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It leads to the survival of ‘zombie’ companies and gives false sense of comfort
TOKYO: Bank of Japan (BOJ) Governor Haruhiko Kuroda said second-round effects of the coronavirus pandemic could hurt the Japanese economy "considerably", signalling the bank's readiness to ramp up stimulus measures again to cushion any blow from the crisis.
TOKYO: Shareholders in Mizuho Financial Group Inc have rejected a motion for it to align its business to the Paris Agreement, the global pact to fight climate change and its effects.
BEIJING, June 24 (Xinhua) -- China's central bank on Wednesday pumped cash into the banking system via reverse repos to maintain liquidity.
Some say zoos merely exploit animals to earn money but others contend they do valueable conservation work. Who's right?
We need to assess the financial system’s weaknesses
BEIJING (Xinhua): China's central bank on Monday (June 22) pumped cash into the banking system via reverse repos to maintain liquidity. The People's Bank of China injected a total of 120 billion yuan into the market.
FRANKFURT: The economic fallout from the coronavirus has battered a sector that never recovered from the global financial crisis more than a decade ago. The focus for the rest of the year is on how banks can handle looming loan losses, whether any will be able to pay dividends, and possible further regulatory relief.