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  Pakistan to begin talks with IMF over yet another bailout

  Reuters . Islamabad | Updated at 02:01am on November 07, 2018

  Pakistan begins nearly two weeks of talks with the International Monetary Fund on Wednesday over what would be the South Asian country’s 13th IMF bailout...

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  India govt set to turn up heat on cenbank governor

  Reuters . New Delhi/Mumbai | Updated at 01:59am on November 07, 2018

  The Indian government intends to keep pressing demands for the country’s central bank to relax lending curbs and hand over surplus reserves even if it...

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  SWIFT says suspending some Iranian banks’ access

  Reuters | Updated at 12:00am on November 06, 2018

  The Belgium-based SWIFT financial messaging service said on Monday it is suspending some unspecified Iranian banks’ access to its messaging system in the interest of...

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  Money moves again in Iraq’s Mosul, but not via banks

  Agence France-Presse . Mosul | Updated at 12:00am on November 05, 2018

  Since jihadists were ousted from Mosul last year, taxi driver Abu Aref has ferried more than just people into Iraq’s second city: he regularly smuggles...

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  US municipal bond market struggles to find footing

  Reuters . New York | Updated at 12:00am on November 04, 2018

  The typically steady-as-she-goes US municipal bond market is beginning to tread on shaky ground, with continuous mutual fund outflows, weaker prices and rising supply in...

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  UK, German banks struggle in EU ‘stress tests’

  Agence France-Presse . London | Updated at 12:00am on November 04, 2018

  British and German banks suffered the biggest potential financial hits in the latest round of ‘stress tests’ released by EU regulators Friday, as risks such...

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  RBI to help shadow banks refinance debt as default worries loom

  Reuters . Mumbai | Updated at 12:00am on November 04, 2018

  The Reserve Bank of India (RBI) sought on Friday to ease a massive credit crunch affecting non-banking finance companies (NBFCs) by allowing banks to act...

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  Community Bank Bangladesh of police becomes 59th scheduled bank

  Staff Correspondent | Updated at 12:00am on November 04, 2018

  Bangladesh Bank has listed as scheduled bank the newly-approved Community Bank Bangladesh Ltd of Bangladesh Police Kalyan Trust amid criticisms that the sector was already...

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  PNB posts bigger-than-expected loss on fraud-related provisions

  Reuters | Updated at 12:00am on November 03, 2018

  Punjab National Bank (PNB) reported a third straight quarterly loss on Friday as it set aside more money to account for a massive fraud, potentially...

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  Gold jumps 2 per cent as dollar falls

  Reuters . Bengaluru | Updated at 12:00am on November 03, 2018

  Gold rose nearly 2 per cent on Thursday, bouncing off a three-week low touched in the previous session as the dollar fell sharply from recent...