BENGALURU (Reuters) -The Reserve Bank of India on Tuesday proposed changes to the way banks assign risk weightage to loans and the so-called expected credit loss (ECL) framework, in a move aimed at aligning domestic regulations with global norms. The proposed changes seek to ease the risk weightage, or capital that must be set aside, …
India’s central bank proposes changes to credit risk rules for lenders Read More »
LISBON (Reuters) -The Bank of Portugal on Tuesday raised the economic growth outlook for this year to 1.9% from 1.6% it predicted in June, citing stronger-than-expected private consumption while exports growth was slowing down. It expects gross domestic product, which expanded 2.1% in 2024, to grow by 2.2% next year and 1.7% in 2027, the …
Bank of Portugal ups 2025 growth forecast on stronger private consumption Read More »
SARAJEVO (Reuters) -Economic growth for six Western Balkans countries is projected to slightly increase in 2026 on stronger exports and investment after a slowdown this year, the World Bank said on Tuesday. Albania, Bosnia, Kosovo, Montenegro, North Macedonia and Serbia are forecast to collectively have economic growth of 3.1% in 2026 and 3.6% in 2027. …
World Bank sees better growth for Western Balkans but more work needed on jobs Read More »
LONDON (Reuters) -The World Bank has lifted its growth outlook for the region encompassing the Middle East, North Africa, Afghanistan and Pakistan for 2025, though trimmed its forecast for next year, citing conflict and lower oil production in Iran and Libya. The Washington-based lender said it now expected regional GDP growth across MENAAP economies to …
World Bank lifts growth forecast for Middle East region, Iran suffers contraction Read More »
By Duncan Miriri NAIROBI (Reuters) -Sub-Saharan African economies are expected to grow by a faster 3.8% this year on the back of stable prices that have spurred easing by policymakers, the World Bank said on Tuesday, and the momentum will increase in the next two years. The upgrade from 3.5% in April was driven by …
World Bank raises Sub-Sahara Africa growth forecast on inflation drop Read More »
By Rodrigo Campos NEW YORK (Reuters) -The World Bank nudged up its estimate for economic growth in Latin America and the Caribbean next year, though the region remains the world’s slowest-growing due to stubborn inflation, high debt and rising uncertainties due to U.S. tariff policies. The region’s economy is likely to expand 2.5% in 2026, …
World Bank lifts Latin America economic growth estimate for 2026 Read More »
A look at the day ahead in European and global markets from Rae Wee France finds itself in the depths of a political crisis once again as it cycles through five prime ministers in 21 months – hardly good news for any investor looking to park money in Paris. Markets will likely face a second …
By Stephen Culp NEW YORK (Reuters) -The S&P 500 and the Nasdaq advanced on Monday, as artificial intelligence-related dealmaking boosted investor sentiment even as the U.S. government shutdown extended through its sixth day. The Nasdaq and the S&P 500 reached record closing highs, while the blue-chip Dow inched lower. Chips took the lead after AMD …
S&P 500, Nasdaq reach all-time closing highs on AI dealmaking boost Read More »
By Lucy Craymer WELLINGTON (Reuters) -New Zealand’s central bank said on Tuesday it would form a new financial policy committee that would give it the power to set prudential requirements for banks and help it to make decisions over mortgage lending ratios. The move is in line with recommendations that followed a recent parliamentary inquiry …
New Zealand central bank to set up new financial policy committee Read More »
By Shashwat Chauhan, Amir Orusov and Pranav Kashyap (Reuters) -European stocks recouped their losses on Monday after the fall triggered by the unexpected resignation of French Prime Minister Sebastien Lecornu was offset by a rally in semiconductor stocks following AMD’s chip supply deal with OpenAI. The pan-European STOXX 600 closed flat. The index briefly hit …
Government collapse triggers French equities’ steepest fall in over a month Read More »
