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Bank of England’s Haldane ‘very cautious’ about cutting rates

SCUNTHORPE, England (Reuters) – Bank of England Chief Economist Andy Haldane said he would be very wary about lowering interest rates unless there is...

IMF cuts 2019 Latin America growth estimate by more than half

By Rodrigo Campos NEW YORK (Reuters) – The IMF on Tuesday slashed its economic growth expectation for Latin America in 2019 by more than half...

China’s AgBank plans to raise $17 billion via perpetual bond sales:...

SHANGHAI (Reuters) – Agricultural Bank of China (AgBank), the country’s third-largest lender by assets, plans to raise 120 billion yuan ($17.44 billion) by issuing...

On hard road to reform, Lebanon may need old friends

By Tom Perry and Tom Arnold BEIRUT/LONDON (Reuters) – Heavily indebted Lebanon has passed a budget seen as a “first step” towards fixing its public...

Italy banks to rescue Carige via depositor protection fund

MILAN (Reuters) – Italy’s depositor protection fund on Tuesday kicked off a 900 million euro rescue process for troubled bank Carige <CRGI.MI> via the...

Global regulators extend new derivatives rule to September 2021

LONDON (Reuters) – Global regulators have delayed by a year to September 2021 the final phase of new rules that require market participants to...

China central bank chief says current interest rate level is appropriate:...

BEIJING (Reuters) – China’s central bank governor Yi Gang said the country’s current interest rate level is appropriate, the financial magazine Caixin reported on...

Japan keeps view of moderate economic recovery in July

By Daniel Leussink TOKYO (Reuters) – Japan’s government retained its view that the economy is recovering at a moderate pace, while saying that weakness continued...

Euro zone banks expect rising loan demand in third quarter: ECB

FRANKFURT (Reuters) – Euro zone banks expect loan demand to rise in the third quarter while they keep corporate lending and mortgage credit standards...

Bank of England’s Saunders says Brexit might stop rate hikes: Bloomberg

LONDON (Reuters) – Brexit might stop the Bank of England from raising interest rates, Michael Saunders, one of the policymakers who has talked in...
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