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Bloomberg The European Central Bank (ECB) will almost certainly announce new stimulus measures at its …
Read More »ECB set to increase dose of monetary medicine
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4 more foreign banks get Myanmar licence
Yangon / AFP Four more foreign banks have been given preliminary approval to operate in …
Read More »Negative interest rates are working just fine, says BIS
Bloomberg Negative interest-rate policies currently in use by central banks around the world have worked …
Read More »Cross-border banks get more resilient with local deposits
BLOOMBERG Banks that finance their operations abroad with wholesale, cross-border or cross-currency funding are amplifying …
Read More »Fed proposes caps on US banks’ dealings with one another
Bloomberg Wall Street giants such as JPMorgan Chase & Co., Goldman Sachs Group Inc. and …
Read More »USA’s regional airlines reel under pilot paucity
New York / AFP Mid-sized and regional airlines in the US are suffering from a …
Read More »Embraer quarterly profit mired in Republic provision
Brasilia / BLOOMBERG Embraer SA reported fourth-quarter profit that fell short of analysts’ estimates as …
Read More »Lotte shareholders vote in support of Shin
TOKYO / Bloomberg Shareholders of Tokyo-based Lotte Holdings Co., a key unit of Korean-Japanese retail …
Read More »TPG to write down J Crew stake by 84pc as revival hopes dim
Bloomberg David Bonderman’s TPG Capital cut the value of its stake in struggling clothing retailer …
Read More »Cathay Pacific seen posting wider hedging loss as oil prices dip
Hong Kong / Bloomberg Crude oil’s plunge to the cheapest level in more than a …
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