Tagged central bank

March 13, 2022

A group of economists was asked to think about a question about sanctions against Russia and their potential for deep and long-term consequences on the United States. At stake is a source of American power so ...

World central banks set policy for war-torn economies

March 12, 2022

(Bloomberg) - Global central banks will this week offer the biggest collective assessment of a changed world since Russia's invasion of Ukraine triggered further supply disruptions and a sudden inflationary sho...

What future for cryptocurrency? UCalgary expert explores regulatory changes and Russian issues | News

March 11, 2022

Recent developments have once again thrust the volatile cryptocurrency market into the international spotlight. In re...

US sanctions on Russia and Ukraine will not condemn the dollar’s reserve currency status

March 4, 2022

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Biden’s case for supporting Ukraine signals a united US government, but provides few details

March 2, 2022

For those who want to hear a more detailed explanation of why the United States should push back against Russia's invasion of Ukraine — and the potential costs of doing so — the President's State of the Union A...

Last war in Ukraine: Kyiv defense commander says Russian forces pushed back from capital

February 28, 2022

Russia's central bank will start buying gold after a two-year hiatus as the country's domestic producers face problems accessing international bullion markets.The Bank of Russia said in a statement that it woul...

Cashbean Parent Registration Canceled for KYC Violation

February 24, 2022

Bombay : The Reserve Bank of India (RBI) announced on Thursday that it has canceled the certificate of registration of PC Financial Services Private Ltd, the company behind the digital ...

G20 financial leaders warn of rising inflation and geopolitical risks

February 18, 2022

Ukraine crisis overshadows G20 meeting ending FridayG20 to use 'all available tools' for recovery - draft statementInflation high in many companies - draft press releaseThe draft statement does not directly men...

ASX to fall as government urged to scrap tax cuts

February 13, 2022

The ASX is set to start the week in the red as eyes turn to the 2022 budget. (Source: Getty)ASX: The local market is expected to collapse as fears of a Russian invasion of Ukraine continue to weigh.Wall Street:...

Farewell to easy money as Hawkish central banks accelerate rate hikes

February 5, 2022

(Bloomberg) -- The end of easy money is upon us.Bloomberg's Most ReadTwo years after the pandemic plunged the global economy into a deep but short recession, central bankers are withdrawing their emergency supp...

2 FTSE 100 stocks that could explode as UK interest rates rise

February 2, 2022

Due to inflation, which is currently peaking, UK interest rates are rising. In December, the Bank of England raised its key rate from 0.1% to 0.25%. Tomorrow, the central bank is expected to raise rates again...

Live news: UK house prices have strongest start to year since 2005

February 1, 2022

European stocks started the month in the dark, following an overnight rally on Wall Street as traders bet on strong U.S. tech earnings to lift market sentiment soured by expectations of higher interest rates. t...

Live News: Oil tops $90 for first time since 2014 on rising tensions in Ukraine

January 26, 2022

Fed decision: The Federal Reserve is expected to confirm its intention to raise interest rates in March today, as the US central bank looks beyond the recent turmoil in financial markets and steps up its effort...

Elon Musk, Jeff Bezos and Mark Zuckerberg take huge hit to net worth as stock market plunges

January 24, 2022

The richest man in the world is now $34 billion poorer and other billionaires have also taken a hit to their personal wealth in recent days.Billionaires have taken a hit in recent days after stocks tumbled on n...

Over 180 cheated in the last 30 days by apps promising an instant, paperless loan | Ghaziabad News

January 23, 2022

GHAZIABAD: More than 180 complaints of loan fraud, including harassment and unfair collection practices, by numerous mobile apps have been registered in the district since December 25 last year, police said. T...

RBI relaxes rules to help more NBFCs participate in business; Number to increase to 182 from 7

January 21, 2022

RBI publishes guidelines on NBFC: India's central bank Reserve Bank of India, or RBI, has relaxed guidelines for non-bank financial corporations, or NBFCs. In a recent notification, the banking regulator said ...

