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STANDARD CHARTERED PLC.
China's May loan growth dips on weak demandAggregate financing, a broad measure of credit, increased ¥2.03 trillion ($300 billion), according to Bloomberg calculations based on data ...- Vedanta readies $5.2 billion refinancing after rating upgradesAnil Agarwal's UK-based Vedanta Resources is preparing to refinance $5.2 billion of dollar-denominated bonds and loans as it seeks to lower...
- Talent fight heats up in India finance hub as two chiefs quitGIFT City, India's international finance hub, is experiencing intense competition for talent as two foreign bank chiefs have recently resig...
- JLR to raise £2 billion five-year loan from global banks to refinance debtJaguar Land Rover is securing a significant £2 billion loan. This move aims to refinance upcoming debt obligations. Several multinational b...
- Europe’s banks embrace AI — and confront the price of dependence on US techThe finance industry is rapidly adopting AI, but soaring costs for computing power and AI assistants like Claude are creating financial str...
- Rupee plunge sees India turn to 2013 taper tantrum playbookIndia's central bank is considering measures to stabilize the rupee. The currency has fallen to a record low, increasing import costs. The ...
- RBI mulls all options, including rate hike, as rupee slumpsThe Reserve Bank of India is exploring all avenues to steady the rupee. Options include raising interest rates and currency swaps. Official...
- Standard Chartered plans to cut thousands of jobs in AI pushStandard Chartered on Tuesday raised its profitability target, aiming for a return on tangible equity of more than 15% by 2028 and about 18...
- China's credit growth slips below estimatesApril marked a significant slowdown in China's credit growth, tumbling below projections. Banks curtailed the issuance of new loans, while ...
- India’s rupee defence faces tough test as capital flows stallIndia’s rupee faces sustained pressure as weak capital inflows and elevated oil prices strain the balance of payments. Despite RBI interven...
- Indian truckers fret as looming diesel hikes spur panic-buyingSoutheast India is experiencing significant fuel challenges, with motorists waiting in long lines as petrol and diesel become increasingly ...
- India’s truckers brace for first diesel price hike in four yearsIn the backdrop of impending elections, truck fleet operators across India are seeing storm clouds on the horizon with expected fuel ration...
- Indian officials see Iran war oil shock as disruptive as CovidIndia is drawing on its Covid-era playbook to cushion the economic blow from the Iran war, with officials warning the disruption to energy ...
- Shell steps up LNG supplies to India, wins major fertiliser tenders after Gulf disruptionsGlobal energy firm Shell plc has significantly increased natural gas supplies to India. This comes as disruptions from the West Asia confli...
- FTSE 100 falls as StanChart, HSBC slide on 'FinCEN' reportShares of HSBC Holdings Plc, already trading at decade lows, slid 3.2%. Standard Chartered Plc also dropped 3.2% to its lowest since 1998.
- Virus-ravaged states clamor for more funds from ModiThis week India surpassed Russia to become third worst-hit country with over 740,000 infections.
- Standard Chartered employees to create awareness for UN's Global GoalsStandard Chartered Bank said its global network of employees and clients will create awareness about the UN'S programme "Global Goals for S...
- Standard Chartered Plc may shift its global headquarters to AsiaMarch 23, 2015 Standard Chartered Plc board meet may also discuss plans to spin off its India operations into a subsidiary.
- StanChart IDR locked in lower circuit on New York worriesStandard Chartered Plc’s Indian depositary receipts dropped 20 per cent on Tuesday and were locked in lower circuit towards the close of th...
- Standard Chartered to raise $ 5.2 bn in rights issueBritish bank Standard Chartered PLC surprised the market on Wednesday by asking its shareholders for nearly 3.3 billion pounds ($5.2 billio...
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