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Dearth of deposits pushes China big banks to short-term debt

Bloomberg China’s biggest lenders are increasingly using short-term financing to meet demand for loans, in a de-velopment that could push up money-market rates. The banks are rushing to sell negotiable certificates of deposit, an instrument that sounds like a saving account but is actually more like a bond. Issuance of these by the five largest lenders more than doubled to ...

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Oman central bank eases capital, lending curbs to spur growth

DUBAI / Reuters Oman’s central bank said on Tuesday it is relaxing capital and credit exposure rules for commercial banks and taking other steps to boost lending in a bid to boost economic growth. The Omani economy and financial markets have come under pressure from low oil prices and rising US interest rates, which are closely linked to rial rates, ...

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BOJ is discussing stimulus exit options: Kuroda

Bloomberg The Bank of Japan (BOJ) is talking about how to eventually exit from its massive monetary stimulus program but it’s still too early to reveal details, Governor Haruhiko Kuroda told parliament on Tuesday. “Internally we’re conducting various discussions,” at the staff level, Kuroda said in response to a question from a lawmaker. How the BOJ normalises policy will depend ...

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