News

According to industry leaders and analysts, Canada's proposal to tax corporate stock buybacks is unlikely to prevent oil and gas producers from returning cash to shareholders and may even make them less competitive. According to CIBC, Canadian energy companies have...

In line with an increasing number of European lenders, Singapore's United Overseas Bank (UOB) will not offer any new project funding for upstream oil and gas projects cleared for development after 2022. This week, UOB announced bold plans to achieve...

In an effort to slow the rate of rapidly increasing prices, the US central bank has approved yet another steep increase in interest rates. The benchmark interest rate was raised by 0.75 percentage points, according to the Federal Reserve, reaching...

The Consumer Financial Protection Bureau (CFPB) intends to move through with a rule requiring financial institutions to offer clients their own data in order to promote open banking and open finance, which is anticipated to boost competition in the...

The UK financial services minister inserted a clause into a draught law that is currently before parliament and is almost certain to pass that would give Britain the authority to regulate all cryptoassets. The modification to the financial services and...

According to economists speaking to CNBC, Singapore's real estate market won't likely be much affected by the increased cost of borrowing. That's due to a number of factors, including wealthy buyers, a high demand for rentals, and foreigners relocating...

Wells Fargo & Co. has partnered with Google LLC’s cloud business to build an artificial intelligence-powered virtual assistant that will help consumers with banking tasks. The companies announced the partnership today. The bank’s new virtual assistant, which is known as...