The Fed Raises Interest Rates In US To A New 14-Year High
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...
CFPB Hopes To Give Open Banking Rule Some Impetus In 2024
The Consumer Financial Protection Bureau (CFPB) intends to move through with a rule requiring financial institutions to offer clients their own data in order...
Britain Is Considering A Plan To Regulate All Cryptoassets
The UK financial services minister inserted a clause into a draught law that is currently before parliament and is almost certain to pass that...
High Singapore Mortgage Rates But Buyers Choosing To Ignore
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...
For AI Powered Virtual Assistance Wells Fargo partners with Google Cloud
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...
Saudi Arabia Making Sizable Commercial Inroads Globally
Nations all across the world are struggling to achieve sustainable, positive growth in the stormy economic waters of the epidemic recovery, particularly due to...
SWIFT Innovation Allows Global CBDC And Tokenized Asset Use
A significant step toward enabling Central Bank Digital Currencies (CBDCs) and tokenized assets to easily integrate into the global financial ecosystem, SWIFT has successfully...
UK Business Leaders Seek Economic Stability After Truss
Business executives have expressed their displeasure and shock at the political upheaval in the UK and demanded that whoever succeeds Liz Truss move quickly...
Economic Goals of China Demand Investment Lure Upgrades
A Chinese official said on October 17th that the nation's growth objectives have changed and that conditions for foreign investment would also alter.
In a...
Hong Kong Sets A $3.8 Billion Fund To Entice Global Firms
Hong Kong has proposed a HK$30 billion ($3.8 billion) co-investment fund to entice foreign companies back to the city following a brain drain brought...