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Chinese property stocks surge after 3 major cities relax restrictions on homebuying

China's property stocks rose 7% Monday after Shanghai, Shenzhen, and Guangzhou eased homebuying rul…

Kelly Cloonan   


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5 reasons why inflation will be stickier than expected going forward, Deutsche Bank says

The firm says geopolitical turmoil has pushed commodity prices higher, and global interest-rate cut…

Filip De Mott   


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Congress alleges SEBI Chairperson Madhabi Puri Buch of office for profit

In a press conference in New Delhi on Monday, Pawan Khera, Chairman, Media and Publicity Department…

ANI   


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China's growth will fizzle next year despite stimulus efforts, and its issues will drag down neighboring economies, World Bank says

Even with stimulus measures, China's growth will slow next year, weighing on its neighbors' growth …

Kelly Cloonan   


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Bank CEO says employees get a 2-week 'recharge period' at the end of December with more relaxed work schedules

BNY Mellon's CEO said bank employees are "postponing more routine items until the New Year."

Jordan Hart   


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Tap your ring or watch to pay! Wearable payment devices are a reality, but challenges remain

Technology has transformed every aspect of our lives, and payments are no different. From debit and…

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NYCB's stock crash shows the peril of a bank growing too fast

Growth is king in most industries, and everyone is constantly chasing it. But NYCB has shown expand…

Matthew Fox   


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Relax, SVB's implosion is nothing like the 2008 financial crisis, and the economy will be fine

If the US enters a recession this year, SVB's collapse won't be the reason why. It's very different…

Jacob Zinkula   


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Why Silicon Valley Bank failed

Wondering what happened at Silicon Valley Bank? SVB's recent actions are partly to blame, but the s…

Matt Turner   


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As Fed resumes rate hike, market watchers say RBI policy unlikely to be affected

The United States Federal Reserve raised its benchmark interest rate by 25 basis points on Wednesda…

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The top stories in the world of banking in 2022

While 2022 wasn't a massive year for banks, they also largely avoided most of the carnage that impa…

Dan DeFrancesco   


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88% of ₹14,000 cr AIF funding goes to startups in 5 states - Karnataka tops the list

Nearly 88 per cent of the investments made by Alternative Investment Funds (AIFs) under the Startup…

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Bankers say private capex will take one more year to revive

Banking industry's lobby grouping Indian Banks Association's chairman A K Goel said the increased c…

PTI   


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Relax, those objects in the sky are probably just from one of the 90 countries and 10,000 companies that make up the nearly $1 trillion space economy

The three UFOs the US shot down last weekend might not belong to China or aliens. There's a good ch…

Jacob Zinkula