South African Inflation Reaches Five-Month High Ahead of Rate Decision
South African annual inflation quickened to a five-month high in October, a…
Indonesia Poised for Cautious Rate Pause Amid Fragile Rupiah Improvement
Indonesia’s central bank is expected to keep its benchmark interest rate…
IMF Commends Sri Lanka's Debt Management Collaboration with China's Exim Bank
Amid its financial challenges, Sri Lanka has received commendation from the International…
GCC Economy Expected to Expand by 3.7% in 2025, Says World Bank
The Gulf Cooperation Council economy is estimated to grow by 3.6…
Chinese Parliament Pushes Banks for Increased Involvement in Property Finance
China’s banks should step up funding for property developers to reduce…
Turkey Nearing Possible Rate Milestone Beyond 36% if Rates Rise
Turkey is turning another corner in ending an era of ultra-loose monetary…
ICBC, World's Largest Bank, Continues to Encounter Trader Caution Post Cyberattack
Industrial & Commercial Bank of China Ltd., the world’s largest lender…
Credit Card Expenditure Soars 38%, Reaches Record High
Credit card spends rose 38.3% year-on-year(y-o-y) to an all-time high…
Binance Witnesses Over $1 Billion Withdrawn by Users After CEO's Departure and Guilty Plea
Outflows from Binance have amounted to more than $1 billion in the…
UBS Chief Sergio Ermotti Advocates Stricter Sanctions for Negligent Bankers
UBS chief executive Sergio Ermotti has called for greater powers for Switzerland’…
Australian Bank Threatens Reduced Bonuses Unless Staff Return to Office
One of Australia’s largest banks has warned its staff that they…
China's Troubled Shadow Bank Signals $36 Billion Shortfall Warning
Embattled shadow banking giant Zhongzhi Enterprise Group Co. has revealed the depth…