The International Monetary Fund (IMF) on Tuesday warned that financial vulnerabilities have continued to rise since the COVID-19 pandemic’s outbreak.
The Group of 20 industrialized nations are poised to renew a debt-relief initiative for the world’s poorest countries struggling with Covid-19 through at least the first half of 2021 when it meets tomorrow, according to people familiar with the plans.
Although there had been optimism about third-quarter earnings, there were some downbeat reports on Tuesday.
Indian economy, hit hard by the COVID-19 pandemic, is projected to contract at a higher of 10.3 percent in 2020 than the earlier prediction of 4.5 percent.
The bank continues to review what personnel it needs to oversee its evolution
The asset manager reported $7.8tn in assets under management and $128.7bn in inflows.
Cash might be king, but financial technology (fintech) might have something to say about that.
Money has been pouring into the firm’s corporate and mortgage bond funds while its more flexible behemoths have suffered considerable outflows.
India will regain its position as the fastest-growing emerging economy in 2021, the International Monetary Fund said on Tuesday.
…of a surge in defaults and insolvencies”. Losses on corporate debt holdings could prompt non- bank lenders to “step back from providing credit to these segments of the corporate sector, which would…