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Central bank continues to skip liquidity...
BEIJING, March 11 (Xinhua) -- China's central bank suspended reverse repos for the eighth straight day on Monday as the liquidity remained stable in the monetary market. The People's Bank of China an
Mexican central bank in talks with Amazo...
Mexico's central bank is in talks with Amazon.com Inc to launch a new government-backed mobile payment system that would allow consumers to pay for online purchases using QR codes, the bank's head of
Foreign exchange rates in Pakistan
ISLAMABAD, Feb. 11 (Xinhua) -- The following are interbank rates of foreign currencies against the Pakistani rupee released by the National Bank of Pakistan on Monday: Currency Buying Selling U.S. do
Yemen's president appoints new central b...
ADEN, Yemen, March 20 (Xinhua) -- Yemen's internationally-recognized President Abd-Rabbu Mansour Hadi issued Wednesday a new decree appointing Hafez Mead as governor of the country's central bank bas
Raisin, the marketplace for savings and ...
Hot on the heels of raising $114 million in Series D funding, Raisin, the pan-European fintech marketplace for savings and investment products, has acquired MHB Bank of Frankfurt, its main provider of
World Bank to invest 400 mln USD in Leba...
BEIRUT, Feb. 11 (Xinhua) -- A World Bank delegation said on Monday that the institution wants to launch a program of 400 million U.S. dollars spanning five years in Lebanon to create job opportunitie
World Bank to provide 1.9 bln USD to Jor...
AMMAN, March 4 (Xinhua) -- The World Bank will provide 1.9 billion U.S. dollars to Jordan over the next two years to support the country's reforms, state-run Petra news agency reported on Monday. The
China faces insufficient sperm donors as...
Sperm banks across China are experiencing a new wave of supply shortage as demand continues to grow. Sichuan Human Sperm Bank said it had 800 volunteers in 2018, down from 1,400 the previous year. Th
Weekly policy snapshot of Chinese econom...
The following are the key moves taken by China's policymakers in the past week to enhance China's economic strength and sustainability, which will have different levels of impact on the market. --FI
Zimbabwe secures nearly 1 bln USD offsho...
HARARE, March 4 (Xinhua) -- Zimbabwe has since last year secured loans amounting to 985 million U.S. dollars from foreign lenders to prop up its ailing economy, Reserve Bank of Zimbabwe Governor John
Nordea bank CEO calls for more int'l mea...
HELSINKI, March 4 (Xinhua) -- Helsinki-based Nordea bank on Monday regretted that its "measures against money laundering had been insufficient earlier", after media revelation about suspicious transf
China's central bank continues to skip o...
BEIJING, March 27 (Xinhua) -- China's central bank continued to skip open market operations on Wednesday, citing abundant liquidity in the banking system. The People's Bank of China said liquidity ha
Ending America’s World Bank monopoly
Editor's note: Kaushik Basu is a former chief economist of the World Bank, a professor of Economics at Cornell University and nonresident senior fellow at the Brookings Institution.The article refle
Zambia seeks continuation of World Bank ...
LUSAKA, March 6 (Xinhua) -- The Zambian government said on Wednesday that it was in support of extension of World Bank-funded projects aimed at uplifting the welfare of women and girls in the country
Feature: Thousands run Palestine Maratho...
by Fatima Aruri BETHLEHEM, West Bank, March 22 (Xinhua) -- In its seventh version, the Palestine Marathon kicked off on Friday with 8,000 participants from 76 countries around the world, under the sl
Norway's central bank increases key rate...
OSLO, March 21 (Xinhua) -- Norway's central bank Norges Bank increased key policy rate from 0.75 to 1 percent on Thursday, newspaper Aftenposten reported. "The upturn in the Norwegian economy seems t
Xinhua world news summary at 0030 GMT, J...
WASHINGTON -- Five people were killed Wednesday after a shooter opened fire in a bank in the U.S. state of Florida, according to local police. "After an assessment of the scene we were sorry to learn
Bank shooting in U.S. state of Florida k...
Five people were killed Wednesday after a shooter opened fire in a bank in the U.S. state of Florida before surrendering to law enforcement officials, according to local police. "After an assessment
New governor of Central Bank of Cyprus a...
NICOSIA, March 28 (Xinhua) -- A new governor of Central Bank of Cyprus (CBC) was appointed on Thursday to replace current CBC chief Chrystalla Georghadji at the end of her five-year term in April, ac
Uzbek central bank suspends 9 local bank...
TASHKENT, March 20 (Xinhua) -- Uzbekistan's central bank said on Wednesday that it has temporarily suspended nine commercial banks from foreign exchange trading for their violations related to stock
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