EU’s Top Lenders Would Need Central Bank Aid in Crisis, SRB Says
The failure of Credit Suisse Group AG shows that Europe’s top lenders would still need liquidity assistance from central banks if they were to collapse, according a top regulator.
The failure of Credit Suisse Group AG shows that Europe’s top lenders would still need liquidity assistance from central banks if they were to collapse, according a top regulator.
A week after Thailand’s pro-democracy parties garnered an historic win in national elections, investors are getting nervous over the formation of a coalition government.
Italy won’t lose its investment-grade status at Moody’s Investors Service for now after the company chose not to issue a new assessment on one of Europe’s most indebted countries.
Singapore is seeking to expand the talent pool for artificial intelligence and data analytics in the finance sector.
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China has questioned the “sincerity” of the Biden administration, as it pushes to resume high-level diplomatic talks with Beijing while also heaping tech sanctions on its main economic rival.
A Thai lawyer filed a complaint against the party that won last week’s general election over its vow to amend the country’s royal defamation law, the latest sign that the process of forming a new government could get protracted.
Rising household debt is a “time bomb” awaiting Thailand’s new government, and the problem will likely be more apparent when the ongoing economic recovery loses momentum, an official said.
The US and Papua New Guinea signed two new security agreements on Monday aimed at bolstering ties in a move seen as an effort to counter to China’s growing influence in the Pacific.
From low-cost airline Ryanair Holdings Plc to clothing and food chain Marks & Spencer Group Plc, earnings this week will reveal more about the health of the consumer-facing companies leading the charge on the Stoxx Europe 600 this year — and customers’ wallets.