Financial Services

China-Africa trade deficit prominent at conference

Sep 2, 2018

African banker: Continent's leaders likely to press Beijing over trade deficit at conference this week

China tightens controls to slow currency's fall

Aug 6, 2018

China has tightened controls on trading in its yuan following a decline against the U.S. dollar that has raised the danger of an outflow of capital from the world's second-largest economy

India's central bank raises key lending rate to 6.5 percent

Aug 1, 2018

India's central bank has raised its key interest rate by a quarter of a percentage point to 6.5 percent, saying that global growth has become uneven and risks to the outlook have increased with rising trade tensions

In White House meeting, US praises Ethiopia's PM on reforms

Jul 28, 2018

In White House meeting, US praises Ethiopia's new prime minister on 'historic' reforms

China's yuan falls against dollar, helping exporters

Jul 20, 2018

China's currency weakens against US dollar, helping exporters

China central banker says currency slide under observation

Jul 3, 2018

The head of China's central bank says he's keeping a close eye on the recent slide of the nation's currency, the yuan, against the dollar, but that the country's economic fundamentals remain strong

China regulators free up extra $100B for bank lending

Jun 25, 2018

China has freed up an extra $100 billion for bank lending in a move financial analysts said could help to reassure investors amid trade tensions with Washington

Global markets higher ahead of Trump-Kim meeting

Jun 11, 2018

Global markets are mostly higher as Donald Trump prepares to meet North Korean leader Kim Jong Un.

Asian markets mixed ahead of Trump-Kim summit in Singapore

Jun 11, 2018

Asian markets were mixed Monday before President Donald Trump planned to meet North Korean leader Kim Jong Un and after his outburst at Canada's prime minister over trade

India's central bank raises key lending rate to 6.25 percent

Jun 6, 2018

India's central bank has raised its key interest rate by a quarter of a percentage point to 6.25, as inflation rose following an increase in global oil prices

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