Corporate loan rates in Europe have increased

admin2024-04-09T15:16:19+03:00

European companies may find it difficult to negotiate the softer interest rates typically offered by the relationship-based corporate loan market as inflation and monetary tightening begin to weigh on the pockets of their backers.

Wall Street banks raise benchmark rates to match Fed hike

admin2024-04-09T15:17:28+03:00

American banks JPMorgan Chase & Co., Citigroup and Wells Fargo & Co said they raised their key lending rates by 75 basis points to 4.75 percent, matching the Federal Reserve's rate hike earlier in the day.

Singapore’s exports rose 12.4% year-on-year in May

admin2024-04-09T15:18:10+03:00

Singapore's core non-oil domestic exports (NODX) jumped in May from a low a year ago, trade agency Enterprise Singapore (ESG) said.

Fitch cuts its GDP forecasts

admin2024-04-09T15:18:43+03:00

Headwinds are growing, worsening the outlook for the world's leading economies.

Rockefeller sees banks growing wary of China

admin2024-04-09T15:19:17+03:00

Greg Fleming, chairman of adviser Rockefeller Capital Management, said he sees financial institutions becoming increasingly cautious about expanding into China due to rising geopolitical tensions and pandemic restrictions.

The EU economy grew by 5.4% in the 1st quarter

admin2024-04-09T15:19:48+03:00

According to Eurostat, the economies of Sweden, France and Denmark are contracting on a quarterly basis.

Private loans encourage the emergence of alternative managers: Moody’s

admin2024-04-09T15:20:25+03:00

The growth of private capital and private credit are mutually reinforcing.

FDI inflows to Bahrain increased by 73% in 2021

admin2024-04-09T15:21:31+03:00

According to the World Investment Report 2022 published by the United Nations Conference on Trade and Development (UNCTAD), foreign direct investment (FDI) inflows into Bahrain increased by $1.766 billion in 2021, up 73% year-on-year. last year and exceeded the...

FDI inflows into China rose 17.3% in first five months

admin2024-04-09T15:22:07+03:00

Foreign direct investment (FDI) in mainland China, actually tapped, rose 17.3 percent year on year to 564.2 billion yuan in the first five months of the year, the Ministry of Commerce said.

Banks’ financial assets will suffer: Fitch

admin2024-04-09T15:22:51+03:00

A sharp spike in market volatility is likely to damage fee income and investor confidence.