Market Pulse
Sensex losers, gainers this week
It was a tough week for Indian shares as the BSE Sensex fell nearly 3 percent and the Nifty lost 3.3 percent as U.S. Fed chief Bernanke’s suggestion that stimulus measures may be scaled back at one of their next few meetings dented sentiment. Here's a look at the top Sensex losers and gainers. Full Article
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A woman walks in front of the headquarters of the central bank of the People's Republic of China in Beijing October 8, 2008.
Credit: Reuters/Jason Lee/Files
BEIJING |
BEIJING (Reuters) - Loan losses at Chinese banks could mount as the country's structural reforms accelerate, the central bank said on Friday.
In its financial stability report for 2010, the People's Bank of China also warned of a growing risk of asset bubbles and inflation.
The bank reaffirmed its appropriately loose monetary policy stance and said it would deploy various fiscal and monetary tools to manage inflationary expectations.
Turning to the global economy, the report warned of a potential sovereign debt crisis if major economies did not bring their budget deficits under control. Interest rates were likely to remain low for an extended period in many countries, it added.
(Reporting by Langi Chiang and Simon Rabinovitch; Writing by Alan Wheatley; Editing by Jonathan Hopfner)
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