ECB's Coeure says too early to decide on more stimulus – CNBC

[Buzz_Burner_Fresh_Updates] ECB's Coeure says too early to decide on more stimulus – CNBC – reuters.com FRANKFURT, Oct 12 (Reuters) – It is too early for the European Central Bank to decide on expanding or extending its asset-purchase programme, a member of the ECB’s executive board said on Monday, even after inflation in the currency bloc […]

Fitch: Thai Default Highlights Risks to Banks, But They Remain Resilient

[Buzz_Burner_Fresh_Updates] Fitch: Thai Default Highlights Risks to Banks, But They Remain Resilient – reuters.com (The following statement was released by the rating agency) BANGKOK, October 12 (Fitch) The largest Thai corporate default since the aftermath of the 1997 financial crisis will lead to more non-performing loans (NPLs) in the Thai banking system and reflects risks […]

Fed should not raise interest rates just yet: China Finmin

[Buzz_Burner_Fresh_Updates] Fed should not raise interest rates just yet: China Finmin – reuters.com SHANGHAI (Reuters) – Now is not the right time for the United States to raise interest rates, given the global economic situation, China’s Finance Minister Lou Jiwei said in an interview published in the China Business News on Monday. Continue Reading On […]

UPDATE 1-Wall St Week Ahead-Banks take spotlight as earnings season heats up

[Buzz_Burner_Fresh_Updates] UPDATE 1-Wall St Week Ahead-Banks take spotlight as earnings season heats up – reuters.com NEW YORK, Oct 11 (Reuters) – The financial sector, recently a weak performer in the stock market, will garner the majority of investor attention this week as a number of big banks post their quarterly results. Continue Reading On reuters.com […]