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Blog 3 Columns

  • Six Pacific Countries At High Risk Of Debt Distress – World Bank

    Six Pacific Countries At High Risk Of Debt Distress – World Bank0

    Six Pacific countries are at a high risk of debt distress in part due to government spending to respond to the COVID-19 crisis, the World Bank said in a report on Thursday. The report, titled Raising Pasifika, said fiscal consolidation was needed in Kiribati, Republic of the Marshall Islands, Federated States of Micronesia, Samoa, Tonga

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  • Commerzbank Doubles Quarterly Profit, Helped By Higher Interest Rates

    Commerzbank Doubles Quarterly Profit, Helped By Higher Interest Rates0

    Germany’s Commerzbank (ETR:CBKG) said on Wednesday that net profit nearly doubled in the first quarter, a better-than-expected result helped by higher interest rates. The bank said it sees “upside potential” in net interest income this year, and raised its forecast to 7 billion euros ($7.7 billion) from a previous 6.5 billion euros. The bank’s shares

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  • Commerzbank Doubles Quarterly Profit, Helped By Higher Interest Rates

    Commerzbank Doubles Quarterly Profit, Helped By Higher Interest Rates0

    Germany’s Commerzbank (ETR:CBKG) said on Wednesday that net profit nearly doubled in the first quarter, a better-than-expected result helped by higher interest rates. The bank said it sees “upside potential” in net interest income this year, and raised its forecast to 7 billion euros ($7.7 billion) from a previous 6.5 billion euros. The bank’s shares

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