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BANGKOK (Reuters) – Thailand’s banking system has giant extra liquidity and the central financial institution has not tightened its lending supervision, an assistant governor stated on Monday, reflecting banks’ reluctance to lend. Banks‘ lending choices will rely on debtors’ potential…
By Vivek Mishra BENGALURU (Reuters) -India’s economic system doubtless grew at its slowest tempo in one-and-a-half years within the three months to end-September as weak consumption offset a powerful restoration in authorities spending, which for years has helped drive development,…
BRUSSELS (Reuters) – European Union and Chinese language officers are discussing alternate options to European tariffs on Chinese language electrical automobiles (EV), together with minimal costs at which such vehicles might be bought in Europe, however no answer is imminent,…
(Reuters) – The Russell 2000 index monitoring small cap firms within the U.S. hit a file excessive on Monday, boosted by expectations of tax cuts below a second Donald Trump administration, together with the prospect of decrease borrowing prices. The…
(Reuters) -Lawmakers within the U.S. Home of Representatives have requested Treasury Secretary Janet Yellen to rethink ties with Hong Kong’s banking sector, saying town has grow to be a high location for cash laundering and sanctions evasion. Hong Kong has…
By David Lawder, David Morgan WASHINGTON (Reuters) -Donald Trump’s Republicans are promising to hit the fuel subsequent yr after they assume full management of the U.S. Congress, with little to cease them from executing the president-elect’s guarantees to slash taxes…
By Marie Mannes, Alessandro Parodi, Stine Jacobsen STOCKHOLM/GDANSK (Reuters) -Northvolt’s monetary collapse offers a blow to Europe’s plan to arrange its personal battery business to energy electrical vehicles, stirring a debate about whether or not it must do extra to…
(Reuters) -The New York Legal professional Common’s workplace fined automobile insurance coverage firm Geico $9.75 million on Monday for hacks that obtained private data on 116,000 drivers within the state. The legal professional normal and state Division of Monetary Companies…
By Alistair Smout and David Milliken LONDON (Reuters) -British finance minister Rachel Reeves on Monday stated she would by no means must repeat the tax hikes of her first funds, an try and reassure companies that have been caught off-guard…
PARIS/LONDON (Reuters) -The European Central Financial institution mustn’t maintain its financial coverage tight for too lengthy or inflation might fall beneath goal, ECB chief economist Philip Lane, mentioned on Monday, whereas praising the financial institution’s gradual method to reducing charges.…