Bloomberg Signs of a recovery for India’s troubled shadow banks have taken a step backward as concerns reemerged about the true impact of the pandemic on the lenders. Average spreads on the lenders’ AAA rated five-year bonds rose for the first time in four months in September. Of three other gauges tracking shadow bank sector health compiled by Bloomberg, two ...

Bloomberg The Bank of Japan (BOJ) will keep policy steady at its meeting next week and extend the duration of its Covid response measures by January at the latest, according to surveyed economists. All but one of 43 analysts polled by Bloomberg expect the central bank to stand pat at the two-day gathering ending on October 29. The economists see ...

Bloomberg The European Central Bank (ECB) must question whether mirroring the composition of the bond market in its asset purchases is appropriate in light of climate risks, according to President Christine Lagarde. Her argument centers on whether investors are correctly pricing bonds issued by polluting companies. With the European Union pushing an aggressive agenda to make the continent climate-neutral by ...