Banks
China banks become surprise winners of frenzied hunt for yield
IT’S arguably one of the last places you’d expect stock investors to turn as China’s economy struggles and its real estate crisis worsens.But Chinese banks have suddenly become market...
Chinese banks hold key lending rates after PBOC signals caution
CHINESE banks kept their benchmark lending rates unchanged for August, as profit margins come under pressure and policymakers focus on the health of financial institutions.The one-year loan prime rate...
Europe: Shares led higher by tech, banks as US slowdown fears ease
TECHNOLOGY and bank shares led Europe’s benchmark stock index more than 1 per cent higher on Thursday (Aug 15), with risk appetite boosted by strong US retail sales data...
Some eurozone banks too optimistic in valuing commercial property, ECB finds
SOME of the eurozone’s top banks may be inflating the value of commercial real estate, potentially masking a deterioration of loans to a sector struggling with a sharp downturn,...
Global banks’ tech revival sparks hope for US$254 billion Indian IT sector
GLOBAL banks have started reviving the technology projects they put on ice in 2023, raising hopes for the US$254 billion Indian IT sector that makes about a third of...
Global banks are nowhere near reaching their CO2 targets
GLOBAL banks are not living up to targets to cut their financing of activities that are directly fuelling climate change, according to a new study by the World Resources...
Tyra Banks Teases New Life-Size Sequel With Lindsay Lohan – E! Online
Tyra Banks is ready to shine bright, shine far and be a star once again. Over two decades after the supermodel starred with Lindsay Lohan in the 2000 made-for-TV Disney movie Life-Size, she and Lindsay could...
China regulators tell some rural banks to renege on bond trades
REGULATORS told commercial banks in China’s Jiangxi province not to settle their purchases of government bonds, taking some of the most extreme measures yet to cool a market rally...
Singapore banks keep guard against rate cuts, market volatility in Q2, but expect to remain strong
They have taken various measures to reduce their interest rate sensitivity, lower funding costs, and ensure enough capitalSINGAPORE banks continue to shore up against market volatility and impending rate...
