Posted at 12:00h
in
News
by KMFSLLP
U.S. insurers are ramping up
cyber-insurance rates by as much as 25% and trying to curb
exposure to vulnerable customers after a surge of costly claims,
industry sources said.
...
Posted at 11:51h
in
News
by KMFSLLP
Hungarian banks say they have
spent up to $133 million on a new instant-payments system and
won't pass on the cost to customers, but are seeking to recoup
part of it by asking the government to ease a financial
transaction tax.
...
Posted at 11:48h
in
News
by KMFSLLP
Lebanon should restructure its
Eurobonds, including a $1.2 billion issue maturing in March, and
secure a multi-billion dollar IMF bailout to stave off economic
meltdown, its former labour minister said.
...
Posted at 11:38h
in
News
by KMFSLLP
Lebanon ushered in a new
government that will need to walk a political tightrope, as
President Michel Aoun said its main task was to win back
international confidence that could unlock the funding the
crisis-hit country badly needs.
Posted at 11:28h
in
News
by KMFSLLP
Market data suggest investors are scaling back bets for an interest-rate cut
...
Posted at 11:24h
in
News
by KMFSLLP
South African Airways (SAA)
should be retained as a national airline but requires
substantial restructuring, the governing African National
Congress (ANC) party's Secretary General Ace Magashule said on
Wednesday.
...
Posted at 11:21h
in
News
by KMFSLLP
London-based asset manager CQS,
founded by billionaire investor Michael Hintze, said on
Wednesday that Xavier Rolet is to step down as chief executive
in February and take up a position as strategic adviser.
Posted at 11:16h
in
News
by KMFSLLP
* Plan would let Hong Kong, Thai banks use a CBDC to move
funds
...
Posted at 11:13h
in
News
by KMFSLLP
Asian investors with money in
the U.S. equities market are unwilling to cash out their bets
just yet - but some are beginning to buy insurance against a
correction, according to a quant fund manager who advises
clients on asset allocation.
...
Posted at 11:11h
in
News
by KMFSLLP
Lebanon's Prime Minister Hassan
Diab said on Wednesday that dismissing Central Bank Governor
Riad Salameh was "currently out of the question".
...