The Latest Breaking News on Financial Services

Thieving neighbour tagged for stealing cash from 87-year-old on day of husband's funeral

Glasgow Sheriff Court heard that Margaret McPhail was also ordered to pay compensation after making £11,800 worth of cash withdrawals from 87-year-old Agnes Fowler's account.

Glasgow Live · Dec 7, 2022

China may reopen soon—but 'millions' of new COVID cases will disrupt its economic recovery

Analysts are warning of a "bumpy," "zigzagging" recovery since China's COVID cases and deaths will likely spike.

Fortune · Dec 7, 2022

FTSE 100 Live: House prices in biggest fall since 2008, oil near $80

The average house price slid 2.3% in November, the largest monthly drop recorded by lender Halifax since October 2008.

Evening Standard · Dec 7, 2022

The RBA has raised interest rates again. What does this mean for the economy in 2023?

Economists respond to the decision by the Reserve Bank to raise interest rates by 25 basis points to the highest level since the end of 2012

The Guardian - AU · Dec 7, 2022

Senate Democrats: Reduce harm of drug laws to open cannabis banking

Negotiations over provisions that would allow cannabis companies to access banking services were among the sticking points holding up the release of the fiscal 2023 defense reauthorization bill text Tuesday, senators said.

Tribune News Service · Dec 7, 2022

‘Shameful’ companies fined for targeting over 60s with unlawful marketing calls

The firms were ‘deliberately targeting’ those signed up with the Telephone Preference Service.

The Independent UK · Dec 7, 2022

Axa predicts substantial revenue growth

Axa Insurance Plc, a Thai unit of the France-based global insurer Axa Group, aims to increase its revenue to 5.2 billion baht in 2023, up from an estimated 4.8 billion this year, by focusing on new products and expanding ties with strategic partners.

Bangkok Post · Dec 6, 2022

Former President Donald Trump's company is found guilty of criminal tax fraud

Trump and his company have repeatedly faced criminal investigations but this case marks the first time his company has been charged, tried, and convicted on criminal charges.

WEKU · Dec 6, 2022

Trump Organization guilty of tax fraud, New York jury finds

Twelve-person jury returns guilty verdict against former president’s company after being sent out on Monday to deliberate

The Guardian - US · Dec 6, 2022

Fed to Weigh Higher Rates in 2023 While Slowing Rises This Month

Federal Reserve officials have signaled plans to raise their benchmark interest rate by 0.5 percentage point at their meeting next week, but elevated wage pressures could lead them to continue lifting it to higher levels than investors currently expect.

Bangkok Post · Dec 6, 2022