European Central Bank will investigate whether and how TARGET Instant Payment Settlement (TIPS) could support payment transactions across…
Category: Finance
South Africa’s Fundamentals Appear to be in Good Shape and Emerging Markets
South Africa had not seized the opportunity to make structural reforms and changes.While the country had…
Afreximbank Provides Overdraft Facility for African States
Funding is available to African governments to acquire medical supplies through the AMSP in the form…
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,…