Featured

AUSTRALIA’S central bank raised its cash rate 25 basis points to the highest in more than a decade at 3.60 per cent on Tuesday and said it expects further tightening will be needed to curb inflation.

AUSTRALIA’S central bank raised its cash rate to the highest in more than a decade on Tuesday (Mar 7), but suggested it might be nearly done tightening as consumer spending was slowing and there was less risk of a wages-driven inflation blow-out.

IT is becoming a lot harder for crypto companies to access dollars to buy digital assets as the network of payment providers shrink in the US.

US banks are being forced to do something they haven’t done for 15 years: fight for deposits.

SHARES of Silvergate Capital Corp fell 10 per cent in early trading on Monday (Mar 6) after the bank suspended its crypto payments network and expressed doubts over the viability of its business.

INDIA’S Unified Payments Interface (UPI) – an instant real-time payments system that allows users to transfer money across multiple banks without disclosing bank account details – has in recent weeks expanded its reach to ease cross-border payments between the world’s fifth largest economy and over a dozen foreign...

INDIA’S Unified Payments Interface (UPI) – an instant real-time payments system that allows users to transfer money across multiple banks without disclosing bank account details – has in recent weeks expanded its reach to ease cross-border payments between the world’s fifth largest economy and over a dozen foreign...

CRYPTO exchange Bybit is suspending US dollar-denominated deposits and withdrawals via bank transfers, including Swift payments.

CANADA’S Manulife Financial plans at least two more top-tier hires in China this month as it targets the pensions business in the fast-ageing society after taking full control of a joint venture, senior executives said.

UBS Group cut employee bonuses for 2022 by 10 per cent after its revenue declined on a slump in mergers and capital raising. But its chief executive received a boost as his bonus jumped 11 per cent year on year.