Europe’s main indices closed more than 3 per cent in the red on Wednesday as shares of Credit Suisse plunged nearly 25 per cent.
Banking shares battered as global markets wobble on contagion fears
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New Zealand holds key rate, sees policy staying accommodative
The RBNZ’s new forecasts indicate some chance of a quarter-point hike later this year
IMF urges Japan to keep raising rates, avoid reducing sales tax
With inflation exceeding its 2% target for nearly four years, the BOJ has signalled its readiness to keep hiking rates
