State Bank News
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North Korean leader Kim Jong Un’s top military deputy met with a senior Communist Party official in China as ties between the allies showed strain over the North’s nuclear ambitions and the seizure of a fishing boat.
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Updated 2 hours, 35 minutes ago
VTB Group, Russia’s second-largest state bank, is calling on policy makers to lower interest rates to help spur credit just as Bank Rossii reiterates its commitment to refrain from monetary easing.
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Updated 41 minutes ago
Vietnam will find it “difficult” to cut interest rates further this year, central bank Deputy Governor Nguyen Dong Tien said, as the nation moves to create an asset company that would clean up bad debt and revive growth.
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India’s benchmark stock index ended a two-day decline amid optimism overseas inflows into domestic shares will continue after the Bank of Japan maintained its monetary easing plan.
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Vietnamese Prime Minister Nguyen Tan Dung has approved a regulation to set up a debt asset management company to address bad loans in the country’s banking system, central bank Deputy Governor Le Minh Hung said today.
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Vietnamese stocks advanced the most in Asia, with the benchmark index closing at the highest level in more than five weeks, after a drop in consumer prices in the two biggest cities signaled inflation may slow nationwide.
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North Korea freed a Chinese fishing vessel and its crew after the boat’s owner posted updates on his microblog account saying that he’d been told to pay a 600,000- yuan ($97,800) ransom to win their release.
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North Korea’s test firings of six short-range missiles in three days may not reflect a return to a pattern of provocations by Kim Jong Un’s regime, according to the U.S. military’s top spokesman.
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India is using a surge in inflows into local bonds and equities to rebuild its currency reserves, boosting its ability to avoid a junk debt rating.
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North Korea fired its sixth short- range missile in three days, demonstrating its military capabilities in defiance of global sanctions while stopping short of rekindling the tensions of past months.
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