Following their larger counterparts, a number of small and mid-sized Chinese banks are lowering deposit interest rates in the first widespread move since 2015 to relieve margin pressure brought on by a series of lending rate cuts. The slashing of… Read More ›
The London Metal Exchange (LME) is preparing to start debating prohibiting new deliveries of Russian metals such as aluminum, nickel, and copper so that its warehouses could be used to offload difficult-to-sell stock, according to reports quoting sources with knowledge of… Read More ›
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