Tag: finance

© Reuters. FILE PHOTO: Woman shops at a pharmacy of a market in Tokyo, Japan March 3, 2023. REUTERS/Androniki Christodoulou/ File Photo TOKYO (Reuters) – Japan’s government on Wednesday slashed its view on the economy for November in its first such downgrade in 10 months, as weak demand weighed on capital spending and consumer expenditure.…

It’s one decision not to take lightly…

© Reuters. FILE PHOTO: German Economy and Climate Minister Robert Habeck speaks, as he and Health Minister Karl Lauterbach (not pictured) attend a press conference on an event by the American pharmaceutical company Eli Lilly and Company, in Berlin, Germany November By Markus Wacket and Andreas Rinke BERLIN (Reuters) -German Economy Minister Robert Habeck on…

CHENNAI – S Venkitaramanan, the former Reserve Bank of India (RBI) Governor who played a pivotal role in India’s economic reforms during the early 1990s, has passed away at the age of 92 after a brief illness. His leadership was marked by critical measures that steered the country through a severe balance of payments crisis.…

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In an exclusive interview with TheStreet, Glamour Editor-in-Chief Samantha Barry explains the new conversation about women and finance…

WASHINGTON – The International Monetary Fund (IMF) has reached a staff-level agreement to augment Kenya’s financial aid, providing immediate access to $682.3 million and an additional $938 million for the country’s ongoing program. This decision comes as Kenya faces liquidity challenges, with a $2 billion Eurobond due in 2024 looming over its economy. The IMF’s…

DAR ES SALAAM – In a significant move to bolster investments in key economic sectors, CRDB Bank and the African Export-Import Bank (Afreximbank) have entered into a strategic partnership. The collaboration was formalized with the signing of a $115 million facility agreement at the Intra-African Trade Fair (IATF) 2023 in Cairo, Egypt, today. This new…

NEW YORK – As the financial industry continues to evolve, a recent report highlights the growing importance of quality digital services in banking for enhancing customer satisfaction. Susan Foulds from Keynova Group emphasized the crucial role that fintechs and retailers play in driving the adoption of real-time payments (RTP), with Citibank at the forefront of…

A brand that once seemed quite special has been crushed by growing competition…