Chinese stocks shoot up over 2% after PBOC's surprise stimulus move
Fp Archives • 10 years agoChinese stocks shot up more than 2 percent on Thursday after PBOC's cut banks' reserve requirement ratios by 50 basis points, a widely expected stimulus move that has helped fuel a stock market rally of nearly 40 percent in the last few months.
Selling Grindlays in India was a big mistake: ANZ chief
Fp Archives • 13 years agoDescribing India as a country with vast economic potential, Australia and New Zealand Banking CEO Mike Smith has called the sale of its unit Grindlays in India in 2000 as a 'big mistake'