EUROPEAN Central Bank supervisors will zero in on bad loans this year after finding that some eurozone banks had set too little money aside for them or were slow in recognising the problem, the ECB said on Wednesday (Feb 8).
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China’s capital outflow surges to highest since 2016 in April
CHINA’S capital outflows worsened in April, underscoring headwinds for the yuan amid a weak domestic economy and uncertainties over the Federal Reserve’s rate trajectory....
