Indian cenbank seeks greater transparency in interest rates of floating rate retail loans
MUMBAI The Reserve Bank of India (RBI) on Thursday said it will put in place a framework to
2023-08-10 14:26
Trucking firm Yellow explores alternate bankruptcy loans
By Dietrich Knauth NEW YORK (Reuters) -Bankrupt trucking company Yellow Corp will not seek court approval to borrow $142.5 million
2023-08-10 04:00
Russia abandons budget rule in effort to save tanking rouble
By Alexander Marrow and Elena Fabrichnaya MOSCOW Russia effectively abandoned its budget rule on Wednesday as the central
2023-08-10 00:17
Italy waters down windfall tax on banks
The announcement prompted a rebound in the share prices of Italy's lenders.
2023-08-09 23:48
Analysis-Italian government's raid on banks undermined by confusion
By Angelo Amante and Valentina Za ROME A drive to shore up its political base and appeal to
2023-08-09 23:21
European bank stocks bounce as Italy softens windfall tax blow
Banking stocks in Italy and elsewhere in Europe rebounded Wednesday after the country watered down a plan to whack its banks with a surprise one-off 40% tax on their windfall profits.
2023-08-09 20:22
World Bank halts new lending to Uganda over anti-LGBTQ law
By Andrea Shalal and Kanishka Singh WASHINGTON (Reuters) -The World Bank said on Tuesday it would halt new lending to
2023-08-09 15:18
Italy sets 0.1% cap for new bank tax after market rout
ROME Italy has set a cap at 0.1% of total bank assets for the new tax targeting profits
2023-08-09 14:27
Thai growth forecasts may need to be revised down - central bank chief
BANGKOK Thailand's economy continues to recover, helped by tourism and consumption, though the growth forecast may need to
2023-08-09 10:59
PE firm KKR acquires $373 million portfolio of Synovus Bank's prime auto loans
Private equity giant KKR said on Tuesday it had acquired a $373 million portfolio of prime auto loans
2023-08-09 05:55
Teamsters union pushes for US bankruptcy reform after Yellow's collapse
By Dietrich Knauth NEW YORK The International Brotherhood of Teamsters on Tuesday called for changes to U.S. bankruptcy
2023-08-09 05:55
Moody's says US banks are still strong despite downgrades
By Lananh Nguyen and Tatiana Bautzer NEW YORK Ratings agency Moody's said the U.S. banking sector is still
2023-08-09 04:48