Large banks with significant
trading operations will have their finances tested in 2020
against a scenario that includes "heightened stress" in
leveraged loans, the Federal Reserve announced on Thursday.
Australian shares are set to open higher
for a third straight session on Friday as investors draw
confidence from Wall Street gains and put faith in China's
ability to curb economic damage from the coronavirus outbreak.
The local share price index futures ...
A Sudanese legal committee
dissolved the boards of the country's central bank and 11 other
state-owned banks under a law that aims to dismantle the regime
of the toppled president Omar al-Bashir, the committee said on
Colombia will seek
Latin American investors for its domestic debt to diversify its
range of bond holders and improve the liquidity and resilience
of the debt market, a finance ministry official said on
Activist investor Elliott Management Corp
has amassed a stake in SoftBank Group and is discussing
ways it could boost the value of the Japanese conglomerate,
people familiar with the matter told Reuters.