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EU Plans to Tighten Scrutiny of Banks' Loan Provisioning Standards

EU Plans to Tighten Scrutiny of Banks' Loan Provisioning Standards

The EU's banking watchdog warned on Friday that banks would face challenges from regulators for their improper use of an accounting regulation.

Nov 17, 2023 10:30 AM EST


Terrapay-Maya Partnership: Filipinos Gain Easier Access to Global Money Transfers

Terrapay-Maya Partnership: Filipinos Gain Easier Access to Global Money Transfers

TerraPay and Maya announce a groundbreaking international alliance during the Singapore Fintech Festival, improving accessibility, convenience, and security of international remittances for Filipinos everywhere.

Nov 15, 2023 08:10 AM EST


Japan's Economy Shrinks as Exports Plummet

Japan's Economy Shrinks for the 3rd Quarter This Year as Exports Plummet

Japan's economy shrank from July to September, ending two-quarters of growth fueled by exports and tepid consumption.

Nov 15, 2023 06:34 AM EST


Students' Political Travel Dreams Shattered as Politrip Goes Bankrupt

Students' Political Travel Dreams Shattered as Politrip Goes Bankrupt

According to insolvency filings, the company had £2,000 in bank accounts, but it owed HM Revenue and Customs £8,000 and individual clients about £60,000.

Nov 14, 2023 09:51 AM EST


New Report Finds China's Development Banks Are Lagging Behind on Green Energy Finance

New Report Finds China's Development Banks Are Lagging Behind on Green Energy Finance

China's promise to stop financing coal from abroad has not yet resulted in more money going into renewable projects.

Nov 14, 2023 06:16 PM EST


APEC Economic Leaders Hold Meetings In San Francisco

US Treasure Secretary Yellen Urges APEC Finance Ministers to Embrace Sustainable Growth Strategies

U.S. Treasury Secretary Janet Yellen urged the finance ministers of the Pacific Rim to increase their economies' potential for productivity.

Nov 14, 2023 06:40 AM EST


COP28 President-Designate Dr. Sultan Ahmed Al Jaber And UN Special Envoy Michael R. Bloomberg Announce COP28 Local Climate Action Summit At COP28 In Dubai In December Alongside Local Leaders

EU Makes Significant Financial Commitment to COP28 Climate Damage Fund

The European Union would contribute financially in a "substantial" amount to a new worldwide fund that addresses the devastation brought about by climate change.

Nov 13, 2023 08:01 AM EST


World Needs USD 8.1 Trillion Investment In Nature By 2050 To Tackle Triple Planetary Crisis

World Needs USD 8.1 Trillion Investment In Nature By 2050 To Tackle Triple Planetary Crisis

A total investment in nature of USD 8.1 trillion is required between now and 2050 - while annual investment should reach USD 536 billion annually by 2050 - in order to successfully tackle the interlinked climate, biodiversity, and land degradation crises, according to the State of Finance for Nature report released today.

Jun 25, 2021 03:05 PM EDT


Tesla Model S

You Can Buy Tesla Model 3 at $1000 Cheaper Now

The Model 3 Standard Range Plus is now down to $36,990, while a Model Y Standard Range is now priced at $39,990

Feb 18, 2021 09:42 PM EST


Amazon to build $1.5 billion hub

Amazon Faces Charges for Disregarding Workers' Safety Amid Pandemic

This appears to be the culmination of all the complaints that the company has faced last year and the investigation started by the attorney's general office.

Feb 17, 2021 04:20 AM EST


Bill Gates Speaks On Ebola Crisis

Bill Gates Net Worth 2021: Billionare Shuns How Elon Musk, Jeff Bezos Spend their Money on 'Rockets'

Gates bravely revealed that he does not "think rockets are the solution," on Kara Swisher's "Sway" podcast, something few people now would say.

Feb 17, 2021 03:00 AM EST


Valentine's Day

Valentine's 2021: Is it OK to give Cash as Gift?

t's downright tacky and for some, downright insulting. Want to know why? Read on and find out the two other more no-no gifts you should give on Valentine's Day.

Feb 13, 2021 04:57 AM EST


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