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China’s State Administration for Market Regulation (SAMR) imposed administrative penalties on Alibaba for its antitrust activities…
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There has been a number of proof-of-concepts and tests of blockchain or distributed ledger technology in financial markets to improve…
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US multinational investment bank and financial services company Citi plans to shut down its consumer banking operations in 13 countries…
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The South African Reserve Bank published a consultation paper that looks into the possibility of setting up a first-ever domestic card…
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The multi-billion dollar losses announced by Credit Suisse and potentially more from other global banks in the Archegos collapse are…
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Grab is set to debut on the US market following its announcement to go public through its partnership with Altimeter.
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Chinese e-commerce player Pinduoduo revealed in its latest report it recorded over 788 million annual active users, surpassing Alibaba’s…
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The amount of assets has tripled under the net zero asset managers initiative which now has 73 global signatories. It accounts for…
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The Asia Pacific will likely remain an active place for mergers and acquisitions in the financial sector in 2021 due to stronger post-pandemic…
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Fintech startup Revolut has applied for a banking licence in the US and UK in a bid to make inroads into the online banking business…
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We are living in the most peaceful time in human history, with the lowest number of deaths from war in the last decade.
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The financial results of BUKU IV banks, the top banks by core capital in Indonesia, weakened amid the COVID-19 crisis. Banks experienced…