Thursday, March 21, 2019

RBNZ proposes tougher rules that may raise borrowing costs

Wellington: Borrowers are likely to face higher interest costs under proposed new rules which will almost double the minimum amount of capital banks are...

Singapore banks embark on hiring spree in fight against dirty money

SINGAPORE: Making the digital shift welcomed many opportunities for banks but have also paved way for fraud-related activities to expand their scope. Singapore banks...

Urjit Patel resigns as India’s central bank governor

MUMBAI: Reserve Bank of India Governor Urjit Patel has resigned from his post, making him the first governor since 1990 to step down before...

SpaceX Christmas delivery arrives at space station

CAPE CANAVERAL, FLORIDA: A SpaceX delivery full of Christmas goodies arrived at the International Space Station, following a slight delay caused by a communication...

Google, Facebook face crackdown over market power

SYDNEY: Google and Facebook Inc. face a regulatory crackdown in Australia after the nation’s competition watchdog joined a chorus of international criticism over their...

Facebook gave data on user’s friends to certain companies

SAN FRANCISCO: Facebook Inc let some companies, including Netflix and Airbnb, access users’ lists of friends after it cut off that data for most...

Across Trump’s America, the grassroots are growing radical

DD GUTTENPLAN Depending on which media you consume, Donald Trump will either leave office in handcuffs – or coast to a second term. Making sense...

Bank of England chief hits back at critics of Brexit scenarios

LONDON: Bank of England Governor Mark Carney defended the central bank’s warnings of a potentially major economic hit from Brexit which angered lawmakers opposed...

Barclays Brexit preparation sets bar for top banks

FRANKFURT: Barclays plc's plan to quickly move European business to Dublin in preparation for Brexit is one of the most ambitious yet and gaining...

Bank of America completes Brexit switch to Dublin

DUBLIN: Bank of America finished moving its banking and markets operations in Europe to a new base in Dublin from London, the bank said...

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