Posted at 16:24h
in
News
by KMFSLLP
U.S. Treasury Secretary Steven Mnuchin
said on Tuesday he is open to loosening liquidity requirements
for big banks to relieve possible cash crunches in short-term
funding markets, Bloomberg reported.

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Posted at 16:24h
in
News
by KMFSLLP
Britain's accounting regulator said on
Tuesday it had fined Deloitte's audit engagement partner Ross
Howard for misconduct in the audit of Serco Geografix's 2012
financial statements.

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Posted at 16:18h
in
News
by KMFSLLP
Austrian investor Rene Benko's
Signa Holding is likely to submit an offer for Swiss department
store chain Globus, with bids due by the end of November,
sources familiar with the situation told Reuters.
Posted at 16:09h
in
News
by KMFSLLP
Russia's central bank said the
country's reserves could fall by $38 billion if oil prices slip
to $25 per barrel in 2020 as per its risk scenario, it said in
updated macroeconomic forecasts on Tuesday.
Posted at 16:04h
in
News
by KMFSLLP
The United States and China have
come to an understanding on the direction of their trade
relationship after a nearly 16-month trade war, White House
adviser Jared Kushner said on Tuesday.

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Posted at 15:58h
in
News
by KMFSLLP
The London Metal Exchange is
planning to create a committee to represent the interests of
producers and users of lithium, a key component in electric car
batteries, it said on Tuesday.

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Posted at 15:37h
in
News
by KMFSLLP
A rural lender based in China's
central Henan province sought to assure depositors of its
financial health after a high volume of over-the-counter
requests at some of its branches on Tuesday, amid concerns of
liquidity issues at smaller Chinese lenders.
Posted at 15:10h
in
News
by KMFSLLP
Estonia's police and prosecutor
have launched a separate criminal investigation of Swedbank
over alleged money laundering in 2011-2017, the state
prosecutor's office said on Tuesday.

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Posted at 14:24h
in
News
by KMFSLLP
Posted at 13:49h
in
News
by KMFSLLP
Keeping a quarrelsome UK inside the tent holds little appeal, even for friends of London
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