India’s ‘bad bank’ sees loan transfers dwindle on valuation, liability woes -sources
By Siddhi Nayak MUMBAI (Reuters) – India’s so-called ‘bad bank’ set up to buy legacy stressed loans from the country’s…
August 14, 2023
Bank of China starts nationwide move to reduce salary gap among employees, manager levels -sources
BEIJING (Reuters) – Bank of China Ltd, China’s fourth-largest lender by assets, has launched a countrywide exercise to reduce the…
A smooth ‘last mile’ to 2% inflation may not be a stretch for Fed
By Howard Schneider WASHINGTON (Reuters) – Pessimists watching the Federal Reserve battle inflation have focused on the so-called “last-mile” problem,…
Marketmind: Bonds bruised, China stocks and rouble sink
A look at the day ahead in U.S. and global markets from Mike Dolan A bruising August for bonds continues…
Hunter Biden’s lawyers say US prosecutors reneged on plea deal
By Jack Queen (Reuters) -Lawyers for Hunter Biden said in a late Sunday court filing that prosecutors reneged on a…
Credit Suisse retail investors plan lawsuit challenging UBS buyout- FT
(Reuters) – Retail investors who lost money when Credit Suisse was taken over by UBS in March plan to file…
Trump election investigation in Georgia headed to grand jury next week
By Joseph Ax (Reuters) – A Georgia prosecutor probing whether Donald Trump and his allies illegally sought to overturn the…
Israel’s Netanyahu cools censure of protesting reservists as judicial crisis simmers
By Dan Williams JERUSALEM (Reuters) – Prime Minister Benjamin Netanyahu has offered Israeli military reservists protesting against his judicial overhaul…
Taiwan will not back down to threats, Taiwan VP says on US trip
TAIPEI (Reuters) -Taiwan will not be afraid nor back down in the face of authoritarian threats, the island’s vice president…
Instant view: Russia’s rouble weakens past 100 per US dollar
The Russian rouble fell past the psychologically key 100 per U.S. dollar threshold for the first time since March last…