Foreign bank market

REITs in August: Foreign investors pump Rs 22,452 crore into Indian stocks this month on easing inflation fears

After becoming net buyers last month, foreign investors turned aggressive buyers of Indian stocks and invested Rs 22,452 crore in the first two weeks of August amid easing inflation fears . This was far more than a net investment of nearly Rs 5,000 crore by foreign portfolio investors (REITs) during …

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What Britain is aiming for in a post-Brexit city

Placeholder while loading article actions In the 1980s, the “Big Bang” of London revolutionized stock trading and brought it to the forefront of global financial markets. Following Britain’s departure from the European Union in 2020, the government is yearning for a different kind of ‘Big Bang’: scrapping EU rules it …

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Live Updates: Russia To Suspend Inspections Of Its Nuclear Weapons Under Treaty With US

This week offers one of Africa’s most significant votes this year as Kenyans head to the polls on Tuesday to choose a new president. The contest pits current Vice President William Ruto, 55, against Raila Odinga, a 77-year veteran of those campaigns who is in his fifth attempt at the …

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Taiwanese Apple supplier battles activists over $4 billion in cash

A Taiwan-based Apple supplier is battling an international investor over its multibillion-dollar cash in a case that signals booming shareholder activism in the territory. Catcher Technology, which makes electronics enclosures for Apple devices made in China, is being challenged by Hong Kong-based investment firm Argyle Street Management to improve its …

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RBI intervention in FX market expected to be limited: IMF

NEW DELHI: The International Monetary Fund (IMF) said on Thursday that RBIForeign exchange market intervention should be limited to remedying disorderly market conditions and exchange rate flexibility should act as the main shock absorber. The IMF has said that India’s official foreign exchange reserves are sufficient for precautionary purposes and …

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Live updates: Inflation in Turkey hit 79.6% in July

©Bloomberg The Molson Coors chief executive said cost inflation was now his biggest concern after the US brewer saw a further rise in prices for inputs like barley, aluminum and freight. This uptrend took away some of the shine from consumer demand that otherwise seemed resilient despite broader concerns about …

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Union Bank and 24 others end the bears’ domination of the stock market

By Dipo Olowookere The first six months of 2022 have been very good for Wema Bank despite the difficult operating environment caused by inflationary pressures, high energy costs, foreign exchange (FX) crisis and others. The lender, which prides itself on pioneering Africa’s first all-digital bank, has shown resilience, affirming the …

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Dollar wallows near 6-week low against yen in bid to slow Fed hikes

A currency trader counting US dollar banknotes at a foreign exchange market in Karachi. The dollar languished near a six-week low against the yen amid a sharp drop in Treasury yields after investors interpreted a shrinking US economy as more reason for the Federal Reserve to loosen its foot tightening …

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reported delays under Central Bank regulations

In February 2022, the Central Bank of Nigeria launched the RT200 FX initiative as part of a US$200 billion foreign exchange repatriation program. Mainly targeting non-oil exports, Nigerian companies can apply for a rebate if foreign exchange earnings are repatriated to increase the liquidity of funds in the West African …

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Trade charged in rupees can be paid

The hegemony of the main hard currencies – the dollar, the pound, the euro and the yen – as trade invoicing currencies is well known. In particular, regardless of origin and destination, countries’ exports and imports tend to be denominated in these currencies, led by the US dollar. There is …

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EXCLUSIVE India’s central bank ready to spend $100 billion more to defend the rupee – source

The seal of the Reserve Bank of India (RBI) is pictured on a door outside the RBI’s head office in Mumbai, India February 2, 2016. REUTERS/Danish Siddiqui Join now for FREE unlimited access to Reuters.com Register MUMBAI/NEW DELHI, July 20 (Reuters) – India’s central bank is ready to sell a …

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Finance Ministry Clarifies Rupee Depreciation, According to Responsible Global Factors

The Ministry of Finance on Monday referred to the depreciation of the rupee in a response to Lok Sabha. He acknowledged that the Indian rupee fell to historic lows against the US dollar in June. “Global factors such as the Russian-Ukrainian conflict, soaring crude oil prices and tighter global financial …

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The big flaw? The dozen countries in danger zone

LONDON, July 15 (Reuters) – Traditional signs of a debt crisis, falling currencies, 1,000 basis point bond spreads and depleted foreign exchange reserves indicate that a record number of developing countries are now in trouble. Lebanon, Sri Lanka, Russia, Suriname and Zambia are already in default, Belarus is on the …

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How the RBI creates the conditions for foreign flows to return to India

The RBI announced five measures on July 6 to further liberalize foreign exchange. The measures aim to create a more conducive environment to attract dollars through bank deposits, ECB, FPI TopicsRBI | Foreign portfolio investor | REIT entries Bhaskar Dutta | Bombay Last Updated Jul 13, 2022 …

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Should I switch to a digital-only bank?

