MUMBAI, April 28 Reuters The Indian rupee was little changed against the dollar on Friday amid muted Asian peers, adding to its weekly gains, as corporate inflows propped up the currency over the period. The rupee finished at 81.8250 per dollar compared with 81.8375 in the previous session. It advanced 0.33 for the week, while […]

BENGALURU, April 28 Reuters Indian shares recovered from a muted start and logged gains on Friday, posting the highest monthly gain in five months, boosted by a slew of earnings. The Nifty 50 reclaimed the 18,000 level after two months, closing 0.84 higher at 18,065, while the SP BSE Sensex added 0.76 to 61,112.44. The benchmark Nifty […]

SHANGHAISINGAPORE, April 28 Reuters Chinese banks are ramping up efforts to promote international use of the yuan, and reporting a surge in crossborder yuan business from the country39;s booming trade with Russia and deepening ties with the Middle East. Harbin Bank Co, in China39;s Heilongjiang province neighboring Russia, saw its crossborder yuan business grow ninefold […]

SINGAPORE, April 28 Reuters The Japanese yen fell to a nineyear low against the euro on Friday after the Bank of Japan BOJ left its ultraeasy monetary policy unchanged even as it scrapped a pledge to keep interest rates low. The euro briefly rose to its highest level against the yen since December 2014 at […]

European lawmakers are making significant progress toward completing their review of the flagship legislative file for securities trading, the Markets in Financial Instruments Directive and Regulation (MiFID-R).

This month’s risk, capital and financial stability Regulatory Brief covers the FSB’s surveillance of highlighted vulnerabilities, financial stability risks and prudential liquidity frameworks, and global regulatory updates on LIBOR transition.