Posted at 18:15h
in
News
by KMFSLLP
Singapore-based Grab has
partnered payments processor Mastercard Inc to issue
prepaid cards tailored to Southeast Asian consumers, extending
the use of Grab's digital wallet and helping its unbanked users
transact online.
...
Posted at 18:13h
in
News
by KMFSLLP
An uncompromising challenge to
EU budget rules by Italy is providing the first big test for
reforms introduced to save the euro zone nine years ago as
financial crisis threatened to tear it apart.
Posted at 17:58h
in
News
by KMFSLLP
The U.S. Federal Reserve will
consider a proposal that would ease rules for all but the
nation's largest banks at an Oct. 31 board meeting, the central
bank announced on Wednesday.
...
Posted at 17:53h
in
News
by KMFSLLP
Mick Mulvaney, the head of
the U.S. Consumer Financial Protection Bureau (CFPB) on
Wednesday fined a payday lender $200,000 for wrongly hounding
borrowers but the penalty fell short of the $3 million his
predecessor was seeking, said three sources familiar with the
move.
Posted at 17:38h
in
News
by KMFSLLP
Sales of new U.S.
single-family homes fell to a near two-year low in September and
data for the prior three months was revised lower, the latest
indications that rising mortgage rates and higher prices were
sapping demand for housing.
Posted at 17:09h
in
News
by KMFSLLP
* Rubis sees opportunities in LPG, bitumen
(Adds regulator statement on share trade probe)
...
Posted at 17:01h
in
News
by KMFSLLP
Leading shipping finance banks
have joined industry players in support of faster action to cut
carbon emissions by the sector.
...
Posted at 16:55h
in
News
by KMFSLLP
The spread between 10-year Italian
and German sovereign bonds must not stay at 320 basis points for
long because it may hurt the country's weakest banks, Economy
Minister Giovanni Tria said on Wednesday.
Posted at 16:52h
in
News
by KMFSLLP
British Prime Minister Theresa
May's arrival at a meeting of her Conservative Party's lawmakers
was greeted with cheers and banging of desks, a Reuters reporter
outside the private meeting said on Wednesday.
...
Posted at 16:49h
in
News
by KMFSLLP
A new European Union
mechanism to facilitate payments for Iranian exports should be
legally in place by Nov. 4, when the next phase of U.S.
sanctions hit, but will not be operational until early next
year, three diplomats said.