China can raise 2024 budget deficit ratio to spur growth – central bank adviser
BEIJING (Reuters) – China can raise its budget deficit ratio next year to support the economic recovery because there is still space for the central government to issue more debt, Wang Yiming,…
Sri Lanka central bank cuts statutory reserve ratio by 200 bps
By Uditha Jayasinghe COLOMBO (Reuters) – The Central Bank of Sri Lanka has cut the statutory reserve ratio for commercial banks by 200 basis points to 2%, effective Aug. 16, it said…
High debt EU countries should cut debt ratio by 1%/GDP a year minimum -Germany
By Jan Strupczewski BRUSSELS (Reuters) – Planned new European Union public debt rules should require governments of highly indebted countries to cut debt every year by at least 1% of GDP, a…
China cuts reserve ratio given domestic pressures, overseas risks – state media
SHANGHAI (Reuters) – China’s central bank made a “timely” move by pumping liquidity into the banking system to respond to rising pressures in the domestic banking industry and growing risks abroad, a…
Spain’s public debt-to-GDP ratio falls 5 percentage points in 2022 to 113.1%
MADRID (Reuters) – Spain’s public debt-to-GDP ratio fell by more than 5 percentage points in 2022, the steepest decline ever, to 113.1% after the ratio had gained more than 20 percentage points…
Australia’s Westpac posts lower CET1 ratio as provisions rise
(Reuters) – Westpac Banking Corp said on Friday its common equity tier-1 ratio in the first quarter fell sequentially as the lender increased provisions for bad debts. The bank did not disclose…
ECB ups Banco BPM’s core capital ratio threshold to 8.7% from 8.5%
MILAN (Reuters) – The European Central Bank has raised the minimum core capital requirement at Banco BPM to 8.70% for next year compared with 8.52% at present, Italy’s third-largest bank said on…
Turkish watchdog cuts banks’ forex to capital ratio limit
ISTANBUL (Reuters) – Turkey’s BDDK banking watchdog has set the foreign currency net position to standard capital ratio for banks at a maximum 5% according to a regulation published in the country’s…
Credit default ratio in Brazil hits highest in almost 4 years
BRASILIA (Reuters) – A broad measure of Brazilian consumer and business credit default ratios rose in October to its highest level in almost four years, central bank data showed on Monday, amid…
Emerging market debt ratio climbs back to record highs -IIF
By Rodrigo Campos NEW YORK (Reuters) – Emerging markets’ debt-to-GDP ratio returned to record highs despite a $6.4 trillion decline in the global debt pile to $290 trillion in the third quarter…
Canada Q2 household debt-to-income ratio widens to new record high
Sept 12 (Reuters) – The ratio of Canadian household debt-to-income widened to a record 181.7% in the second quarter from an downwardly revised 179.3% in the first quarter, Statistics Canada said on…
Asian firms may struggle to refinance dollar debt, ratio suggests
By Patturaja Murugaboopathy (Reuters) – Asian companies are likely to find it harder to refinance dollar-denominated debt, the decline in a key metric suggests, with the currency at a two-decade high and…
Credit Suisse expects 50 bps cut in China’s first-half reserve requirement ratio
– Credit Suisse economists expect a further 50 basis point (bps) cut in China’s reserve requirement ratio (RRR) in the first half of 2022, given the Asian economy is starting to ease…
Morgan Stanley sees US debt-to-GDP ratio down 7 percentage pts in 2022
– A huge U.S. fiscal deficit from the first two years of COVID-19 spending should decline rapidly to near pre-pandemic levels, largely due to a rebound in economic growth, analysts at Morgan…
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