Bitcoin Price: Crypto Market Drops Over $200 Billion As Global Governments Intervene

January 21, 2022

The cryptocurrency market suffered another "chaotic" 24-hour period, with $200 billion cleared from the market overnight.The cryptocurrency market suffered another brutal day, losing over $200 billion in value...

Documents outline Treasury Department outlook and inflation warnings

January 18, 2022

Breadcrumb Links PMN Policy PMN News PMN Canada Author of the article: The Canadian Press Jordanian press Publication date : January 18, 2022 • 16 minutes ago • 3 min...

Dollar fails to take advantage of higher yields, Bank of Japan leads

January 18, 2022

By Alun JohnHONG KONG (Reuters) - The yen edged higher ahead of the outcome of a central bank policy meeting on Tuesday, while the dollar seemingly shrugged off U.S. Treasury yields hitting new near two-year hi...

Unchecked Ambition, Lax Regulation: The Genesis of Predatory Digital Lenders in Nigeria

January 11, 2022

Ebuka Anyaeji thought he had seen it all, so when he first received a threatening message about being a bailiff for a runaway debtor, he dismissed it as a joke, a message sent by a credito...

Central banks can shape the future of digital finance

January 8, 2022

Like all other major central banks, the Federal Reserve is concerned about the economic consequences of the pandemic. For now, dealing with unprecedented supply shocks is his first order of business. But ...

City of London says COVID-19 masks Brexit to fund

January 6, 2022

Some 7,400 finance jobs, far less than originally planned, have been moved from London to the European Union's new banking hubs, but COVID-19 "may mask what is really going on" LONDON,...

Firms Raise Over $ 12 Billion in ‘Blockbuster’ Year for Global Capital Markets

December 28, 2021

Firms raised a record $ 12.1 billion in 2021 by selling stocks, issuing debt and making new loans, amid a torrent of central bank stimulus and rapid recovery after the pandemic have propelled many global...

Unlock Wealth in Salary Account – Nairametrics

December 22, 2021

Kayode Tokede examines how monthly workers with FirstBank accounts can benefit from the lender's many lending initiatives amid tough economic times In the past, people with monthly income - especiall...

FirstBank: Unlock Wealth in a Payroll Account

December 20, 2021

Kayode Tokede examines how monthly workers with FirstBank accounts can benefit from the lender's many lending initiatives amid tough economic times In the past, people with mo...

A cosmic theme before Christmas

December 19, 2021

This article is an on-site version of our The Week Ahead newsletter. Sign up here to receive the newsletter direct to your inbox every SundayHello and welcome to the working week.Excuse me if this lett...

Kerala government to get legal aid as RBI bans designating cooperative societies as ‘banks’ | Kerala Cooperative Societies | Kerala Latest News

December 14, 2021

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President of Kenya signs new law to control digital lenders, apps have six months to apply for licenses – TechCrunch

December 7, 2021

Over the past decade, many mobile loan applications have been launched in Kenya, meeting the growing need for quick loans. However, these startups have operated in an unregulated env...

Winds of inflation in the United States are blowing winter storm: an ecological week ahead

December 4, 2021

(Bloomberg) - Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Bloomberg's Most ReadWinds of inflation in the United States strengthened further in November, with...

Bitcoin price: US central bank fears drop sees crypto sell-off where market loses $ 570 billion

December 4, 2021

The cryptocurrency was beaten in a brutal 24 hour period, with bitcoin in particular suffering a loss of $ 14,000 in just 60 minutes.The cryptocurrency was battered in a brutal 24 hour period, with some coins ...

The Warhol signal for the American stock market

November 20, 2021

In the auction wars at Sotheby's this week - where former couple Harry and Linda Macklowe parted ways with much of their art collection after a bitter divorce - there were some mysterious lulls. Several ...

RBI-led panel suggests restricting loan applications

November 19, 2021

A committee set up by the central bank has suggested limiting controversial digital lending applications through a mix of regulations, including creating a nodal agency to verify their credentials and legisla...

RBI committee suggests restricting digital lending applications

November 18, 2021

MUMBAI : A committee set up by the central bank in January suggested restricting digital lending applications through a mix of regulations, including creating a nodal agency to verify t...

