Latest in India’s central bank governor says economy ‘well placed’ to handle shocks
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India’s central bank governor says economy ‘well placed’ to handle shocks
RBI chief Shaktikanta Das believes economic fragmentation, protectionism and tariffs are among the biggest threatsWorld - Financial Times - 2 days ago -
Lebanon's detained former central bank governor faces new corruption charge
A Lebanese judge has charged the country’s detained former central bank governor with illicit enrichment and issued an arrest warrantWorld - ABC News - October 31 -
Cinemark at ‘inflection point,’ well-placed for postpandemic recovery, Benchmark says
Cinemark Holdings Inc.’s better-than-expected third-quarter results this week bode well for the movie-theater chain amid a broader industry rebound, analysts said.Business - MarketWatch - November 1 -
ECB must commit to faster rate cuts, says Bank of Italy governor
Fabio Panetta sees risk of inflation falling ‘well below’ central bank’s 2% target amid stagnant demandBusiness - Financial Times - November 19 -
US central bank boss says Trump can't fire him
The US central bank cuts interest rates, as its chairman vows to stay on the job.Top stories - BBC News - November 7 -
Climate breakdown will hit global growth by a third, say central banks
New modelling finds risk to global economies much worse than previously thought, but group of central banks says even this may be an underestimate. The physical shocks caused by climate breakdown ...World - The Guardian - November 8 -
Bangladesh tycoon says Singapore citizenship is a shield against central bank ‘intimidation’
Mohammed Saiful Alam considers international arbitration over accusations he siphoned money out of banking sectorWorld - Financial Times - November 19 -
Banks’ use of AI could be included in stress tests, says BoE deputy governor
Sarah Breeden says technology’s ‘power and use . . . is growing fast’Business - Financial Times - October 31 -
UK banks deserve a place in the sun
Third-quarter results underscore their low sensitivity to interest ratesWorld - Financial Times - October 29 -
How Marigolds Became Central to Hindu Rituals in India
Originating in North America, the blossoms have become central to Hindu rituals in India.Top stories - The New York Times - November 14 -
Trump’s victory sets up traps for central banks
The incoming president is likely to attack the Fed if it seeks to counteract his policies or if inflation takes off againWorld - Financial Times - November 7 -
Global economy prepares for the Trump ‘macro shock’
China, Germany and other exporters fear higher tariffs and volatile period of tit-for-tat trade measuresWorld - Financial Times - November 6 -
Shadow chancellor warns Reeves over EU ties after Bank chief says Brexit harming economy – UK politics live
Mel Stride said there must be no suggestion of the UK going back into the EU single market or customs union. In news that will disappoint those of you who enjoy a Liberal Democrat stunt, PA has ...World - The Guardian - November 15 -
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Switzerland is now flirting with deflation, causing a dilemma for its central bank
Switzerland could be at risk of slipping into deflationary territory next year as a stronger Swiss franc dogs policymakers' efforts to get a handle on prices.Business - CNBC - October 31 -
Central banks need escape route from cycle of boom and bust
We should debate excessive policy easing and the neglect of credit and debt developmentsWorld - Financial Times - November 1 -
Trump’s tariff plan would put US on path to ‘crony capitalism’, Griffin says
Founder of hedge fund Citadel also floats possibility of selling minority stake in firm to outside investorsBusiness - Financial Times - 5 days ago -
Three Bank of America bankers in India depart over alleged client tips
US bank conducting internal investigation into ‘front running’ of dealsWorld - Financial Times - 5 days ago -
EU’s top central bankers warn economy at risk from political paralysis
ECB president and governors of Bundesbank and Banque de France issue warnings over lack of reformWorld - Financial Times - 4 days ago -
Will US charges hit business ambitions of billionaire ally of India's PM?
The charges could jeopardise the ambitions of one of the world’s richest men, both at home and abroad.Top stories - BBC News - 5 days ago -
Czech central bank cuts key interest rate to 4% as inflation stays low
The Czech central bank has cut its key interest rate for the eighth time in a row as inflation remains low and the economy is making a slow recoveryWorld - ABC News - November 7 -
US central bank lowers interest rates by quarter point as new Trump term looms
Rates are now at 4.5% to 4.75%, after two reductions by the Federal Reserve starting in September. The US Federal Reserve lowered interest rates by a quarter point on Thursday, knocking them ...World - The Guardian - November 7 -
European Central Banks warns of trade tension risks to euro zone financial stability
The Financial Stability Review also said weak growth was now a bigger threat to the 20-nation euro zone than high inflation.Business - CNBC - November 20 -
European Central Bank warns that concentration in highly-valued U.S. tech stocks poses financial stability risk
High equity valuations and investors’ concentration in big U.S. tech stocks are among the main risks to financial stability, says the ECBBusiness - MarketWatch - 6 days ago -
India will not travel to Champions Trophy, say hosts Pakistan
India has informed the International Cricket Council it will not travel to the Champions Trophy, according to hosts Pakistan.Top stories - BBC News - November 11 -
Cowboys likely to place Dak on IR, Jones says
The Cowboys likely will place quarterback Dak Prescott on injured reserve due to the hamstring injury he sustained in Sunday's loss to the Falcons, Jerry Jones said Tuesday.Sports - ESPN - November 5 -
US economy added only 12,000 jobs in October in shock pre-election drop – as it happened
Live, rolling coverage of business, economics and financial markets as non-farm payrolls numbers deliver economic surprise days before presidential election. Oil prices have risen by 2% after ...World - The Guardian - November 1 -
Another bullish call for stocks in 2025. Wells Fargo raises S&P 500 target on strong economy, Trump’s policy changes.
Another Wall Street firm is increasing its S&P 500 target for next year, with a view that stocks are poised to extend their bull-market run to at least the end of 2025Business - MarketWatch - 6 days ago -
‘No threat to public’ after bomb threats, Pennsylvania governor says
Pennsylvania Gov. Josh Shapiro confirmed that there were "multiple bomb threats" at polling locations. Shapiro assured the public that the threats were not credible.Top stories - NBC News - November 6 -
Colorado governor says tax cuts key to state's shift left
Colorado Gov. Jared Polis (D) said on Wednesday tax cuts are key to his state’s shift to the left in the wake of President-elect Trump’s win in the 2024 presidential election. Republicans made ...Politics - The Hill - November 8 -
Border governor says she'll work with Trump, but won't 'tolerate terrorizing communities'
Arizona Gov. Katie Hobbs (D) said Monday that she will work with President-elect Trump when he takes office in January, but won’t ”tolerate terrorizing communities” Hobbs said at a press ...Politics - The Hill - November 19 -
An Israeli strike in Beirut kills Hezbollah's spokesman, while a strike in Gaza kills at least 30
A rare Israeli strike in central Beirut has killed the chief spokesman for the Hezbollah militant groupWorld - ABC News - November 17 -
Budget boost to UK economy forecast to fade after two years
The government's official forecaster raises its prediction for UK growth in 2024 and 2025 but reduces it for later years.Top stories - BBC News - October 30 -
Doug Burgum says he'd be 'completely shocked' if Harris won Iowa
North Dakota Gov. Doug Burgum (R) said he would be "completely shocked" if Vice President Harris won Iowa on Tuesday, despite a dramatic new poll showing her leapfrogging former President Trump ...Politics - The Hill - November 3 -
World Needs Much More Aid to Adapt to Climate Shocks, U.N. Says
A new report, urging rich nations to give more climate aid to poorer ones, comes as Donald Trump’s election throws global climate talks into disarray.World - The New York Times - November 7
