A man counts Indian currency notes inside a shop in Mumbai, India, August 13, 2018. REUTERS/Francis Mascarenhas/File Photo Acquire Licensing Rights MUMBAI, Nov 30 (Reuters) – The Indian rupee is expected to open little changed on Thursday as persistent dollar demand countered increasing confidence that the U.S. Federal Reserve will …
Read More »Dollar drifts near three-month low, focus on inflation data
A New Zealand dollar coin sits atop a United States one dollar bill in this photo illustration taken on March 11, 2016. REUTERS/David Gray/Illustration/File Photo Acquire Licensing Rights SINGAPORE, Nov 30 (Reuters) – The dollar was rooted near a three-month low on Thursday and was set to post its steepest …
Read More »China’s Xi visits financial hub Shanghai
Chinese President Xi Jinping attends the Leaders Retreat at the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco, California, U.S., November 17, 2023. REUTERS/Kevin Lamarque Acquire Licensing Rights SHANGHAI, Nov 29 (Reuters) – China President Xi Jinping visited Shanghai, where he went to several venues and learned about the city’s …
Read More »Most Canadian financial institutions skeptical on digital C$ -BoC
A Canadian dollar coin, commonly known as the “Loonie”, is pictured in this illustration picture taken in Toronto, January 23, 2015. REUTERS/Mark Blinch/File Photo Acquire Licensing Rights OTTAWA, Nov 29 (Reuters) – Most financial institutions consulted by the Bank of Canada (BoC) expressed skepticism about the benefits of a potential …
Read More »Brazilian meatpacker JBS mulls more investments in Saudi Arabia
The logo of Brazilian meatpacker JBS SA is seen in the city of Jundiai, Brazil June 1, 2017. Picture taken June 1, 2017. REUTERS/Paulo Whitaker/File Photo Acquire Licensing Rights SAO PAULO, Nov 29 (Reuters) – J&F, parent company of food processor JBS SA (JBSS3.SA), said on Tuesday the meat giant …
Read More »Digital bank robberies key risk for central bank e-money, BIS report warns
A man types into a keyboard during the Def Con hacker convention in Las Vegas, Nevada, U.S. on July 29, 2017. REUTERS/Steve Marcus/File Photo Acquire Licensing Rights LONDON, Nov 29 (Reuters) – Digital bank robberies and other cyber hacks will be a key risk for countries launching digital versions of …
Read More »S.Africa’s cenbank says systemic risk to country’s financial stability remains elevated
The logo of South Africa’s central reserve bank is seen during the delivery of a keynote address by South Africa’s central bank governor, Lesetja Kganyago, at the University of the Witwatersrand in Johannesburg, South Africa, November 1, 2022. REUTERS/Siphiwe Sibeko/File Photo Acquire Licensing Rights JOHANNESBURG, Nov 29 (Reuters) – South …
Read More »Bonds bask in talk of Fed interest rate cuts
[1/2]A trader works at his desk at the stock exchange in Frankfurt, Germany, January 21, 2016. REUTERS/Kai Pfaffenbach/File Photo Acquire Licensing Rights Two-year Treasury yields hit 4-month low Euro zone sovereign bond yields fall Euro STOXX 600 adds 0.4%, German shares lead Dollar slides broadly; Gold hits 7-month high Global …
Read More »India approves new finance panel to suggest sharing of federal taxes
India’s Information Minister Anurag Thakur addresses a news conference after welcoming delegates to G20 finance officials meeting near Bengaluru, India, February 22, 2023. REUTERS/Samuel Rajkumar Acquire Licensing Rights NEW DELHI, Nov 28 (Reuters) – The Indian government on Tuesday approved the setting up of a new Finance Commission that will …
Read More »As global rates turn, banks in India and Indonesia set to win
SINGAPORE, Nov 29 (Reuters) – As Asia’s banking sector navigates a peak in global interest rates and risks of slower growth, investors are wagering that banks in India and Indonesia have the strongest loan and profitability profiles to provide returns next year. Over the past 18 months Asian central banks …
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