SINGAPORE ― Singapore’s central bank has imposed penalties on nine financial institutions, including Citibank, Julius Baer and UBS, on Friday totaling SG$27.45 million ($21.5 million) in relation to ...

The central bank’s research team examined OpenCBDC 2PC, a model developed in collaboration with the Massachusetts Institute ...

MOSCOW, July 4. /TASS/. The Bank of Russia set the official dollar rate at 78.8354 rubles for July 5 - 7, up five kopecks against the previous indicator. The official euro rate was lowered by 12 ...

SAO PAULO (AP) — Police in Brazil have arrested a suspect in connection with a cyberattack that diverted more than 540 million Brazilian reais (about $100 million) from the country’s banking systems, ...

The World Bank has announced the appointment of Mathew Verghis as its new Country Director for Nigeria, effective July 1, 2025. Verghis takes over from Dr. Ndiame Diop, who has assumed a new role ...

In Asia, a busy week of central bank decisions and key inflation data lies ahead. Monetary policy decisions will be in focus in Australia, New Zealand, South Korea, Malaysia and Thailand, while fresh ...

Central banks added a net 20 t to global gold reserves in May, an uptick from the previous month; however, the overall pace ...

Every 1% cut in central bank interest rates gives Russia's VTB Bank an extra 20 billion roubles ($250 million) in net profit, ...

Stablecoins – cryptocurrencies backed by real assets – are all the rage and have been enthusiastically backed by Donald Trump ...

ST. PETERSBURG, July 4. /TASS/. The share of non-cash payments in Russia has reached 86.7% by now, with the share of card payments in the total volume of payments declining, Director of the National ...

SINGAPORE--Singapore's central bank has imposed more than US$20 million in penalties on nine financial institutions, including major international banks, for what it said were breaches of ...

European banks' stock performance eclipsed that of their US and Asian counterparts by a wide margin in the first half, ...