Bank stocks will be in focus on Tuesday, April 22, after the Reserve Bank of India (RBI) proposed easier liquidity norms. The RBI has released the final guidelines on Liquidity Coverage Ratio (LCR), which seem to be far softer than the earlier draft guidelines. According to the central bank, these changes are expected to lead
Global stock markets were in a state of turmoil this morning as massive tariffs go into effect on trade between the U.S. and China. Chinese stocks have stayed relatively bouyant, trading flat. But in the U.S., investors in the S&P 500 continued to take a beating in both yesterday’s trading and this morning in futures
Scott Bessent, the US treasury secretary, and Howard Lutnick, the commerce secretary, with Donald Trump at the White House – Elizabeth Frantz/Reuters Donald Trump’s finance chief has rejected fears of a US recession despite the president’s trade war sparking a $6 trillion (£4.7 trillion) stock market collapse. Scott Bessent, the treasury secretary, said on Sunday