IMF approves $2.34 bn in financing for Kenya
The implementation of a 16% increase in VAT is to help the...
Category Finance
HSBC establishes new unit in Thailand, eyes wealth management services expansion
The bank’s team in Thailand will carry out services of activities such...
Deutsche Bank forms alliance with Google to transform financial services
Google will empower Deutsche with its cloud capabilities...
Revolut hires new Singapore CEO to boost Asia business
Revolut has appointed Mr James Shanahan who was previously the COO of...
GBO
Magazine
Dubai Port seeks partnership with Pelindo IV to develop Ambon’s new
China-based fintech Tencent acquires 5% stake in Afterpay
Afterpay’s stock soared more than 35 percent as a result of the...
Barclays rolls out loan scheme for large businesses in the face of Covid-19
The bank will offer up to £50 mn for businesses with a turnover...
Costs of grounding 737 Max to exceed over $18 billion: Boeing
The aircraft manufacturing giant also said it would incur a further loss...
Singapore’s GIC acquires stake in Myanmar’s Yoma Bank
In latest investing round, GIC and Norway’s Norfund AS will purchase around...
HSBC mulling over withdrawing its operations in Turkey
The banking giant’s likely departure in Turkey, where it has its presence...
Wealthy investors exude positive outlook for 2020
67 percent of rich investors have an optimistic attitude towards their own...