Bloomberg The two Indian banks which will be merged into Bank of Baroda saw their share prices plunge in reaction to news of the terms of the deal. The share swap ratio has been set at 110 Bank of Baroda shares for every 1000 shares in Dena Bank, and 402 Bank of Baroda shares for 1000 shares of Vijaya Bank, …

Bloomberg China’s central bank took a further step to secure liquidity to the slowing economy, amid investor jitters over the outlook and expectations that more easing moves are in the pipeline. The amount of cash lenders must hold as reserves will be cut by 1 percentage point, dropping by 0.5 percentage point on January 15 and a further 0.5 percentage …

Bloomberg Oil started 2019 with another price slide as weaker Chinese manufacturing data pointed to slowing demand in the world’s second-biggest consumer of the fuel and to growing risks of a global crude surplus. Futures declined 1.6 percent in New York after a turbulent 2018 that saw volatility soar in its final weeks as concerns over the US-China trade dispute …