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BoE Increases Capital Buffer Ceiling To Facilitate Probable Post Brexit Lending Market
The Financial Policy Committee (FPC) of Bank of England (BoE) has warned on Tuesday about possible financial outlook after Brexit. To tackle the possible lending market debacle, the committee has raised bank’s capital buffer requirement. However, the move has been criticized by the Brexit supporters whenever the referendum poll gets nearer.
US Seeks to Strengthen Economic Relationship with ASEAN to Counter China
As China has increased its influence in Southeast Asia, U.S. stepped in. United States plan to match China in rebalancing Asia by increasing partnership with ASEAN.
Russia's oil giant Rosneft promises to make investments amid weak oil prices
Rosneft, the Russia-based oil firm, has promised to make investments of roughly EUR 13 billion annually through 2018, which is an increase of 30% for the year 2016.
Wall Street Responded Janet Yellen Remark With Positive Sentiment
Wall Street hits the record high in 2016. The market reacted positively after the Fed chairwoman's speech in the Economic Club Of New York on Tuesday.




