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The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers
The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers
India's banks have been plagued by a surge in non-performing loans which hit a record $150 billion at the end of March
The other institutions are Mizuho Financial Group Inc, Deutsche Bank AG and the SMBC Nikko Securities Inc unit
This is due to a weaker economic outlook, trade concerns, higher oil prices and a revision to Chinese data
The United States and China have slapped tit-for-tat tariffs on hundreds of billions of dollars of each other's goods over the past few months
Beijing, concerned about the slowdown, has already opened the taps to boost liquidity in the market