
Turkey Plans Bigger Capital Boost for State Banks to Accelerate Lending Before Elections
Turkey is planning to inject significantly more capital into state banks than originally expected in a bid to encourage lending ahead of elections in May.
Turkey is planning to inject significantly more capital into state banks than originally expected in a bid to encourage lending ahead of elections in May.
Tencent Holdings Ltd.’s successful foray into short videos and a softening regulatory backdrop have fueled a $160 billion rally since October, the next leg of which will hinge on a crucial earnings release this week.
Oxford Nanopore Technologies Plc’s chief executive officer said the UK tech company would consider listing on a foreign exchange, amid growing scrutiny of London’s position as a global financial center.
Hindustan Zinc Ltd. will pay 109.9 billion rupees ($1.3 billion) to its shareholders, a fourth dividend this year, which will help billionaire Anil Agarwal meet debt obligations at the parent company.
Banks’ riskiest bonds advanced in Europe and Asia after panic subsided, and investors heeded regulators’ assurances that the wipeout in Credit Suisse Group AG’s Additional Tier 1 notes wouldn’t happen in their jurisdictions under similar circumstances.
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