The Latest Breaking News on Financial Services

Australia’s central bank has boosted its benchmark interest rate for a fifth consecutive month to a seven-year high of 2.35%

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The Commonwealth Bank is warning of the risk a three-month mortgage lag poses to the economy if the Reserve Bank keeps raising interest rates aggressively.

Chiswick gym-goer Charlotte had her locker raided while exercising - by criminals who stole her wallet and then went on an £8,000 shopping spree

Darren James only realised the staggering fortune was in his account after receiving a call from his stunned wife.

The tribunal ruled the comment was just a joke

Chinese policymakers signalled a renewed sense of urgency on Monday for steps to shore up the flagging economy, saying this quarter was a critical time for policy action as evidence points to a further loss of economic momentum.

Like many people in crisis-hit Lebanon, Elias Skaff used to wait for hours to withdraw cash at the bank but now prefers money transfer companies as trust in lenders has evaporated, AFP reported. Anyone who relies on traditional banks to receive their money "will die 100 times before cashing it",…