Economy of the 19-country eurozone shrank by a devastating 12.1 per cent during the second quarter…
Category: Finance
Asian Life Insurers to Alter Investment Mix
Economic disruptions are forcing Asian life insurers to adapt lower-for-longer interest rates, potentially resulting in lower…
Asian Markets Underlined the Recovery in the Fastest Growing Region in the World
China’s Caixin manufacturing PMI surprised markets by jumping to 52.8 in July from 51.2 in June,…
Kuwait in a Budget Crunch
A deficit that could reach 40% of its economy this year, and unable to borrow due…
Asia Pacific’s Evolving Digital Banking Landscape
The concept of digital banks was first developed in Europe where it radically challenged and transformed…
$2.5 bln in Clean Energy Investment for Southeast Asia
A new climate fund backed by philanthropic donors is aiming to trigger $2.5 billion of clean…
Third Virtual Bank to Launch in Hong Kong
After a three-month trial where it attempted to lure new customers and money with a 4.5…
Piloting a Crypto Custody Solution by Standard Chartered
Standard Chartered and innovation platform is reportedly building a crypto custody offering for the institutional market.…
European Shares Edging Higher
European stocks inching higher as investors held out for more U.S. stimulus to limit the economic…
Venture between Etisalat and Noor Bank
eWallet users can now pay for a wide range of services on the app without visiting…