THE US Federal Reserve’s top regulatory official defended a sweeping proposal to overhaul bank capital rules before the country’s largest bank lobby on Monday (Oct 9), arguing the benefits of a bigger cushion outweigh any additional costs banks might face.
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Commentary: China’s invisible hand is rebalancing the oil market
Amid a global energy crisis, China has quietly slashed oil imports without having to take extreme measures, says Javier Blas for Bloomberg Opinion.