Innovectives digitizes 1 million SMEs and obtains a CBN license | The Guardian Nigeria News

November 17, 2021

Innovectives, a transactional solutions company focused on creating wealth through innovation, has launched a five-year mandate to empower one million SMEs in bord...

Steppe Gold Announces US $ 65 Million Project Financing and Working Capital Credit Facility to Accelerate Construction of Phase 2

November 10, 2021

ULAAN-BAATAR, Mongolia, November 10, 2021 (GLOBE NEWSWIRE) - Steppe Gold Ltd (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is extremely pleased to announce that it has reached an agreem...

Latest updates: Tesla records biggest sale in over a year

November 9, 2021

European stocks and Wall Street stock futures drifted on Tuesday as cautiousness ahead of US inflation data tempered a long winning streak for stocks. The Stoxx Europe 600, which closed higher for 13 of the la...

UK Finance Minister Rishi Sunak to Unveil Plan for First ‘Net Zero’ Financial Center at COP26 Climate Summit

November 3, 2021

UK Finance Minister Rishi Sunak will present plans on carbon emissions in a speech at COP26. (To file)London: UK Finance Minister Rishi Sunak will announce plans to make Britain the world's leading net zero f...

Why currency volatility could make a comeback

October 28, 2021

October 30, 2021FOREIGN-EXCHANGE the markets were once a hotbed of lively speculative activity. But today traders looking for an adrenaline rush should look to assets like cryptocurrencies instead. Barring a...

Digital lenders risk ban on revealing borrowers

October 15, 2021

Economy Digital lenders risk ban on revealing borrowers Friday, October 15, 2021 The Central Bank of Kenya, Nairobi. PHOTO FILE | NMG By JOHN MUTUAMore from this author Summary Disho...

Effective APRA Connect reports benefit Australian financial institutions

October 5, 2021

SYDNEY, October 5, 2021 / PRNewswire / - SolveXia and Vizor Software have partnered for the Australian market to provide a end-to-end solution for APRA Connect reporting which will increase the quality of regu...

Central Bank of Australia maintains reopening of looms on east coast

October 5, 2021

(Bloomberg) - Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Bloomberg's Most ReadAustralia's central bank has kept its monetary parameters unchanged, betting t...

Czech central bank chief defends rate hike criticized by finance minister

October 3, 2021

PRAGUE (Reuters) - Czech central bank governor Jiri Rusnok on Sunday defended the bank's 75 basis point interest rate hike after the surprise move was criticized by Finance Minister Alena Schillerova ahead of ...

Hong Kong CFO says city’s exposure to Evergrande is “very minimal” -SCMP

October 3, 2021

The China Evergrande logo is seen outside the China Evergrande Center building in Hong Kong, China on September 23, 2021. REUTERS / Tyrone Siu / File PhotoOct 3 (Reuters) - Hong Kong's exposure to debt-laden de...

Boston Fed’s first look at digital US dollar nears completion, official says

September 29, 2021

A US dollar bank note is visible in this illustration taken May 26, 2020. REUTERS / Dado Ruvic / Illustration / File PhotoSeptember 29 (Reuters) - The first phase of a multi-year research project that the Bosto...

FOREX-US dollar rising, driven by rising Treasury yields

September 27, 2021

* The dollar rises almost 3 months against the yen * The euro falls after the German election * Focus on Fed speakers this week Carvalho NEW YORK / LONDON, September 27 (Reuters) - The US dollar has appreciated...

US dollar remains strong, posts weekly gains for third consecutive time

September 26, 2021

In its third straight week of gains, the greenback rallied against a basket of major currencies as investors sought the safe haven currency amid uncertainty over beleaguered Chinese real estate developer Evergr...

China’s crypto ban highlights central banks giving their own spin to digital coins

September 25, 2021

Earlier this month, Benoit Coeure, a well-known central bank policy maker, sounded the alarm bells for central banks to act now on the minting of their own central bank digital currencies (CBDCs). In a speech,...

