Friday , 26 December 2025

Recent Posts

China cuts rates, adds $21.4b in liquidity as markets sink

Bloomberg China’s central bank took its first concrete steps to cushion the economy and plunging markets from the blow of a spreading new virus, providing short-term funding to banks and cutting the interest rate it charges for the money. The People’s Bank of China (PBOC) added a net 150 billion yuan ($21.4 billion) of funds on Monday using 7-day and …

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Indonesia takes ‘bold’ steps to shield rupiah from virus shock

Bloomberg Indonesia’s central bank is taking “bold” steps to guard the nation’s currency and bonds as mounting concerns about the economic impact of the novel coronavirus epidemic trigger a selloff by foreign investors. Bank Indonesia is intervening in the bond, currency and non-deliverable forwards markets to protect the rupiah, Nanang Hendarsah, the central bank’s executive director for monetary management, said …

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Greenpeace ‘targeted’ by Credit Suisse for protest

Bloomberg Credit Suisse targeted Greenpeace after the environmental group staged a dramatic protest at one of the bank’s events, according to newspaper Sonntagszeitung. After the group’s activists abseiled from the ceiling and unfurled a banner over the podium at the annual shareholder meeting in 2017, Credit Suisse got on Greenpeace’s e-mail distribution list of upcoming protests. The bank then set …

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