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French multinational banking and financial services company
BNP Paribas is a French multinational universal bank and financial services holding company headquartered in Paris. It was founded in 2000 from the merger of two of France's foremost financial institutions, Banque Nationale de Paris (BNP) and Paribas. It also incorporates many other major institutions through successive acquisitions, including Fortis Bank in Belgium, Direkt Anlage Bank in Germany, Banca Nazionale del Lavoro in Italy, Banque Générale du Luxembourg in Luxembourg, and Türk Ekonomi Bankası in Turkey.
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CEA Nageswaran warns FY27 second half will be challenging due to rising global interest rates and increased downside risks to growth, despite strong Q1 GDP.
TOKYO: Japan's Nikkei share gauge fell sharply on Tuesday as a global surge in bond yields and rising oil prices weighed on sentiment.
A significant selloff in Indian government bonds occurred as global yields rose and inflation pressures heightened. The Indian benchmark 10-year yield reached its highest level since April 2024. Traders expect the Reserve Bank of India to announce a rate hike at its upcoming policy meeting next week. Additionally,…