Stocks falter as China steps up crypto crackdown: markets shroud

September 24, 2021

(Bloomberg) - Stocks have struggled to tread after China stepped up its broad regulatory crackdown on cryptocurrencies. Bitcoin, Ether, and other digital tokens have plummeted.Bloomberg's Most ReadIn another b...

US Futures Rise With Stocks As Traders Wait For Fed: Markets Close Up

September 22, 2021

(Bloomberg) - Shares in Europe rose for the second day along with US index futures as investors await Wednesday's Federal Reserve policy decision while keeping a close eye on evolving issues of the debt of the ...

US money market funds post largest weekly outflow in nine months -Lipper

September 17, 2021

Global indices are displayed on a screen in the trading floor of the New York Stock Exchange (NYSE) in Manhattan, New York, United States on August 19, 2021. REUTERS / Andrew Kelly / File PhotoSeptember 17 (Reu...

Asian stocks, US futures on the rise; Dollar Steady: Wrap Markets

September 17, 2021

(Bloomberg) - Asian stocks and US equity futures edged higher on Friday, with traders assessing the resilience of the global recovery against the prospect of a reduction in Federal Reserve stimulus and downsid...

Delta darkens US growth outlook in Q3, announces Fed cut expected in November: Reuters poll

September 17, 2021

By Shrutee Sarkar and Indradip GhoshBENGALURU (Reuters) - The U.S. economic rebound was hampered in the third quarter, in part due to the spread of the Delta coronavirus variant, with economists in a Reuters po...

Fed’s Powell orders deep ethics review after officials’ trade sparked uproar

September 16, 2021

Federal Reserve Chairman Jerome Powell testifies during a hearing of the United States House Oversight and Reform Subcommittee on the coronavirus crisis at Capitol Hill in Washington, United States on 22 June 2...

Could climate change trigger a financial crisis?

September 4, 2021

Sep 4, 2021IN LAST YEARS regulators have begun to warn of the threat climate change poses to the stability of the financial system. Following its strategic review in July, the European Central Bank (BCE) devel...

Australia, Singapore and South Africa to test c.bank cross-border digital payments

September 2, 2021

HONG KONG, Sept. 2 (Reuters) - Central banks in Australia, Singapore, Malaysia and South Africa will conduct a trial of cross-border payments using different central bank digital currencies (CBDCs) to assess w...

Stocks set to climb after US rally in bearish buying: markets wrap up

August 22, 2021

(Bloomberg) - Asian stocks are expected to rise on Monday after bargain hunters boosted a rally in the United States, with traders also weighing growth risks and waiting for the Jackson Hole symposium for clues...

Government bond prices fall after data shows hiring increase in US

August 6, 2021

Sovereign Bond UpdatesSign up for myFT Daily Digest to be the first to know about sovereign bond news. Global bond markets came under selling pressure on Friday after data showed the United St...

Asian stocks, US yields rise as investors reassess rout

July 21, 2021

By Andrew GalbraithSHANGHAI (Reuters) - Asian stocks and US Treasury yields rose on Wednesday, recouping some of the week's losses as investors reassessed economic concerns, but the dollar was firm on concerns ...

Fisher Investments launches private management group in Ireland

July 19, 2021

The company continues to grow rapidly and expand to serve Irish individual investorsDUBLIN, July 19, 2021 / PRNewswire / - Fisher Investments Ireland Limited â€” the new one, Irelanda subsidi...

UK economic recovery will continue but new COVID-19 poses threat: Reuters poll

July 16, 2021

By Jonathan CableLONDON (Reuters) - Britain's economy will grow rapidly this quarter as additional coronavirus restrictions are lifted and new pent-up demand emerges, according to a Reuters poll, but growth ...

Yellen of the United States will try to address the concerns of countries resistant to tax deals

July 10, 2021

US Treasury Secretary Janet Yellen arrives to attend the meeting of G20 Finance Ministers and Central Bank Governors in Venice, Italy, July 9, 2021. G20 Italy / Document via REUTERS VENICE, Italy, July 10 (...

