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The Reserve Bank of India became the world’s only major central bank to gain one million followers on Twitter, boosting efforts to foster financial literacy in a society that is traditionally under-banked and vulnerable to frauds.
The European Central Bank appears serious about a digital euro.
Bitcoin's rally above US$15,000 (RM61,695) has reignited debate over whether the cryptocurrency is so-called digital gold or a perilously risky bet as investors grapple with the coronavirus pandemic.
BEIJING, Nov 3 (AP): Asian stock markets followed Wall Street higher on Tuesday as investors watched for US election results, hoping a win by challenger Joe Biden in the presidential race might lead to more economic stimulus.
KUALA LUMPUR, Oct 31 (Bernama): Bank Negara Malaysia’s (BNM) policy rate decision on Nov 3 and Budget 2021 tabling on Nov 6 are set to be catalysts for the ringgit against the US dollar and other major currencies next week.
THE global economy has clearly bounced back from the fallout of the Covid-19 pandemic.
WASHINGTON: Banks that facilitated the US government’s Paycheck Protection Programme (PPP) at first saw the effort as a small revenue booster with a patriotic bonus, shepherding US$525bil in loans to businesses slammed by the fallout of the Covid-19 pandemic.
HONG KONG: Citigroup Inc is planning to include an investment banking unit in China to take advantage of an expected steady stream of big stock deals as the nation opens up and liberalises its financial markets, a person familiar said.
BEIJING (Reuters): The United States and China dealt with the spread of the devastating coronavirus pandemic in vastly different ways, and that split is reshaping the global battle between the world’s two leading economies.
BOSTON: As Americans go to the polls, some of the more influential observers of the election process will be the agencies that determine the country’s credit rating.