDON (Reuters) – Efforts to restructure unsustainable debt burdens in some of…

© Reuters. British Prime Minister Boris Johnson, U.S. President Joe Biden, France’s President Emmanuel Macron, Canadian Prime Minister Justin Trudeau, Japanese Prime Minister Yoshihide Suga, President of the European Council Charles Michel, Italian Prime Minister Ma By Elizabeth Piper and William Schomberg CARBIS BAY, England (Reuters) -G7 leaders agreed on Sunday to raise their contributions…

© Reuters. FILE PHOTO: FILE PHOTO: A health worker talks to her colleagues as they prepare to receive the AstraZeneca/Oxford vaccine under the COVAX scheme against coronavirus disease (COVID-19) at the Kenyatta National Hospital in Nairobi, Kenya March 5, 2021. REUT By Duncan Miriri NAIROBI (Reuters) – Kenya has received a $750 million loan from…