The crisis at IndusInd, India’s fifth-largest private bank
In today’s newsletter, lots of space for SpaceX in India, with both Bharti Airtel and Reliance Jio announcing partnership ...
Bank of Canada Cuts Policy Rate to 2.75% as Economy Faces ‘New Crisis’
The central bank must balance the risk of tariff-fueled higher inflation and the damage to growth from U.S. trade policy, Gov ...
Wall Street turmoil rattles retirement savers, turning financial planners into therapists
Turmoil on Wall Street is keeping financial planners’ phones ringing as 401 (k) holders watch their retirement account balances fall with the stock markets they’re tied to. For the most part, they’re ...
Current20h
How NPR escaped a financial crisis with help from friends in high places
In the prologue, excerpted here, Oney explores a pivotal night when NPR narrowly avoided financial implosion, thanks to a ...
IndusInd Bank: ICAI may look into bank's financial statements following accounting crisis
IndusInd Bank reported that discrepancies in its derivative portfolio may result in a decrease of approximately 2.35% in its ...
Bank of Canada Cuts Rates for Seventh Time, Warns of “Crisis” from U.S. Trade War
The Bank of Canada has lowered interest rates by 25-basis points, saying that the country is “facing a new crisis” due to its ongoing trade ...
Canada’s next prime minister has managed the financial crisis, Brexit and now Trump’s trade war
Former central banker Mark Carney will become prime minister after the governing Liberal Party elected him its leader Sunday ...
Bank of Canada Cuts Rates as Economy Faces ‘New Crisis’
The Bank of Canada cut its main interest rate by a quarter point to help offset weaker consumer spending and business investment stemming from trade-policy uncertainty. However, the bank tempered ...
Exploring the Canadian banking system's resilience: The relationship between capital ratio and liquidity creation
The Canadian banking system is well-known worldwide for its financial stability and resilience to economic turmoil. Canadian ...
Who is Mark Carney, the crisis-handling former central bank governor turned Canada’s next leader?
Canada’s next leader is a relative political newcomer, coming instead from a decades-long career in finance where he steered governments through major global crises and periods of upheaval – ...