Finance

Sri Lanka to present debt restructuring, IMF bailout plans to creditors

Crisis-hit Sri Lanka will make a presentation to its international creditors on Friday, laying out the full extent of its…

3 years ago

JPMorgan upbeat on Greek banks, upgrades Piraeus to ‘overweight’

JPMorgan upgraded Piraeus Bank (BOPr.AT) to "overweight" and said it was positive on Greece's four big banks in a research report published…

3 years ago

Exclusive: Flurry of new rules leave Turkish banks struggling to lend

Some Turkish banks are curtailing corporate lending after the government's latest raft of regulations raised their costs and forced many…

3 years ago

Exclusive: German economy ministry reviews measures to curb China business

Germany's economy ministry is considering a raft of measures to make business with China less attractive as it seeks to…

3 years ago

EXCLUSIVE Sea’s Shopee shuts operations in Argentina, Chile, Colombia, Mexico -sources

Sea Ltd's (SE.N) e-commerce arm told employees on Thursday it was shutting local operations in Chile, Colombia and Mexico, and leaving Argentina…

3 years ago

Analysis: Sterling returns to the 1980s, and it may get cheaper still

Sterling's slide against the dollar to a rate last seen in 1985 has sparked talk of a dramatic spiral downwards…

3 years ago

FOREX Euro holds above 2-decade low before ECB decision

The euro was hovering above Tuesday's two-decade low on Thursday as investors awaited a policy decision from the European Central…

3 years ago

Morning Bid: The 75bp club

Most of world's major central banks are now going up a gear with historically sweeping interest rate rises to cool…

3 years ago

Top European bankers warn on recession, China and U.S. banks

Deutsche Bank (DBKGn.DE) chief Christian Sewing, painting a bleaker assessment of the German economy, warned on Wednesday that China was a considerable…

3 years ago

Analysis: Europe’s banks dim lights as they brace for winter blackout

Some of Europe's biggest banks are preparing back-up generators and to dim the lights as they brace for potential power…

3 years ago