BLOOMBERG  Large US banks may face a 20% average increase in capital requirements from upcoming rule proposals as the collapse of several smaller lenders this year adds urgency to a push to bolster the industry’s financial strength, according to the Wall Street Journal (WSJ). The revised requirements could be proposed as early as June, and the specific increases will depend ...

BLOOMBERG  The Reserve Bank of India (RBI) may face growing pressure to defend a key level for the rupee as its interest-rate pause looks set to weigh on the currency. The rupee is poised to test the 83-per dollar mark in the near term if the central bank remains on hold and changes its stance to neutral, effectively signaling an ...

ABU DHABI / WAM Abu Dhabi National Insurance Company (Adnic) has partnered with Emirates Nature-WWF and Environment Agency — Abu Dhabi to launch the “Escape Climate Change: Mangrove Edition”, a nature-themed escape room as part of World Environment Day. The launch is part of the COP28 Youth Climate and Nature series, which was inaugurated by a host of senior official ...