Putin’s Top Banker Issues Somber Warning on Chinese Currency
Russia may not be able to rely on the Chinese currency as initially hoped, as Beijing's banks are forced to...
Hong Kong fines DBS for breaching anti-money laundering rules
HONG KONG/SINGAPORE (Reuters) -- The Hong Kong unit of DBS Group Holdings, Singapore's biggest lender, was fined HK$10 million ($1.28 million) by Hong Kong's banking regulator for violating anti-money laundering (AML) and counter-terrorist financing regulations.The disciplinary action comes after an investigation conducted by the Hong Kong Monetary Authority (HKMA), which looked into control failures of DBS Bank (Hong Kong) between April 2012 and April 2019, the regulator said in a statement on Friday.The scrutiny by Hong Kong resembles that of rival wealth center Singapore, which a year ago fined four...
Rupee closes flat, logs weekly decline; US jobs data in focus
MUMBAI, July 5 (Reuters) - The Indian rupee closed nearly unchanged on Friday as importer dollar demand weighed on the...
What Is Digital Currency? – Forbes Advisor Australia
While discussions about CBDCs are ongoing globally, the implementation of a CBDC in Australia remains a complex and debated topic....
China’s yuan, central bank performing well under stress, but US Fed rates adding to pressures
Prolonged high interest rates in the United States could introduce uncertainty to the monetary policy outlook of emerging economies, the...
Rupee inches higher tracking gains in most Asian peers
MUMBAI, July 5 (Reuters) - The Indian rupee was slightly stronger on Friday as most of its Asian peers rose...
Cryptos, gold and the end of the dollar
A growing number of macroeconomists and financial analysts are sounding the alarm about the exploding US national debt, now approaching...
India rupee-Chinese yuan carry trade to hold appeal until US election outcome, fx analysts say
MUMBAI, July 3 (Reuters) - Playing the currencies of the world's two most populous nations against each other has been...
POLL Rupee to trade in narrowest range in about 30 years on RBI’s actions
BENGALURU, July 4 (Reuters) - The Indian rupee will trade within the narrowest range in nearly three decades over the...
Rupee lags Asian peers in aftermath of cenbank’s election result-day intervention
MUMBAI, July 4 (Reuters) - The Indian rupee could not mirror the gains in its Asian peers on Thursday due...
