Finance

On Monday, bitcoin slid as much as 17%, the biggest drop since March, after breaching $34,000 for the first time over the weekend. | AFP-JIJI Bitcoin has the potential to reach $146,000 in the long term as it competes with […]

African countries began officially trading under a new continent-wide free trade area on Friday, after months of delays caused by the global coronavirus pandemic. But experts view the New Year’s Day launch as largely symbolic with full implementation of the […]

A general view shows The Bank of England and the City of London financial district, amid the outbreak of the coronavirus disease (COVID-19), in London, Britain, November 5, 2020. REUTERS/John Sibley/File Photo Europe will see its biggest transfer of share […]

China is expected to go ahead of the United States to become the world’s biggest economy in 2028, 5 years earlier than previously anticipated due to the contrasting recoveries of the two countries from the COVID-19 pandemic.The 2 biggest economies […]

It’s easy to forget that it’s not just politicians who disagree about the opportunities and challenges posed by Britain’s imminent departure from the European Union. Brexit is the UK’s chance to amplify its global financial influence, but many in the […]

Charles Li Xiaojia will step down as chief executive of HKEX in two weeks. Photo: Nora Tam Charles Li Xiaojia hinted on Monday that he would set up his own financial business based in Hong Kong after he steps down […]

Standard Chartered (StanChart) is looking to boost the skillsets of its workforce in Singapore with the launch of a new training lab. The British bank hopes to train 8,000 of its employees here across a range of digital skillsets, including […]

A view of Canary Wharf business district in London, Britain, October 14, 2020. REUTERS/Matthew Childs New capital rules for banks and investment firms will be implemented at the start of 2022, six months later than originally indicated to give industry […]

CEO Tidjane Thiam of Swiss bank Credit Suisse addresses the bank’s annual shareholder meeting in Zurich, Switzerland April 27, 2018. REUTERS/Arnd Wiegmann The former Credit Suisse boss has just been appointed Chairman of the Board of Directors of Rwanda Finance […]

First City Monument Bank (FCMB), a foremost financial services provider in Nigeria, has been voted as the Best SME Bank in Africa, thereby consolidating its position as the dominant financial institution in the segment. The bank won the prestigious award […]