Aaj News

Business & Economy

Dollar slides after Fed signals pause; banking woes dent confidence

The Fed on Wednesday raised its benchmark overnight interest rate

Published 04 May, 2023 10:44am

Business & Economy

Deutsche Bank to make more cuts as profits rise

Global revenues at the banking group rose by five percent

Published 27 Apr, 2023 12:21pm

Business & Economy

Barclays quarterly profit jumps on rising rates

Britain is enduring a cost-of-living crisis

Published 27 Apr, 2023 12:08pm

Business & Economy

Asian shares sink on banking jitters, US economic concerns

Geopolitics also cast a pall over markets

Published 27 Apr, 2023 09:23am

Business & Economy

Russia’s VTB to launch digital bank on VKontakte social network

Russia is pushing its Mir payment cards

Published 26 Apr, 2023 01:34pm

Business & Economy

Swiss regulator says two banks’ crisis plans are insufficient

The financial regulator had positively viewed the crisis plan Credit Suisse

Published 26 Apr, 2023 12:50pm

Business & Economy

Dollar, yen boosted as US banking sector fears put safe-havens back in vogue

The dollar index , which measures the currency against six major rivals

Published 26 Apr, 2023 12:04pm

Business & Economy

US futures bounce but bank worries boost safer bets

Facebook parent Meta Platforms (META.O) reports later in the day

Published 26 Apr, 2023 11:39am

Business & Economy

Miners, banks push FTSE 100 lower; Whitbread jumps

The FTSE 100 started the week on a tepid note

Published 25 Apr, 2023 03:50pm

Business & Economy

Central banks cut dollar operations with Fed as market stress eases

The daily tenders were made available after the failure of Silicon Valley Bank

Published 25 Apr, 2023 02:23pm

Business & Economy

Turkey central bank gross reserves seen down $5b last week -bankers

The bankers said the forex demand had shown a clear rise in recent weeks

Published 25 Apr, 2023 01:50pm

Business & Economy

UniCredit fails to win support for pay policy from major shareholder Allianz

The new policy was approved with 69% of votes

Published 25 Apr, 2023 01:40pm

Business & Economy

First Republic Bank deposits tumble more than $100b as it explores options

The deposit slump overshadowed profits that beat expectations

Published 25 Apr, 2023 12:48pm

Business & Economy

Sale of Italy’s MPS should help create several big banks, says Meloni

Monte dei Paschi (MPS), of which the government owns 64%

Published 22 Apr, 2023 04:00pm

World

India Yes Bank’s net profit drops 45% in January-March on higher provisions

Net profit fell to 2.02b Indian rupees $24.63m

Published 22 Apr, 2023 01:14pm

Business & Economy

ECB market rate bets: still some unfinished business for the hawks

Having firmly scaled-back rate expectations amid last month’s market turmoil

Published 19 Apr, 2023 02:43pm

Technology

Hong Kong woos mainland China crypto firms in push to bolster finance hub status

Top government officials, such as Hong Kong chief executive John Lee

Published 13 Apr, 2023 02:34pm

Business & Economy

Alibaba shares plunge on SoftBank’s stake sale report

The sale would come as valuations of China’s big tech

Published 13 Apr, 2023 11:28am

Business & Economy

Credit Suisse job cuts must be frozen -bank employees leader says

SBPV managing director Natalia Ferrara has written to lawmakers

Published 11 Apr, 2023 02:25pm

World

Bank worker kills five co-workers in Louisville, Kentucky shooting

The gunman was fatally shot at the scene, Louisville police said

Published 11 Apr, 2023 12:25pm

Business & Economy

Silkbank in talks about potential investment by South Sudan bank

Analysts say Silkbank, Summit Bank’s capital adequacy have been below criteria set by SBP

Published 06 Apr, 2023 09:37pm

Business & Economy

Foreigners sell Asian equities in March on banking sector woes

Asia’s factory activity weakened in March as soft overseas

Published 06 Apr, 2023 03:04pm

Business & Economy

World stocks survive banking turmoil - but for how long?

Banking sector turmoil has not dented demand for equities

Published 06 Apr, 2023 12:12pm

Business & Economy

German banks hit by wave of complaints from savers

It received 15,000 complaints from consumers in Europe’s largest economy

Published 06 Apr, 2023 11:00am

Business & Economy

U.S. banks are dangling promotions to lock in customer deposits, analysts say

U.S. banks are trying to woo depositors by offering signing bonuses

Published 06 Apr, 2023 10:54am

Business & Economy

UBS tells investors shotgun Credit Suisse takeover a ‘major challenge’

the first merger of two globally systematically important banks

Published 05 Apr, 2023 02:55pm

Business & Economy

Exclusive: Europe’s banks ramp up bespoke loan trades to reduce risk

These “significant risk transfer” (SRT) transactions are not new

Published 05 Apr, 2023 02:51pm

Technology

Cryptoverse: Bitcoin traders like their options

investors are keeping their options open

Published 04 Apr, 2023 11:01am

Business & Economy

Credit Suisse faces anger at final shareholder meeting

The hastily-arranged takeover by Zurich-based UBS

Published 04 Apr, 2023 10:49am

Business & Economy

UK extends trading plan to sell NatWest stake by two years

The British government has extended a trading plan

Published 03 Apr, 2023 02:35pm