Japan’s MUFG Bank obtains bond settlement agent license in China
TOKYO -- Japan's MUFG Bank has received a license from the People's Bank of China to act as a settlement...
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Rishi Sunak should scrap Bank of England inflation target to focus on GDP growth, says Jim O’Neill
“It wouldn’t guarantee a V-shaped recovery but it would certainly increase the probability of one. I do suspect there are...
The Bank of England is propping up bloated financial markets but doing the economy no good
On-going QE warped the price of houses and other real assets, widening wealth inequality in the UK and beyond. But...
Economy on track for rapid V-shaped recovery, says Bank of England chief economist
The economy is on track for a short V-shaped recession following early signs that spending has jumped by more than...
Bank of America, Facebook defied April slump with higher programmatic spend
Dive Brief: Bank of America, Electronic Arts, Facebook, Grubhub and Slack were among the handful of major companies that boosted...
Thai central bank cuts policy rate for third time this year
BANGKOK -- Thailand's central bank decided on Wednesday to ease monetary policy for the third time this year as it...
Tesco Bank launches free cash delivery service for vulnerable customers
Tesco Bank has become the first to offer home deliveries of cash to vulnerable people who are shielding from coronavirus....
Tesla secures $565m loan from Chinese bank for Shanghai plant
PALO ALTO, U.S. -- Tesla has entered into an agreement with a Chinese bank for an unsecured revolving-loan facility of...
Tesla secures $560m loan from Chinese bank for Shanghai factory
PALO ALTO, U.S. -- Tesla said it entered into an agreement with a Chinese bank for an unsecured revolving loan...
Bank of England’s predictions for our recovery look worryingly optimistic
The Bank's predictions of a strong rebound after the crisis depend on a number of deeply uncertain suppositions When the...
