Following a ruling by the nation’s highest court, the central bank of India requested on Monday that lenders provide delinquent borrowers an adequate amount of time to react before labelling their accounts as “fraud accounts.” According to an announcement from… Read More ›
Rivals will be able to use Apple’s tap-and-go mobile payment system, the EU antitrust authority announced on Thursday. However, Apple’s CEO, Margrethe Vestager, stated that the company has not yet altered its operations to conform to historic tech regulations. According… Read More ›
A Japanese corporation has acquired British artificial intelligence (AI) chip manufacturer Graphcore, which was formerly seen as a possible competitor to industry leader Nvidia. Softbank has not revealed the amount it paid, however it is believed to be a significant… Read More ›
As political unpredictability increases in the US and other parts of Europe, investors are turning to UK markets as a possible refuge. This may be a dramatic turnabout for a nation that had seemed to lose its allure to international… Read More ›
According to a recent Moody’s Ratings assessment that cites regulators and industry groups, the fast expansion of private credit lending beyond its usual market exposes its opaque character and raises possible worries among regulators about its future hazards to the… Read More ›
Using a North American “melted and poured” standard for steel, the United States and Mexico on Wednesday unveiled new measures to combat China and other nations that export goods via Mexico evading U.S. tariffs on steel and aluminium. According to… Read More ›
According to a Bank of America survey released on Wednesday, 46% of Gen Z people in the U.S. rely on financial support from their parents and relatives as they confront growing financial issues due to inflation and increased living expenses…. Read More ›
According to a Deloitte analysis, the market capitalization of Southeast Asia’s first public offerings (IPOs) fell 71% to $5.8 billion in the first half of 2024. In the first half of the year, there were just 67 initial public offerings… Read More ›
China’s securities regulator promised on Friday to crack down more forcefully on financial fraud, stating that it is advocating for more severe penalties for offenders in an effort to restore faith in the nation’s faltering stock markets. A set of… Read More ›
In its worst trade dispute to yet, the European Union is set to apply duties of up to 37.6% on Chinese-made electric car imports starting on Friday, according to EU officials. This move is certain to escalate tensions with Beijing…. Read More ›
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