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The Bank of Canada delivered a big rate cut on Wednesday, slashing key borrowing rates by half a percentage point, and experts said this could help jolt Canada’s “sluggish” housing market. The central bank’s policy rate now stands at 3.75 per cent. Wednesday’s decision is the fourth consecutive drop in interest rates since June and […]
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One key component of Thailand’s support for the development of fintech innovations is its sandbox framework, supervised by the Bank of Thailand (BOT). This framework supports business operators in experimenting with new technologies under controlled conditions. This article explores the structure and significance of the BOT’s sandbox program in driving fintech innovation in Thailand. The […]
This year, David Miliband wrote that World Bank and International Monetary Fund (IMF) summits “have little of the drama of peace negotiations” but that “for the poorest people in the world, the decisions made at these meetings are matters of life and death.” Miliband’s words hold true as the institutions prepare for their annual meetings […]
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Starling Bank, launched in 2014, was hit with massive fines by the UK’s financial regulator this month. Source link
Slaven Vlasic/Getty Images for The New York Times; Chelsea Jia Feng/BI Bank of America analysts raised their price target for Nvidia stock to $190 a share this week. They see the AI market growing to $400 billion, giving Nvidia a “generational opportunity.” They point to Nvidia’s strong lead among competitors, helped by its enterprise partnerships. […]
In celebration of the International Day of the Girl Child, Keystone Bank Limited, in partnership with the Abia State Government, last week empowered over 1,130 underprivileged girls across 17 local government areas on menstrual hygiene and financial literacy. The initiative, according to Keystone Bank, is part of its Corporate Social Responsibility “Let’s Talk Period” project […]
Gonzalez says if you’re in a position to close a dormant account, then do so. She encourages people to keep their financials simplified and manageable, not only because it’s good financially, but also from a security point of view. Loading “Many banks have now continued to uplift and strengthen their fraud and security controls. It’s […]
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