EXCLUSIVE India’s top lender asks exporters to trade with Bangladesh in rupees, taka

New Delhi, Sep 19 (Reuters) – The State Bank of India (SBI.NS), the largest lender, has asked exporters to avoid entering into deals with Bangladesh in dollars and other major currencies as it seeks to curb exposure to foreign reserves. decline in Dhaka, according to an internal document and a source. Bangladesh’s $ 416 billion … Read more

The Italian right-wing bloc ready for electoral victory: five questions for the markets

Register now for FREE unlimited access to Reuters.com Sign in MILAN, 19 Sept. (Reuters) – Italy’s right-wing bloc looks set to win a majority in both houses of parliament in next Sunday’s elections, at a time when soaring energy prices and rising interest rates create challenges increasing for the heavily indebted state. Giorgia Meloni, leader … Read more

US SEC cryptocurrency guidelines drive up costs for lenders, disrupting projects

WASHINGTON, Sept. 16 (Reuters) – Banks’ cryptocurrency projects have been overturned by U.S. Securities and Exchange Commission (SEC) accounting guidelines that would make it too capital-intensive for lenders to hold crypto tokens on behalf of clients. , according to more than half a dozen experts in the field. A slew of lenders including US Bancorp … Read more

Traffic, water shortages, now floods: the slow death of the Indian technological hub?

Much of Bengaluru has been submerged by the recent floods Residents forced to wade the water up to their waist The disruptions raise questions about the future of the city as a technology hub Authorities vow to act, but extreme weather conditions can complicate plans BENGALURU, Sept. 15 (Reuters) – Harish Pullanoor spent his weekends … Read more

Week ahead on Wall Street: More worries about US stocks and bonds

Morning commuters walk on Wall St. as the Union Jack flies mid-staff off the New York Stock Exchange (NYSE) in New York City, USA, September 9, 2022. REUTERS / Brendan McDermid Register now for FREE unlimited access to Reuters.com Sign in NEW YORK, Sept. 9 (Reuters) – As the Federal Reserve accelerates its balance sheet … Read more

Exclusive: Chinese financiers keep Beijing property bailout call at bay

Surveillance cameras are seen near residential buildings under construction in Shanghai, China, July 20, 2022. REUTERS / Aly Song Register now for FREE unlimited access to Reuters.com Sign in HONG KONG / SHANGHAI, Aug 25 (Reuters) – Some of China’s state-owned financial institutions are rejecting Beijing’s appeals to support the conflicting real estate sector due … Read more

Analysis: “New shock” for European markets as gas price spikes fuel inflation fears

Flames from a gas burner on a stove are depicted in a private home in this illustrative photo taken on June 27, 2022. REUTERS / Stephane Mahe / Illustration / file Photo Register now for FREE unlimited access to Reuters.com Sign in Euro zone, UK inflation and rising rate expectations The sudden darkness contrasts with … Read more

Twitter fooled US regulators about hackers, spam and whistleblowers

Aug. 23 (Reuters) – Twitter Inc (TWTR.N) misled federal regulators about its defenses against hackers and spam accounts, former social media firm Peiter Zatko said in a complaint. In an 84-page complaint, Zatko, a notorious hacker widely known as “Mudge,” claimed that Twitter falsely claimed it had a solid security plan, according to documents relayed … Read more

China cuts lending benchmarks to revive the faltering economy

FILE PHOTO: Employees work on the vehicle component production line during a government-organized media tour at a factory of German engineering group Voith, following the coronavirus (COVID-19) outbreak, in Shanghai, China, July 21, 2022. REUTERS / Aly Song Register now for FREE unlimited access to Reuters.com Sign in SHANGHAI, Aug 22 (Reuters) – China cut … Read more

Republicans Call It “Army,” But IRS Hires Will Replace Retirees, Will, Treasury Says

A security camera hangs near a corner of the US Internal Revenue Service (IRS) building in Washington on May 27, 2015. REUTERS / Jonathan Ernst / file Photo Register now for FREE unlimited access to Reuters.com Sign in WASHINGTON, Aug 19 (Reuters) – New hires from the U.S. Internal Revenue Service (IRS) over the next … Read more