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...interest on the minimum reserves that commercial banks park with it....
...In south-western Yunnan, 1,153 government-funded infrastructure projects such as highways and theme parks have been suspended and new construction halted to limit expenditures and focus on debt resolution...
...“I’d much rather park my money with a Swiss bank than Binance,” said the head of a crypto trading firm, adding that “in theory you’re safer” putting money at a custodian that has oversight from regulators...
...Who Carter Jonas Apartment, Battersea Park, £2.1mn Where In Riverside One, a development on the South Bank of the Thames near Albert Bridge....
...“Looking from the outside, you would assume that South Korea is extremely dynamic,” says Park....
...It’s a testament to the kind of 12 months the Bank of England has had that this is the second time we’ve recently used “squeaky bum time” in a heading....
...Imported vehicles are piling up at European ports, turning them into “car parks”....
...The Bank of Korea estimated that growth would recover to 2.1 per cent this year but many economists have issued warnings about the country’s long-term growth prospects....
...Serhan Secmen, head of Napier Park Global Capital’s US CLOs, says bank demand for CLO debt is likely coming in anticipation of inflows from money market funds once rates begin to fall....
...These assets sales have included car parks, town halls, parks and libraries. Since 2010, around 75,000 assets are estimated to have been sold by local councils, raising around £15bn....
...Variation on a theme park I have been to only one of the US’s big theme parks and it was an odd experience in which the park was full of adults instead of children....
...Kemble’s other lenders include two Chinese state-owned banks, the Financial Times reported last week....
...Fed officials say the world is more uncertain than the past 20 years, BoE officials produce forecast uncertainties wide enough to serve as a bus park and ECB officials worry whether it is too early even...
...In 1963, he joined a consortium to buy a small merchant bank in London....
...Ed Hurton has just secured a new mortgage on his house in Finsbury Park, north London, and he’s not thrilled with it. “It was the least bad option,” he says....
...Norges Bank Investment Management, which runs the world’s biggest sovereign wealth fund and is a top-10 shareholder in Disney, is backing the board....
...This almost proved fatal for Go Ape when the Mayhews’ bank was late processing a loan application, meaning the couple did not have the funds available when the first payment deadline came due....
...As a result, the climate for UK investment in start-ups is “cooler” than in the past couple of years, but “not freezing”, says Garri Jones, co-head of a team at investment bank Lazard connecting investors...
...(Park Bancorp v Byrne Hobart) — Levine on Euroclear (BBG $) — A true Southern ghost story for your spooky holiday weekend (The Bitter Southerner) — Llamas and alpacas “happily walking to Penrith” (BBC...
...A European Central Bank survey showed eurozone banks have been hit by a “substantial” drop in loan demand from companies, reflecting lower investment plans....
...Albert Park, chief economist with the Asian Development Bank, said the bank had forecast that the number of jobs created in new green industries Asia-wide would outpace losses from declining industries linked...
...Tim Harford’s instructive retelling of the excellent analogy of the monetary system set out by Nobel-winning economist Robert Lucas, who died last month (“What a theme park can teach us about central banks...
...There is also access to both banks of the River Taf, for salmon and sea trout fishing....
...The relocation to east London would leave just one major City regulator in the heart of the UK’s historic financial district: the Prudential Regulation Authority in the Bank of England....
...He played a vital role in cleaning up crime-ridden Central Park after the rape of a jogger in 1989....
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