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Category: FINANCE

Posted on June 11, 2021

World Bank gives Indonesia US$400mil loan for financial reform

The World Bank has approved a US$400 million loan for Indonesia to help the South-East Asian country deepen its financial market, the Washington-based lender said on Friday.

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Posted on June 11, 2021

RBI extends risk-based internal audit rules to big housing finance companies

The RBI’s new guidelines are important in the context of rising instances of financial regularities and governance issues in banks and NBFCs in recent years.

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Posted on June 11, 2021

LIC Housing Finance Event Update – Imminent Equity Raise To Be Approved: Centrum Broking

LIC Housing Finance Ltd. will consider an equity fund raise via preferential allotment at its ensuing board meeting on June 15, 2021. Our estimates suggest that this equity infusion could be priced at …

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Posted on June 11, 2021

Coronavirus cases in India Live Updates: ICMR to start national sero surveys to assess Covid spread, says govt

Coronavirus Cases and Deaths in India Today Live Count, Black Fungus and Yellow Fungus Infection in India, Covid-19 Vaccine Tracker India Live Updates, Unlock LIVE: Big setback for Bharat Biotech, US …

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Posted on June 11, 2021

China’s watchdog tightens rules for $1 trillion cash management market

China’s banking and insurance regulator issued rules on Tuesday on wealth management products for cash, tightening oversight of the $1 trillion market.

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Posted on June 11, 2021

Climate, taxes and China: Investors are watching the G7

By Julia Horowitz, CNN Business As leaders of most of the world’s largest economies gather in Cornwall, England, expect political fanfare and lots of attention on US President Joe …

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Posted on June 11, 2021

China’s auto sales fell 3% in May, first drop in 14 months

Vehicle sales in China fell 3% in May from the same month a year earlier, snapping a streak of 13 consecutive months of gains since April 2020, industry data showed on Friday. Overall sales in the …

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Posted on June 11, 2021

Ride-hailing giant Didi wants to be more than just the Uber of China

Didi filed Thursday to list in New York in what many expect could be the largest initial public offering in the world this year.

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Posted on June 11, 2021

Belarus is a the “North Korea” of Europe

The barred US ambassador to Belarus, Julie Fisher, called Belarus the “North Korea of Europe,” in testimony before the US Senate Foreign …

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Posted on June 11, 2021

S.Korea sees improved domestic demand, export recovery: gov’t report

South Korea’s economy saw an improved domestic demand and an export recovery in recent months, reflecting an economic turnaround from the COVID-19 pandemic shock, a government report said Friday. The …

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