Foreigners Dumped Asian Bonds In June As U.S. Yields Rose
According to regulatory data and bond market groups, foreign investors sold $5.08 billion worth of bonds from Indonesia, Thailand, Malaysia, South Korea, and India...
Europe Faces Recession Due To Its Russia Policy Failure
Through its largest pipeline, Nord Stream 1, Russia has resumed pumping gas to Europe after a 10-day maintenance pause. Last year, 40% of Europe's...
The Rate of Inflation In The UK Breaches A 40-Year-Old Mark
As gasoline and food costs continue to rise, UK inflation reached a fresh 40-year high in June, according to official figures released on July...
Australian Banks Urge Clients To Use PayID To Thwart Scams
A public awareness media campaign has been launched by the ABA and collaborating ABA member banks to aid in defending clients against the rising...
BOA Fined $225mn For Misusing Pandemic Jobless Benefits
Bank of America Corp. was fined $225 million by federal regulators for improperly processing the disbursement of unemployment benefits and other state assistance during...
As Inflation Soars, Australia Will Review Its Central Bank
Australia announced that it would evaluate its central bank, including whether the emphasis on inflation targeting is appropriate, after authorities came under fire for...
Islamic Finance Sector To See Double-Digit Boom In 2022-2023
It is anticipated that from 2022 to 2023, stronger economic progress in the key Islamic finance nations will increase industrial assets by around 10%.
With...
In June, Gas Prices Drove US Inflation To A 40-Year High
According to recent data issued by the Bureau of Labor Statistics, inflation rocketed to a new pandemic-era high in June with a 9.1% increase in...
Is It Time to Prepare for Recession?
Times are tough right now, and it’s no surprise that many people in the world are wondering what their futures are going to look...
For African Users, SMB- Fintechs Alter Cross-Border Payments
For many people moving money across borders, the remittance corridors that link African countries to the economies of Europe, the Middle East, and the...