In the midst of Angola’s oil boom, in 2011, Vera Daves de Sousa, then the head of research of a local bank, was a regular guest on TV discussing financial markets and the economy of Africa’s second-biggest crude producer.
Xerox Holdings Corp is considering making a cash-and-stock offer for personal computer giant HP Inc at a premium to its market value of about US$27 billion (S$36.7 billion), the Wall Street Journal reported, a deal that could combine two of the biggest American names in office hardware.
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…it did not wait for answers before stepping in. The central bank ’s gross cumulative support for the market — which allows banks and investors to borrow cash in exchange for Treasuries and other high…
Global ratings agency Moody’s on November 6 placed private sector lender Yes Bank’s ratings under review for downgrade, further confounding the pains for the lender that has been dogged by many an issue since the past one year.
Xerox is considering a takeover of PC and printer maker HP, an audacious move that would unite two fading stars of technology.
Cross-border usage of China’s yuan currency exceeded 14 trillion yuan ($2.00 trillion) during the January-September period, up 20% from a year earlier, a central bank official said on Wednesday.
- Cross-border yuan usage jumps 20% in Jan-Sept on capital market opening - c.banker (Reuters: Nov 6, 2019 at 3:17 AM)
- Cross-border yuan usage jumps 20% in Jan-Sept on capital market opening - c.banker (Reuters: Nov 6, 2019 at 2:20 AM)
China’s digital currency aims to substitute for the central bank’s M0 supply of paper notes and coins, and its issuance will hold no implications for monetary policy, a central bank official said on Wednesday.
Pakistan had borrowed $514.55 million from foreign commercial banks in first quarter (July-September) of the current fiscal year 2019-20.
South Korea’s current account surplus reached an 11-month high in September, although its amount narrowed from a year earlier due to slowing exports, central bank data showed Wednesday.