Posted at 15:26h
in
News
by KMFSLLP
* Industry says Fed facility only way to avoid meltdown
(Adds comment from economist)
...
Posted at 15:14h
in
News
by KMFSLLP
The Russian central bank will
consider an interest rate cut among other options at its April
24 board meeting as the economy is set to contract this year,
Governor Elvira Nabiullina said on Friday.
Posted at 15:08h
in
News
by KMFSLLP
Russia's Finance Ministry has
completed the purchase of a controlling stake in Sberbank
, the country's largest lender, from the central bank
for 2.14 trillion roubles ($28.31 billion).
...
Posted at 15:07h
in
News
by KMFSLLP
* Thin FX reserves could hamper Turkey's crisis response
(Adds Fed, IMF context; more comments)
...
Posted at 14:56h
in
News
by KMFSLLP
The U.S. residential mortgage
finance market faces severe stress after the industry failed
this week to convince regulators to launch an emergency
liquidity facility needed to bridge billions of dollars of
missed home loan repayments, industry sources and analysts have
warned.
Posted at 13:01h
in
News
by KMFSLLP
Hospitals report steep drop in attendances for life-threatening conditions such as heart attacks
...
Posted at 11:47h
in
News
by KMFSLLP
U.S. President Donald Trump
said on Friday the funding measure to help small business should
be approved by Congress with no additions, as a partisan
skirmish in the U.S. Senate cut short a Republican effort to
speed the $250 billion in new assistance.
Posted at 11:08h
in
News
by KMFSLLP
China will set up a new bank
to take over Baoshang Bank's operations in Inner Mongolia, Huang
Xiaolong, deputy head of the financial stability bureau of the
People's Bank of China, said on Friday.
Posted at 11:08h
in
News
by KMFSLLP
Bulgaria will apply to join the
euro single currency zone's "waiting room" by the end of April,
Prime Minister Boyko Borissov said on Friday.
...
Posted at 10:58h
in
News
by KMFSLLP
* Load demand likely to see "rapid growth" in Q2 - c.bank
official
(Adds quotes from c.bank official, analyst)
...