logo

News related to
Bank

First of its kind in Hong Kong’s construction industry to drive ESG initiatives HONG KONG SAR – Media OutReach Newswire – 16 May 2024 – DBS Bank (Hong Kong) Limited (“DBS Hong Kong”) and Sanfield (Management) Limited (“Sanfield”) today announced the launch of pioneering Sustainability-linked Supplier Payment Services (“SPS”) for the Hong Kong construction industry. The SPS program marks a significant milestone in extending environmental, social and […]

Explores Local Development Opportunities HONG KONG SAR – Media OutReach Newswire – 16 May 2024 – XTransfer, World’s Leading & China’s No.1 B2B Cross-Border Trade Payment Platform, was invited to join the Hong Kong SAR delegation to visit the Middle East last week. The visit aimed to engage in discussions with local governments and financial institutions, exploring financial cooperation and development between Hong Kong and the Middle […]

Emirates NBD, a leading bank in the United Arab Emirates, is making a significant stride towards democratizing fixed-income investments. The bank announced it will offer fractional bond investments through its digital wealth platform, the ENBD X app. This move allows individual investors to participate in the bond market with a lower minimum investment compared to traditional whole bond purchases. Previously, the high minimum investment amounts associated with […]

Riyadh, Saudi Arabia – Metric, a global financial intelligence and analytics platform built for small and medium-sized businesses (SMBs), has been backed by the 500 Global program through the Sanabil 500 Mena Seed fund. This support underlines Metric’s commitment to fostering the burgeoning SME sector in Saudi Arabia, and the push towards digitization for businesses. 500 Global, a highly renowned multi-stage venture capital firm with $2.4B in […]

OCB achieves technology implementation speed 3x faster than industry norm in its launch of a customer-centric omnichannel banking platform, setting a new benchmark in Vietnam HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 15 May 2024 – Backbase, the global leader in Engagement Banking, Orient Commercial Joint Stock Bank (OCB), a top private bank in Vietnam, together with SmartOSC, the premium digital enabler, announce the […]

By Sushil Kutty Fact-checker Muhammed Zubair checked and declared Prime Minister Narendra Modi did not speak the truth. Modi did indeed do ‘Hindu-Muslim’ as he went about drumming support from Hindus. But Zubair stopped short of asking Modi to “quit public life” as Modi said he would if he ever did ‘Hindu-Muslim’. Prime Minister Narendra […]

The post What Is The Truth Behind Prime Minister Modi’s ‘Hindu-Muslim’ Clarification? first appeared on Latest India news, analysis and reports on IPA Newspack.

HONG KONG SAR – Media OutReach Newswire – 15 May 2024 – With investment fraud on the rise in Hong Kong’s complex financial market, introducing knowledge-based safeguards to protect investors’ rights is now more crucial than ever. VT Markets, a global financial services provider, held a seminar on May 6 in Hong Kong with this in mind. Titled “How to Identify Legitimate Trading Platforms”, the event sought […]

Advertisements

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution in the United Arab Emirates, has announced a strategic move to expand its banking activities by actively supporting small and medium-sized enterprises (SMEs). This initiative signifies ADIB’s commitment to fostering the growth of the domestic economy by empowering a vital sector that drives innovation and job creation. The bank’s support for SMEs will likely encompass a variety […]

The Philippine financial landscape is set to see a digital innovation with the Bangko Sentral ng Pilipinas (BSP) approving PHPC, a peso-pegged stablecoin launched by the popular crypto exchange Coins. ph. This move is expected to significantly impact the way Filipinos, particularly overseas workers, send money back home. Traditionally, sending money to the Philippines has involved remittance centers or bank transfers, both of which can be slow […]

JPMorgan Chase, a leading American financial institution, disclosed a data breach impacting the personal information of over 450, 000 customers. According to filings submitted to the Maine Attorney General’s office, the bank identified a software vulnerability that remained active since August 26, 2021. This flaw gave unauthorized access to retirement account records of affected customers. The exposed data reportedly included names, addresses, Social Security numbers, and bank […]

BEIJING, CHINA – Media OutReach Newswire – 8 May 2024 – The number of Mainland Chinese small businesses that expect to grow and hire new employees this year is on the rise, reflecting an improving business environment, according to a new survey by one of the world’s largest professional accounting organisations, CPA Australia. CPA Australia Asia-Pacific Small Business Survey 2023-24 – Mainland China results CPA Australia’s annual […]

The Monetary Policy Committee of the Bank Negara Malaysia (BNM) will meet on 8 – 9 May to decide on monetary policy. Octa’s experts expect the interest rate to remain at 3.00%. Read for more details. Bank Negara Malaysia will likely keep the overnight policy interest rate stable at 3.00% at the next monetary policy meeting on 8 – 9 May. Investors’ expectations for the tight U.S. […]

MoneyHero study casts a spotlight on personal loan trends in Hong Kong, analysing organic traffic data and applications through the MoneyHero platform that manages approximately 1.4 million monthly unique users. Year-over-year data also revealed an increase in user interest in loans from licensed money lenders, with the proportion of applications for money lender loans versus bank loans growing from 51% in 2022 to 62% in 2023, while […]

Al Ansari Financial Services (AFS), a leading financial services provider in the United Arab Emirates, reported a net profit of AED 98. 7 million for the first quarter of 2024 (Q1 2024). This represents a 26% decrease compared to the AED 133 million net profit achieved in Q1 2023. The decline in profitability is attributed to two key factors. AFS underwent a significant branch network expansion during […]

By Girish Linganna The US President, Joe Biden, is facing political challenges as he attempts to navigate the demands of both the Israel lobby and its critics. This has led to perceptions of his weakness and ineffectiveness. With the election just six months away, Biden is struggling with a significant foreign policy issue. On Monday […]

The post President Biden Facing His Biggest Diplomatic Challenge In Dealing With Gaza War first appeared on Latest India news, analysis and reports on IPA Newspack.