Finance ministers meet in Venice to finalize global tax deal

July 9, 2021

"I think first of all this is an economic capitulation that other countries are happy to accept, as long as America makes itself so uncompetitive," Brady said. "And second, I think there are too many compet...

Royal Bank of India warns of Big Tech’s potential to dominate financial services • The Register

July 2, 2021

The Royal Bank of India (RBI) warned of the potential of Big Techs to dominate the financial services industry and invade banks in its financial stability report released yesterday. Listed alongside climate...

US employment likely accelerated in June as companies improve worker benefits

July 2, 2021

By Lucia MutikaniWASHINGTON (Reuters) - US job growth likely picked up in June as businesses, desperate to boost production and services amid soaring demand, raised wages and offered incentives to attract mi...

Cryptocurrency boom fails to stem losses for UK fintech firm Revolut | Crypto-currencies

June 21, 2021

UK fintech Revolut's losses nearly doubled last year, despite the year-end cryptocurrency boom.The company - founded by former Lehman Brothers trader Nik Storonsky and chaired by former Standard Life Aberdee...

‘Poor’ men are more successful in the financial sector, say women

June 17, 2021

This week, the European Central Bank proposed using gender diversity as a criterion for the approval of board members of the banks it oversees. Such mandates are a lever to increase the representation of wo...

State-of-the-art regulators monitor the emergence of stable coins

June 17, 2021

Private investor interest in cryptocurrencies beyond bitcoin is taking off and Facebook's proposed stablecoin, Diem, which will be pegged to the US dollar, is expected to launch this calendar year. This pro...

UK calls for City of London to be excluded from G7 global tax plan

June 8, 2021

Rishi Sunak, British Chancellor, pushes for City of London waiver as part of G7 campaign for new global tax system covering 'biggest and most profitable multinational companies' .Sunak said...

Red Hot Housing Market creates new risk for UK economy

June 5, 2021

(Bloomberg) - The UK property market is heating up quickly, and a mix of strong demand and double-digit price growth is raising fears that an unsustainable bubble is forming.The pace of mortgage approvals is...

Dollar Rises From Five-Month Low, Investors Wait For Key US Economic Data

June 2, 2021

By Gina LeeInvesting.com - The dollar was higher Tuesday morning in Asia as it returned from a nearly five-month low. Investors continued to bet that the US Federal Reserve will change its stimulus measures...

UK retailers report increased inflationary pressure as economy reopens

June 1, 2021

By David MillikenLONDON (Reuters) - UK retailers reported the smallest price drops since the start of the COVID pandemic, in part due to shoppers buying more clothes and shoes as closures eased , and they sa...

Fall in Asian stocks, stable US futures; Yuan Slips: Market wrap

May 31, 2021

(Bloomberg) - Most Asian stocks fell on Monday and US equity futures were flat as investors continue to weigh inflation risks and the strength of the economic recovery.Shares slipped in Japan, Hong Kong and ...

Rise in US futures, Asia stable; Gain in bond balance: market envelopment

May 26, 2021

(Bloomberg) - US and European equity futures rose on Wednesday and Asian stocks edged up. T-bills dampened a rally boosted by Federal Reserve officials, again predicting transient price pressures.MSCI Inc.'...

Canada to Deploy Health Resources to Help Manitoba Fight COVID-19

May 24, 2021

BloombergRace to avert disaster at China's biggest 'bad bank'(Bloomberg) - It was past 9 p.m. on Financial Street in Beijing by the time the character inside the Huarong Tower picked up an ink brush and, wit...

Cineworld overlaps ‘Peter Rabbit 2’ hit as it reopens in UK

May 24, 2021

BloombergRace to avert disaster at China's biggest 'bad bank'(Bloomberg) - It was past 9 p.m. on Financial Street in Beijing by the time the character inside the Huarong Tower picked up an ink brush and, wit...

Belarus faces implications of ‘extravagant action’ against activist, UK warns

May 23, 2021

BloombergBorder debt shines as an unlikely haven in a rate-rising world(Bloomberg) - As the hunt for investments capable of withstanding rising interest rates accelerates, cross-border assets gain popularity...