A growing number of young people are choosing digital-only banks such as Revolut and N26 over traditional banks. But despite their growing popularity, 97% of Irish people still do their main current account through a traditional retail bank. There are great benefits to these so-called “challenger” banks, like lower fees …

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Colombians look to Miami as Gustavo Petro’s election sparks capital flight fears

Real estate companies in Miami reported an increase in requests from Colombians wanting to transfer money out of their country and buy property in the United States after the victory of Gustavo Petro, the country’s first truly left-wing president, last month. . Colombians are asking about existing homes, suggesting they …

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Share Market LIVE: SGX Nifty Hints at Early F&O Expiry Spread; RBI moves to shore up forex, stem rupee slide

Share market news today | Sensex, Nifty, LIVE Stock Quotes: Domestic stock markets soared on Wednesday as bulls took over Dalal Street. The S&P BSE Sensex opened in the green and closed up 616 points or 1.16% at 53,750 while the NSE Nifty 50 index closed up 178 points or …

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Important Information for July 5 Stock Trading Strategy

Benchmarks for Indian stocks are expected to open higher on Tuesday, as indicated by Nifty Futures traded on the Singapore Stock Exchange. The Nifty Futures on Singapore Exchange, also known as SGX Nifty Futures, rose 47 points or 0.3% to hit 15,870. The benchmark BSE Sensex climbed 326.84 points on …

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China’s so-called Warren Buffett haunted by Fosun’s $40 billion debt

Chinese billionaire Guo Guangchang, whose global empire includes French resort group Club Med, Portugal’s biggest bank and English football club Wolverhampton Wanderers, was among the last men standing. A decade ago, Guo’s Fosun along with conglomerates HNA, Dalian Wanda, CEFC and Anbang sparked a boom in offshore Chinese investment, but …

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Column: Dollar reserves shock from weather sanctions: Mike Dolan

U.S. dollar banknotes are shown in this illustration taken February 14, 2022. REUTERS/Dado Ruvic/File Photo Join now for FREE unlimited access to Reuters.com Register LONDON, July 1 (Reuters) – The weaponization of foreign currency holdings by Western governments that froze Russian assets after Moscow invaded Ukraine does not appear to …

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9.36 billion transactions worth Rs 10.25 lakh cr processed in Q1 2022 via digital payments: report

India reported 9.36 billion transactions worth Rs 10.25 lakh crore processed through payment methods like credit and debit cards, prepaid payment instruments (PPI) like mobile wallets and prepaid and UPI P2M (person-to-merchant) cards, said payments industry leader Worldline in a report on digital payments in the first quarter of 2022. …

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Why does it make sense for Indian investors to diversify into US stocks?

By Raj Gandhi Investing around 15-20% of your portfolio in US markets is a good investment strategy against two major risks: rupee depreciation and inflation. It also works well for aligning financial goals with future dollar goals — higher education for kids, destination wedding, international vacations, buying real estate overseas. …

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Explained: What exiting the REIT market means

Sustained capital market outflows have confused stock markets and led to a weakening of the rupiah amid rising inflation across the globe. As the US Federal Reserve prepares to raise rates further, outflows are expected to continue, which will put pressure on the Indian currency. Why is capital flowing out? …

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Markets fall after 2-day break on weakness in Asian markets

US markets posted smart gains on Tuesday US markets posted smart gains on Tuesday The Sensex and Nifty started trading on a muted note on Wednesday and slipped into negative territory after a two-day break, following weak trends in Asian markets. The incessant outflows of foreign funds have also played …

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PSE index rises slightly amid peso weakness

