Japanese International Payment Brand JCB and NTT Com to test JCB Mobile Wallet

A service designed to guarantee the original foreign currency exchange rates for a certain period of…

Investment Banking Fees in Asia Pacific Hit a Record-High

Investment banking fees reached an estimated $20.7b in the first nine months of the year, 20.6%…

Test Run for Digital Currency in 2021 by Bank of Korea

Bank of Korea plans to test-run issuing and circulating a central bank-issued digital currency (CBDC) next…

Shuaa Capital launches three Sharia Compliant Funds

The Shuaa High Yield Sukuk Fund, Nujoom Aggressive Fund and Nujoom Balanced Fund have been launched…

Subsidiary of Abu Dhabi Investment Authority to Invest in Reliance Industries

ADIA will buy a 1.2 percent stake in Reliance Retail Ventures, according to a statement, valuing…

Bank Mergers to be Expected in GCC the Coming Months

Many private equity and venture capital funds eye distressed assets, a top sector expert has revealed.…

Business Confidence Index High in Brazilian Business-Sector

A leading economic think tank, said the Business Confidence Index (ICE) reached 97.5 points in September,…

Banco Central Do Brasil provides Liquidity Measures

Banco Central Do Brasil has provided BRL346 billion through the program so far, including BRL209 billion…

European Union Green Bond Standard to Help Boost Investment

Insurance Europe has published its response to a consultation by the European Commission on its EU…

European Union Financial Regulators Assess Risks to the Financial Sector

Impact of the crisis on EU banks’ asset quality is a key concern as significant uncertainty…