Deutsche Bank lowered its forecast for China's economic growth forecast this year to 5.3%, from 6% earlier, citing weakness in domestic consumption demand and a deterioration in the property sector.
German Gref, CEO of Russia's dominant lender Sberbank, on Thursday said the rouble was not at an optimal level and needed to strengthen, the RIA news agency cited him as saying.
The European Central Bank wants lenders to speed up their exit from Russia given the increased reputational, legal and financial risk of doing business there, supervisory chief Andrea Enria said on Tuesday.
Mitsubishi UFJ Financial Group said on Monday it would buy Mandala Multifinance , a major auto loan provider in Indonesia, for 7 trillion rupiah ($467 million) to deepen its Asian presence and tap growth in consumption in emerging markets.