THE MAJOR INDEX edged higher on Monday amid weak trading, with the peso closing at 54 pesos to the dollar and US markets closed for a holiday. The benchmark Philippine Stock Exchange Index (PSEi) rose 2.38 points or 0.03% to close at 6,333.94 on Monday, while the broader all-stock index …

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IMF Says Black Market Currency Premium Limits Benefits of Increased Exports

The International Monetary Fund (IMF) said the improving trade balance has limited impact on foreign exchange (FX) stress, with parallel market FX premiums remaining in the 35-40% range since October 2021 . This was revealed during IMF staff meetings with the Nigerian authorities from June 6-10, 2022, to discuss recent …

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Live updates: Barr says Trump was ‘detached from reality’ when he claimed election victory

Prepare to remember past scandals and war, which still resonate today. Tuesday is the fifth anniversary of the fire that engulfed Grenfell Tower in west London, revealing gaps in the building’s cladding and triggering a crisis for apartment owners across the UK that continues to generate repercussions. It is also …

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Israel bristles as Norway imposes labels for products from West Bank and Golan Heights

Norway announced that Israeli agricultural products from the West Bank, East Jerusalem and the Golan Heights must be labeled with their place of origin, prompting a rebuke from Israel. In a statement announcing the move, Norway’s Foreign Ministry noted a 2019 ruling by the European Union’s highest court requiring products …

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Gulf stocks fall as inflation fears hit sentiment

June 7 (Reuters) – Middle Eastern stock markets ended lower on Tuesday, trailing global equities, as rising inflation and a looming economic slowdown dampened investor sentiment. MSCI’s benchmark for global stocks (.MIWD00000PUS) fell 0.3% to 650 points at 0843 GMT, weighed by early morning losses in Europe and earlier weakness …

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Banking on Asia | The star

KUALA LUMPUR: Malaysia is a key market for London-headquartered Standard Chartered (StanChart) plc banking group and has an important role to play in the lender’s overall Asian growth strategy. Chief Executive Officer (CEO) for Asia, Benjamin Hung, said that after Singapore, Hong Kong, China and India, which remained the group’s …

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Turkish inflation hits highest rate since 1998 at 73.5%

DUBAI: The culture of charitable giving in Saudi Arabia has been held up as an outstanding example of “strategic philanthropy” by a new report from the Center for Strategic Philanthropy at the Judge Business School at the University of Cambridge in the UK. The report, titled System Change in Philanthropy …

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Garanti BBVA renews its syndicated loan with a focus on social criteria

Two years ago, Garanti BBVA launched the world’s first syndicated loan based on environmental, social and governance (ESG) criteria. It is continuing its pioneering practices in sustainable finance by renewing this loan, which is now indexed on social criteria. The loan will be used to finance foreign trade activities and …

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FirstFT: China suffers a setback on its regional security plan

Hello. This article is an on-site version of our FirstFT newsletter. Subscribe to our Asia, Europe/Africa Where Americas edition to send it straight to your inbox every weekday morning China has suffered its first setback in an escalating tussle with Western powers for dominance in the Pacific islands after failing …

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Commodities will be the next market to succumb

Placeholder while loading article actions Equities fell into near-bearish territory. Bonds suffered sharp price declines. Foreign currencies nosedived against the US dollar. Cryptocurrencies, SPACs and other speculation collapsed. But commodities have been on a tear. The Bloomberg Commodity Spot Index has jumped 33% this year, with energy, metals and agriculture …

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Why is Tether still trading below a dollar?

Text size Holders of the digital token, called USDT, did not suffer like those who invested in TerraUSD. Aivaras Sakuravas/Dreamstime.com Tether, creator of the world’s largest stablecoin, hasn’t kept control of its one-dollar target for the better part of two weeks. Crypto investors ignore this at their peril. Certainly, holders …

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Turkey tightens investment in foreign citizenship from June

Lebanon’s government shifts to interim mode amid calls to speed up economic recovery plan BEIRUT: The term of Lebanon’s newly elected parliament begins on Sunday amid warnings that any delay in the country’s economic recovery plan will come at a high cost. The term of the previous legislature expired on …

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Live Updates: Biden and the Russo-Ukrainian War News

