MUMBAI: Senior Indian positions in Standard Chartered Bank could get impacted following the bank CEO's decision to axe 1,000 top jobs.
China made a fresh push for its yuan currency to be included in the International Monetary Fund's benchmark currency basket on Friday and argued that recent reforms put it closer to qualifying.
LIMA: Finance ministers from the world's leading economies gave the green light on Friday to a new plan to crack down on tax evasion by multi-national corporations which costs countries at least $100 billion a year.
Miners have been propelled to their biggest gains for six years as Glencore slashed zinc production by a third and the bond giant Pimco called the end of the rout in global commodity prices.
The IMF today warned that a sharp economic slowdown in China would hit not only the world's second largest economy but the rest of Asia-Pacific region hard.