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RBI Said to Query Bank Valuations of Some Bond Derivative Trades
Bloomberg ·
India’s central bank told some lenders they should change the way they account for bond forwards contracts, assets that amount to billions of dollars across the industry, according to people familiar with the matter.
A growing dispute over former Malaysian prime minister Najib Razak’s house arrest has thrust the attorney general’s powers into the spotlight, raising the spectre of a constitutional clash – though legal experts say it falls short of a full-blown crisis. Najib, 73, was due to move from Kajang Prison…
Chip giant Nvidia’s board announced Sunday it had opened a probe into chief executive and co-founder Jensen Huang after he acknowledged an affair with a woman US officials say was working for Chinese intelligence, a claim Beijing denied. Read More: https://punchng.com/nvidia-probes-ceo-over-chinese-…
Former Partizan Belgrade and Galatasaray midfielder Dževad Prekazi has died, prompting tributes from the European clubs where he established himself as a celebrated football figure. Read More: https://punchng.com/galatasaray-partizan-mourn-as-legendary-free-kick-star-prekazi-dies/
The immediate past Publicity Secretary of the African Democratic Congress in Kwara State, Abubakar Basambo, has defected to the All Progressives Congress. Read More: https://punchng.com/ex-kwara-adc-spokesperson-defects-to-apc/
Manchester United head coach Michael Carrick has defended Diogo Dalot following criticism from supporters after the Portuguese defender conceded a penalty in the club’s dramatic 4-4 draw against Aston Villa on Sunday. Read More: https://punchng.com/dalot-gives-everything-for-man-united-says-carrick-…
Hong Kong lawmakers have demanded tighter scrutiny over a government proposal to fund the HK$377.3 million redevelopment project of the scandal-hit Hong Kong Student Aid Society. Residents and former staff of the NGO’s child care facilities recently alleged severe staffing shortages, high employee…
Indonesia will tighten controls on state surveillance equipment and consider sweeps of its presidential palace for bugging devices, a minister said on Monday, following last week’s discovery of illegal wiretaps on the president, top officials and more. The wiretapping scandal led to the arrest of…
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