LONDON — After sanctions hampered production at its Kaliningrad assembly plant, Russian automaker Avtotor announcement a lottery for free 10-acre plots of land – and the ability to buy seed potatoes – so employees can grow their own food in the westernmost fringe of the Russian Empire during “the economic …

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China stops reporting bond transactions by foreigners after sell-off

(Bloomberg) – China’s leading bond trading platform for foreign investors has quietly stopped providing data on their trades, a move that could raise transparency concerns in the $20 trillion debt market dollars after record outflows. Bloomberg’s Most Read Daily exchanges of foreign investors were last provided on May 11 by …

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A weakening balance sheet may explain Rbi’s latest rate actions

For RBI, May 4 marked a significant event, given the deterioration of its balance sheet, which would impact its day-to-day operations, including currency management. As is known, the issuance department of RBI almost entirely backs up the currency in circulation with foreign investments, which are usually valued at market price …

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Internet stocks rally, China weight to rise in MSCI EM, week in review

China last night KraneActions Review of the week Asian stocks had another week of turbulent trading as the market continues to assess risk, although mainland China held up better than most Asian markets this week and some markets were closed earlier in the week. . Mainland media source Yicai Global …

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China could take on more debt as lockdowns hit economy

Covid lockdowns have hit the Chinese economy, and the Asian giant may need to issue more debt to continue meeting its growth target. Kevin Frayer | Getty Images News | Getty Images China may have to issue more debt as it tries to keep growing in the face of Covid …

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RDA inflows top $4 billion through April 2022

KARACHI: The country has received over $4 billion through the Roshan Digital Account (RDA) through the end of April 2022, providing support for dwindling foreign exchange reserves. The RDA reached $4.2 billion from September 2020 to April 2022, data from the State Bank of Pakistan (SBP) showed on Monday. In …

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Rishi Sunak can fight recession risks with cost-of-living support package | Larry Elliot

LLess than three months after Russian troops crossed the Ukrainian border, the economic implications of the war are gradually being felt. There have been other conflicts since 1945, but it is hard to imagine one that had such a dramatic and sudden impact. The only real comparison is with the …

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Why Indonesia resisted this year’s global sale

Indonesia is among the world’s best-performing emerging markets this year, as global stock investors crowd into a market boosted by commodity exports and a huge domestic consumer base. The MSCI Indonesia index is up about 12% in dollar terms this year through Thursday, while the benchmark compiler’s broader emerging markets …

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Explainer: after Russia swerved to avoid default. What is the next? | Business and economy

Russia may have averted default by announcing it had made several overdue dollar payments on its overseas bonds, shifting market focus to upcoming payments and the possibility of avoiding a default. historical. Russia’s $40 billion in international obligations and the risk of default have become the focus of global financial …

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Shell agrees to buy Sprng Energy for $1.55 billion

Energy giant Shell Plc on Friday agreed to buy Sprng Energy, the Indian renewable energy platform of Actis Llp, for an enterprise value of $1.55 billion, expanding its footprint in the country. which is navigating a massive energy transition. Sprng Energy has 2.1 gigawatts (GW) of operational renewable energy projects …

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Stock market falls 51 billion shillings in three weeks

Capital markets Stock market falls 51 billion shillings in three weeks Wednesday, April 27, 2022 Nairobi Stock Exchange trading room. FILE PHOTO | NMG By ELIZABETH KIVUVAMore from this author Summary Investors at the Nairobi Securities Exchange (NSE) have seen their paper wealth shrink by 51 billion shillings since the …

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Foreign inflows into domestic bonds dried up to zero in April

KARACHI: Foreign investment inflows into domestic bonds have remained flat in April so far despite over 13% risk-free returns. Bankers said the country had paid a heavy price for political uncertainty over the past two months, which also saw massive outflows of Pakistani investment bonds (GDPs) and treasury bills. The …

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Oil prices rise as demand and supply issues weigh

HONG KONG: Oil prices rebounded on Thursday after a day of demand losses linked to Covid-19 lockdowns in China as markets in Hong Kong and Shanghai fell sharply. Ongoing restrictions in the East Asian country, including in the main economic hub of Shanghai – where millions of people remain confined …

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Live updates: Russia plans legal challenge to frozen reserves, central bank says

