Italian Bank-Tax Confusion Shows Flaws in Meloni’s Coalition
Italy’s banks are paying the price for Prime Minister Giorgia Meloni’s need to cater to the more populist
2023-08-09 21:24
Ghana Inflation Surges to Four-Month High Putting Rates in Focus
Ghana’s inflation rate unexpectedly rose to a four-month high in July on food costs, adding pressure on the
2023-08-09 19:27
Italy Trims Bank Windfall Tax After $10 Billion Value Wiped Out
The Italian government backtracked on part of its new windfall tax on banks, saying it would introduce a
2023-08-09 15:59
Record China Data Revision May Make Export Picture Look Better
China’s customs authority made the biggest downgrade on record to a monthly export figure, a move that could
2023-08-09 14:23
China Sprints Ahead in Race to Modernize Global Money Flows
A new platform to expand the reach of China’s digital yuan and other central bank digital currencies is
2023-08-09 12:26
DBS to Increase Investments, Hiring in China’s Greater Bay Area
DBS Group Holdings Ltd., Southeast Asia’s largest bank, will increase investment and hiring in China’s Greater Bay Area
2023-08-09 09:49
Indian Debt Collection Startup Raises $50 Million From Accel, Westbridge
Credgenics, an online service that helps banks collect on debt, raised $50 million in a funding round led
2023-08-09 07:52
Marqeta Gains on Extended Deal With Block, Revenue Beat
Marqeta Inc. gained after extending a partnership with Jack Dorsey’s payments company Block Inc. and posting revenue that
2023-08-09 07:19
Commonwealth Bank of Australia Cautions on Economy Even as Profit Climbs
Commonwealth Bank of Australia’s profit climbed as higher interest rates and a buoyant housing market supported results at
2023-08-09 05:58
Wall Street WhatsApp, Texting Fines Exceed $2.5 Billion
Wells Fargo & Co. and BNP Paribas SA are among firms that will pay hundreds of millions of
2023-08-09 03:57
KKR Scoops Up Auto Loan Portfolio as Regional Banks Shed Assets
Private equity giant KKR & Co. has purchased a portfolio of prime auto loans from Georgia-based Synovus Financial
2023-08-09 02:58
Meloni’s New Italian Populism Puts Investors, China on Notice
Giorgia Meloni’s economic policy has just taken a sharply populist turn, launching an assault on bank profits and
2023-08-09 00:27