LONDON - Rising prices of commodities from vanilla to oil are stoking inflation expectations and turning investor attention to profit margins at companies, especially in consumption-related industries, that may struggle to pass on rising costs to consumers.
BEIJING- China’s banks extended a record 12.56 trillion yuan ($1.82 trillion) of loans in 2016 as the government encouraged more credit-fueled stimulus to meet its economic growth target, despite worries about the risks of an explosive jump in debt.
NEW YORK - Executives of big U.S. banks expressed optimism on Friday about the outlook for 2017 in their first public comments about quarterly earnings since the U.S. presidential election in November.
BEIJING/HONG KONG - China’s big state-owned banks are poised to modestly accelerate profit growth and see a steady recovery in their shares in 2017 as interest margins stabilize and government policies help ease the pace of formation of new bad loans.
FRANKFURT- Opponents of the European Central Bank’s money-printing programme openly voiced their dissent at the ECB’s latest meeting, when the bank extended its stimulus programme despite improving economic conditions, accounts showed on Thursday.
In its latest report on the state of financial inclusion in the Philippines, the Bangko Sentral ng Pilipinas provided an assessment of how access to and usage of financial services has changed in the past five years (2011-2015).
Preliminary data showed that the country’s gross international reserves (GIR) stood at $81.05 billion as of end-December 2016, Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco announced last week.
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