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Business 16 Apr 2021 | 7:00 AM

Fintech helps lenders aid small businesses

SHANGHAI: Consistent use of financial technologies has helped China’s banks in Zhejiang and Anhui provinces to lower the costs of loans extended to a greater number of small businesses, thus helping them to tide over financial difficulties, industry insiders said.

World 15 Apr 2021 | 8:48 PM

Biden to bar U.S. banks from rouble debt primary market

LONDON (Reuters) -President Joe Biden will issue an executive order on Thursday authorizing the U.S. government to sanction any sector of the Russian economy and barring U.S. banks from participating in the primary markets for rouble-denominated bonds.