Credit Crunch

The Flash Composite PMIs show that the US, the UK and the Eurozone saw growth accelerate this month. That should lead to more monetary tightening 

US Fed hints at credit crunch after banking turmoil; how is it different from credit crisis?

The recent banking sector turmoil could result in banks becoming more strict in extending credit, Federal Reserve Chair Jerome Powell said at the central bank's March meeting. In other words, a credit crunch is coming. Let’s understand in this video what that means and also how it impacts you.

Data show the credit crunch is at the root of the current slowdown

The flow of financial resources to the commercial sector, as a percentage of Gross Value Added, has fallen sharply

Faced with a credit crunch at home, firms turn overseas for funds

RBI data show that almost two-thirds of the flow of funds to businesses in the first half of the current fiscal year came from abroad

China's central bank calms mkts, tighter policy looms

China's central bank pledges to prevent any lasting credit crunch, but stocks kept slipping as investors braced for tougher conditions

A Greek banker, the Shah and the birth of Libor

Minos Zombanakis, born 86 years ago on a Greek island, remembers the birth of the interest rate benchmark now at the heart of a global rigging scandal well.

Asian shares, euro fall on Europe deadlock

Asian shares and the euro both hovered near seven-week lows on Friday as European officials failed to soothe investor fears that the euro zone's debt crisis could trigger a credit crunch if funding costs run out of control.

EU warns Greece rejecting austerity means default

The European Union warned Greek lawmakers on Tuesday their country faced immediate default unless they approve a hated austerity plan, as strikers began new mass protests against the EU/IMF-imposed measures.