European stocks opened lower after Russia launched a new offensive in Ukraine while the World Bank cut its forecast for global growth, citing the inflationary effects of the war. The Stoxx 600 stock index fell 0.7% in early trading on Tuesday, while London’s FTSE 100 edged down 0.1% and Germany’s …

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Stocks rally 2,157 points after government change – Reuters

KARACHI: Bulls took over the stock market in the outgoing week after certainty returned to the political arena. According to Arif Habib Ltd, the new coalition government has started working to tackle the serious problems facing the economy, which has led to positive momentum in the national stock market. Additionally, …

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academics look at the issue of migrants

International migration to South Africa, particularly in relation to the labor market, is a hotly debated topic. We, the undersigned Migration Specialists, want to share relevant information on this important topic. Our work shows that international migrants represent only a small percentage of the South African population and that the …

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Canada blocks foreign buyers for two years

Canada has imposed a two-year ban on most overseas property purchases in a bid to calm a market that has left buyers desperate as to whether they could ever step onto the market ladder. lodging. The ban and other actions taken by Prime Minister Justin Trudeau’s government last week highlighted …

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Central Bank: Sri Lanka can overcome economic crisis provided Central Bank is allowed to operate independently: Governor

COLOMBO: Expressing the confidence needed to overcome the unprecedented economic crisis, the new governor of the Central Bank of Sri Lanka, Nandalal Weerasinghe, said that one of the ways to overcome the current crisis situation is to allow the Central Bank to operate independently. He further said that President Gotabaya …

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Russia cuts interest rates as ruble settles despite sanctions

Russia’s central bank has managed to stabilize key aspects of the economy with tight controls, artificially supporting the ruble to allow it to rebound to levels seen before the invasion of Ukraine even as the West accumulates new penalties. That became evident when Russia’s central bank said on Friday it …

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Live updates: UK tells NATO foreign ministers ‘age of engagement’ with Russia is over

©Bloomberg Levi Strauss does not expect to be able to reopen in Russia this year, its chief executive said on Wednesday, a month after the Californian jeans maker “temporarily” suspended operations there in response to Ukraine’s invasion of Ukraine. Vladimir Poutine. “The way things are going right now, I’m not …

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Live Updates: US Treasury to Suspend Russian Government Dollar Debt Payments

Britain’s Foreign Secretary Liz Truss (R) and Ukraine’s Foreign Minister Dmytro Kuleba give a press statement at the British Embassy in Warsaw, Poland April 4, 2022. © REUTERS Britain’s foreign secretary says ‘nothing is on the table’ for Britain as Western politicians prepare new sanctions against Russia following reports of …

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The investor who stays loyal to Russia

Investors were getting rid of anything Russian, and the hedge fund manager was happy to take the other side of the deal. He bought shares in energy giants Rosneft, Lukoil and Gazprom. He bought banks – including Russia’s biggest lender, Sberbank – and some local retailers and mining companies. When …

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US investors should be wary of betting on the booming Japanese stock market

Between the news from Ukraine and the latest statements from the Federal Open Mouth Committee, you’d be forgiven if the recent fall in the yen escaped your attention. But the impact of currency movements has implications far beyond the Japanese economy and markets. In March, the yen fell from 115 …

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Citi joins foreign banks to scale back operations in India as part of global strategy

Citi Bank on Wednesday joined the list of foreign banks that have exited India’s retail banking business as the US banking giant announced the sale of its consumer banking portfolio to Axis Bank for an estimated $12,325 crores of rupees. Major global banks such as ANZ Grindlays, …

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Normalizing the Naira for Accelerated Inclusive Growth | The Guardian Nigeria News

The Finance Act 2022 fixed the exchange rate of the naira at 410.15 naira/1 dollar. But six days into the fiscal year, the Central Bank of Nigeria (CBN), as it usually does, unilaterally and ultra vires devalued the naira. The action appears to be a response to calls from the …

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Markets live, Thursday, March 23, 2022

Investment house Washington H. Soul Pattinson reported first-half profits plunged to a loss of $643.1 million, largely attributable to a one-time goodwill write-down following a merger with Milton. Corporation on October 5, 2021. The acquisition of Milton created a goodwill charge of $954 million, which resulted in a loss of …

