ECB’s Schnabel Says July Cut Doesn’t Look Warranted
European Central Bank Executive Board member Isabel Schnabel warned against back-to-back interest-rate cuts in June and July.
European Central Bank Executive Board member Isabel Schnabel warned against back-to-back interest-rate cuts in June and July.
Malaysia’s economy grew faster than initially estimated in the first quarter, driven by private spending and a rebound in exports.
Nippon Life Insurance Co. is on the hunt to take stakes in other insurers and asset managers in the US and Asia after it agreed to its biggest-ever M&A deal.
The French government no longer controls parts of the Pacific territory of New Caledonia, High Commissioner Louis Le Franc said, after days of unrest on the island sparked by a proposed constitutional change that could reduce indigenous political representation.
China removed the floor on mortgage rates and lowered the minimum down payment ratios for individual homebuyers in its most drastic move to shore up the beleaguered property market.
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