Russia’s MKB Flags Deepening Loan Losses as Bad Debt Surges Eightfold
One of Russia’s largest “systemically important” banks has disclosed severe financial strains as overdue loans mount across the…
Tyra Banks’ cringe Christmas DJ set at Sydney nightclub goes viral
Her efforts to hype up the crowd appeared to fall flat. One TikTok video, captioned “somebody come collect…
Fisher & Paykel Healthcare drives NZ sharemarket up – Market close
“It’s given back a bit of ground, and that ground that we have given back has been post…
G20 fails to deliver on sovereign debt distress | Debt News
Heads of state from the world’s most powerful countries gathered in Johannesburg, South Africa, over the weekend for…
OCR Preview: Another rate cut coming – but will it be the last?
“We don’t expect the RBNZ to cut further next year (barring a global shock),” said ANZ chief economist…
Jetstar flights to ban use of portable power banks on all flights, Air New Zealand looking into it
“Due to the growing use of portable power banks by travellers and the safety risks of damaged or…
Media Insider: Kiwibank appoints Together as new advertising agency, parts ways with OMD on eve of seismic global merger
Together will work alongside incumbent Kiwibank agencies, Special (brand strategy, creative comms and consumer PR), TRA (strategy, lead…
CEO Southeast Asia’s top bank DBS says AI adoption already paying off
Tan Su Shan, chief executive officer of DBS Group Holdings Ltd., speaking at the Singapore Fintech Festival in…
Fitch warns ‘Vietnam banks at risk’ as government accelerates lending
Fitch Ratings has issued a warning about the growing risks facing Vietnam’s banking sector. The agency raised concerns…
Reserve Bank building in Wellington closes temporarily due to asbestos; bank’s operations unaffected as staff work from home
While Wellington staff are working from home, the central bank didn’t expect the disruption to impact its services.…
Interac launches Konek to widen online payment options
TORONTO — Interac Corp. says it has launched a new offering that gives Canadians more ways to pay…
Indonesian banks brace for government policy headwinds after profit slump
Finance Shariah-compliant lenders defy industry’s poor performance amid weak consumer sentiment Of Indonesia’s four largest lenders, only Bank…