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THE move by the AmBank group to sell its stake in its insurance arm to American firm Liberty Insurance is not surprising.
There are generally two types of debt – good debt and bad debt.
Fintech firm gets deeper pockets to tap wider revenue streams and new markets
SINGAPORE (Bloomberg) -- A Singapore court on Wednesday ruled in favour of liquidating Hyflux Ltd, following a years-long saga in one of the city-state’s most high-profile distressed cases.
THE European Union is set to transform every corner of its economy – from how people heat their home to the cars they drive – as the bloc uses a massive overhaul of rules to position itself as a global leader on climate change.
JPMORGAN Chase & Co and Goldman Sachs Group Inc are taking on a consumer finance market many outsiders have tried and failed to crack: Britain
HONG KONG: Surging house prices across much of the globe are emerging as a key test for central banks’ ability to rein in their crisis support.
LONDON: Tesla intends to replace the traditional lead-acid auxiliary batteries in its Model S and X electric vehicles with lithium-ion alternatives in a revamp of the two models.
IT is an article of faith among central bankers that the decisions they make about how much money to create and what interest rate to charge for it will determine the rate of inflation – at least over moderate lengths of time.