BEIJING (Reuters) – China on Wednesday said it is widening the uses for commercial property lending by banks in its latest effort to ease a liquidity crunch facing troubled real estate firms.…
HONG KONG (Reuters) – Bank of China, one of China’s top four state-owned banks, has offered offshore loans to cash-starved Chinese property developer Longfor Group Holdings Ltd, it said in a statement…
DUBAI (Reuters) – Saudi Arabia’s stock exchange said on Sunday it was launching a market-making framework for its stock and derivatives markets to help ensure liquidity and raise price-determination efficiency. Entities must…
By Joe Bavier JOHANNESBURG (Reuters) – African nations facing a food crisis brought on in part by the global pandemic and conflict in Ukraine need immediate liquidity support and in some cases…
WASHINGTON (Reuters) – The International Monetary Fund said on Tuesday its executive board has approved a two-year, 530 million-euro precautionary and liquidity line arrangement for North Macedonia to address economic fallout from…
By Michael S. Derby (Reuters) – The way the banking system manages its cash suggests the financial system may not be as flush as many now understand, and that could have implications…
By Dhara Ranasinghe BRUSSELS (Reuters) – Debt agency officials are conscious that the end of central bank largesse has unleashed volatility in fixed-income markets, but bonds are becoming more attractive again, a…
(Reuters) – The U.S. Securities and Exchange Commission on Wednesday will vote on proposing new rules aimed at better preparing the mutual fund industry for distressed market conditions, including a new pricing…
(Reuters) – The U.S. Securities and Exchange Commission on Wednesday will vote on proposing new rules aimed at better preparing the mutual fund industry for distressed market conditions, including a new pricing…
BOGOTA (Reuters) – Colombian Finance Minister Jose Antonio Ocampo has asked the country’s central bank to discuss liquidity in futures markets in its monthly meeting this Friday, he said on Wednesday, at…
SHANGHAI (Reuters) – Chinese regulators have urged money market fund managers to improve investor structure and ensure adequate holdings of liquid assets, three sources told Reuters, as authorities seeks to head off…
SEOUL (Reuters) – South Korea may ease some of the liquidity requirement rules on financial companies as there are some signs of stress in the short-term money market, the head of the…
NEW YORK (Reuters) – Trying to navigate through global market stresses is like “whack-a-mole,” Citigroup Inc CEO Jane Fraser said on Friday, as she added the bank is constantly stress testing scenarios.…
SEOUL (Reuters) – South Korea’s finance ministry said on Friday it would prepare to have tools ready for the authorities to supply foreign exchange liquidity to financial institutions if needed. It made…
SYDNEY (Reuters) – Australian fund manager Magellan Financial Group said a big client had redeemed about $1 billion in September to satisfy liquidity requirements as markets reeled late in the month, sending…
BUDAPEST (Reuters) – Hungary’s central bank accepted 2.093 trillion forints ($4.90 billion) worth of bids from banks at its first floating-rate two-month deposit tender on Wednesday as part of its efforts to…
BERLIN (Reuters) – Soaring energy prices are costing Germany investments in the key automotive sector, where a growing number of companies are facing liquidity shortages, the head of the VDA industry association…
DAR ES SALAAM (Reuters) – Tanzania’s central bank will reduce liquidity in the economy in September and October to slow rising inflation in the east African country, a statement from the bank’s…
ZURICH (Reuters) – The Swiss National Bank is going to use SNB bills and repo transactions to absorb liquidity in order to ensure short-term money market rates remain close to the now…
By Julia Payne and Dmitry Zhdannikov LONDON (Reuters) – Europe’s problems in sourcing oil and gas this winter after a dispute with Russia may be exacerbated by a new crisis in the…
SEOUL (Reuters) -South Korea’s financial regulator said it advised local banks on Tuesday to manage foreign-exchange liquidity positions in a more conservative manner than before given the possibility of a prolonged period…
(Reuters) – Australia’s bank regulator said on Thursday Westpac Banking Corp no longer needs to keep an additional amount of cash reserve after the company took steps to rectify issues related to…
BEIJING – China’s central bank said on Wednesday it will step up the implementation of its prudent monetary policy and keep liquidity reasonably ample. The People’s Bank of China said it will…
SHANGHAI – China’s central bank said on Saturday it had signed an agreement with the Bank for International Settlements to establish a Renminbi Liquidity Arrangement (RMBLA) that will provide support to participating…
By Jamie McGeever ORLANDO, Fla. – If estimates that world markets face a record $4 trillion liquidity drain over the next 18 months are even close to accurate, hold on to your…
By Mike Dolan LONDON – Coordinated or not ahead of this month’s G7 summit, global central banks are accelerating interest rate hikes but also actively draining the giant pool of cash swilling…