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Asia braces for growth hit from Ukraine-driven inflation shock
Reuters, Published on 09/03/2022
» An oil-driven inflation shock triggered by the war in Ukraine is forcing Asia's policymakers to rethink their assumptions for 2022, with the risks of weak growth coupled with surging prices adding unwanted complexity to monetary setting plans.
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Is inflation spiraling out of control?
Jon Fernquest, Published on 30/04/2012
» Higher oil prices, wages & govt handouts to ease cost of living, all pushing up production costs & goods prices. Central bank move to control likely.
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Asia stocks mixed on patchy US economic data
AFP, Published on 06/08/2015
» HONG KONG - Asian stocks were mixed on Thursday, as gains on Wall Street drove trading in Tokyo but patchy US economic data fed wider uncertainty in the region.
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Thai bonds post longest rally
Bloomberg News, Published on 02/12/2014
» Thailand's slowest inflation in five years and prospects of a protracted slump in oil prices are a boon for bond investors enjoying the longest rally since 2010.
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RBS fined $612m for Libor violations
AFP, Published on 07/02/2013
» LONDON - State-rescued Royal Bank of Scotland will pay fines totalling $612 million (453 million euros) to US and British regulators to settle allegations of Libor interest rate rigging, it announced on Wednesday.
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RBS profits fall 22%
Published on 03/08/2012
» Royal Bank of Scotland Group Plc, Britain’s biggest taxpayer-owned lender, said its profit fell 22% in the second quarter as revenue from its markets unit slipped amid the worsening European sovereign debt crisis.
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Standard Chartered rejects Iran money laundering claims
AFP, Published on 08/08/2012
» LONDON: Shares in emerging markets specialist Standard Chartered Bank plunged Tuesday after US regulators charged that it hid $250 billion in deals with Iranian banks in violation of US sanctions.
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Top banks downgraded
Published on 22/06/2012
» WASHINGTON - The health of 15 of the world's largest financial institutions has been called into serious question after Moody's downgraded their credit ratings, citing risk exposure and the eurozone crisis.
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