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  • BUSINESS

    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.

  • ADVANCED NEWS

    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.

  • WORLD

    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.

  • WORLD

    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.

  • BUSINESS

    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.

  • BUSINESS

    Bonds fall;baht steady

    Published on 25/04/2012

    » Thailand’s government bonds dropped for a second day on Wednesday after the finance ministry said it would sell more debt due in 2027 to finance its budget deficit. The baht was little changed.

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