Business
The best use yet for Amazon drivers—delivering for food banks
In some cities, as Amazon delivery vans make the rounds with your latest order, they’re also delivering something different—free food to…
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Banks
Business
Amazon services 'recovering' as Snapchat and banks among sites hit by outage
Liv McMahonTechnology reporter and Lily JamaliNorth America Technology Correspondent Amazon Web Services (AWS) said late Monday that it…
Business
Wall Street regains footing as banks recover from sell-off
The U.S. stock market seems to be steadying on Friday, as banks recover some of their sharp losses from the day before. The S&P 500…
Business
UK stock market hit by nerves over US banks
Ben KingBusiness reporter The UK's stock market has fallen sharply after a warning from two US banks triggered a widespread sell-off in…
Business
Thai banks face lending income hit as weak economy persists
Margins will be pinched as interest-income gains are further limited, compounded by weak lending and bad debt Four of Thailand’s largest…
Business
Banks and private credit clash after Dimon’s cockroach barb
The bickering underscores what’s at stake as a tidal wave of change sweeps across the financing landscape On Wall Street, everyone’s a…
Business
US: Wall Street ends mixed; banks rally on upbeat results
WALL Street ended mixed on Tuesday as investors digested mostly positive quarterly results from big US banks, comments from Federal…
Business
Indonesia considers further liquidity injection for state banks
Finance minister says government still assessing impact of 200 trillion rupiah liquidity boost for state banks Indonesia is considering…
Business
What’s open and closed on Columbus Day 2025? Holiday info for stores, banks, post offices, stock markets, pharmacies
This year, Columbus Day, also known as Indigenous Peoples’ Day, lands on Monday, October 13. While it’s a federal holiday and many schools…
Business
Goldman, BNP among banks exploring stablecoin-like digital money
A GROUP of international banks including Goldman Sachs, Deutsche Bank, Bank of America and Banco Santander, have joined forces to explore…
Business
China’s state banks ramp up US dollar buying to stabilise renminbi: sources
The combined actions of the lenders mark a reversal from last year’s efforts to defend the weakening renminbi [SHANGHAI/BEIJING] China’s…
Business
Central banks seen holding Bitcoin, gold as key reserves by 2030, Deutsche Bank says
Central banks may hold significant amounts of Bitcoin and gold by 2030, thanks to growing institutional popularity and a weakening US…
News
Rep. Thomas Massie banks career-best fundraising haul despite Trump forces trying to oust him
Rep. Thomas Massie is turning his defiance of President Trump into dollars. Source link
Business
Stablecoins could suck US$1 trillion from emerging-market banks in next three years: Standard Chartered
The boom in US dollar-backed stablecoins, helped by President Donald Trump’s crypto policies, could suck US$1 trillion worth of deposits…
Business
Indonesia mulls moving up to 10 trillion rupiah per lender to regional banks to boost growth
The first two recipients could be Bank of Jakarta and East Java’s Bank Pembangunan Daerah Jawa Timur Indonesia is considering moving up to…
Business
Europe: Shares mark best week since April on boost from banks, healthcare
EUROPEAN shares logged their best weekly showing in five months on Friday with healthcare and miners leading advances on the day as rising…
Business
Singapore banks to enforce 24-hour cooling period for digital transactions exceeding 50% of account balance
This is for current and savings accounts, including joint ones, with balances of at least S$50,000 In a move to fortify protections…
Business
European banks to launch euro stablecoin in bid to counter US dominance
The new Amsterdam-based company is expected to launch its stablecoin in the second half of next year A consortium of nine European banks,…
Business
As Fed and regional rates fall, Asia’s banks remain attractive yield plays: analysts
Loan growth and risk levels will impact capital availability for dividends in Asean Even as the US Federal Reserve and central banks…
Business
Apac data centre owners look beyond banks to fund US$100 billion of construction over 5 years: S&P
Options include capital recycling via Reits, asset-backed securities and private credit funding Asia-Pacific (Apac) data centre operators…
Business
HSBC’s Roberts says the bank’s future in Asia, Middle East
The future of HSBC Holdings is in Asia and the Middle East because of the amount of wealth and the capital flows between the two regions,…
Business
Toll Group banks on India’s logistics growth amid rise of ‘quick commerce’
While Singapore is its top Asia market, India is the ‘most exciting’, says executive chairman Thomas Knudsen Toll Group expects its Indian…
Business
Jeffrey Banks Dishes About Ralph Lauren, Audrey Hepburn and More
After nearly 50 years in the fashion industry, Jeffrey Banks has plenty to unpack. The American designer detailed some of the highlights…
Business
South Korea eases equity rules for banks to spur high-tech investment
In a move to broaden financing channels for smaller companies, Seoul will introduce security token offerings South Korea rolled out…