Asian stocks fell by most in a week after regulators raised capital adequacy requirements for the world’s biggest lenders and amid concern the U.S. economy is faltering and Greece may not meet bailout conditions, hurting the outlook for banks and exporters.
BusinessWeek.com — Finance
China ordered lenders to set aside more cash as reserves after inflation accelerated to the fastest pace in almost three years in May and industrial production rose more than estimates.
BusinessWeek.com — Finance
Most European stocks declined, dragging the Stoxx Europe 600 Index from a 2 1/2-year high, as China raised the reserve requirement ratio for its domestic lenders. U.S. futures fluctuated, while Asian shares climbed.
BusinessWeek.com — Finance
Peru’s central bank said reserve requirements for domestic lenders will apply to their overseas units starting today as it seeks to stem short-term capital inflows from increasing volatility in the sol.
BusinessWeek.com — Finance
Mizuho Financial Group Inc., Japan’s third-biggest bank by market value, expects to exceed international capital requirements without additional stock offerings, the lender’s chief executive officer said.
BusinessWeek.com — Finance
Brazilian banks fell in Sao Paulo trading after the central bank raised reserve and capital requirements to slow consumer lending growth that’s running at 20 percent annually and prevent a credit bubble.
BusinessWeek.com — Finance
Brazil’s central bank raised reserve requirements on cash and time deposits to slow consumer lending that’s growing 20 percent annually and prevent a credit bubble. Interest-rate futures yields dropped.
BusinessWeek.com — Finance
Brazil’s central bank raised reserve requirements on cash and time deposits and took other measures that will remove 61 billion reais from the economy.
BusinessWeek.com — Finance
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