AJ Impact

Withering on the vine? Coronavirus compounds Italy's woes

Small businesses in Italy's south were already struggling to access credit even before the pandemic.

Withering on the vine? Coronavirus compounds Italy's woes

AJ Impact

Are 'coronabonds' in the cards to help Europe fight pandemic?

ECB's Lagarde asked ministers to consider one-off joint debt issue of coronabonds, sources tell Reuters.

Are 'coronabonds' in the cards to help Europe fight pandemic?

AJ Impact

Bad optics: US banks face calls to slash payouts to shareholders

US lawmakers say it is inappropriate for banks to tap emergency funds to pay dividends to shareholders.

Bad optics: US banks face calls to slash payouts to shareholders

AJ Impact

China plans to pump trillions into economy - with repercussions

China unexpectedly maintained a key interest rate, but analysts expect a lower growth target as banks face confusion.

China plans to pump trillions into economy - with repercussions

AJ Impact

US, Australian central banks push more money into markets

US Federal Reserve says it will help households and businesses get access to credit, Australia cuts key interest rate.

US, Australian central banks push more money into markets

AJ Impact

ECB 'ready for further action if needed'

Europe's central bank is attempting to reassure markets it will help countries tackle the impact of the coronavirus.

European Central Bank: More help available if needed

AJ Impact

Cash bonanza: Central banks pump economies with emergency funds

From Asia to Europe, authorities are unleashing emergency measures to shore up economies against coronavirus fallout.

Cash bonanza: Central banks pump economies with emergency funds

AJ Impact

Coronavirus sparks concerns over European financial operations

Regulators fear the absence of important staff could cause markets to seize up.

Coronavirus sparks concerns over European financial operations

AJ Impact

Most Lebanese MPs oppose paying debt even if it means default

The announcement added to fears that heavily indebted Lebanon may default on a $1.2bn Eurobond maturity due on March 9.

Most Lebanese MPs oppose paying debt even if it means default

AJ Impact

Barclays bankers cleared in long-running fraud case

Three bankers have been cleared over an investment deal with Qatar.

Former Barclays bosses cleared of fraud

AJ Impact

India’s economy downshifts as coronavirus fallout looms

Already under pressure to revive production and consumption, policymakers now have coronavirus working against them.

India’s economy downshifts as coronavirus fallout looms

AJ Impact

Standard Chartered warns virus could delay earnings target

The Asia-focused bank said it could see an increase in bad loans as the virus outbreak affects economic activity.

Standard Chartered warns virus could delay earnings target

AJ Impact

JPMorgan warns it might get walloped by the climate crisis

The bank's annual report added 'climate change' as a risk factor, saying it could hurt operations and customers.

JPMorgan warns it might get walloped by the climate crisis

AJ Impact

Virus drags down loan growth, asset quality at Hong Kong banks

Lenders in Hong Kong are seeing lower demand for mortgages, credit card usage and corporate loans.

Virus drags down loan growth, asset quality at Hong Kong banks

AJ Impact

China’s bank loans surge as government tries to buffer economy

China's central bank lowers its benchmark lending rate to help businesses experiencing higher costs due to coronavirus.

China’s bank loans surge as government tries to buffer economy