Trade turmoil a persistent risk: Moody’s

High trade costs, ongoing uncertainty weighs on corporate planning, investment. Protectionist U.S. trade policy is raising the cost of global trade and poses a downside risk to the global credit outlook, says Moody’s Ratings. In a new report, the rating agency...

Global bank liquidity rose in Q1: BIS

The provision of cross-border bank credit reached a record high. Global bank liquidity grew in the first quarter as cross-border credit rose to record heights, according to new data from the Bank for International Settlements (BIS). In a new report, the...