News
China Slowdown Struggling to Channel Money into Real Economy
A credit boom in China failed to keep economic recovery on track in the first quarter, suggesting the cash sloshing around the economy is not yielding the desired effect of stoking growth and could ...S&P Facing Second Class Action by Australian Investors
Scores of Australian investors have filed a second class-action lawsuit against Standard & Poor's (S&P), claiming the ratings agency misled them by giving its highest rating to derivatives ...
Majesco’s Fall ’26 Product Release Accelerates the Journey to a Frontier Firm We are standing at the edge of a...
China to Require More Detail on Bank Loans to Financial Institutions
The China Banking Regulatory Commission (CBRC) will require banks to provide more detailed reports on loans provided to other financial institutions through the interbank market, two people close to ...
IMF Issues Stern Advice for World’s Major Economies
The International Monetary Fund had stern advice for the euro zone and other major economies on Tuesday in its periodic update on the health of the world economy. The following are the highlights ...
M&A Leaks Fall As Regulators Get Tough, Deals Drop
Increased vigilance among regulators and a subdued market for takeovers have deterred investment bankers from leaking information about deals, according to an international study published on ...Benchmark Interest Rate Setters Can’t Use Estimates: Regulator
Global benchmark interest rates should be based on actual transactions rather than estimates, the top global securities regulatory body said on Tuesday, after a spate of rate-rigging scandals knocked ...U.S. Court OKs Lehman Settlements; Frees Up $15B For Customers
A U.S. judge on Tuesday approved a set of settlements among Lehman Brothers entities that will allow the company's defunct brokerage to pay back about $15 billion in customer claims. The intercompany ...Moody’s Affirms China Rating, Lowers Outlook After Fitch Downgrade
Moody's Investors Service on Tuesday affirmed China's government's bond rating of Aa3 but cut the outlook to stable from positive, the second pessimistic revision by a foreign ratings agency this ...