ANZ, UOB face scrutiny over business with Myanmar military’s bank | Banks News
Leading international financial institutions have carried out transactions with Innwa Bank since coup, documents show. Big banks, including Australia’s ANZ,
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Banks
In Hong Kong, world bankers urged not to ‘bet against’ China | Business and Economy News
Chinese regulators have downplayed China’s real estate slump and slowing economic growth while Hong Kong’s top leader pitched Hong Kong
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Wall Street blasted for ‘whitewashing’ Hong Kong crackdown | Business and Economy News
Kuala Lumpur, Malaysia – Hong Kong’s government invited Wall Street’s biggest names to a summit to show the financial hub
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Credit Suisse outlines Saudi-backed plan to raise $4bn | Business and Economy News
Swiss lender intends to raise capital worth $4bn, reduce its workforce by 9,000 and revamp its investment bank. Swiss bank
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The Kabul Bank Crash | Banks
From: Al Jazeera World The inside story of Kabul Bank and the nearly $1bn of money laundering and corruption that
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Credit Suisse looks to Mideast for capital boost | Business and Economy News
Credit Suisse Group AG has turned to Middle Eastern sovereign wealth funds for a capital boost, news agencies report. The
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Sri Lanka central bank holds rates steady | Business and Economy News
Policy makers are assessing effects of interest hikes this year on cooling price growth, amid an unprecedented economic crisis. The
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US Senator Warren blasts Fed for withholding trading records | Financial Markets News
US Senator Elizabeth Warren rebuked Federal Reserve Chair Jerome Powell for withholding information on trading by central bank officials during
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Bank of Mexico raises interest rates to record 8.5 percent | Inflation News
Mexico, Latin America’s second-largest economy, is fighting its highest inflation in 22 years. The Bank of Mexico raised its benchmark
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Bank of England raises interest rates in bid to tame inflation | Business and Economy News
UK’s central bank hikes key interest rate to 1.75 percent, its highest level since 2008, and warns of recession ahead.
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