US Bank Mergers Stalled Due to Capital Rules and Regulatory Uncertainty
U.S. banks will probably hold off on striking deals until the…
African Development Bank Makes Inroads in Debt-for-Nature Swaps Market
The African Development Bank Group is in discussions to back a new…
Chinese Banks Dealt Another Blow as Mortgage Refinancing Pushes Impact
Chinese banks’ profits may take a hit as policymakers urge lenders to…
UK Inflation Data Set to Fuel Pressure for More BOE Hikes
British households and businesses are bracing for UK inflation figures on Wednesday…
Brazil's Economic Activity Plunges, Raising Expectations for Key Rate Cut
Brazil’s economy shrank more than expected in May according to the…
Concerns Mount as Australia's Central Bank Hits Pause with Restrictive Policy Stance
Australia’s central bank decided to keep interest rates steady this month…
Philippine Central Bank Chief Maintains Openness to Rate Tightening
Philippine central bank Governor Eli Remolona signaled further monetary policy tightening is…
More Americans Facing Loan Rejection, Fed Data Indicates
Americans are increasingly likely to get turned down when they apply for…
China's Economic Recovery Slows, Experts Call for "Desperately" Needed Stimulus
China’s economic recovery continued to lose steam in the second quarter…
IMF Grants $1 Billion to Kenya Post Latest Loan Review
The International Monetary Fund approved almost $1 billion for Kenya, saying the…
Australia's Decision to Hold Rate at 4.1% Driven by "Stronger" Outlook
Australia’s central bank said the case to leave interest rates unchanged…
African Central Banks to Maintain Tighter Interest Rates for Extended Period
African central banks due to decide on interest rates in the next…