In a move to facilitate the distribution of crypto assets to eligible clients, bankrupt cryptocurrency lender BlockFi has partnered with major exchange Coinbase. This collaboration aims to ensure a smoother process for users seeking to withdraw their holdings from the defunct platform. The announcement comes after BlockFi filed for bankruptcy in November 2023, citing significant exposure to the crypto market downturn. The filing left many users in […]

Moldova has expressed keen interest in attracting investments from the United Arab Emirates (UAE), particularly in infrastructure and renewable energy sectors. This eagerness was conveyed by Tatiana Ivanicichina, the Deputy Governor of Moldova’s National Bank, during a recent visit to Abu Dhabi. Ivanicichina highlighted Moldova’s potential as an investment destination, emphasizing its strategic location and a business environment conducive to foreign investment. Moldova, nestled between Romania and […]

By P. Sudhir Elections to half the seats in the Lok Sabha have been completed with the third phase of polling being over on May 7. This has provided enough experience and time to assess how the Election Commission (EC) has gone about superintending the conduct of a free and fair poll. The verdict in […]

The post Election Commission Is Abdicating Its Constitutional Responsibility To Hold Impartial Polls first appeared on Latest India news, analysis and reports on IPA Newspack.

For today’s busy mobile workforce, a dead phone battery can mean a missed opportunity or a stalled project. Anker, a leader in mobile charging solutions, has unveiled the Prime 20K power bank, a high-capacity device designed to keep professionals connected and powered throughout the day. The Anker Prime 20K boasts a massive 20, 000mAh capacity, offering multiple full charges for smartphones and tablets. This translates to extended […]

BANGKOK, THAILAND – Media OutReach Newswire – 9 May 2024 – Money20/20, the world’s leading fintech show and the place where money does business, concluded three industry-changing days of fintech conversations, networking and impactful industry nights on April 23rd- 25th at the Queen Sirikit National Convention Center (QSNCC) in Bangkok, Thailand. Source: Money 20/20 The show welcomed more than 3000 attendees and more than 200 journalists. The […]

Matein Khalid One thing is certain. Both Donald Trump and Joe Biden are not happy campers now that the yield on the 10-year US T-note, the single security most sensitive to expectation of shifts in Fed monetary policy, has jumped above 5%. This means that the bond market expects no FOMC rate cut tonight and for Chairman Powell to reiterate his current “higher for longer” interest rate […]

By Arun Srivastava With the passing of every phase, the anguish gripping the RSS and traditional BJP cadres and supporters is getting more pronounced and discernible, notwithstanding the attempts of the top RSS leaders to make them relent and ensure the victory of the BJP candidates. Much against the argument positioned forward by the RSS […]

The post Rift Between RSS And BJP Getting Bigger With Every Phase Of Polling first appeared on Latest India news, analysis and reports on IPA Newspack.

Decentralized finance (DeFi) has emerged as a revolutionary force in the financial landscape, offering alternatives to traditional banking systems. But within this burgeoning ecosystem, a particularly high-risk, high-reward practice has captured the imagination of many investors:yield farming. Yield farming involves leveraging DeFi protocols to maximize returns on cryptocurrency holdings. It’s akin to supercharging a staking strategy, where investors earn passive income by locking up their crypto assets […]

James M Dorsey This week’s Gazan short-lived celebration of a ceasefire that was not to be, highlights what is at stake in the seven-month-old war and Israel’s refusal to end the carnage. Thousands poured into Gazan streets within minutes of Hamas advising it had accepted a Qatar and Egyptian ceasefire proposal. “We have shown the world that we survived this war as Palestinians. We stood our ground on our land. […]

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA
Just in:
Republicans Struggling To Come Out Of Nov 3 Debacle To Prepare For 2028 Prez Polls // Trump’s Defeat In Midterm May Lead To Both Challenges And Opportunities For Indian Economy // BJP leader condemns cyber attacks over Mammootty wedding visit // Lula commits to budget discipline after election victory // Satheesan resists Anil as new state Cong chief // Public Protests Challenge Elected Power In Europe And India // AutoSwift secures close to A$10 million from Singapore’s X Star Technology to scale AI WINGMAN // Basheer sets Feb deadline for delayed ULCCS projects // Setback for Usha in Olympic body // Trump directs Justice Department scrutiny of Democratic threats // BJP leader condemns cyber attacks over Mammootty wedding visit // PhotonPay Strengthens North American Regulatory Footprint with Canada’s RPAA Registration // Recognition under the U.S. Green Building Council’s rating system confirms the 22-residence tower is on track for full certification on completion // Bank of England flags sharper AI share correction risks // Rubio rejects prospect of imminent Iran peace breakthrough // Gulf states formalise joint railway operating framework // NIA Highlights Three Exemplary Breakthroughs from National Innovation Awards, Driving Thailand Toward a Global ‘Innovation Nation’ // Setback for Usha in Olympic body // Vasavan alleges one-man show by CM Satheesan // Vasavan alleges one-man show by CM Satheesan //