The Latest Breaking News on Financial Services

Chinese capital Beijing reports first COVID deaths since policy easing

Two former Chinese state media journalists have died in the capital Beijing in recent days due to COVID-19, local media reported on Friday, among the first reported fatalities since most epidemic control policies were removed on Dec. 7.

Reuters · Dec 16, 2022

Supply issues mean Northern Ireland companies holding £1.2B of unfinished goods

Manufacturers have had to hold more stock and look for alternative suppliers to spread supply chain risk

Birmingham Post · Dec 16, 2022

World Bank Launches $2 bn Ukraine Private Sector Aid Package

The World Bank on Thursday announced a $2 billion package to support Ukraine's private sector, in a bid to help pave the way for reconstruction amid the devastation resulting from Russia's invasion. The latest package by the International Finance Corporation (IFC), the bank's development arm focused on private-sector development in…

Asharq Al-Awsat · Dec 16, 2022

NAB forecasts rocky road to slow growth

Higher inflation, rising interest rates and slower growth are starting to impact businesses and consumers, NAB says.

AAP · Dec 15, 2022

NAB sees slower growth in 2023

NAB says higher inflation, rising interest rates and slower growth are starting to impact both businesses and consumers.

AAP · Dec 15, 2022

World Bank's private arm launches $2 billion program to help Ukrainian businesses

The World Bank's private investment arm on Thursday said it had launched a $2 billion support package for Ukraine to help build the resilience of the Ukrainian private sector devastated by Russia's war and to prepare for reconstruction.

Reuters · Dec 15, 2022

The embedded finance challenge

'Embedded finance" is disrupting the global banking order as non-finance companies are eating into traditional banks' market share. The threat to the traditional finance sector is significant, according to the international consultancy PwC.

Bangkok Post · Dec 15, 2022

1 Dividend Aristocrat Stock to Keep an Eye on This Winter

Clear indication by the Fed on the continuation of interest rate hikes in the foreseeable future has nipped the recent market optimism in the bud. With growth forecasts in jeopardy, it may be opportune to prioritize income generation with Cintas (CTAS), as it pays reliable dividends. Read on….

StockNews.com · Dec 15, 2022

U.S. targets Russian financial services sector, businessman Potanin

The United States on Thursday targeted Russia's financial services sector and Russian businessman Vladimir Potanin, increasing pressure on Moscow over its invasion of Ukraine.

Reuters · Dec 15, 2022

Juror speaks out on Trump Org trial

"People really, really didn’t like that," a juror told The Daily Beast

Salon · Dec 15, 2022