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WITH the accounting saga related to Serba Dinamik Holdings Bhd remaining unresolved, it is no surprise that the company’s share price remains depressed.
MANILA (Philippine Daily Inquirer/ANN): The local financial system will become more stable as banks adopt “green finance” principles to lead to better management of climate and other environment-related risks, according to the country’s monetary regulator.
WE have heard many horror stories about how businesses have suffered this ongoing pandemic.
WASHINGTON: The Federal Reserve announced on Wednesday it will establish separate domestic and international standing repo facilities to backstop money markets during times of stress.
SMEs are the backbone of the economy but vulnerable to economic downturn.
SINGAPORE: Keppel Capital, the asset management arm of Keppel Corp, has secured an aggregate of US$600mil (RM2.5bil) in separate managed accounts (SMA) from international financial institutions.
BEIJING: China’s central bank officials said they will accord priority to environmental, social and governance (ESG)-themed investments henceforth and see the national carbon trading mechanism as key to implementing the country’s green and low-carbon development strategy, thus encouraging injection of long-term social funds into the huge market.
ABUJA (Reuters) - Nigeria plans to launch its own crypto currency, called the "e-naira", in October, its central bank governor said on Tuesday.
NEW YORK/BENGALARU (Reuters) - Fireblocks, a platform that allows banks and other financial institutions to store, move and issue cryptocurrencies, said on Tuesday it raised $310 million in fresh capital from investors, boosting its valuation to $2 billion.