Key takeaways from the IMF/World Bank meetings
World Bank President Ajay Banga, World Bank Secretary Mercy Tembon, Ukraine Minister of Finance Serhiy Marchenko, International Monetary Fund (IMF)...
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Ferrari to accept crypto as payment for its cars in the US
The logo of Ferrari is seen in the headquarters as CEO Benedetto Vigna unveils the company's new long term strategy,...
EU lawmakers push to weaken corporate sustainability disclosure
European Commissioner for Financial Stability, Financial Services and the Capital Markets Union, Mairead McGuinness speaks during the press conference on...
Banking turmoil backs case for ‘final mile’ of Basel capital rules, says watchdog
De Cos: rules will not mean significantly more capitalDe Cos: AT1 instruments may need more transparencyLONDON, Oct 13 (Reuters) -...
No ‘big opening’ for rate cuts in central Europe, IMF says
The logo of the Polish Central Bank (NBP) is seen on their building in Warsaw, Poland, September 25, 2023. REUTERS/Kacper Pempel Acquire Licensing RightsCEE should maintain tight monetary stance -IMF directorBe ready to raise rates again if needed, he saysPolish, Hungarian CPI to remain among highest in EuropeFiscal policy should also support disinflation -IMFBUDAPEST, Oct 13 (Reuters) - Central Europe's central banks should maintain a tight monetary stance for a "considerable time" to ensure inflation is kept in check, and be ready to raise interest rates again if needed, a...
Analysts lower EU carbon price forecasts on weak industry, power demand
LONDON, Oct 13 (Reuters) - Analysts have lowered price forecasts for EU carbon permits for 2024 and 2025 on expectations...
Exclusive: Banks assess China risks after being stung by Russia sanctions
Banking industry is assessing China exposuresReview of risks sent to Western governments - UK FinanceBank boards discuss possible impact of...
EU watchdog piles pressure on banks to better quantify climate risks
LONDON, Oct 12 (Reuters) - Banks may not be fully reflecting risks from climate change in their capital buffers and...
Yellen sticks to view U.S. economy headed for soft landing
U.S. Secretary of Treasury Janet Yellen holds a news conference at the Museum of the Water Civilization in Morocco on...
UK financial regulator blocks company from approving Binance marketing
Signage for the Financial Conduct Authority (FCA), the Britain's financial regulatory body, is seen at their head offices in London, Britain March 10, 2022. REUTERS/Toby Melville/File Photo Acquire Licensing RightsLONDON, Oct 10 (Reuters) - Britain's financial regulator on Tuesday said it was stopping peer-to-peer platform rebuildingsociety.com from approving financial promotions for Binance and other crypto asset firms, days after Binance announced it had partnered with the company.Cryptocurrency exchange Binance, which is unregulated in Britain, in a blog post on Sunday said it had launched a new domain for UK users...