Recent Posts

Riksbank’s rate plans draw focus as prices spike

Bloomberg Sweden’s central bank will this week reveal if a buoyant economic recovery and inflation that is heading towards the fastest since 2008 are reason enough to bring forward plans for tightening monetary policy. Economists don’t expect the Riksbank to change its interest rate on Tuesday, while investors are focusing on whether officials reckon the benchmark, now at zero, should ...

Read More »

Most valuable Indian bank plots path to double retail loans

Bloomberg HDFC Bank Ltd, India’s most valuable lender, plans to double the amount of loans it makes to retail borrowers over the next couple years as consumer demand ramps up from a pandemic-induced slowdown. Uncertainty is declining and demand is improving as businesses seek to bolster growth after Covid-19, Arvind Kapil, the bank’s country head for retail assets, said. It’s ...

Read More »

US index futures advance as stock selloff moderates

Bloomberg A selloff in stocks moderated on Tuesday as traders assessed risks from China’s crackdown on the real-estate sector and looked ahead to this week’s Federal Reserve meeting. The Stoxx Europe 600 index climbed more than 1%, rebounding from the biggest drop in two months, with energy companies leading the advance and most industry sectors in the green. Royal Dutch ...

Read More »
Send this to a friend