Swiss cenbank to press ahead with FX interventions despite U.S. manipulation tag

[ad_1] ZURICH (Reuters) -The Swiss National Bank rejected accusations of currency manipulation by the United States on Wednesday, saying the label would not deter it from acting aggressively on forex…

BOJ’s Kuroda signals readiness to act as market rout heightens chance of easing next week

[ad_1] TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said the central bank was ready to act “without hesitation” if market volatility blamed on the coronavirus outbreak undermines the…

Small U.S. businesses were already struggling. Then coronavirus hit

[ad_1] (Reuters) – Many small businesses were struggling with funding shortfalls and financial challenges even before the coronavirus pandemic hit, leaving them with little cash on hand to weather the…

Euro zone corporate lending growth slows as monthly flows dry up

[ad_1] FILE PHOTO: A woman walks past the European Central Bank (ECB) headquarter as the spread of the coronavirus disease (COVID-19) continues during an extended lockdown and a demand by…

Turkey’s Isbank says reduces interest rates for housing loans

[ad_1] ISTANBUL, Sept 13 (Reuters) – Turkey’s Isbank reduced interest rates for housing loans, the lender said on Friday, after the central bank cut its key policy rate by 325…

TREASURIES-U.S. yields fall as worries about Italy resurface

[ad_1] * Italy’s new PM outlines budget-busting economic plan * Upcoming debt auctions, Fed meeting temper Treasuries buying * Upbeat U.S. services data briefly pare bond purchases (Updates market action,…

Italy 50-yr bond drew bumper demand from Germany – debt management chief

[ad_1] ROME, July 10 (Reuters) – More than 80% of the demand for Italy’s 50-year debt issue on Tuesday came from foreign investors, with Germany in the forefront, the head…

UPDATE 4-Sweden ends five years of negative rates with hike to zero

[ad_1] * Riksbank is first central bank to exit negative rates * Sees benchmark rate on hold at 0.0% through 2021 * Swedish crown broadly unchanged (Adds further central bank…

Swiss banks see growth shifting to EU if no treaty is struck

[ad_1] GENEVA (Reuters) – Swiss banks will have to shift more operations to the European Union if Switzerland fails to secure a treaty with the trading bloc, Geneva private bankers…

Russia’s developer Inteko says business not hurt by B&N situation

[ad_1] MOSCOW, Sept 20 (Reuters) – Russian real estate developer Inteko said on Wednesday it had no credit lines open in Russia’s B&N Bank, and the situation with the lender…