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Global Remittance Market to 2030 – Featuring Bank of America, Citigroup and MoneyGram International, among others – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Remittance Market by Application, Remittance Channel, and End User: Global Opportunity Analysis and Industry Forecast, 2021-2030” report has been added to from ResearchAndMarkets.com offer. The remittance is called money sent from one place to another via electronic payment system, mail, draft and wire transfer. Also, it is stated …

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Australia may be far from Ukraine but we won’t avoid the economic fallout from war | Satyajit Das

geography may allow Australia to avoid the direct human costs of the Ukrainian conflict, but not its fallout. Commodity market disruptions, supply chain disruptions, sanctions and geopolitical realignments will affect Australians. Russia is the world second gas producer (17% of world production) and third oil producer (12%). It’s a key …

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The Biggest Banking M&A Deals of the Last Decade

The last year and a half has seen a wave of bank mergers unprecedented since the financial crisis of 2007 to 2009. In fact, seven of the 10 largest deals of the past decade, measured by target asset size, have been announced since October 2020, according to data from S&P …

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This Rs 6 lakh crore fund manager bought these shares amid market chaos in February

The country’s largest mutual fund, SBI Funds Management or SBI Mutual Fund, was on a buying spree amid the February sell-off when the benchmark BSE Sensex index fell more than 3%. Broader indices The BSE Midcap and Smallcap indices also lost around 5% and 9%, respectively. Market watchers believe the …

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‘India set to have double-digit revenue growth’: Hugh Young

By line : Amit Tembhurnikar New Delhi: ET Now spoke to a Singapore-based equity investor Hugh Young, President, Asia-Pacific, amid continued sell-off by foreign investors of Indian stock markets to understand the global outlook and investors’ view of the Indian story. Young thinks that if events go wrong, it’s possible …

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Ukraine’s latest war: Uber adds fuel surcharge as war drives up gas prices

Ukraine is asking for security guarantees from the United States, European countries and Moscow as part of a possible settlement after the Russian invasion, a government adviser has said. Kiev has acknowledged that its long-term goal of joining NATO’s military alliance is distant due to Kremlin opposition, and is instead …

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Asian stocks rally as Russian-Ukrainian talks boost sentiment

Nikkei up 3.8%, best in nearly 21 months Oil prices up, euro holds on to gains The ECB is meeting today; US CPI due today Senior Russian and Ukrainian officials in talks in Turkey BEIJING, March 10 (Reuters) – Asian stocks jumped on Thursday, trailing Wall Street gains as planned …

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Last war in Ukraine: a nuclear power plant under the orders of the Russian commander, according to the IAEA

Management of the Zaporizhzhya nuclear power plant has come under the orders of the commander of the Russian forces who took control of the site last week, Ukraine told the UN atomic watchdog. Russian forces at the site also cut off some communications networks, including cellphones and the internet, Ukraine’s …

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WashU Expert: Understanding Financial Sanctions Against Russia – The Source

Russia is facing a financial collapse. In response to its invasion of Ukraine, the United States and its global allies struck Russia with financial sanctions, isolating the country from the global financial system. In particular, the sanctions imposed on the Russian central bank effectively froze the vast majority of its …

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The Central Bank of Russia blocks coupon payments to foreign bondholders

Foreign investors in Russian bonds face an unpleasant reality: they will not be paid as part of Moscow’s retaliation for Western sanctions. The Bank of Russia said this week as part of a series of actions that it would block payments by depositories and registrars to foreign customers, including on …

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A 40-mile military convoy advances towards Kiev; Targets the Okhtyrka military base, killing 70 Ukrainian soldiers; The sale of the ruble slows down

Disney and Warner Bros. suspend film releases in Russia following the invasion of Ukraine Two major Hollywood studios, Disney and Warner Bros., have said they will suspend theatrical releases of upcoming films in Russia in response to its invasion of Ukraine and the ongoing humanitarian crisis. The Walt Disney Co …

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‘A global financial pariah’: How central bank sanctions could hamper Russia

The United States and its Western allies have unveiled the most punitive sanctions yet against Russia, the latest in a series of sanctions rolled out in response to the country’s full-scale invasion of Ukraine. The measures announced on Saturday directly target Russia’s central bank and seek to hamper the country’s …

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European and US bank stocks recoup some losses; the sector is preparing for a series of sanctions

