SHANGHAI — China’s central bank on Friday increased the injection of liquidity into the banking system through open market operations, as demand for cash for the end of the first half of the year started to pick up. Read More
The Japanese yen is off of its 24-year low, but weakening slightly since core inflation data for May came in above the BOJ’s target of 2%. David Finnerty reports on Bloomberg Television. ——– Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: https://www.bloomberg.com Connect with us on… Twitter: https://twitter.com/business Facebook: […]
Nomura has forecast India’s GDP to grow at 7.2% in 2022, before moderating to 5.4% in 2023. In a research note on Thursday, the research firm said the ‘prolonged mild recession’ in the US can lead to a slowdown in India, which has been recovering to a pre-pandemic level. The rate hike by the Federal […]
Aninda Mitra, head of Asia macro & investment strategy at BNY Mellon Investment Management, discusses his investment strategy, why he’s become more defensive and where he’s finding opportunities. He speaks on Bloomberg Television. ——– Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: https://www.bloomberg.com Connect with us on… Twitter: https://twitter.com/business […]
Investment bankers in the US and Europe are bracing for potentially billions of dollars in total losses on big-ticket leveraged buyouts as they struggle to offload risky corporate debt that’s plunging in value amid a sweeping market selloff. Su Keenan reports on Bloomberg Television. ——– Follow Bloomberg for business news & analysis, up-to-the-minute market data, […]
Over 80,000 petrol pumps, spread across the length and breadth of the country, belonging to both public and private sectors, are operating at near normal level now, a senior government official said. On an average, nearly 60 million people visit petrol pumps every day. Since prices are on the freeze since April 6, private operators […]
The Reserve Bank of India (RBI) on Thursday doubled the limit on home loans issued by urban cooperative banks (UCB). With this, tier-I UCBs can issue individual housing loans of up to Rs 60 lakh while tier-II UCBs are allowed to offer loans of up to Rs 1.4 crore, the central bank said in a […]
A landmark inquiry into Australia’s mining sector has uncovered dozens of cases of sexual harassment and abuse of women in companies including BHP and Rio Tinto. Jason Scott reports on Bloomberg Television. ——– Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: https://www.bloomberg.com Connect with us on… Twitter: https://twitter.com/business Facebook: […]
The Reserve Bank of India (RBI) on Thursday appointed Venkat Nageswar Chalasani as a member of the advisory committee of insolvent Srei Infrastructure Finance (SIFL) and Srei Equipment Finance (SEFL) with immediate effect. Chalasani, former deputy managing director, State Bank of India, has been appointed as a member of the committee after R Subramaniakumar resigned. […]
These days, many people have become a business owner one way or another. Whether it’s situated in the real world or is on an online platform, business has seen a dramatic increase in popularity. But there’s a different between simply opening a business and then actually making it successful are two different entities. If you’re […]