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More policy tightening could be in store for Indonesia to buoy rupiah

Bloomberg Indonesia’s second interest-rate increase in two weeks may be followed by more policy tightening to stem a slide in the rupiah amid an ongoing rout in emerging markets. While the rupiah strengthened for a fifth day, the central bank isn’t in the clear yet. Much will depend on geopolitical events — from snap elections in Italy to ongoing trade ...

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Eurobank eyes new bond of 500mn euros

Bloomberg Eurobank Ergasias SA may issue new bonds in 2018 and is also crafting a new plan to reduce its exposure to bad loans for period after 2019. The Athens-based lender issued a covered bond in 2017, its first return to debt capital markets since 2014. “We’re considering issuance of another covered or senior bond during the course of 2018,” ...

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Deutsche Bank’s slow bleed continues as a pivotal month begins

Bloomberg Deutsche Bank AG just ended a roller-coaster week. June doesn’t look any less harrowing. Shares of Europe’s largest investment bank are trading near a record low, as short sellers pile on and credit derivative traders once again signal doubts about the firm’s health. It’s part of a painful pattern for the bank and its investors: Another spate of bad ...

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