The financial district in Frankfurt, Germany, March 18, 2019. REUTERS/Ralph Orlowski Join now for FREE unlimited access to Reuters.com Register Details of EU sanctions still pending Stocks recover some of Thursday’s steep falls JP Morgan highlights key risk of slowing economic growth London Stock Exchange suspends VTB Capital German bank …

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Biden’s latest sanctions against Russia target families in Putin’s inner circle. Here is who is impacted.

the new US sanctions triggered by Russia’s latest actions in Ukraine included targets that had not been hit in the past: family members of those in Russian President Vladimir Putin’s inner circle. By naming the sons of two power players close to the Russian president, the Biden administration has sent …

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Live News: UK braces for immediate sanctions on Russia

Oil prices jumped and stocks fell after Russian President Vladimir Putin ordered the dispatch of troops to two Moscow-backed breakaway regions in eastern Ukraine, putting his country on its feet. war and preventing attempts at a diplomatic solution to the crisis. Brent crude, the international oil benchmark, jumped 2.3% to …

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Saudi Arabia’s largest retail pharmacy chain to go public

Riyadh: Saudi Arabia’s largest pharmacy retail chain has hired the local unit of HSBC Holdings Plc and the investment banking arm of the Saudi National Bank in what could be the kingdom’s biggest IPO since Aramco’s IPO in 2019. Nahdi Medical Co. plans to sell a 30% stake, or up …

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Live news: Russian MSC snubbed missed opportunity, says German foreign minister

Portugal is dropping most of its Covid-19 restrictions as infection levels drop, but people who test positive for the virus will still have to self-isolate whether or not they show symptoms, the government. Proof of vaccination will no longer be required to enter any place, including hotels and restaurants, but …

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The walls close in on the most modest

Inflation in Bangladesh, as in the country itself, is on the rise. Per capita income increased by 11% to $2,591 from an estimated $2,554 for FY 2020-21. But at the same time, inflation rose from 5.29% in December 2020 to 6.05% in December 2021, according to the Bangladesh Bureau of …

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Russia moves long-range artillery into firing positions; We urge citizens to leave Ukraine immediately

Live updates on the Russian-Ukrainian crisis: Ukrainian President Volodymyr Zelensky says Russia will attack on February 16 President Volodymyr Zelensky, in an address to the people of Ukraine, which was later posted on Facebook, said he had information that Russia would attack his country on February 16. The comments come …

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Private equity surges in China as M&A market widens

Private equity accounted for a record share of Chinese mergers and acquisitions in 2021, and the country’s well-funded buyout firms should also be busy this year as corporate restructurings and multinational divestitures generate more targets. The industry’s growing influence contrasts with relatively subdued overall M&A activity in China, which last …

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Foreign investment will thrive after the pandemic

Analysts all have optimistic forecasts for cash flow to Vietnam in 2022 and the years ahead after a year of net withdrawals. The first offers of 2022 Arisaig Asia Fund Ltd announced the purchase of 1.3 million MWG shares of The Gioi Di Dong (Mobile World) on January 10. Thus, …

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Live news: Hong Kong to toughen anti-Covid measures after record infections

Government bond markets remained under pressure on Tuesday as traders anticipated a fresh round of US inflation data and braced for central banks to tighten monetary policy. The yield on the 10-year Treasury note, which serves as a benchmark for borrowing costs around the world, rose 0.04 percentage points to …

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Creditors of Saudi construction company Azmeel approve $2 billion debt restructuring

Restructuring to clear the balance sheet, facilitating tenders Azmeel in cash crisis since 2019 amid government payment delays Membership fell from 35,000 to 2,000 in 2017-2018 Perpetual sukuk will be issued in the second quarter, giving lenders a way out DUBAI, Feb 4 (Reuters) – Creditors of Saudi Arabia’s Azmeel …

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Sensex Today: Live Stock Market Updates: Sensex and Nifty Extend Decline; The automatic index jumps above 1%; ITC, Titan in the green before the third quarter show; broader markets outperform

!1 new updateClick here for the latest updates Granules Receive ANDA Approval for Bupropion Hydrochloride Tablets Price as of February 03, 2022 12:10 p.m.Click on company names for their live prices. Varun Beverage returns to black in the third quarter T3 BENEFITS: KALYAN JEWELRY PAT: Rs 135 crore vs Rs …

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