Sunday,
03 July 2022

Finance

Chinese bankers more upbeat on Q3 economy (3)
Xinhua, July 3, 2022 Chinese bankers are more upbeat about the economy in the third quarter of this year than in the previous quarter, a central bank survey has shown. For the third quarter, the bankers' macroeconomic heat expectation index is projected at 31.9 percent, 14.1 percentage points higher than that of the second quarter, according to a People's Bank of China survey of about 3,200 banking institutions nationwide.
Argentine economy minister resigns amid peso, diesel woes (4)
The Associated Press July 2, 2022, 6:43 PM BUENOS AIRES, Argentina (AP) - Economy Minister Martin Guzman submitted his resignation Saturday, acting at the end of a week in which Argentina's currency hit an all-time low against the dollar and truck drivers staged protests over shortages of diesel fuel. Guzman announced on Twitter that he had sent a multi-page resignation letter to President Alberto Fernandez.
China's business profitability improves in Q2 (3)
Xinhua, July 3, 2022 Profitability of Chinese enterprises improved in the second quarter (Q2) of the year, a central bank survey showed. The profitability index stood at 51.2 percent in the second quarter, up 2 percentage points from the previous quarter, staying above the 50-mark separating expansion from contraction, according to the People's Bank of China. Among the surveyed enterprises, some 31.6 percent said they believe they
Taliban's large gathering ends with calls for international recognition (2)
03 Jul 2022 05:16AM (Updated: 03 Jul 2022 05:16AM) Bookmark Bookmark Share WhatsApp Telegram Facebook Twitter Email LinkedIn KABUL: A Taliban-run gathering of thousands of male religious and ethnic leaders ended on Saturday (Jul 2) by asking foreign governments to formally recognise their administration, but made no signals of changes on international demands such as the opening of girls' high schools.
RBI's deposit insurance arm to pay depositors of two co-operative banks in August (2)
13:32 HRS IST Mumbai, Jul 3 (PTI) The Deposit Insurance and Credit Guarantee Corporation (DICGC) will pay the eligible depositors of Shankarrao Pujari Nutan Sahakari Bank, Ichalkaranji, and Harihareshwar Sahakari Bank, Wai next month. DICGC, a wholly-owned subsidiary of the RBI, provides an insurance cover of up to Rs 5 lakh on bank deposits. Depositors of the two Maharashtra-based banks will get the amount credited
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