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

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

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

Exclusive: Wall Street relaunches Russian bond trading after US green light

NEW YORK, Aug 15 (Reuters) – Several major Wall Street banks have started offering to facilitate Russian debt trading in recent days, according to banking documents reviewed by Reuters, giving investors another chance to dispose of widely considered assets. toxic in the West. Most US and European banks withdrew from the market in June after … Read more

Berkshire Hathaway records massive loss of $ 43.8 billion; operational results improve

Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear the billionaire investor at Berkshire Hathaway Inc’s Annual Shareholders’ Meeting in Omaha, Nebraska, USA, May 4, 2019. REUTERS / Scott Morgan // Photo file Register now for FREE unlimited access to Reuters.com Sign in Aug 6 (Reuters) – Falling US … Read more

Inflation begins to strain the finances of low-income American youth

A shopper wearing a face mask is pictured at a Dollar Tree store in Pasadena, California, USA, June 11, 2020. REUTERS / Mario Anzuoni Register now for FREE unlimited access to Reuters.com Sign in NEW YORK, Aug 1 (Reuters) – As high inflation forces Americans to spend more on gas and utility bills, young, low-income … Read more

Analysis: The world’s largest bond markets are making a comeback as recession fears increase

Global indices are displayed on a screen in the trading room of the New York Stock Exchange (NYSE) in Manhattan, New York City, USA, August 19, 2021. REUTERS / Andrew Kelly Register now for FREE unlimited access to Reuters.com Sign in LONDON, 29 Jul. (Reuters) – One day you are out and the next day … Read more