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Banks
India’s c. bank net income soars 141%
The RBI's net income for the financial year ending March 2024 surged by 141 per cent to 2.11 trillion rupees…
Japan shifts focus to long-term solutions
Japanese policymakers are focusing on structural economic reforms to tackle the yen's weakness, which recently…
Egypt’s c. bank offers EGP 45b in T-bills
The Central Bank of Egypt (CBE) is offering 45 billion Egyptian pounds in treasury bills (T-bills) on Thursday.
BOJ contributes record $13.8b to govt.
The Bank of Japan (BOJ) contributed a record ¥2.17 trillion ($13.8 billion) to the government in fiscal 2023.
Expobank completes sale of HSBC’s Russian operations
HSBC has finalised the sale of its Russian unit to Expobank, ending two years of negotiations, Reuters reported on…
CBR key rate falls short of ’24 inflation target – VTB official
The Central Bank of Russia's (CBR) current key interest rate of 16 per cent is insufficient to reduce inflation to…
BOJ hints rate hike as yen falls
The Bank of Japan (BOJ) is signaling a potential shift in its ultra-loose monetary policy as a weakening yen raises…
ECB Set to Cut Rates in June – Reuters Poll
A European Central Bank interest rate cut on June 6 is widely anticipated, with a majority predicting two…
S. Arabia raises $5b in sukuk
Saudi Arabia has successfully raised $5 billion through the issuance of dollar-denominated sukuk, aiming to address…
IMF raises China’s GDP growth forecast to 5% in ’24
The International Monetary Fund (IMF) raised China's 2024 economic growth forecast to five per cent due to a strong…
