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NEW YORK, April 30 (Reuters) - Global shares edged lower Monday, posting their first monthly loss this year as Spain sank into recession and the U.S. economy showed signs of slowing.
MUMBAI/NEW DELHI: Credit rating agencies for years assigned high ratings to India's Infrastructure Leasing & Financial Services (IL&FS) and its group companies despite its deteriorating financial health, according to a special audit conducted by Grant Thornton India.
KUALA LUMPUR: Malaysia’s financial system is expected to remain resilient under severe macroeconomic and financial strains, with financial institutions maintaining capital buffers in excess of regulatory minima even under adverse scenarios, says Bank Negara.
TOKYO: Japan's Nikkei share average fell more than 2 percent to its lowest level since October 2014 on Wednesday as worries about the health of global banks persisted.
FRANKFURT, Germany (AP) - European regulators will release potentially unsettling details on the finances of 90 banks on Friday to increase transparency and convince markets that the financial system as a whole could withstand big shocks, such as a Greek debt default.
NEW YORK (AP): Investors are feeling more confident about putting their money in banks.
MALAYSIA, by emphasising on education and technology, and encouraging small and medium-size enterprises (SMEs), has adopted the most appropriate stance in the current global trade scenario, where China is rapidly becoming the dominant trading power in Asia, according to I>Time/Imagazine senior editor (business and technology) Jim Erickson.