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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 ...
Global Market | European stocks rally as oil falls on hopes for US-Iran dealThe benchmark snapped a four-day losing streak on Thursday, as investors digested the European Central Bank's rate hike and largely looked...
Asia’s currency fight moves offshore as central banks push backAsian central banks are intensifying efforts to curb offshore forex speculation as external pressures like high oil prices and a strong dol...
Short-end Indian debt gains as RBI dollar measures spur buyingShort-term Indian government bond yields have dropped to their lowest in three months. This move steepens the yield curve significantly. Ex...
Rupee gains as oil retreat soothes, inflow expectations erode weakening biasThe Indian Rupee strengthened on Tuesday due to falling oil prices. Regulatory measures are expected to reduce India's balance of payments ...
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...
FIFA 2026: Brokerages bet on sector winners as soccer World Cup set to kick offThe 2026 FIFA World Cup will bring billions to host nations. Analysts expect a surge in spending on hotels, airlines, and retail. Beer sale...
RBI seen joining Asia’s rate-hike push as inflation risks riseThe Reserve Bank of India is expected to increase interest rates soon. This move aligns with other central banks responding to rising infla...
Revolut weighs secondary share sale at $115 billion valuationAny such deal would allow early investors and employees to sell shares and generate liquidity, said the people, who asked not to be identif...
Rate hikes are coming, RBI has sent a clear signal, says Anubhuti Sahay, Standard CharteredDespite holding the repo rate steady, the Reserve Bank of India's significantly upgraded inflation forecasts signal a strong likelihood of ...
Global Market: Hong Kong financial stocks tumble as China tightens capital outflow controlsHong Kong financial shares fell Friday. Beijing's new capital controls are causing concern. Global banks with mainland China business face ...
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...
IIFL Finance nets $500 million in overseas bond salesIIFL Finance successfully raised $500 million through international dollar bonds, priced at 7.6% for a 3.25-year tenure. This marks India's...
ADB, StanChart ink partnership to support Indian firms across supply chainsThe Asian Development Bank and Standard Chartered Bank have partnered to boost supply chain finance in India. Agreements include risk-shari...
Avaada secures $950 million from global, domestic BanksAvaada Group has achieved a major milestone. The company announced financial closure for its firm and dispatchable renewable energy project...
RBI likely to keep status quo on policy rate as threats loomA majority of economists polled by ET predict the Reserve Bank of India will hold its policy rate steady at the upcoming June meeting. This...
Epstein files reveal ongoing ties with this one wealth managerDespite the allegations surrounding Jeffrey Epstein, Bank of America wealth adviser Paul V. Morris maintained connections with Epstein for ...
Deutsche Bank investors urge bank to keep lid on costsDeutsche Bank investors are calling for strict cost discipline at the bank's annual meeting. Some shareholders plan to vote against a propo...
Avaada seeks $800 million to refinance Brookfield Asset Management debtAvaada Group is raising $800 million to refinance existing debt. This move aims to reduce finance costs before the group's planned public m...
Vedanta Resources looking to rejig $5.5 bn holdco debt in one goAnil Agarwal's Vedanta Resources Ltd is in talks with global banks to refinance its $5.25-5.5 billion debt. The company aims to raise $3.5-...