Deposit growth outpaces credit, pushing lending rates lower
Kathmandu, Aug. 30: Deposits at banks and financial institutions (BFIs) grew significantly faster than private-sector cr...
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FG: Moody’s Change of Nigeria’s Outlook to Positive a Reflection of Positive Impact of Reforms
The federal government has welcomed Moody’s Ratings’ decision to revise Nigeria’s outlook from stable to positive while retaining the country’s long-term...
PFAs’ Exposure to Equities, Government Securities Drops to N23.31tn
Kayode Tokede Pension Fund Administrators (PFAs) reduced their combined exposure to quoted equities and Federal Government securities to N23.31 trillion as of June...
Iceland Counts Votes in Close EU Membership Talks Referendum
Iceland began counting ballots late Saturday after voters took part in a closely contested referendum on whether the country should reopen European Union membership...
UAE Central Bank Probes Banque Misr Over Iran Links
The Central Bank of the United Arab Emirates has launched an urgent investigation into Banque Misrs UAE branches following a U.S. move to restrict the lenders...
NRI deposits help push India’s foreign-exchange reserves to record high
India’s foreign-exchange reserves climbed to a record US$729.33 billion during the week ending August 21, supported by substantial capital inflows and...
Prospera Energy Announces Two-Year Extension of Senior Term Loan and Repricing of Equity Financing
Prospera Energy (TSXV: PEI,OTC:GXRFF) (OTC Pink: GXRFF) ("Prospera", "PEI", the "Corporation", or the "Company") is pleased to announce that it has entered into an...
AP Business SummaryBrief at 8:29 p.m. EDT
Untested in court, Trump's new tariffs on Canada raise legal questions
THE ECONOMIST: Affordability
Over the past few years, costs of living have increased significantly faster than wages, thus creating a major affordability problem for millions of American...
European central bankers fear US moves could jolt markets
Officials worry Washington’s role in a yen intervention and long-bond buybacks may erode policy norms and disrupt markets beyond the US.
HDFC Bank weighing deputy MD Bharucha, outsider for CEO: Report
HDFC Bank is considering Kaizad Bharucha as a potential next CEO. The bank is also seeking an external candidate for the top position. This search follows recent...