Statement by Minister Joly marking Tourism Week in Canada and welcoming the resilience of businesses in the tourism sector

May 23, 2021

BloombergRace to avert disaster at China's biggest 'bad bank'(Bloomberg) - It was past 9 p.m. on Financial Street in Beijing by the time the character inside the Huarong Tower picked up an ink brush and, wit...

Ethiopia Raises $ 850 Million in Landmark Telecommunications Auction

May 22, 2021

Ethiopia has awarded its first telecommunications license for $ 850 million to a consortium including Britain's Vodafone, which could herald the start of an opening up of Ethiopia's closed ...

Asian Stocks Track US Rise in Economic Outlook

May 21, 2021

(Bloomberg) - Asian stocks rallied early Friday after tech companies led a rebound on Wall Street on economic optimism and allayed concerns about the possibility of a reduction in the US stimulus. The dolla...

US stocks rise after jobs data; Oil falls: market envelopment

May 20, 2021

(Bloomberg) - U.S. stocks rose as investors weighed in a report showing state unemployment insurance claims last week fell to a new pandemic low over the prospect of a hike in l 'inflation.The Nasdaq 100 ind...

Asian stocks subject to technological retreat, US futures stable

May 5, 2021

By Wayne ColeSYDNEY (Reuters) - Asian stocks were trying to avoid a fourth straight session of falls on Wednesday as US equity futures stabilized following a pullback by large-cap tech darlings.Holidays in J...

Watch Samsung’s latest Galaxy Unpacked event with us at 10 a.m.ET

April 28, 2021

BloombergRecord Defaults Cloud India's Resilient Equities, Bonds(Bloomberg) - Credit markets are issuing warnings for other asset classes amid India's unprecedented surge in Covid-19 business. Companies have...

FirstFT: the best stories of the day | Financial Times

April 28, 2021

Hello. Has this newsletter been sent to you? Click on here to receive FirstFT Americas in your inbox every morning of the week. Joe Biden is set to announce a $ 1.8 billion plan to expa...

How to apply for AGSMEIS without guarantee »Financial Watch

March 11, 2021

cbn CBN Loan Form 2020/2021: How to Apply for AGSMEIS Without Collateral: Apply for a CBN AGSMEIS 5% loan of N10 million today. The Agricultural Small and Medium Enterprise Scheme (AGSMEIS) is an initi...

Nigerians forgo privacy in search of quick loans

March 11, 2021

In February, * Lolu was in desperate need of a soft loan to keep him going until payday. He asked two of his friends, but it was one of those months where everyone you know is broke and clinging to fi...

CBK to regulate mobile loan rates by amending law

March 11, 2021

Market news CBK to regulate mobile loan rates by amending law Monday July 20, 2020 By JOHN MUTUAMore from this author summary One of the main goals of the Central Bank of Kenya (Amendme...

Competition watchdog investigates cell phone loan fees

March 11, 2021

Economy Competition watchdog investigates cell phone loan fees Monday February 24, 2020 By BRIAN NGUGIMore from this author summary The competition watchdog has opened investigations in...

Opera Landing in Loo Loan as OKash / OPesa Tackle ‘Shameful Debt’

March 11, 2021

Opera landing in loan problems again For the second time in less than 5 months, Opera's lending platforms are receiving poor attention. And this time, they are caught in a “debt-shaming” operation. In Keny...

Central Bank warns people to be wary of companies offering quick loans during Christmas time

March 11, 2021

THE CENTRAL BANK of Ireland has urged consumers to be wary of companies offering quick and easy loans during the holiday season. There has been an increase in the number...

Kenya’s most expensive mobile loans

March 11, 2021

By DAILY BUSINESS Buying electricity on credit through a Safaricom associate is the most expensive digital mobile loan in the bankers lobby group's ranking, which also reveals the exorbitant monthly...

Mukesh Ambani jiomart already has more daily active users than Big Basket and Grofers

March 11, 2021